<h1>India to Re-Issue Govt Stocks Worth Rs. 12,000 Crore on July 6, 2018; Bidding via RBI's E-Kuber System.</h1> The Government of India announced a re-issue auction of various government stocks scheduled for July 6, 2018. The auction includes five types of government securities with a total notified amount of Rs. 12,000 crore, with an option to retain an additional Rs. 1,000 crore. The Reserve Bank of India will conduct the auction using a multiple price method. Up to 5% of the stocks will be allotted to eligible individuals and institutions under a non-competitive bidding facility. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced on the same day and payments due by July 9, 2018.