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<h1>India to Re-Issue Rs. 15,000 Crore in Government Stocks via Auction on May 25, 2012.</h1> The Government of India has announced the re-issue of four government stocks through price-based auctions, totaling Rs. 15,000 crore. These include 8.24% stock maturing in 2018, 8.79% in 2021, 8.28% in 2027, and 8.33% in 2036. The Reserve Bank of India will conduct the auctions on May 25, 2012, using a uniform price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions via non-competitive bidding. Bids are to be submitted electronically, with results announced the same day and payment due by May 28, 2012. The stocks are eligible for When Issued trading.
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