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<h1>India Announces Re-Issue Auction of Government Stocks Worth Rs. 16,000 Crore on December 6, 2019.</h1> The Government of India announced the re-issue auction of various government stocks, including 6.17% GS 2021, 7.27% GS 2026, 6.45% GS 2029, 7.62% GS 2039, and 7.63% GS 2059, totaling Rs. 16,000 crore. The auction, conducted by the Reserve Bank of India on December 6, 2019, allows for an additional subscription of up to Rs. 1,000 crore. Both competitive and non-competitive bids must be submitted electronically via the RBI's E-Kuber system. Results will be announced on the auction day, with payment due on December 9, 2019. Eligible individuals and institutions can access up to 5% of the notified amount through non-competitive bidding.