Source: Ice Data Indices, LLC
Release: ICE BofA Indices
Due to a possibility of erroneous data, this series has been temporarily suspended.
This data represents the Option-Adjusted Spread (OAS) for the ICE BofA Private Sector US Emerging Markets Liquid Corporate Plus Index is a subset of the ICE BofA Emerging Markets Liquid Corporate Plus Index, which includes all corporate securities except for the debt of corporate issuers designated as government owned or controlled by ICE BofA emerging markets credit research. The same inclusion rules apply for this series as those that apply for ICE BofA Emerging Markets Liquid Corporate Plus Index.
The ICE BofA OASs are the calculated spreads between a computed OAS index of all bonds in a given rating category and a spot Treasury curve. An OAS index is constructed using each constituent bond's OAS, weighted by market capitalization. When the last calendar day of the month takes place on the weekend, weekend observations will occur as a result of month ending accrued interest adjustments.
The index data referenced herein is the property of ICE Data Indices, LLC, its affiliates, ("ICE") and/or its Third Party Suppliers and has been licensed for use by the Federal Reserve Bank of St. Louis. ICE, its affiliates and Third Party Suppliers accept no liability in connection with its use.
Copyright, 2017, ICE Benchmark Administration. Reprinted with permission.
Ice Data Indices, LLC, ICE BofA Private Sector Issuers US Emerging Markets Liquid Corporate Plus Index Option-Adjusted Spread [BAMLEMPVPRIVSLCRPIUSOAS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAMLEMPVPRIVSLCRPIUSOAS, March 30, 2023.