JOHANNESBURG Feb 24 (Reuters) – South African power
utility Eskom Holdings said on Friday it would auction
up to 150 million rand ($19.55 million) of its 2018 bond and up
to 100 million rand of its 2026 issue on Feb. 29.
The utility said minimum bids allowed would be 1 million
rand and bids would be based on the spread over the government’s
2018 and 2026 bond respectively.
($1 = 7.6737 South African rand)
(Reporting by Stella Mapenzauswa; Editing by Phumza Macanda)
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