ICE BofA Non-Financial Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst
This dataset tracks ice bofa non-financial emerging markets corporate plus index semi-annual yield to worst over time.
Latest Value
5.81
Year-over-Year Change
-1.36%
Date Range
12/31/1998 - 8/6/2025
Summary
The ICE BofA Non-Financial Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst tracks the yield performance of corporate bonds from emerging market non-financial sectors. This metric provides critical insights into the risk and return characteristics 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 lowest potential yield that can be received on a bond without the issuer defaulting, specifically for non-financial corporate bonds in emerging markets. Economists and investors use this metric to assess credit risk, market sentiment, and potential investment opportunities in developing economies.
Methodology
The yield is calculated by analyzing the lowest potential yield of bonds in the index, considering potential call dates and market conditions.
Historical Context
This index is used by central banks, investment firms, and policymakers to evaluate emerging market corporate debt risk and potential economic stability.
Key Facts
- Focuses specifically on non-financial corporate bonds in emerging markets
- Provides a conservative yield estimate considering potential market scenarios
- Helps investors assess risk in developing economic environments
FAQs
Q: What does 'Yield to Worst' mean?
A: Yield to Worst represents the lowest potential yield an investor can receive from a bond without the issuer defaulting, accounting for potential early redemption scenarios.
Q: Why are emerging market corporate bonds important?
A: They offer potentially higher returns compared to developed markets, but also carry higher risk due to economic and political uncertainties in developing countries.
Q: How often is this index updated?
A: The index is typically updated semi-annually, providing a periodic snapshot of corporate bond performance in emerging markets.
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 may not capture all market nuances and can be influenced by specific economic events, currency fluctuations, and regional variations.
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Citation
U.S. Federal Reserve, ICE BofA Non-Financial Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMNSNFCRPISYTW], retrieved from FRED.
Last Checked: 8/1/2025