ICE BofA AAA-A US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst
This dataset tracks ice bofa aaa-a us emerging markets liquid corporate plus index semi-annual yield to worst over time.
Latest Value
4.79
Year-over-Year Change
-3.04%
Date Range
12/31/2003 - 8/5/2025
Summary
This index tracks the semi-annual yield to worst for AAA-A rated emerging market corporate bonds, providing insight into the potential returns and risk levels of high-quality corporate debt in developing economies. It serves as a critical benchmark for investors and economists assessing corporate bond performance in emerging markets.
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
The index represents a comprehensive measure of yield expectations for top-tier corporate bonds in emerging markets, reflecting both credit quality and potential investment returns. Economists and financial analysts use this metric to gauge corporate financial health, market sentiment, and potential investment opportunities in developing economies.
Methodology
The index is calculated by Bank of America using a complex methodology that considers bond ratings, market conditions, and potential worst-case yield scenarios for AAA-A rated corporate bonds.
Historical Context
This index is used by central banks, investment firms, and policymakers to assess corporate debt markets, evaluate economic risks, and make strategic investment and monetary policy decisions.
Key Facts
- Focuses on AAA-A rated corporate bonds in emerging markets
- Provides semi-annual yield to worst calculations
- Critical indicator for international investment strategies
FAQs
Q: What does 'Yield to Worst' mean?
A: Yield to Worst represents the lowest potential yield an investor can receive from a bond without the issuer defaulting, accounting for potential early redemption scenarios.
Q: Why are emerging market corporate bonds important?
A: Emerging market corporate bonds offer potentially higher returns compared to developed markets, though they typically carry higher risk and volatility.
Q: How often is this index updated?
A: The index is calculated and updated on a semi-annual basis, providing periodic snapshots of corporate bond performance in emerging markets.
Q: Who uses this index?
A: Institutional investors, financial analysts, central banks, and economic researchers use this index to assess corporate debt markets and investment opportunities.
Q: What limitations does this index have?
A: The index only covers AAA-A rated bonds, which means it doesn't represent the entire spectrum of corporate bonds in emerging markets.
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Citation
U.S. Federal Reserve, ICE BofA AAA-A US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEM1RAAA2ALCRPIUSSYTW], retrieved from FRED.
Last Checked: 8/1/2025