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South Africa's Eskom auctions

JOHANNESBURG : South African power utility Eskom aid on Wednesday it had sold 200 million rand ($29.52 million) of its E
Muhammad Iqbal 22 Jun, 2011

The company also auctioned 100 million rand of the 2026 bond at a clearing yield of 9.14 percent.

Eskom received 300 million rand worth of bids for the 2023 issue and 227 million rand for the 2026 bond, it said in a statement.

Copyright Reuters, 2011

 

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