YPF gains audience but market access limited in Argentina

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YPF gains audience but market access limited in Argentina

YPF
A worker rests by a YPF oil company truck near a plant in La Plata, Argentina, Thursday April 19, 2012. Argentine President Cristina Fernandez has defended the move to re-nationalize YPF as part of a drive to restore her country's sovereignty, increase oil production and rely less on hydrocarbon imports. (AP Photo/Natacha Pisarenko) | Natacha Pisarenko/AP/Press Association Images

State-owned oil company YPF’s blowout bond issuance this week is a promising sign for other Argentine issuers in a country in critical need of dollars. But the list of those that potentially have market access is short, warn investors, despite a rally in Argentine debt in the past week.

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