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of <h1>India to Re-Issue Government Stocks Worth Rs. 15,000 Crore via Auction; Bids on RBI E-Kuber by June 30.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, totaling Rs. 15,000 crore. The stocks include 7.68% Government Stock 2023, 7.59% Government Stock 2026, 7.50% Government Stock 2034, and 7.72% Government Stock 2055. The Reserve Bank of India will conduct the auctions on June 30, 2016, using the multiple price method. Up to 5% of the stocks are reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced on the same day and payment due by July 1, 2016.
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