<h1>India to Auction Government Stocks Worth Rs. 18,000 Crore; Includes 14-Year and 38-Year Maturities. Auction on September 1.</h1> The Government of India announced the sale and re-issue of government stocks through auctions. The offerings include a 6.84% stock maturing in 2022 for Rs. 3,000 crore, a new 14-year stock for Rs. 9,000 crore, a 6.57% stock maturing in 2033 for Rs. 3,000 crore, and a 7.72% stock maturing in 2055 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on September 1, 2017, using a multiple price method. Up to 5% of the stocks will be reserved for eligible individuals and institutions through non-competitive bidding. Results will be announced the same day, with payments due by September 4, 2017.