<h1>India to Re-Issue Four Government Stocks via Auction on April 28, 2017; Reserve Bank to Conduct Sale.</h1> The Government of India announced the re-issue sale of four government stocks through a price-based auction. The stocks include 6.84% Government Stock 2022 for Rs. 3,000 crore, 6.97% Government Stock 2026 for Rs. 7,000 crore, 7.73% Government Stock 2034 for Rs. 2,000 crore, and 7.06% Government Stock 2046 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auction on April 28, 2017, using a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions. Bids will be submitted electronically, with results announced on the same day and payments due by May 2, 2017.