Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) WeeklyBondEL SALVADOR REPUBLIC RegS 35MONGOLIA (GOVERNMENT) RegS 22BANCO NACIONAL DE DESENVOLVIMENTO RegS 19PETROLEOS DE VENEZUELA SA RegS 24
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners) BondPETROLEOS DE VENEZUELA SA MTN RegS 21VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 19PETROLEOS DE VENEZUELA SA RegS 20
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers) BondODEBRECHT FINANCE LTD RegS 25DIGICEL LTD RegS 21DIGICEL GROUP LTD RegS 20BHARTI AIRTEL INTERNATIONAL NETHER RegS 23
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) WeeklyBondKAZKOMMERTSBANK JSC RegS 22PETROLEOS DE VENEZUELA SA RegS 22PETROLEOS DE VENEZUELA SA MTN RegS 21ODEBRECHT DRILL VIII/IX RegS 21
Country Average Sovereign Yield Change USD Eurobonds Weekly CountryEl SalvadorMongoliaEthiopiaSri LankaMorocco
Country Average Corporate Yield Change USD Eurobonds Weekly CountryJamaicaMoroccoPhilippinesTrinidad and TobagoTaiwan
Top 30 GEM Souvereign Eurobonds by Yield NameVENEZUELA (BOLVARIAN REPUBLIC OF) RegSPETROLEOS DE VENEZUELA SA MTN RegSPETROLEOS DE VENEZUELA SA RegS
Top 30 GEM Corporate Eurobonds by YieldNameODEBRECHT DRILL VIII/IX RegSPETROLEOS DE VENEZUELA SA MTN RegSPETROLEOS DE VENEZUELA SA RegS
Top 30 GEM Local (reasonably rated) Currency Bonds by YieldNameBRAZIL FEDERATIVE REPUBLIC OF (GOVTURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)
Big Country Table - Stance, Ratings and DatamineTop 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) WeeklyBondPORTUGAL (REPUBLIC OF) 25PORTUGAL (REPUBLIC OF) 26ITALY (REPUBLIC OF) 27ITALY (REPUBLIC OF) 26
Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) WeeklyBondPORTUGAL (REPUBLIC OF) 19PORTUGAL (REPUBLIC OF) 18AUSTRALIA (COMMONWEALTH OF) 19AUSTRALIA (COMMONWEALTH OF) 18
Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)BondCountryYieldYield Change %ptsGRUPO ISOLUX CORSAN SA 21Spain86.1010.30GRUPO ISOLUX CORSAN SA 21Spain21.516.61CLAIRES STORES INC 144A 19United States52.072.17AVAYA INC 144A 21United States71.001.50TRU TAJ LLC 144A 21United States15.941.34
Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)BondCountryYieldYield Change %ptsAVAYA INC 144A 19United States--15.30IHEARTCOMMUNICATIONS INC 18United States40.25-9.45PACIFIC DRILLING SA 144A 20United States29.13-9.27BANCA MONTE DEI PASCHI DI SIENA SP MTN RegS 20Italy30.07-1.53INTELSAT JACKSON HOLDINGS SA 19Luxembourg16.33-1.27
Top 30 DM Souvereign Eurobonds by Yield NameISINcountryMaturityCouponYTWPORTUGAL (REPUBLIC OF)PTOTEBOE0020PortugalFeb 15, 20454.104.53PORTUGAL (REPUBLIC OF)PTOTE5OE0007PortugalApr 15, 20374.104.27PORTUGAL (REPUBLIC OF)PTOTEROE0014PortugalFeb 15, 20303.884.08
Top 30 DM Corporate Eurobonds by Yield NameISINcountryMaturityCouponYTWGRUPO ISOLUX CORSAN SAXS1542318388SpainDec 30, 20210.2586.10AVAYA INC 144AUS053499AJ89United StatesMar 1, 202110.5071.00CLAIRES STORES INC 144AUS179584AM91United StatesMar 15, 20199.0052.07
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
| Bond | Country | Yield | Yield Change % pts |
| EL SALVADOR REPUBLIC RegS 35 | El Salvador | 9.06 | 0.76 |
| MONGOLIA (GOVERNMENT) RegS 22 | Mongolia | 7.94 | 0.59 |
| BANCO NACIONAL DE DESENVOLVIMENTO RegS 19 | Brazil | 3.95 | 0.39 |
| PETROLEOS DE VENEZUELA SA RegS 24 | Venezuela | 25.48 | 0.31 |
| SRI LANKA DEMOCRATIC SOCIALIST (RE RegS 20 | Sri Lanka | 5.17 | 0.29 |
| SRI LANKA DEMOCRATIC SOCIALIST (RE RegS 22 | Sri Lanka | 5.77 | 0.29 |
| ETHIOPIA FEDERAL DEMOCRATIC REPUB RegS 24 | Ethiopia | 8.38 | 0.28 |
| PHILIPPINES (REPUBLIC OF) 30 | Philippines | 3.88 | 0.26 |
| UKRAINE (GOVERNMENT OF) RegS 22 | Ukraine | 8.52 | 0.25 |
| UKRAINE (GOVERNMENT OF) RegS 23 | Ukraine | 8.60 | 0.23 |
| PHILIPPINES (REPUBLIC OF) 21 | Philippines | 2.43 | 0.23 |
| PHILIPPINES (REPUBLIC OF) 26 | Philippines | 3.26 | 0.23 |
| UKRAINE (GOVERNMENT OF) RegS 21 | Ukraine | 8.44 | 0.22 |
| PHILIPPINES (REPUBLIC OF) 24 | Philippines | 3.06 | 0.22 |
| MOROCCO (KINGDOM OF) RegS 22 | Morocco | 3.77 | 0.21 |
| SRI LANKA DEMOCRATIC SOCIALIST (RE RegS 21 | Sri Lanka | 5.52 | 0.21 |
| SRI LANKA (DEMOCRATIC SOCIALIST RE RegS 26 | Sri Lanka | 6.76 | 0.20 |
| POWER SECTOR ASSETS AND LIABILITIE RegS 24 | Philippines | 3.49 | 0.20 |
| PHILIPPINES (REPUBLIC OF) 31 | Philippines | 3.87 | 0.19 |
| UKRAINE (GOVERNMENT OF) RegS 26 | Ukraine | 8.71 | 0.19 |
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
| Bond | Country | Yield | Yield Change %pts |
| PETROLEOS DE VENEZUELA SA MTN RegS 21 | Venezuela | 27.60 | -1.76 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20 | Venezuela | 26.44 | -1.73 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 19 | Venezuela | 30.22 | -1.42 |
| PETROLEOS DE VENEZUELA SA RegS 20 | Venezuela | 20.52 | -1.25 |
| PETROLEOS DE VENEZUELA SA RegS 22 | Venezuela | 27.24 | -1.14 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 23 | Venezuela | 25.01 | -1.03 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS 22 | Venezuela | 26.13 | -1.01 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) RegS 24 | Venezuela | 22.90 | -0.82 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 25 | Venezuela | 21.68 | -0.61 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS 31 | Venezuela | 21.11 | -0.53 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) 34 | Venezuela | 19.79 | -0.49 |
| PETROLEOS MEXICANOS 45 | Mexico | 7.12 | -0.41 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS 22 | Ecuador | 7.98 | -0.37 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS 26 | Venezuela | 21.98 | -0.37 |
| PETROLEOS DE VENEZUELA SA RegS 35 | Venezuela | 19.86 | -0.37 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS 20 | Ecuador | 7.42 | -0.36 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) 27 | Venezuela | 19.83 | -0.36 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 38 | Venezuela | 16.21 | -0.34 |
| DOMINICAN REPUBLIC RegS 21 | Dominican Republic | 4.42 | -0.33 |
| PETROLEOS MEXICANOS 41 | Mexico | 7.15 | -0.32 |
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
| Bond | Country | Yield | Yield Change %pts |
| ODEBRECHT FINANCE LTD RegS 25 | Brazil | 16.88 | 1.86 |
| DIGICEL LTD RegS 21 | Jamaica | 7.91 | 0.52 |
| DIGICEL GROUP LTD RegS 20 | Jamaica | 12.22 | 0.38 |
| BHARTI AIRTEL INTERNATIONAL NETHER RegS 23 | India | 4.27 | 0.28 |
| PETROLEOS DE VENEZUELA SA RegS 26 | Venezuela | 21.78 | 0.26 |
| AGILE PROPERTY HOLDINGS LTD RegS 20 | China | 6.27 | 0.20 |
| ECOPETROL SA 26 | Colombia | 5.41 | 0.17 |
| TEVA PHARMACEUTICAL FINANCE NETHER 26 | Israel | 4.30 | 0.15 |
| OCP SA RegS 24 | Morocco | 4.96 | 0.14 |
| INDUSTRIAL AND COMMERCIAL BANK OF MTN RegS 19 | China | 2.29 | 0.14 |
| MAJAPAHIT HOLDING BV RegS 20 | Indonesia | 3.48 | 0.14 |
| BANCO DE CREDITO DEL PERU RegS 20 | Peru | 2.96 | 0.14 |
| RAS LAFFAN LNG III RegS 27 | Qatar | 4.01 | 0.13 |
| PETROLEOS DE VENEZUELA SA RegS 24 | Venezuela | 25.33 | 0.13 |
| DP WORLD LTD MTN RegS 37 | United Arab Emirates | 6.02 | 0.13 |
| SINO-OCEAN LAND TREASURE FINANCE I RegS 27 | China | 5.63 | 0.12 |
| POWER SECTOR ASSETS AND LIABILITIE RegS 24 | Philippines | 3.41 | 0.12 |
| PETRONAS CAPITAL LTD. MTN RegS 25 | Malaysia | 3.44 | 0.11 |
| CNOOC FINANCE (2012) LTD RegS 42 | China | 4.66 | 0.11 |
| PERUSAHAAN GAS NEGARA TBK PT RegS 24 | Indonesia | 4.52 | 0.11 |
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
| Bond | Country | Yield | Yield Change %pts |
| KAZKOMMERTSBANK JSC RegS 22 | Kazakhstan | 8.72 | -2.25 |
| PETROLEOS DE VENEZUELA SA RegS 22 | Venezuela | 26.85 | -1.54 |
| PETROLEOS DE VENEZUELA SA MTN RegS 21 | Venezuela | 27.60 | -1.25 |
| ODEBRECHT DRILL VIII/IX RegS 21 | Brazil | 38.63 | -0.87 |
| BANCO BTG PACTUAL SA (CAYMAN ISLA MTN RegS 20 | Brazil | 5.28 | -0.75 |
| PETROLEOS DE VENEZUELA SA RegS 20 | Venezuela | 20.45 | -0.74 |
| VEDANTA RESOURCES PLC RegS 19 | India | 4.75 | -0.59 |
| RIO OIL FINANCE TRUST RegS 24 | Brazil | 9.72 | -0.51 |
| PETROLEOS DE VENEZUELA SA RegS 35 | Venezuela | 19.80 | -0.43 |
| PETROLEOS MEXICANOS 45 | Mexico | 7.12 | -0.40 |
| PETROLEOS MEXICANOS 24 | Mexico | 5.32 | -0.38 |
| GERDAU HOLDINGS INC RegS 20 | Brazil | 3.91 | -0.36 |
| BANCO DO BRASIL SA (GRAND CAYMAN B RegS 21 | Brazil | 4.62 | -0.34 |
| PETROLEOS MEXICANOS MTN 20 | Mexico | 3.78 | -0.34 |
| PETROBRAS GLOBAL FINANCE BV 26 | Brazil | 6.94 | -0.32 |
| PETROLEOS MEXICANOS 41 | Mexico | 7.15 | -0.32 |
| PETROLEOS MEXICANOS MTN 26 | Mexico | 5.80 | -0.32 |
| PETROBRAS GLOBAL FINANCE BV 23 | Brazil | 5.81 | -0.30 |
| PETROLEOS MEXICANOS 46 | Mexico | 7.04 | -0.29 |
| VEDANTA RESOURCES PLC RegS 21 | India | 5.92 | -0.27 |
Country Average Sovereign Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
| El Salvador | 9.06 | 0.76 |
| Mongolia | 7.94 | 0.59 |
| Ethiopia | 8.38 | 0.28 |
| Sri Lanka | 5.99 | 0.24 |
| Morocco | 3.77 | 0.21 |
| Philippines | 3.35 | 0.19 |
| Ukraine | 8.47 | 0.16 |
| Tunisia | 6.65 | 0.13 |
| Romania | 4.03 | 0.10 |
| Paraguay | 6.01 | 0.10 |
| Vietnam | 4.73 | 0.09 |
| Costa Rica | 6.75 | 0.08 |
| Iraq | 9.15 | 0.07 |
| India | 4.14 | 0.07 |
| Indonesia | 4.42 | 0.06 |
| Hungary | 3.68 | 0.05 |
| Ghana | 8.45 | 0.05 |
| Oman | 4.78 | 0.05 |
| Peru | 4.11 | 0.05 |
| Trinidad and Tobago | 4.63 | 0.05 |
| Pakistan | 4.92 | 0.04 |
| Kazakhstan | 4.69 | 0.04 |
| Uruguay | 4.65 | 0.04 |
| Serbia | 4.11 | 0.04 |
| Lithuania | 2.90 | 0.02 |
| Jordan | 6.44 | 0.02 |
| Poland | 3.05 | 0.02 |
| China | 3.12 | 0.00 |
| Malaysia | 3.63 | 0.00 |
| United States | 0.78 | 0.00 |
| Colombia | 4.19 | -0.01 |
| South Africa | 4.92 | -0.01 |
| Slovak Republic | 2.65 | -0.01 |
| Angola | 10.17 | -0.02 |
| Panama | 3.66 | -0.02 |
| Lebanon | 6.46 | -0.02 |
| Croatia (Hrvatska) | 3.95 | -0.03 |
| Kenya | 7.38 | -0.03 |
| Argentina | 6.77 | -0.03 |
| Gabon | 7.86 | -0.04 |
| Egypt | 6.15 | -0.05 |
| Azerbaijan | 5.24 | -0.05 |
| Russian Federation | 4.25 | -0.06 |
| Brazil | 5.17 | -0.08 |
| Zambia | 8.99 | -0.10 |
| Jamaica | 6.17 | -0.10 |
| Chile | 3.34 | -0.11 |
| Dominican Republic | 5.88 | -0.12 |
| Turkey | 5.71 | -0.13 |
| Mexico | 4.92 | -0.17 |
| Cote D'Ivoire (Ivory Coast) | 6.78 | -0.17 |
| Ecuador | 7.90 | -0.32 |
| Venezuela | 22.48 | -0.65 |
Country Average Corporate Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
| Jamaica | 10.07 | 0.45 |
| Morocco | 5.02 | 0.13 |
| Philippines | 3.41 | 0.12 |
| Trinidad and Tobago | 6.54 | 0.10 |
| Taiwan | 3.97 | 0.08 |
| Indonesia | 4.67 | 0.07 |
| Malaysia | 3.30 | 0.04 |
| Peru | 4.03 | 0.04 |
| Israel | 3.89 | 0.04 |
| Qatar | 3.31 | 0.02 |
| China | 3.69 | 0.02 |
| United Arab Emirates | 3.44 | 0.01 |
| Oman | 5.24 | 0.01 |
| Colombia | 4.96 | 0.01 |
| United States | 0.78 | 0.00 |
| Korea (South) | 2.86 | 0.00 |
| Panama | 5.13 | -0.01 |
| Azerbaijan | 5.52 | -0.02 |
| Thailand | 3.30 | -0.04 |
| India | 3.90 | -0.05 |
| Kuwait | 4.36 | -0.05 |
| Russian Federation | 4.23 | -0.05 |
| Chile | 4.02 | -0.07 |
| South Africa | 5.12 | -0.07 |
| Brazil | 6.36 | -0.12 |
| Mexico | 5.01 | -0.12 |
| Argentina | 6.15 | -0.14 |
| Turkey | 6.08 | -0.14 |
| Kazakhstan | 5.26 | -0.41 |
| Venezuela | 22.05 | -0.42 |
Top 30 GEM Souvereign Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AN08 | Venezuela | Oct 13, 2019 | 7.75 | 30.22 |
| PETROLEOS DE VENEZUELA SA MTN RegS | USP7807HAP03 | Venezuela | Nov 17, 2021 | 9.00 | 27.60 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAM71 | Venezuela | Feb 17, 2022 | 12.75 | 27.24 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AG56 | Venezuela | Dec 9, 2020 | 6.00 | 26.44 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AC16 | Venezuela | Aug 23, 2022 | 12.75 | 26.13 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAT25 | Venezuela | May 16, 2024 | 6.00 | 25.48 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP17625AA59 | Venezuela | May 7, 2023 | 9.00 | 25.01 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) RegS | USP97475AP55 | Venezuela | Oct 13, 2024 | 8.25 | 22.90 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AE71 | Venezuela | Oct 21, 2026 | 11.75 | 21.98 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | XS0217249126 | Venezuela | Apr 21, 2025 | 7.65 | 21.68 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAR68 | Venezuela | Nov 15, 2026 | 6.00 | 21.65 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP17625AB33 | Venezuela | May 7, 2028 | 9.25 | 21.25 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AD98 | Venezuela | Aug 5, 2031 | 11.95 | 21.11 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAV70 | Venezuela | Oct 27, 2020 | 8.50 | 20.52 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAQ85 | Venezuela | May 17, 2035 | 9.75 | 19.86 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) | US922646AS37 | Venezuela | Sep 15, 2027 | 9.25 | 19.83 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) | US922646BL74 | Venezuela | Jan 13, 2034 | 9.38 | 19.79 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294364954 | Venezuela | Apr 12, 2027 | 5.38 | 19.33 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AJ95 | Venezuela | Mar 31, 2038 | 7.00 | 16.21 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294367205 | Venezuela | Apr 12, 2037 | 5.50 | 15.40 |
| ANGOLA (REPUBLIC OF) RegS | XS1318576086 | Angola | Nov 12, 2025 | 9.50 | 10.17 |
| ZAMBIA (REPUBLIC OF) RegS | XS1267081575 | Zambia | Jul 30, 2027 | 8.97 | 9.17 |
| IRAQ (REPUBLIC OF) RegS | XS0240295575 | Iraq | Jan 15, 2028 | 5.80 | 9.15 |
| EL SALVADOR REPUBLIC RegS | USP01012AN67 | El Salvador | Jun 15, 2035 | 7.65 | 9.06 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS1535071986 | Ecuador | Dec 13, 2026 | 9.65 | 8.88 |
| ZAMBIA (REPUBLIC OF) RegS | XS1056386714 | Zambia | Apr 14, 2024 | 8.50 | 8.80 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303926528 | Ukraine | Sep 1, 2026 | 7.75 | 8.71 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303925470 | Ukraine | Sep 1, 2025 | 7.75 | 8.69 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303925041 | Ukraine | Sep 1, 2024 | 7.75 | 8.68 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303927179 | Ukraine | Sep 1, 2027 | 7.75 | 8.62 |
Top 30 GEM Corporate Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
| ODEBRECHT DRILL VIII/IX RegS | USG67106AA51 | Brazil | Jun 30, 2021 | 6.35 | 38.63 |
| PETROLEOS DE VENEZUELA SA MTN RegS | USP7807HAP03 | Venezuela | Nov 17, 2021 | 9.00 | 27.60 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAM71 | Venezuela | Feb 17, 2022 | 12.75 | 26.85 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAT25 | Venezuela | May 16, 2024 | 6.00 | 25.33 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAR68 | Venezuela | Nov 15, 2026 | 6.00 | 21.78 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAV70 | Venezuela | Oct 27, 2020 | 8.50 | 20.45 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAQ85 | Venezuela | May 17, 2035 | 9.75 | 19.80 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294364954 | Venezuela | Apr 12, 2027 | 5.38 | 19.22 |
| ODEBRECHT FINANCE LTD RegS | USG6710EAP54 | Brazil | Apr 25, 2025 | 4.38 | 16.88 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294367205 | Venezuela | Apr 12, 2037 | 5.50 | 15.40 |
| CSN RESOURCES SA RegS | USL21779AA88 | Brazil | Jul 21, 2020 | 6.50 | 12.69 |
| DIGICEL GROUP LTD RegS | USG27631AD56 | Jamaica | Sep 30, 2020 | 8.25 | 12.22 |
| RIO OIL FINANCE TRUST RegS | USU76673AA72 | Brazil | Jul 6, 2024 | 9.25 | 9.72 |
| KAZKOMMERTSBANK JSC RegS | XS0867478124 | Kazakhstan | Dec 21, 2022 | 5.50 | 8.72 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAN93 | Brazil | Jun 5, 2115 | 6.85 | 8.17 |
| TURKIYE VAKIFLAR BANKASI TAO MTN RegS | XS1175854923 | Turkey | Feb 3, 2025 | 6.88 | 8.02 |
| DIGICEL LTD RegS | USG27649AE55 | Jamaica | Apr 15, 2021 | 6.00 | 7.91 |
| PETROBRAS GLOBAL FINANCE BV | US71645WAQ42 | Brazil | Jan 20, 2040 | 6.88 | 7.87 |
| PETROBRAS GLOBAL FINANCE BV | US71645WAS08 | Brazil | Jan 27, 2041 | 6.75 | 7.87 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAK54 | Brazil | Mar 17, 2044 | 7.25 | 7.82 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAA72 | Brazil | May 20, 2043 | 5.63 | 7.61 |
| YPF SA RegS | USP989MJBE04 | Argentina | Jul 28, 2025 | 8.50 | 7.57 |
| VOTORANTIM CIMENTOS SA RegS | USP98088AA83 | Brazil | Apr 5, 2041 | 7.25 | 7.52 |
| PETROLEOS MEXICANOS MTN | US71654QCC42 | Mexico | Sep 21, 2047 | 6.75 | 7.33 |
| PETROLEOS MEXICANOS | US71654QAZ54 | Mexico | Jun 2, 2041 | 6.50 | 7.15 |
| YAPI VE KREDI BANKASI AS RegS | XS0861979440 | Turkey | Dec 6, 2022 | 5.50 | 7.15 |
| ECOPETROL SA | US279158AE95 | Colombia | Sep 18, 2043 | 7.38 | 7.13 |
| PETROLEOS MEXICANOS | US71654QBR20 | Mexico | Jan 23, 2045 | 6.38 | 7.12 |
| YPF SA RegS | USP989MJAY76 | Argentina | Apr 4, 2024 | 8.75 | 7.09 |
| PETROLEOS MEXICANOS | US71654QBX97 | Mexico | Jan 23, 2046 | 5.63 | 7.04 |
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN707 | Brazil | Jul 1, 2017 | 0.00 | 11.76 |
| TURKEY (REPUBLIC OF) | TRT110718T18 | Turkey | Jul 11, 2018 | 8.70 | 11.20 |
| TURKEY (REPUBLIC OF) | TRT100719T18 | Turkey | Jul 10, 2019 | 8.50 | 11.14 |
| TURKEY (REPUBLIC OF) | TRT140922T17 | Turkey | Sep 14, 2022 | 8.50 | 11.10 |
| TURKEY (REPUBLIC OF) | TRT150120T16 | Turkey | Jan 15, 2020 | 10.50 | 11.09 |
| TURKEY (REPUBLIC OF) | TRT270923T11 | Turkey | Sep 27, 2023 | 8.80 | 11.07 |
| TURKEY (REPUBLIC OF) | TRT120325T12 | Turkey | Mar 12, 2025 | 8.00 | 11.06 |
| TURKEY (REPUBLIC OF) | TRT110226T13 | Turkey | Feb 11, 2026 | 10.60 | 11.04 |
| TURKEY (REPUBLIC OF) | TRT240724T15 | Turkey | Jul 24, 2024 | 9.00 | 11.03 |
| TURKEY (REPUBLIC OF) | TRT140218T10 | Turkey | Feb 14, 2018 | 6.30 | 11.01 |
| BRAZIL FEDERATIVE REPUBLIC OF | BRSTNCNTF139 | Brazil | Jan 1, 2018 | 10.00 | 10.90 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN723 | Brazil | Jan 1, 2018 | 0.00 | 10.85 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF147 | Brazil | Jan 1, 2023 | 10.00 | 10.79 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF1P8 | Brazil | Jan 1, 2027 | 10.00 | 10.79 |
| BRAZIL FEDERATIVE REPUBLIC OF | BRSTNCNTF170 | Brazil | Jan 1, 2025 | 10.00 | 10.79 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN7F8 | Brazil | Jul 1, 2020 | 0.00 | 10.64 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF0N5 | Brazil | Jan 1, 2021 | 10.00 | 10.60 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN756 | Brazil | Jul 1, 2018 | 0.00 | 10.56 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN764 | Brazil | Jan 1, 2019 | 0.00 | 10.43 |
| BRAZIL (FEDERATIVE REPUBLIC OF) | BRSTNCNTF162 | Brazil | Jan 1, 2019 | 10.00 | 10.39 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BN96 | Brazil | Jan 10, 2028 | 10.25 | 10.21 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BL31 | Brazil | Jan 5, 2022 | 12.50 | 10.07 |
| TURKEY (REPUBLIC OF) | TRT080317T18 | Turkey | Mar 8, 2017 | 9.00 | 9.72 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000096173 | South Africa | Feb 28, 2048 | 8.75 | 9.59 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000107012 | South Africa | Jan 31, 2037 | 8.50 | 9.58 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000077488 | South Africa | Feb 28, 2041 | 6.50 | 9.53 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000030404 | South Africa | Mar 31, 2036 | 6.25 | 9.48 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000106998 | South Africa | Jan 31, 2030 | 8.00 | 9.27 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BT66 | Brazil | Jan 5, 2024 | 8.50 | 9.14 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000016320 | South Africa | Dec 21, 2026 | 10.50 | 8.86 |
Big Country Table - Stance, Ratings and Datamine
| NCountry | NaCountry | Stance | Avg Sovereign Yield | Sov. Yield Avg Wk Change btps | Avg Corporate Yield | Corp. Yield Avg Wk Change btps | GDP Growth | Total GDP $ bn | GDP per capita PPP $ | Savings to GDP | Inflation | Population | Current Account to GDP | Budget Revenue to GDP | Gov Debt to GDP | Budget Balance to GDP | SandP Rating | Moodys | Fitch | Dgong |
| Angola | Angola | Overweight | 10.17 | -2.00 | | | 2.698 | 86.287 | 7460.737 | 2.739 | 14.000 | 26.644 | -8.814 | 22.991 | | | BB- | Ba3 | BB- | BB- |
| Argentina | Argentina | Overweight | 6.77 | -3.00 | 6.15 | -14.00 | 2.776 | 447.827 | 22984.620 | 16.897 | 20.000 | 44.045 | -2.235 | 35.526 | | -5.330 | SD | Caa1 | RD | D |
| Azerbaijan | Azerbaijan | Overweight | 5.24 | -5.00 | 5.52 | -2.00 | 0.988 | 36.195 | 17761.014 | 26.684 | 1.000 | 9.568 | 0.177 | 34.731 | | | BBB- | Baa3 | BBB- | |
| Brazil | Brazil | Underweight | 5.17 | -8.00 | 6.36 | -12.00 | -0.009 | 1556.435 | 15138.980 | 17.644 | 6.041 | 207.661 | -1.518 | 32.623 | 47.579 | -6.971 | BB+ | Baa3 | BBB | A- |
| Chile | Chile | Overweight | 3.34 | -11.00 | 4.02 | -7.00 | 2.100 | 243.924 | 24382.243 | 19.490 | 3.000 | 18.387 | -2.697 | 24.541 | 1.696 | -1.767 | AA- | Aa3 | A+ | AA |
| China | China | Overweight | 3.12 | 0.00 | 3.69 | 2.00 | 6.200 | 12263.429 | 16171.986 | 42.907 | 2.000 | 1388.322 | 2.060 | 28.356 | | -2.593 | AA- | Aa3 | A+ | AA+ |
| Colombia | Colombia | Overweight | 4.19 | -1.00 | 4.96 | 1.00 | 2.969 | 278.594 | 14627.237 | 18.537 | 3.325 | 49.303 | -4.323 | 25.482 | 41.241 | -1.540 | BBB | Baa2 | BBB | BBB+ |
| Costa Rica | Costa Rica | Underweight | 6.75 | 8.00 | | | 4.250 | 60.803 | 16784.858 | 15.030 | 3.000 | 4.964 | -4.303 | 15.521 | | | BB | Baa3 | BB+ | |
| C?te dIvoire | Cote D'Ivoire (Ivory Coast) | Overweight | 6.78 | -17.00 | | | | | | | | | | | | | | | | |
| Croatia | Croatia (Hrvatska) | Overweight | 3.95 | -3.00 | | | 2.100 | 51.945 | 23171.337 | 21.368 | 1.500 | 4.187 | 2.077 | 44.447 | | -2.405 | BB+ | Baa3 | BBB | BBB- |
| Dominican Republic | Dominican Republic | Underweight | 5.88 | -12.00 | | | 4.500 | 75.372 | 16535.651 | 19.649 | 4.000 | 10.208 | -2.176 | 14.458 | 35.853 | -3.021 | B+ | B1 | B | |
| Ecuador | Ecuador | Overweight | 7.90 | -32.00 | | | -4.288 | 91.156 | 10227.317 | 12.306 | 0.000 | 16.777 | -0.198 | 30.877 | | 3.928 | B+ | Caa1 | B | B- |
| Egypt | Egypt | Underweight | 6.15 | -5.00 | | | 4.256 | n/a | 12551.879 | 11.510 | 10.401 | 92.007 | -5.308 | 22.532 | 81.331 | -9.842 | CCC+ | Caa1 | B- | B- |
| El Salvador | El Salvador | Underweight | 9.06 | 76.00 | | | 2.600 | 28.536 | 8866.446 | 10.284 | 2.000 | 6.429 | -4.123 | 18.477 | | | BB- | Ba2 | BB- | |
| Gabon | Gabon | Overweight | 7.86 | -4.00 | | | 4.501 | 15.605 | 20008.436 | 29.852 | 2.500 | 1.908 | -5.823 | 20.189 | | | BB- | | BB- | |
| Ghana | Ghana | Underweight | 8.45 | 5.00 | | | 7.695 | 40.926 | 4674.620 | 18.921 | 7.055 | 28.278 | -5.435 | 20.266 | 70.470 | | B | | B+ | B |
| Hungary | Hungary | Overweight | 3.68 | 5.00 | | | 2.450 | 120.116 | 28254.757 | 28.327 | 2.600 | 9.814 | 5.169 | 44.855 | 70.852 | | BB | Ba1 | BB+ | BBB- |
| Indonesia | Indonesia | Overweight | 4.42 | 6.00 | 4.67 | 7.00 | 5.300 | 1024.001 | 12258.793 | 32.543 | 4.400 | 262.185 | -2.846 | 14.344 | | -2.782 | BB+ | Baa3 | BBB- | BBB- |
| Iraq | Iraq | Overweight | 9.15 | 7.00 | | | 3.277 | 164.418 | 16661.618 | 10.786 | 2.000 | 36.996 | -10.956 | 38.743 | | | | | | |
| Kazakhstan | Kazakhstan | Overweight | 4.69 | 4.00 | 5.26 | -41.00 | 1.050 | 135.133 | 24402.736 | 24.991 | 9.000 | 18.216 | -1.485 | 18.509 | -20.325 | -3.407 | BBB+ | Baa2 | BBB | BBB- |
| Kenya | Kenya | Underweight | 7.38 | -3.00 | | | 6.130 | 69.074 | 3493.695 | 15.245 | 5.500 | 46.756 | -6.940 | 20.753 | 52.959 | | B+ | | B+ | B |
| Latvia | Latvia | Underweight | | | | | 3.643 | 29.860 | 27333.258 | 20.122 | 2.064 | 1.966 | -2.236 | 35.887 | 31.915 | -1.448 | A- | Baa1 | A- | BB |
| Lebanon | Lebanon | Underweight | 6.46 | -2.00 | | | 2.000 | 54.063 | 18872.476 | -1.230 | 2.000 | 4.642 | -21.171 | 19.834 | 140.163 | -12.203 | B | B1 | B | |
| Lithuania | Lithuania | Underweight | 2.90 | 2.00 | | | 3.140 | 45.397 | 31386.107 | 16.504 | 2.262 | 2.846 | -2.948 | 33.980 | 38.816 | -0.735 | A- | Baa1 | A- | BBB- |
| Malaysia | Malaysia | Overweight | 3.63 | 0.00 | 3.30 | 4.00 | 4.800 | 344.848 | 28497.681 | 27.529 | 2.882 | 32.059 | 1.921 | 21.203 | | -2.920 | A- | A3 | A- | A+ |
| Mexico | Mexico | Underweight | 4.92 | -17.00 | 5.01 | -12.00 | 2.573 | 1166.601 | 18392.290 | 21.150 | 3.023 | 130.223 | -2.558 | 21.979 | 48.555 | -3.589 | AAA | A3 | BBB+ | BBB |
| Mongolia | Mongolia | Overweight | 7.94 | 59.00 | | | 2.537 | 12.112 | 12426.635 | 18.929 | 6.508 | 3.059 | -17.691 | 25.436 | | | BB- | B1 | B+ | BB- |
| Morocco | Morocco | Underweight | 3.77 | 21.00 | 5.02 | 13.00 | 4.122 | 114.342 | 8730.520 | 35.614 | 2.000 | 34.150 | 0.131 | 26.639 | 63.466 | -3.855 | BBB- | Ba1 | BBB- | BBB |
| Pakistan | Pakistan | Underweight | 4.92 | 4.00 | | | 4.700 | n/a | 5385.477 | 14.086 | 5.000 | 193.623 | -1.613 | 16.279 | 57.512 | | B- | Caa1 | | CCC |
| Panama | Panama | Underweight | 3.66 | -2.00 | 5.13 | -1.00 | 6.400 | 60.510 | 24176.747 | 39.016 | 2.000 | 4.168 | -4.984 | 20.210 | 35.079 | 0.462 | BBB | Baa2 | BBB | A- |
| Paraguay | Paraguay | Underweight | 6.01 | 10.00 | | | 3.228 | 27.906 | 9181.630 | 15.289 | 4.500 | 7.221 | -1.050 | 21.961 | 24.011 | -2.502 | BB- | B1 | | B+ |
| Peru | Peru | Overweight | 4.11 | 5.00 | 4.03 | 4.00 | 4.120 | 189.710 | 13077.160 | 20.612 | 2.495 | 32.907 | -3.258 | 20.847 | 8.539 | -1.202 | BBB+ | A3 | BBB+ | BBB+ |
| Philippines | Philippines | Overweight | 3.35 | 19.00 | 3.41 | 12.00 | 6.199 | 345.308 | 8035.337 | 25.577 | 3.200 | 106.279 | 2.445 | 19.505 | | -0.718 | BBB | Baa3 | BBB- | BBB |
| Poland | Poland | Underweight | 3.05 | 2.00 | | | 3.592 | 495.389 | 29065.496 | 18.693 | 1.744 | 37.996 | -2.141 | 39.631 | 27.945 | -3.292 | A- | A2 | A- | A- |
| Romania | Romania | Underweight | 4.03 | 10.00 | | | 3.602 | 194.295 | 23071.450 | 22.217 | 3.400 | 19.824 | -2.467 | 29.613 | | -2.692 | BBB- | Baa3 | BBB- | BB+ |
| Russia | Russian Federation | Overweight | 4.25 | -6.00 | 4.23 | -5.00 | 0.812 | 1267.551 | 25740.366 | 26.151 | 5.904 | 146.300 | 5.071 | 31.175 | | -3.034 | BB+ | Ba1 | BBB- | A |
| Serbia | Serbia | Underweight | 4.11 | 4.00 | | | 2.250 | 38.876 | 14561.335 | 14.920 | 3.330 | 7.132 | -4.337 | 39.290 | 74.780 | -2.115 | BB- | B1 | B+ | BB- |
| Slovak Republic | Slovak Republic | Overweight | 2.65 | -1.00 | | | 3.426 | 94.489 | 32514.733 | 22.081 | 1.827 | 5.418 | -1.015 | 38.408 | | -2.033 | | | | |
| South Africa | South Africa | Underweight | 4.92 | -1.00 | 5.12 | -7.00 | 1.206 | 273.726 | 13297.595 | 13.629 | 5.800 | 56.718 | -4.863 | 30.245 | 47.116 | -2.910 | BBB- | Baa1 | BBB | A |
| Sri Lanka | Sri Lanka | Underweight | 5.99 | 24.00 | | | 5.000 | 91.906 | 11764.555 | 29.078 | 5.000 | 21.397 | -1.445 | 13.603 | | | B+ | B1 | BB- | B+ |
| Turkey | Turkey | Underweight | 5.71 | -13.00 | 6.08 | -14.00 | 3.432 | 791.239 | 22002.647 | 14.953 | 6.539 | 79.366 | -4.068 | 35.845 | 20.588 | -1.438 | BB+ | Baa3 | BBB- | BB- |
| Ukraine | Ukraine | Underweight | 8.47 | 16.00 | | | 2.540 | 93.547 | 8526.919 | 14.482 | 8.483 | 42.412 | -2.260 | 37.697 | 90.372 | -2.241 | BBB- | Caa1 | CCC | B- |
| Uruguay | Uruguay | Underweight | 4.65 | 4.00 | | | 2.592 | 54.941 | 22748.213 | 15.025 | 8.070 | 3.439 | -3.677 | 28.668 | 27.743 | -3.498 | BBB- | Baa2 | BBB- | BB+ |
| Venezuela | Venezuela | Underweight | 22.48 | -65.00 | 22.05 | -42.00 | -4.500 | 149.508 | 14539.054 | 10.962 | 2200.023 | 31.907 | -2.475 | 11.991 | | | B | B2 | B+ | BB+ |
| Vietnam | Vietnam | Underweight | 4.73 | 9.00 | | | 6.200 | 217.838 | 6818.893 | 27.625 | 2.600 | 93.607 | 0.193 | 22.003 | | | BB- | B1 | B+ | B+ |
| Zambia | Zambia | Overweight | 8.99 | -10.00 | | | 4.779 | 19.255 | 4035.842 | 29.881 | 8.702 | 17.238 | -1.722 | 17.228 | 56.675 | | B+ | | B+ | |
| Hong Kong | Hong Kong | Underweight | | | | | | | | | | | | | | | AAA | Aa1 | AA+ | AAA |
| India | India | Underweight | 4.14 | 7.00 | 3.90 | -5.00 | 7.494 | 2487.937 | 7098.050 | 30.756 | 5.426 | 1326.944 | -2.082 | 20.844 | | -6.639 | BBB- | Baa3 | BBB- | BBB+ |
| Israel | Israel | Underweight | | | 3.89 | 4.00 | 3.018 | 316.770 | 35260.750 | 23.711 | 1.207 | 8.673 | 3.526 | 37.311 | 64.418 | -3.637 | A+ | A1 | A | A- |
| Jamaica | Jamaica | Underweight | 6.17 | -10.00 | 10.07 | 45.00 | 2.548 | 14.556 | 9297.115 | 13.714 | 6.500 | 2.844 | -2.608 | 27.591 | | | CCC+ | B3 | B- | |
| Korea | Korea (South) | Overweight | | | 2.86 | 0.00 | 2.868 | 1379.315 | 39156.417 | 34.709 | 2.396 | 51.042 | 7.385 | 20.611 | 35.591 | 0.793 | | | | |
| Qatar | Qatar | Overweight | | | 3.31 | 2.00 | 3.433 | 181.255 | 129959.025 | 53.876 | | 2.694 | -4.861 | 25.437 | -107.728 | | AA | Aa2 | | AA- |
| Singapore | Singapore | Overweight | | | | | 2.159 | 304.097 | 89276.246 | 46.711 | 1.900 | 5.626 | 20.494 | 21.910 | | 2.074 | AAA | Aaa | AAA | AAA |
| Thailand | Thailand | Underweight | | | 3.30 | -4.00 | 3.223 | 428.756 | 17454.056 | 32.270 | 1.795 | 69.095 | 5.743 | 22.138 | | -0.250 | BBB+ | Baa1 | BBB+ | BBB |
| United Arab Emirates | United Arab Emirates | Overweight | | | 3.44 | 1.00 | 2.623 | 357.269 | 68717.029 | 26.850 | 2.701 | 10.139 | 0.104 | 26.577 | -251.159 | | | Aa2 | | BBB+ |
Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly