ICE BofA B & Lower Emerging Markets Corporate Plus Index Effective Yield
This dataset tracks ice bofa b & lower emerging markets corporate plus index effective yield over time.
Latest Value
8.63
Year-over-Year Change
-4.85%
Date Range
12/31/1998 - 8/7/2025
Summary
The ICE BofA B & Lower Emerging Markets Corporate Plus Index Effective Yield tracks the average yield of corporate bonds rated B and lower in emerging markets. This metric provides critical insight into the risk and return characteristics of lower-rated 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 effective yield for corporate bonds with below-investment-grade ratings in emerging market economies. Economists and investors use it to assess credit risk, market sentiment, and potential investment opportunities in developing financial markets.
Methodology
The index is calculated by Bank of America using a weighted average approach that considers the effective yield of eligible corporate bonds meeting specific rating and market criteria.
Historical Context
Financial analysts and policymakers use this yield metric to evaluate emerging market corporate credit conditions and potential investment risks.
Key Facts
- Focuses on B-rated and lower corporate bonds in emerging markets
- Provides insight into high-yield debt market conditions
- Reflects potential investment risk and return in developing economies
FAQs
Q: What does this index measure?
A: The index measures the effective yield of corporate bonds rated B and lower in emerging markets, indicating the average return for higher-risk corporate debt.
Q: Why is this yield important?
A: It helps investors and analysts assess credit risk and potential returns in emerging market corporate bond markets.
Q: How often is this data updated?
A: The index is typically updated regularly, with precise frequency depending on Bank of America's reporting schedule.
Q: What does a high yield indicate?
A: A higher yield typically suggests greater perceived risk in the emerging market corporate bond sector.
Q: Can this index predict market trends?
A: While not a definitive predictor, the index provides valuable insights into emerging market corporate credit conditions and investor sentiment.
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Citation
U.S. Federal Reserve, ICE BofA B & Lower Emerging Markets Corporate Plus Index Effective Yield [BAMLEM4BRRBLCRPIEY], retrieved from FRED.
Last Checked: 8/1/2025