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of <h1>India to Re-Issue Four Government Stocks via Auction; Bids Open for 6.84%, 6.97%, 7.73%, 8.13% Interest Rates -Kuber.</h1> The Government of India announced the re-issue sale of four government stocks with varying interest rates and maturity dates through a price-based auction. The stocks include 6.84% Government Stock 2022, 6.97% Government Stock 2026, 7.73% Government Stock 2034, and 8.13% Government Stock 2045, with notified amounts of Rs. 2,000 crore to Rs. 8,000 crore. The Reserve Bank of India will conduct the auctions on September 23, 2016, using the E-Kuber system. Both competitive and non-competitive bids are invited, with results announced the same day and payments due by September 26, 2016. The stocks will be eligible for When Issued trading.
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