<h1>India to Re-Issue Rs. 12,000 Crore in Government Stocks via Auction on May 8, 2009.</h1> The Government of India announced the re-issue of three government stocks through price-based auctions, totaling Rs. 12,000 crore. These include the '6.05 percent Government Stock 2019' for Rs. 6,000 crore, '8.24 percent Government Stock 2027' for Rs. 3,000 crore, and '6.83 percent Government Stock 2039' for Rs. 3,000 crore. The auctions, conducted by the Reserve Bank of India, will take place on May 8, 2009. Up to 5% of the stocks are reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on May 8, with payments due by May 11.