<h1>India to Re-issue Rs. 18,000 Crore Government Stocks via Auction on April 13, 2017; Payments Due April 17.</h1> The Government of India announced the re-issuance of four government stocks through a price-based auction, totaling Rs. 18,000 crore. The stocks include 6.84% Government Stock 2022 for Rs. 4,000 crore, 6.97% Government Stock 2026 for Rs. 8,000 crore, 7.73% Government Stock 2034 for Rs. 3,000 crore, and 7.06% Government Stock 2046 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on April 13, 2017, 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 on the auction day, with payments due by April 17, 2017.