ICE BofA Euro Emerging Markets Corporate Plus Index Option-Adjusted Spread
BAMLEMEBCRPIEOAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.41
Year-over-Year Change
-10.76%
Date Range
10/25/2021 - 8/6/2025
Summary
The ICE BofA Euro Emerging Markets Corporate Plus Index Option-Adjusted Spread measures the credit risk premium for corporate bonds in emerging European markets. This metric provides critical insights into the perceived financial health and investment risk of corporate debt across developing European 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 spread between emerging European corporate bond yields and a benchmark risk-free rate, adjusted for embedded options. Economists and investors use this spread to assess credit market conditions, investor sentiment, and potential economic stress in emerging markets.
Methodology
The spread is calculated by comparing the yield of emerging European corporate bonds to a risk-free benchmark, with statistical adjustments made for potential option-related variations.
Historical Context
Financial analysts and policymakers use this index to evaluate credit market dynamics, assess investment risks, and monitor economic conditions in emerging European markets.
Key Facts
- Measures credit risk premium for European emerging market corporate bonds
- Provides insights into market perception of corporate financial health
- Helps investors assess potential investment risks in developing markets
FAQs
Q: What does this index indicate about market conditions?
A: A widening spread suggests increased perceived risk, while a narrowing spread indicates improved market confidence and lower credit risk.
Q: How do investors use this index?
A: Investors analyze this spread to make informed decisions about potential investments in emerging European corporate bonds and assess overall market sentiment.
Q: What factors can influence this spread?
A: Economic conditions, political stability, corporate performance, and global financial market trends can significantly impact the option-adjusted spread.
Q: How frequently is this index updated?
A: The index is typically updated regularly, often daily or weekly, providing near real-time insights into market conditions.
Q: Are there limitations to this index?
A: The index represents a specific subset of emerging European corporate bonds and may not capture the entire market's complexity or individual company variations.
Related Trends
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BAMLEMHBHYCRPIEY
35-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB35YR
33-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB33YR
92-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB92YR
47-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB47YR
ICE BofA EMEA Emerging Markets Corporate Plus Index Effective Yield
BAMLEMRECRPIEMEAEY
Citation
U.S. Federal Reserve, ICE BofA Euro Emerging Markets Corporate Plus Index Option-Adjusted Spread [BAMLEMEBCRPIEOAS], retrieved from FRED.
Last Checked: 8/1/2025