ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Effective Yield
BAMLEMNFNFLCRPIUSEY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.20
Year-over-Year Change
-2.05%
Date Range
10/22/2021 - 8/5/2025
Summary
The ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Effective Yield tracks the average yield of corporate bonds from emerging market non-financial sectors. 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 the weighted average effective yield of liquid corporate bonds issued by non-financial companies in emerging markets. Economists and investors use it to assess credit market conditions, investment attractiveness, and potential economic risks in developing economies.
Methodology
The index is calculated by Bank of America Merrill Lynch using a market-value weighted approach for eligible corporate bonds meeting specific liquidity and credit quality criteria.
Historical Context
Financial analysts and policymakers use this yield metric to evaluate emerging market corporate debt performance and assess global investment opportunities.
Key Facts
- Measures non-financial corporate bond yields in emerging markets
- Provides insight into credit market conditions and investment risk
- Reflects broader economic trends in developing economies
FAQs
Q: What does this index indicate about emerging market investments?
A: The index reveals the average yield and potential returns for corporate bonds in emerging markets, helping investors assess risk and investment attractiveness.
Q: How frequently is this index updated?
A: The index is typically updated daily, reflecting real-time changes in corporate bond yields across emerging markets.
Q: Why are non-financial corporate bonds important?
A: Non-financial corporate bonds represent a key financing mechanism for companies in emerging markets, providing insights into economic development and corporate financial health.
Q: How do changes in this index impact investment strategies?
A: Fluctuations in the index can signal shifts in emerging market economic conditions, influencing global investment allocation and risk assessment.
Q: What limitations exist in this index?
A: The index covers only liquid, non-financial corporate bonds, which means it may not represent the entire emerging market corporate debt landscape.
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Citation
U.S. Federal Reserve, ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Effective Yield [BAMLEMNFNFLCRPIUSEY], retrieved from FRED.
Last Checked: 8/1/2025