<h1>India to Re-Issue Auction for Government Stocks Worth Rs. 12,000 Crore on December 28, 2018.</h1> The Government of India announced a re-issue auction of four government stocks, totaling Rs. 12,000 crore, with an option to retain an additional Rs. 1,000 crore for each security. The stocks include 7.37% 2023, 7.17% 2028, 8.24% 2033, and 7.06% 2046. The Reserve Bank of India will conduct the auctions using a multiple price method on December 28, 2018. Up to 5% of the stocks will be reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Results will be announced on the same day, with payments due by December 31, 2018.