Exact monopole instantons and cosmological solutions in string theory from abelian dimensional reduction

We compute the exact string vacuum backgrounds corresponding to the non-compact coset theory $SU(2,1)/SU(2)$. The conformal field theory defined by the level $k= 4$ results in a five dimensional singular solution that factorizes in an asymptotic region as the linear dilaton solution and a $S^3$ model. It presents two abelian compact isometries that allow to reinterpreting it from a four dimensional point of view as a stationary and magnetically charged space-time resembling in some aspects the Kerr-Newman solution of general relativity. The $k=\frac{13}{7}$ theory on the other hand describes a cosmological solution that interpolates between a singular phase at short times and a $S^1 \times S^2$ universe after some planckian times.