ICE BofA BB US Emerging Markets Liquid Corporate Plus Index Effective Yield
This dataset tracks ice bofa bb us emerging markets liquid corporate plus index effective yield over time.
Latest Value
6.77
Year-over-Year Change
-2.17%
Date Range
12/31/2003 - 8/5/2025
Summary
The ICE BofA BB US Emerging Markets Liquid Corporate Plus Index Effective Yield tracks the average yield of corporate bonds in emerging markets with a BB credit rating. This metric provides critical insights 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 liquid corporate bonds from emerging market issuers rated BB by credit rating agencies. Economists and investors use it to assess the risk premium and investment potential in emerging market corporate debt.
Methodology
The yield is calculated by weighing the effective yields of eligible BB-rated corporate bonds from emerging markets, considering factors like credit quality, liquidity, and market conditions.
Historical Context
Financial analysts and policymakers use this index to evaluate investment risks, assess emerging market economic health, and make informed decisions about international corporate bond allocations.
Key Facts
- Represents BB-rated corporate bonds from emerging markets
- Provides insight into corporate debt risk and return
- Used by investors to assess emerging market financial conditions
FAQs
Q: What does a higher yield on this index indicate?
A: A higher yield typically suggests higher perceived risk in emerging market corporate bonds, potentially reflecting economic instability or market challenges.
Q: How often is this index updated?
A: The index is typically updated daily, reflecting real-time changes in emerging market corporate bond yields and market conditions.
Q: Why are BB-rated bonds significant?
A: BB-rated bonds are considered 'speculative' or 'non-investment grade', representing a balance between risk and potential return for investors.
Q: How do investors use this index?
A: Investors use this index to compare potential returns, assess risk levels, and make strategic decisions about emerging market corporate bond investments.
Q: What limitations exist in this index?
A: The index only covers BB-rated bonds and may not fully represent the entire spectrum of emerging market corporate debt or smaller market segments.
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Citation
U.S. Federal Reserve, ICE BofA BB US Emerging Markets Liquid Corporate Plus Index Effective Yield [BAMLEM3RBBLCRPIUSEY], retrieved from FRED.
Last Checked: 8/1/2025