<h1>India Announces Re-Issue of Government Stocks via RBI Auction, Includes Non-Competitive Bidding Option for 5% Allocation.</h1> The Government of India announced the re-issue sale of three government stocks: 8.07% Government Stock 2017 for Rs.4,000 crore, 8.08% Government Stock 2022 for Rs.5,000 crore, and 8.28% Government Stock 2027 for Rs.3,000 crore. These sales will occur through price-based auctions conducted by the Reserve Bank of India on July 22, 2011. Up to 5% of the stocks are reserved for eligible individuals and institutions under a non-competitive bidding scheme. Bids must be submitted electronically on the Negotiated Dealing System, with results announced the same day and payments due by July 25, 2011.