ICE BofA AAA-A US Emerging Markets Liquid Corporate Plus Index Effective Yield

BAMLEM1RAAA2ALCRPIUSEY • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.67

Year-over-Year Change

-2.51%

Date Range

10/25/2021 - 8/6/2025

Summary

The ICE BofA AAA-A US Emerging Markets Liquid Corporate Plus Index Effective Yield tracks the average yield of high-quality corporate bonds in emerging markets. This metric provides critical insights into corporate borrowing costs and investment opportunities across developing economies.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This index represents the effective yield for investment-grade corporate bonds from emerging market issuers rated between AAA and A. Economists and investors use this indicator to assess credit market conditions, risk premiums, and potential returns in emerging market corporate debt.

Methodology

The index is calculated by Bank of America using a weighted average of effective yields from qualifying corporate bonds in emerging markets, considering factors like credit rating, liquidity, and market conditions.

Historical Context

Policymakers and investors use this yield metric to evaluate economic health, investment attractiveness, and potential risks in emerging market corporate debt markets.

Key Facts

  • Covers investment-grade corporate bonds from emerging markets
  • Provides insight into corporate borrowing costs
  • Includes bonds rated between AAA and A

FAQs

Q: What does this index measure?

A: The index measures the effective yield of high-quality corporate bonds from emerging markets rated between AAA and A.

Q: Why is this yield important for investors?

A: It helps investors assess potential returns, credit market conditions, and risk levels in emerging market corporate debt.

Q: How often is this index updated?

A: The index is typically updated regularly, reflecting current market conditions and bond performance.

Q: What types of bonds are included in this index?

A: The index includes liquid corporate bonds from emerging markets with investment-grade ratings between AAA and A.

Q: Can this index predict economic trends?

A: While not a definitive predictor, the index can provide insights into emerging market economic health and corporate financial conditions.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA AAA-A US Emerging Markets Liquid Corporate Plus Index Effective Yield [BAMLEM1RAAA2ALCRPIUSEY], retrieved from FRED.

Last Checked: 8/1/2025