ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Option-Adjusted Spread
This dataset tracks ice bofa public sector issuers emerging markets corporate plus index option-adjusted spread over time.
Latest Value
1.34
Year-over-Year Change
-2.90%
Date Range
12/31/1998 - 8/6/2025
Summary
The ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Option-Adjusted Spread measures the credit risk premium for public sector corporate bonds in emerging markets. This metric provides crucial insights into the perceived financial health and risk levels of government-related corporate entities 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 spread between emerging market public sector corporate bonds and a benchmark risk-free rate, adjusted for embedded options. Economists and investors use this spread to assess credit risk, market sentiment, and potential investment opportunities in developing economies.
Methodology
The spread is calculated by comparing the yield of public sector corporate bonds in emerging markets to a risk-free benchmark, with statistical adjustments for potential embedded options.
Historical Context
Policymakers and financial analysts use this index to evaluate economic stability, investment risk, and potential financial vulnerabilities in emerging market public sectors.
Key Facts
- Measures credit risk premium for public sector corporate bonds in emerging markets
- Provides insights into perceived financial health of government-related corporate entities
- Used by investors to assess potential investment opportunities and market risks
FAQs
Q: What does this index indicate about emerging markets?
A: The index reflects the credit risk and market perception of public sector corporate bonds in emerging economies. A wider spread typically suggests higher perceived risk.
Q: How do investors use this spread?
A: Investors analyze this spread to make informed decisions about potential investments in emerging market public sector corporate bonds and assess overall market conditions.
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 profile, providing a more nuanced view of the bond's true risk.
Q: What makes this index valuable for economic analysis?
A: It provides a standardized measure of credit risk across different emerging markets, helping economists and policymakers understand global financial dynamics.
Q: How frequently is this index updated?
A: The index is typically updated regularly, often daily or weekly, to reflect current market conditions and changes in perceived risk.
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Citation
U.S. Federal Reserve, ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Option-Adjusted Spread [BAMLEMPBPUBSICRPIOAS], retrieved from FRED.
Last Checked: 8/1/2025