ICE BofA Non-Financial Emerging Markets Corporate Plus Index Effective Yield
This dataset tracks ice bofa non-financial emerging markets corporate plus index effective yield over time.
Latest Value
5.80
Year-over-Year Change
-1.19%
Date Range
12/31/1998 - 8/6/2025
Summary
The ICE BofA Non-Financial Emerging Markets Corporate Plus Index Effective Yield tracks the average yield of corporate bonds from non-financial companies in emerging markets. This metric provides critical insights into the borrowing costs and investment attractiveness 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 issued by non-financial companies in emerging market economies. Economists and investors use this metric to assess credit market conditions, risk perceptions, and potential investment opportunities in developing financial markets.
Methodology
The index is calculated by Bank of America Merrill Lynch using a comprehensive methodology that weights corporate bond yields based on market capitalization and specific inclusion criteria.
Historical Context
This trend is used by central banks, international financial institutions, and investment managers to evaluate emerging market corporate credit conditions and global investment strategies.
Key Facts
- Measures corporate bond yields for non-financial companies in emerging markets
- Provides insights into credit market conditions in developing economies
- Weighted by market capitalization for comprehensive representation
FAQs
Q: What does this index tell investors about emerging markets?
A: The index reveals the average borrowing costs for non-financial corporations in emerging markets, indicating overall credit market health and investment risk.
Q: How is this index different from similar financial indicators?
A: Unlike broader indices, this specifically focuses on non-financial corporate bonds in emerging markets, providing a targeted view of corporate credit conditions.
Q: How frequently is this index updated?
A: The index is typically updated daily, reflecting real-time changes in corporate bond yields across emerging markets.
Q: Why do policymakers care about this index?
A: It helps policymakers understand global capital flows, credit market dynamics, and potential economic risks in emerging market economies.
Q: What are the limitations of this index?
A: The index may not capture all market nuances and is limited to non-financial corporate bonds, potentially missing some broader economic signals.
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Citation
U.S. Federal Reserve, ICE BofA Non-Financial Emerging Markets Corporate Plus Index Effective Yield [BAMLEMNSNFCRPIEY], retrieved from FRED.
Last Checked: 8/1/2025