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<h1>India Announces Re-Issue of Government Stocks Worth Rs. 12,000 Crore via Auction on February 8, 2019.</h1> The Government of India has announced the re-issue of government stocks through a price-based auction, totaling Rs. 12,000 crore. The stocks include 7.32% Government Stock, 2024 (Rs. 3,000 crore), 7.26% Government Stock, 2029 (Rs. 4,000 crore), 8.24% Government Stock, 2033 (Rs. 2,000 crore), and 7.06% Government Stock, 2046 (Rs. 3,000 crore). The auction, conducted by the Reserve Bank of India on February 8, 2019, will use a multiple price method. Eligible individuals and institutions can access up to 5% of the notified sale amount via non-competitive bidding. Results will be announced the same day, with payments due by February 11, 2019.
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