FRED Economic Data | St. Louis Fed

BofA Merrill Lynch Crossover US Emerging Markets Liquid Corporate Plus Sub-Index Option-Adjusted Spread© (BAMLEMXOCOLCRPIUSOAS)

Source(s): BofA Merrill Lynch
Release: BofA Merrill Lynch (Not a Press Release)  

Description of growth rate formulas  
 
to
Seasonal
Adjustment:
Not Seasonally Adjusted 
Notes: This data represents the Option-Adjusted Spread (OAS) for the BofA Merrill Lynch Crossover US Emerging Markets Liquid Corporate Plus Index is the subset of the BofA Merrill Lynch Emerging Markets Liquid Corporate Plus Index, which includes only securities rated BBB1 through BB3. The same inclusion rules apply for this series as those that apply for BofA Merrill Lynch Emerging Markets Liquid Corporate Plus Index (http://research.stlouisfed.org/fred2/series/BAMLEMCLLCRPIUSTRIV?cid=32413).

The BofA Merrill Lynch 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.

Source BofA Merrill Lynch, used with permission. BOFA MERRILL LYNCH IS LICENSING THE BOFA MERRILL LYNCH INDICES “AS IS,” MAKES NO WARRANTIES REGARDING THE SAME , DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/ OR COMPLETENESS OF THE BOFA MERRILL LYNCH INDICIES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THEIR USE, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND, [FRBSL], OR ANY OF ITS PRODUCTS OR SERVICES.

Copyright, 2014, Bank of America Corporation. Reprinted with permission. 
Updated: 2014-09-19 8:01 AM CDT 

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