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<h1>India to Re-Issue Rs. 15,000 Crore in Govt Stocks via Auction on July 22, 2016.</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, 7.73% Government Stock 2034, and 8.13% Government Stock 2045. The Reserve Bank of India will conduct these auctions on July 22, 2016, using a multiple price method. Up to 5% of the notified amount is reserved for eligible individuals and institutions under a non-competitive bidding scheme. Bids are to be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by July 25, 2016.