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<h1>India Announces Auction of Government Securities Worth Rs. 15,000 Crore, Including Floating Rate Bonds and Various Stock Options.</h1> The Government of India announced the sale and reissue of various government securities through price-based auctions. These include Floating Rate Bonds 2024 for Rs. 3,000 crore, 6.79% Government Stock 2027 for Rs. 8,000 crore, 7.73% Government Stock 2034 for Rs. 2,000 crore, and 7.06% Government Stock 2046 for Rs. 2,000 crore. The Reserve Bank of India will conduct the auctions on May 26, 2017, using a multiple price method. Up to 5% of the stocks will be allotted to eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced the same day, with payments due by May 29, 2017.