<h1>India to Auction Government Bonds Worth Rs. 15,000 Crore on August 24, 2017; Includes 2024, 2027, 2034, 2046 Bonds.</h1> The Government of India announced the sale of government stocks through a price-based auction, including 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 August 24, 2017, using a multiple price method. Up to 5% will be allotted to eligible individuals and institutions via non-competitive bidding. Bids must be submitted electronically on the E-Kuber system, with results announced the same day and payments due by August 28, 2017.