<h1>India to Re-Issue Government Stocks Worth Rs. 17,000 Crore via Auction; Includes Bonds up to 2059 Maturity.</h1> The Government of India announced the re-issue sale of various government stocks through a price-based auction, totaling Rs. 17,000 crore. The stocks include 7.00% Government Stock 2021, 7.27% Government Stock 2026, Floating Rate Bonds 2031, 7.62% Government Stock 2039, and 7.63% Government Stock 2059. The Reserve Bank of India will conduct the auction on May 31, 2019, using a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on May 31, with payments due on June 3, 2019.