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of <h1>India to Re-issue Government Stocks via Auction: Includes 2023, 2026, 2034, and 2044 Stocks. Auction Date: May 13.</h1> The Government of India has announced the re-issue of various government stocks through price-based auctions. The stocks include 7.68% Government Stock 2023 for Rs. 3,000 crore, 7.59% Government Stock 2026 for Rs. 8,000 crore, 7.50% Government Stock 2034 for Rs. 2,000 crore, and 8.17% Government Stock 2044 for Rs. 2,000 crore. The auctions, conducted by the Reserve Bank of India on May 13, 2016, will use a multiple price method. Up to 5% will be allocated to eligible individuals and institutions via non-competitive bidding. Results will be announced on May 13, with payments due by May 16.
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