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of <h1>India to Re-Issue Three Government Stocks via Auction on Oct 5, 2012; 5% Reserved for Eligible Bidders.</h1> The Government of India announced the re-issue of three government stocks through a price-based auction. The stocks include 8.19% Government Stock 2020 for Rs. 3,000 crore, 8.20% Government Stock 2025 for Rs. 7,000 crore, and 8.83% Government Stock 2041 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on October 5, 2012, using a uniform price method. Up to 5% of the stocks will be allotted to eligible individuals and institutions. Bids must be submitted electronically, with results announced the same day and payment due by October 8, 2012.
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