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<h1>India to Re-Issue Rs. 15,000 Crore in Government Stocks via Auction; Reserve Bank to Conduct on July 8, 2016.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, totaling Rs. 15,000 crore. These include 7.80% stock maturing in 2021 for Rs. 3,000 crore, 7.59% stock maturing in 2029 for Rs. 7,000 crore, 7.73% stock maturing in 2034 for Rs. 2,000 crore, and 8.13% stock maturing in 2045 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on July 8, 2016, using a multiple price method. Up to 5% of the stocks will be reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced the same day, with payment due by July 11, 2016.