<h1>India to Auction Rs. 17,000 Crore in Government Stocks with Maturities from 2021 to 2059 on July 12.</h1> The Government of India announced the sale of new government stocks totaling Rs. 17,000 crore through auctions conducted by the Reserve Bank of India on July 12, 2019. The offerings include stocks maturing in 2021, 2026, 2033, 2039, and 2059, with varying interest rates. The government may retain an additional Rs. 1,000 crore in subscriptions for any of the securities. Auctions will use a multiple price method, with 5% reserved for eligible individuals and institutions under a non-competitive bidding facility. Bids must be submitted electronically, and results will be announced on the auction day, with payments due by July 15, 2019.