ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Effective Yield
This dataset tracks ice bofa b & lower us emerging markets liquid corporate plus index effective yield over time.
Latest Value
8.70
Year-over-Year Change
-4.92%
Date Range
12/31/2003 - 8/5/2025
Summary
This index tracks the effective yield of B-rated and lower-rated corporate bonds in emerging markets, providing insight into the risk and return characteristics of lower-quality corporate debt. It serves as a critical indicator of credit market conditions and investor sentiment in emerging market corporate securities.
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 the weighted average yield of corporate bonds with lower credit ratings in emerging markets, reflecting the risk premium demanded by investors for holding these securities. Economists and investors use this metric to assess credit market stress, investment risk, and potential economic challenges in emerging markets.
Methodology
The index is calculated by ICE BofA using a market-value weighted approach, aggregating the effective yields of qualifying corporate bonds in emerging markets.
Historical Context
This index is used by central banks, investment managers, and economic policymakers to evaluate credit market conditions and potential economic risks in emerging markets.
Key Facts
- Focuses on B-rated and lower corporate bonds in emerging markets
- Provides insight into credit market risk and investor sentiment
- Weighted by market value of underlying bonds
FAQs
Q: What does this index measure?
A: The index measures the effective yield of lower-rated corporate bonds in emerging markets, indicating the risk premium for these securities.
Q: Why is this index important for investors?
A: It helps investors assess credit market conditions, potential risks, and investment opportunities in emerging market corporate debt.
Q: How is the index calculated?
A: The index uses a market-value weighted approach, aggregating the yields of qualifying B-rated and lower corporate bonds in emerging markets.
Q: What can high yields on this index indicate?
A: High yields typically suggest increased perceived risk in emerging market corporate bonds, potentially signaling economic challenges or market stress.
Q: How frequently is this index updated?
A: The index is typically updated regularly, reflecting current market conditions and changes in bond yields.
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Citation
U.S. Federal Reserve, ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Effective Yield [BAMLEM4RBLLCRPIUSEY], retrieved from FRED.
Last Checked: 8/1/2025