<h1>India to Re-Issue Government Stocks Worth Rs. 12,000 Crore in Auction; Payments Due May 28, 2018.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, totaling Rs. 12,000 crore, with the option to retain an additional Rs. 1,000 crore. The stocks include 6.84% Government Stock 2022, 7.17% Government Stock 2028, 7.40% Government Stock 2035, and 7.06% Government Stock 2046. The auction, conducted by the Reserve Bank of India on May 25, 2018, will use a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions under a non-competitive bidding facility. Results will be announced the same day, with payments due by May 28, 2018.