Eskom auctions CPI-linked bond at 2.55 percent

JOHANNESBURG, April 25 Wed Apr 25, 2012 5:35am EDT

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JOHANNESBURG, April 25 (Reuters) - South African power utility Eskom said on Wednesday it sold 250 million rand ($32 million) of its of its EL28 CPI inflation-linked bond due in 2028 at a clearing yield of 2.55 percent.

The utility said the bond was issued at par. It will pay out a semi-annual coupon rate of 2.55 percent. ($1 = 7.7905 South African rand) (Reporting by Xola Potelwa; Editing by Jon Herskovitz)

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