<h1>India to Re-Issue Government Stocks Worth Rs. 10,000 Crore in August Auction; Up to 5% for Non-Competitive Bids.</h1> The Government of India has announced the re-issue of two government stocks: '8.24 percent Government Stock 2018' for Rs. 6,000 crore and '7.95 percent Government Stock 2032' for Rs. 4,000 crore. These will be sold through a price-based auction using the uniform price method on August 8, 2008, conducted by the Reserve Bank of India in Mumbai. Up to 5% of the stocks will be allocated to eligible individuals and institutions via a non-competitive bidding facility. Bids must be submitted by 12:30 PM on the auction day, with results announced the same day and payments due by August 11, 2008.