ICE BofA Latin America US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst

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

Latest Value

6.79

Year-over-Year Change

-1.31%

Date Range

10/22/2021 - 8/5/2025

Summary

The ICE BofA Latin America US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst tracks the yield performance of liquid corporate bonds from Latin American emerging markets. 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 a comprehensive measure of corporate bond yields across Latin American emerging markets, capturing the potential lowest yield an investor might receive. Economists and investors use this indicator to assess credit risk, market sentiment, and investment potential in these dynamic economic regions.

Methodology

The index is calculated by Bank of America using a complex methodology that considers liquidity, credit ratings, and potential worst-case yield scenarios for corporate bonds.

Historical Context

Financial analysts and policymakers use this index to evaluate investment risks, economic stability, and potential capital flows in Latin American emerging markets.

Key Facts

  • Measures yield performance of liquid corporate bonds in Latin American markets
  • Provides insights into credit risk and market conditions
  • Helps investors assess potential returns in emerging 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 without the issuer defaulting, accounting for potential early redemption scenarios.

Q: Why are emerging market corporate bonds important?

A: Emerging market corporate bonds offer potentially higher returns compared to developed markets, but also come with increased risk and volatility.

Q: How often is this index updated?

A: The index is typically updated semi-annually, providing a periodic snapshot of corporate bond performance in Latin American markets.

Q: Who uses this index?

A: Institutional investors, financial analysts, economists, and policymakers use this index to assess investment opportunities and economic conditions in Latin America.

Q: What are the limitations of this index?

A: The index focuses on liquid corporate bonds and may not capture the entire spectrum of corporate debt, and its performance can be influenced by regional economic and political factors.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA Latin America US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMLLLCRPILAUSSYTW], retrieved from FRED.

Last Checked: 8/1/2025