South Africa's Eskom dollar bonds rally as govt weighs extra support options
LONDON, July 4 (Reuters) - Dollar-denominated bonds issued by South Africa's Eskom gained on Thursday after a senior treasury official said the government was weighing extra options to support the struggling state power firm.
The 2023 issue XS0958072240=TE added 0.7 cents in the dollar, while the 2028 issue XS1864522757=TE gained 0.5 cents in the dollar, according to Tradeweb data.
The support included swapping Eskom's debt for government bonds or ring-fencing it in a special account, Reuters reported on Wednesday, citing a senior treasury official.
(Reporting By Tom Arnold; editing by David Evans)