ICE BofA Crossover Emerging Markets Corporate Plus Index Effective Yield
This dataset tracks ice bofa crossover emerging markets corporate plus index effective yield over time.
Latest Value
5.67
Year-over-Year Change
-2.58%
Date Range
12/31/1998 - 8/5/2025
Summary
The ICE BofA Crossover Emerging Markets Corporate Plus Index Effective Yield tracks the average yield of corporate bonds in emerging markets with crossover credit ratings. This metric provides critical insights into the risk and return dynamics 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 credit ratings between investment grade and high yield. Economists and investors use it to assess the overall cost of corporate borrowing and the perceived financial health of emerging market corporate sectors.
Methodology
The index is calculated by Bank of America Merrill Lynch using a market-weighted approach that considers the effective yield of eligible corporate bonds in emerging markets.
Historical Context
Financial analysts and policymakers use this index to evaluate investment opportunities, assess emerging market corporate credit risk, and understand global capital market trends.
Key Facts
- Covers corporate bonds with crossover credit ratings
- Provides a weighted average effective yield metric
- Represents emerging market corporate debt performance
FAQs
Q: What does 'crossover' mean in this index?
A: Crossover refers to bonds with credit ratings between investment grade and high yield, representing intermediate credit risk.
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 is this index important for investors?
A: It provides a comprehensive view of corporate borrowing costs and credit risk in emerging markets, helping investors make informed decisions.
Q: What regions are typically included in this index?
A: The index covers corporate bonds from various emerging market regions, including Asia, Latin America, Eastern Europe, and Africa.
Q: How does this index differ from other bond indices?
A: Unlike broad market indices, this index specifically focuses on crossover-rated corporate bonds in emerging markets, offering a more specialized perspective.
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Citation
U.S. Federal Reserve, ICE BofA Crossover Emerging Markets Corporate Plus Index Effective Yield [BAMLEM5BCOCRPIEY], retrieved from FRED.
Last Checked: 8/1/2025