ICE BofA EMEA US Emerging Markets Liquid Corporate Plus Index Option-Adjusted Spread
BAMLEMELLCRPIEMEAUSOAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.64
Year-over-Year Change
-1.20%
Date Range
10/25/2021 - 8/6/2025
Summary
The ICE BofA EMEA US Emerging Markets Liquid Corporate Plus Index Option-Adjusted Spread measures the credit risk premium for emerging market corporate bonds in the United States. This metric provides crucial insights into market perception of credit risk and overall economic conditions for emerging market corporate debt.
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 market corporate bond yields and a benchmark risk-free rate, adjusted for embedded options. Economists and investors use this spread to assess the relative risk and potential returns of emerging market corporate debt investments.
Methodology
The spread is calculated by comparing the yield of a basket of emerging market corporate bonds to a benchmark Treasury rate, with statistical adjustments for potential option-related variations.
Historical Context
Financial analysts and policymakers use this index to evaluate global credit market conditions, investment risk, and potential economic pressures in emerging markets.
Key Facts
- Measures credit risk premium for emerging market corporate bonds
- Provides insights into global financial market conditions
- Helps investors assess potential risks and returns in emerging markets
FAQs
Q: What does this index indicate about market risk?
A: A wider spread suggests higher perceived credit risk in emerging market corporate bonds, while a narrower spread indicates lower perceived risk.
Q: How do changes in this index impact investment decisions?
A: Investors use this spread to compare relative risks and potential returns across different emerging market corporate bond portfolios.
Q: How is the option-adjustment calculated?
A: The option-adjustment accounts for potential embedded options in bonds that might affect their yield and risk characteristics.
Q: Why is this index important for global economic analysis?
A: It provides a comprehensive view of credit market conditions and investor sentiment towards emerging market corporate debt.
Q: How frequently is this index updated?
A: The index is typically updated regularly, with most data sources providing daily or weekly updates.
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Citation
U.S. Federal Reserve, ICE BofA EMEA US Emerging Markets Liquid Corporate Plus Index Option-Adjusted Spread [BAMLEMELLCRPIEMEAUSOAS], retrieved from FRED.
Last Checked: 8/1/2025