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<h1>India to Auction Government Securities Worth Rs. 12,000 Crore; RBI to Conduct Auction via E-Kuber on Dec 28.</h1> The Government of India announced the auction of dated securities, including 8.12% Government Stock 2020, 8.20% Government Stock 2025, and a new 30-Year Government Stock, totaling Rs. 12,000 crore. The Reserve Bank of India will conduct the auctions on December 28, 2012, using a uniform price method. Bids must be submitted electronically via the RBI's E-Kuber system. A portion of the securities will be allocated to eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on the auction day, with payments due by December 31, 2012.