<h1>India Announces Auction of Government Stocks Totaling Rs. 19,000 Crore with April 9 Deadline for Bids.</h1> The Government of India announced the sale and re-issue of three government stocks: New Government Stock 2022 for Rs. 3,000 crore, 6.45% Government Stock 2029 for Rs. 10,000 crore, and New Government Stock 2060 for Rs. 6,000 crore. The auctions, conducted by the Reserve Bank of India on April 9, 2020, will use a multiple price method. The government may retain additional subscriptions up to Rs. 2,000 crore for each security, with a total retention cap of Rs. 20,000 crore for the first half of FY 2020-21. Bids must be submitted electronically, with results announced on the same day and payment due by April 13, 2020.