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<h1>India to Re-Issue 7.50% Government Stock 2034 for Rs. 4,000 Crore via Auction on April 9, 2009</h1> The Government of India has announced the re-issue of the '7.50 per cent Government Stock, 2034' for an aggregate amount of Rs. 4,000 crore. The sale will be conducted via a price-based auction using a uniform price auction method by the Reserve Bank of India on April 9, 2009. Up to 5% of the notified amount will be allocated to non-competitive bidders, including eligible individuals and institutions. The stock has a 30-year tenure, maturing on August 10, 2034, with interest paid semi-annually. The auction results will be announced on April 9, 2009, and successful bidders must make payment by April 13, 2009.