ICE BofA BB Emerging Markets Corporate Plus Index Effective Yield
This dataset tracks ice bofa bb emerging markets corporate plus index effective yield over time.
Latest Value
6.61
Year-over-Year Change
-0.75%
Date Range
12/31/1998 - 8/7/2025
Summary
The ICE BofA BB Emerging Markets Corporate Plus Index Effective Yield tracks the average yield of corporate bonds in emerging markets rated BB. This metric provides critical insight into the risk and return characteristics of corporate debt in 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 weighted average effective yield of corporate bonds from emerging market issuers with a BB credit rating. Economists and investors use it to assess the risk premium and investment potential in emerging market corporate debt.
Methodology
The index is calculated by Bank of America Merrill Lynch using a market-value weighted methodology that captures the effective yield of eligible corporate bonds.
Historical Context
Financial analysts and policymakers use this index to evaluate emerging market corporate credit conditions and potential investment opportunities.
Key Facts
- Represents BB-rated corporate bonds in emerging markets
- Provides insight into corporate credit risk and returns
- Weighted by market value of underlying bonds
FAQs
Q: What does a BB rating mean?
A: BB is a speculative credit rating indicating higher risk but potential for higher returns compared to investment-grade bonds.
Q: How often is this index updated?
A: The index is typically updated daily, reflecting real-time changes in emerging market corporate bond yields.
Q: Why are emerging market corporate bonds important?
A: They offer diversification and potentially higher yields for investors seeking exposure to developing economies.
Q: How do geopolitical events impact this index?
A: Political and economic instability can significantly affect emerging market bond yields and risk perceptions.
Q: Can individual investors access this index?
A: Investors can gain exposure through ETFs and mutual funds that track emerging market corporate bond indices.
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Citation
U.S. Federal Reserve, ICE BofA BB Emerging Markets Corporate Plus Index Effective Yield [BAMLEM3BRRBBCRPIEY], retrieved from FRED.
Last Checked: 8/1/2025