ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst

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

Latest Value

5.32

Year-over-Year Change

-5.17%

Date Range

10/22/2021 - 8/5/2025

Summary

The ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst tracks the yield performance of emerging market corporate bonds issued by public sector entities. This metric provides critical insights into the risk and return characteristics of government-linked 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 yield performance for emerging market corporate bonds with public sector connections. Economists and investors use it to assess the relative risk and potential returns in developing market corporate debt environments.

Methodology

The index is calculated semi-annually by Bank of America, analyzing yield-to-worst metrics for a curated basket of emerging market public sector corporate bonds.

Historical Context

Financial analysts and policymakers use this index to evaluate investment opportunities, assess emerging market economic health, and understand global fixed-income market dynamics.

Key Facts

  • Tracks yield performance of public sector corporate bonds in emerging markets
  • Calculated semi-annually by Bank of America
  • Provides insights into risk and return of government-linked corporate debt

FAQs

Q: What does 'Yield to Worst' mean?

A: Yield to Worst represents the lowest potential yield an investor can receive from a bond without the issuer defaulting, accounting for potential early redemption scenarios.

Q: Why are emerging market public sector bonds important?

A: These bonds offer potentially higher returns compared to developed markets, while being backed by government-linked entities that may have more stable financial structures.

Q: How frequently is this index updated?

A: The index is calculated semi-annually, providing periodic snapshots of emerging market corporate bond performance.

Q: Who typically uses this index?

A: Institutional investors, portfolio managers, economic researchers, and financial analysts use this index to make informed investment and economic analysis decisions.

Q: What are the limitations of this index?

A: The index focuses on public sector issuers and may not fully represent the entire emerging market corporate bond landscape, and past performance does not guarantee future results.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA Public Sector Issuers Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMPBPUBSICRPISYTW], retrieved from FRED.

Last Checked: 8/1/2025