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of <h1>India to Auction Government Stocks Worth Rs. 15,000 Crore, Including New 10-Year Stock, on June 8, 2012.</h1> The Government of India announced the auction of various government stocks, including 8.24% Government Stock 2018, a new 10-Year Government Stock, 8.97% Government Stock 2030, and 8.33% Government Stock 2036, totaling Rs. 15,000 crore. The auction, conducted by the Reserve Bank of India in Mumbai on June 8, 2012, will use a uniform price method. Eligible individuals and institutions can access up to 5% of the notified amount through a non-competitive bidding facility. Bids must be submitted electronically on the Negotiated Dealing System, with results announced on the auction day and payments due by June 11, 2012.
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