JOHANNESBURG, April 16 (Reuters) – South Africa’s state
power utility Eskom said on Monday it would on April
25 auction 250 million rand ($31.49 million) of its EL28 CPI
inflation-linked bond due in 2028.
Eskom said the coupon for the bond would be set at the time
of auction and that it was looking to issue at par or close to
par. The CPI base date would be May 2, it added.
($1 = 7.9393 South African rand)
(Reporting by Stella Mapenzauswa)
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