ICE BofA EMEA Emerging Markets Corporate Plus Index Option-Adjusted Spread

This dataset tracks ice bofa emea emerging markets corporate plus index option-adjusted spread over time.

Latest Value

1.50

Year-over-Year Change

-3.23%

Date Range

12/31/1998 - 8/11/2025

Summary

The ICE BofA EMEA Emerging Markets Corporate Plus Index Option-Adjusted Spread measures the credit risk premium for corporate bonds in emerging European, Middle Eastern, and African markets. This metric provides critical insights into regional corporate credit market conditions and investor risk perception.

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 corporate bond yields and a benchmark risk-free rate, adjusted for embedded options. Economists and investors use it to assess credit market health, potential investment risks, and overall economic stability in emerging regions.

Methodology

The spread is calculated by comparing corporate bond yields to a benchmark Treasury rate, with statistical adjustments made to account for potential embedded options in the bonds.

Historical Context

Financial analysts and policymakers use this index to evaluate credit market conditions, assess regional economic risks, and inform investment and monetary policy decisions.

Key Facts

  • Covers corporate bonds in European, Middle Eastern, and African emerging markets
  • Provides a standardized measure of credit risk and market perception
  • Helps investors assess potential investment risks in emerging regions

FAQs

Q: What does a widening spread indicate?

A: A widening spread typically suggests increasing perceived credit risk and potential economic challenges in the emerging markets.

Q: How often is this index updated?

A: The index is typically updated daily, reflecting real-time changes in corporate bond market conditions.

Q: Why are option-adjusted spreads important?

A: Option-adjusted spreads provide a more accurate representation of bond yields by accounting for potential embedded options that can affect bond pricing.

Q: How do investors use this index?

A: Investors use this index to compare credit risks across different emerging markets and make informed investment decisions.

Q: What regions are included in this index?

A: The index covers corporate bonds from emerging markets in Europe, the Middle East, and Africa (EMEA).

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Related Trends

Citation

U.S. Federal Reserve, ICE BofA EMEA Emerging Markets Corporate Plus Index Option-Adjusted Spread [BAMLEMRECRPIEMEAOAS], retrieved from FRED.

Last Checked: 8/1/2025