<h1>India to Re-Issue Rs.16,000 Crore in Government Stocks via RBI Auction on April 20, 2012.</h1> The Government of India announced the sale (re-issue) of four government stocks through price-based auctions, totaling Rs.16,000 crore. These include 8.19% stock maturing in 2020, 9.15% in 2024, 8.97% in 2030, and 8.83% in 2041. The auctions, using a uniform price method, will be conducted by the Reserve Bank of India on April 20, 2012. A portion, up to 5%, will be allotted to eligible individuals and institutions via a non-competitive bidding facility. Bids must be submitted electronically, with results announced on the same day and payments due by April 23, 2012.