<h1>India Announces Re-Issue of Government Securities Totaling Rs. 11,000 Crore; Auctions Held by RBI on January 6, 2017.</h1> The Government of India announced the re-issue sale of various government securities, including Floating Rate Bonds 2024 for Rs. 2,000 crore, 6.79% Government Stock 2029 for Rs. 5,000 crore, 6.57% Government Stock 2033 for Rs. 2,000 crore, and 6.62% Government Stock 2051 for Rs. 2,000 crore. The auctions, conducted by the Reserve Bank of India in Mumbai on January 6, 2017, will use a multiple price method. Up to 5% of the sale will be allotted to eligible individuals and institutions. Bids must be submitted electronically, with non-competitive bids due between 10:30 a.m. and 11:30 a.m., and competitive bids by noon. Results will be announced the same day, with payments due on January 9, 2017.