ICE BofA Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst
BAMLEMCBPISYTW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.51
Year-over-Year Change
-3.50%
Date Range
10/22/2021 - 8/5/2025
Summary
The ICE BofA Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst tracks the lowest potential yield for corporate bonds in emerging markets. This metric provides critical insights into corporate debt risk and investment potential across 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 yield to worst (YTW) for corporate bonds in emerging markets, indicating the lowest potential return an investor might receive. Economists and investors use this metric to assess corporate debt risk, market conditions, and potential investment opportunities in developing economies.
Methodology
The index is calculated by Bank of America using a comprehensive analysis of corporate bond yields, considering potential scenarios that could result in the lowest possible return.
Historical Context
This trend is used by central banks, investment firms, and policymakers to evaluate corporate debt markets, assess economic risks, and make strategic investment and policy decisions.
Key Facts
- Measures lowest potential yield for emerging market corporate bonds
- Provides critical insight into corporate debt risk
- Helps investors assess potential returns in developing economies
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 but also carry higher risks compared to bonds from developed markets, making them attractive to investors seeking diversification.
Q: How often is this index updated?
A: The index is typically updated semi-annually, providing a periodic snapshot of corporate bond yields in emerging markets.
Q: Who uses this index?
A: Institutional investors, fund managers, economic researchers, and policymakers use this index to assess investment opportunities and economic conditions in emerging markets.
Q: What are the limitations of this index?
A: The index may not capture all market nuances and can be influenced by geopolitical events, currency fluctuations, and specific economic conditions in different emerging markets.
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Citation
U.S. Federal Reserve, ICE BofA Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMCBPISYTW], retrieved from FRED.
Last Checked: 8/1/2025