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YPF Returns to Market

Sep 13, 2012

Argentina’s YPF has raised ARP1.2bn ($258m) in 3-year domestic bonds, it says, its first issuance of debt since the government took control of the oil company earlier this year. The bonds pay the Badlar reference...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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