ICE BofA US Emerging Markets Liquid Corporate Plus Index Effective Yield

BAMLEMCLLCRPIUSEY • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.69

Year-over-Year Change

-2.74%

Date Range

10/22/2021 - 8/5/2025

Summary

The ICE BofA US Emerging Markets Liquid Corporate Plus Index Effective Yield represents the average yield of liquid corporate bonds from emerging market issuers. This metric provides critical insight into the risk and return characteristics of emerging market corporate debt investments.

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 tracks the effective yield of investment-grade and high-yield corporate bonds from emerging market economies, offering a comprehensive view of corporate borrowing costs. Economists and investors use this metric to assess the financial health and risk profile of emerging market corporate sectors.

Methodology

The index is calculated by Bank of America Merrill Lynch using a weighted average of effective yields from eligible emerging market corporate bonds meeting specific liquidity and credit quality criteria.

Historical Context

Policymakers and investors use this index to evaluate emerging market financial conditions, assess global investment opportunities, and understand international corporate debt trends.

Key Facts

  • Tracks corporate bond yields across multiple emerging market economies
  • Includes both investment-grade and high-yield corporate debt instruments
  • Provides a comprehensive measure of emerging market corporate borrowing costs

FAQs

Q: What does this index measure?

A: The index measures the effective yield of liquid corporate bonds from emerging market issuers, representing their average borrowing costs.

Q: Why is this index important for investors?

A: It helps investors assess risk and potential returns in emerging market corporate debt, providing insights into global investment opportunities.

Q: How often is this index updated?

A: The index is typically updated regularly, reflecting current market conditions and changes in emerging market corporate bond yields.

Q: What economies are typically included in this index?

A: The index covers corporate bonds from various emerging market countries, including those in Asia, Latin America, Eastern Europe, and Africa.

Q: What are the limitations of this index?

A: The index may not capture all emerging market corporate bonds and can be influenced by market volatility and economic conditions.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA US Emerging Markets Liquid Corporate Plus Index Effective Yield [BAMLEMCLLCRPIUSEY], retrieved from FRED.

Last Checked: 8/1/2025