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<h1>India to Auction Government Stocks Worth Rs. 15,000 Crore on June 1, 2012; Includes Non-Competitive Bidding Option.</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. 7,000 crore, 8.28% Government Stock 2032 for Rs. 2,000 crore, and 8.83% Government Stock 2041 for Rs. 2,000 crore. The Reserve Bank of India will conduct these auctions on June 1, 2012, using a uniform price method. Up to 5% of the stocks will be allotted to eligible individuals and institutions through a non-competitive bidding facility. Results will be announced on June 1, with payment due by June 4, 2012.