<h1>India to Re-Issue Rs. 15,000 Crore in Government Stocks via Auction on July 29, 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 7.80% Government Stock 2021, 7.59% Government Stock 2029, 7.50% Government Stock 2034, and 7.72% Government Stock 2055. The Reserve Bank of India will conduct the auctions on July 29, 2016, using a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on the auction day, with payments due by August 1, 2016.