ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst
BAMLEMNFNFLCRPIUSSYTW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.21
Year-over-Year Change
-2.05%
Date Range
10/22/2021 - 8/5/2025
Summary
The ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst measures the potential lowest yield of corporate bonds in emerging markets. This metric provides critical insights into corporate bond market risk and potential returns for investors targeting emerging market 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 yield-to-worst for non-financial corporate bonds in emerging markets, indicating the lowest potential yield an investor might receive. Economists and investors use this metric to assess corporate bond market conditions, risk levels, and potential investment opportunities in emerging economies.
Methodology
The index is calculated by Bank of America using a comprehensive methodology that evaluates liquid corporate bonds in emerging markets, considering various potential scenarios that could result in the lowest possible yield.
Historical Context
This trend is used by central banks, investment firms, and policymakers to understand corporate bond market dynamics and assess economic conditions in emerging markets.
Key Facts
- Measures potential lowest yield for non-financial corporate bonds in emerging markets
- Provides insights into corporate bond market risk and returns
- Used by investors and economists to assess emerging market financial conditions
FAQs
Q: What does 'Yield to Worst' mean?
A: Yield to Worst represents the lowest potential yield an investor might receive from a bond, considering all possible scenarios of early redemption or call options.
Q: Why are emerging market corporate bonds important?
A: Emerging market corporate bonds offer potentially higher returns compared to developed markets, but also come with increased risk and volatility.
Q: How often is this index updated?
A: The index is typically updated semi-annually, providing a periodic snapshot of emerging market corporate bond conditions.
Q: Who uses this index?
A: Investment managers, financial analysts, central banks, and institutional investors use this index to make informed decisions about emerging market investments.
Q: What are the limitations of this index?
A: The index focuses on liquid corporate bonds and may not capture the entire spectrum of emerging market debt, potentially missing less liquid or smaller market segments.
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Citation
U.S. Federal Reserve, ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMNFNFLCRPIUSSYTW], retrieved from FRED.
Last Checked: 8/1/2025