<h1>India to Auction Government Stocks Worth Rs.13,000 Crore on January 27, 2012; Includes Non-Competitive Bidding Scheme.</h1> The Government of India announced the auction of government stocks, including the re-issue of 8.19% Government Stock 2020 for Rs.4,000 crore, 9.15% Government Stock 2024 for Rs.6,000 crore, and 8.97% Government Stock 2030 for Rs.3,000 crore. The Reserve Bank of India will conduct the auctions using a uniform price method on January 27, 2012. Up to 5% of the stocks will be allocated to eligible individuals and institutions under a non-competitive bidding scheme. Bids are to be submitted electronically on the Negotiated Dealing System, with results announced the same day and payments due by January 30, 2012.