ICE BofA High Grade Emerging Markets Corporate Plus Index Effective Yield
This dataset tracks ice bofa high grade emerging markets corporate plus index effective yield over time.
Latest Value
4.76
Year-over-Year Change
-1.86%
Date Range
12/31/1998 - 8/7/2025
Summary
The ICE BofA High Grade Emerging Markets Corporate Plus Index Effective Yield measures the average yield of high-quality corporate bonds from emerging market economies. This metric provides critical insight into the borrowing costs and investment attractiveness of 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 tracks the effective yield of investment-grade corporate bonds issued by companies in emerging markets, reflecting their credit quality and market risk perception. Economists and investors use this trend to assess the financial health and economic stability of developing economies.
Methodology
The index is calculated by Bank of America Merrill Lynch using a weighted average of yields from high-grade corporate bonds issued in emerging markets.
Historical Context
Policymakers and international investors use this yield trend to evaluate emerging market investment opportunities and assess global economic risk.
Key Facts
- Represents high-grade corporate bonds from emerging economies
- Provides insight into borrowing costs and market risk
- Weighted average calculation reflects comprehensive market conditions
FAQs
Q: What does this index indicate about emerging markets?
A: The index reveals the average yield of high-quality corporate bonds, signaling the investment risk and economic health of emerging markets.
Q: How do changes in this yield affect investors?
A: Rising yields suggest increased risk, while declining yields indicate improved market confidence and potentially lower borrowing costs.
Q: What makes a bond 'high-grade' in this index?
A: High-grade bonds have strong credit ratings, typically BBB- or higher, indicating lower default risk and higher financial stability.
Q: How do global economic events impact this index?
A: Geopolitical events, monetary policies, and international economic shifts can significantly influence the effective yield of emerging market corporate bonds.
Q: How frequently is this index updated?
A: The index is typically updated daily, reflecting real-time changes in emerging market corporate bond yields.
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Citation
U.S. Federal Reserve, ICE BofA High Grade Emerging Markets Corporate Plus Index Effective Yield [BAMLEMIBHGCRPIEY], retrieved from FRED.
Last Checked: 8/1/2025