MVIS EM Sovereign Bond (USD&EUR) Index
The MVIS EM Sovereign Bond (USD&EUR) Index (MVEMSD) tracks the performance of emerging markets sovereign bonds denominated in USD or EUR. MVEMSD is a modified market cap-weighted index, and is is derived from the MVIS EM Aggregate Bond Index (MVEMAG), which tracks the performance of emerging markets sovereign bonds and corporate bonds denominated in USD, EUR, or local emerging markets currencies. To be included in the MVEMAG index, bonds must be issued by either an emerging markets sovereign, or quasi-sovereign issuer or a corporate issuer whose primary country of risk is deemed to be an emerging market country.
The tables below show fundamental data of the MVIS Bond Index.
Descriptive values are updated on a daily basis. The chart shows historical values on a monthly basis.
|Average Yield to Maturity||3.41 |
|Average Modified Duration||8.72 |
|Average Years to Maturity||13.30 |
|Average Coupon||4.60 |
|Yield to Worst||3.40 |
|Current Yield||4.24 |
Rating and Maturity Breakdown
The tables below show Bloomberg Composite Rating
breakdown and Maturity breakdown of the index components.
The data are updated on a daily basis.
|High Yield||321 ||37.64% |
|Investment Grade||343 ||55.75% |
|Not Rated||54 ||6.60% |
|0 - 3 Years||102 ||11.01% |
|3 - 5 Years||115 ||14.38% |
|5 - 7 Years||94 ||13.11% |
|7 - 10 Years||134 ||18.57% |
|10 - 15 Years||71 ||9.47% |
|15 - 20 Years||40 ||5.86% |
|20+ Years||162 ||27.60% |