Chart: Turkey Yields Did Not Even Have Time to React to New Political Risk Last Week.
No doubt they will this week.
Source: Bloomberg
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) WeeklyBondDEVELOPMENT BANK OF KAZAKHSTAN JSC RegS 22JSC NATIONAL KAZMUNAYGAS MTN RegS 21KAZMUNAYGAS NATIONAL CO JSC RegS 20PHILIPPINES (REPUBLIC OF) 21
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners) BondMONGOLIA (GOVERNMENT) RegS 22ESKOM HOLDINGS SOC LTD MTN RegS 23GABONESE REPUBLIC RegS 24PETROLEOS DE VENEZUELA SA MTN RegS 21
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers) BondODEBRECHT DRILL VIII/IX RegS 21EVERGRANDE REAL ESTATE GROUP LTD RegS 18AMERICA MOVIL SAB DE CV 20JSC NATIONAL KAZMUNAYGAS MTN RegS 21
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) WeeklyBondCSN RESOURCES SA RegS 20PETROLEOS DE VENEZUELA SA RegS 17VEDANTA RESOURCES PLC RegS 21PETROLEOS DE VENEZUELA SA MTN RegS 21
Country Average Sovereign Yield Change USD Eurobonds Weekly CountryChinaKazakhstanUruguayRussian FederationPhilippines
Country Average Corporate Yield Change USD Eurobonds Weekly CountryThailandKazakhstanKorea (South)MalaysiaChina
Top 30 GEM Souvereign Eurobonds by Yield NameVENEZUELA (BOLVARIAN REPUBLIC OF) RegSVENEZUELA (BOLVARIAN REPUBLIC OF) RegSPETROLEOS DE VENEZUELA SA MTN RegS
Top 30 GEM Corporate Eurobonds by YieldNameODEBRECHT DRILL VIII/IX RegSPETROLEOS DE VENEZUELA SA RegSPETROLEOS DE VENEZUELA SA MTN RegS
Top 30 GEM Local (reasonably rated) Currency Bonds by YieldNameBRAZIL FEDERATIVE REPUBLIC OF (GOBRAZIL FEDERATIVE REPUBLIC OF (GOFEDERATIVE REPUBLIC OF BRAZIL
Big Country Table - Stance, Ratings and DatamineTop 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
| Bond | Country | Yield | Yield Change % pts |
| DEVELOPMENT BANK OF KAZAKHSTAN JSC RegS 22 | Kazakhstan | 4.61 | 0.22 |
| JSC NATIONAL KAZMUNAYGAS MTN RegS 21 | Kazakhstan | 4.38 | 0.22 |
| KAZMUNAYGAS NATIONAL CO JSC RegS 20 | Kazakhstan | 4.34 | 0.18 |
| PHILIPPINES (REPUBLIC OF) 21 | Philippines | 1.74 | 0.16 |
| TURKEY (REPUBLIC OF) 19 | Turkey | 2.85 | 0.14 |
| REPUBLICA ORIENT URUGUAY 27 | Uruguay | 3.56 | 0.14 |
| EXPORT-IMPORT BANK OF CHINA RegS 26 | China | 2.83 | 0.12 |
| AMBER CIRCLE FUNDING LTD RegS 22 | China | 2.47 | 0.10 |
| SINOPEC GROUP OVERSEAS DEVELOPMENT RegS 22 | China | 2.75 | 0.10 |
| CHINA DEVELOPMENT BANK CORP MTN RegS 20 | China | 1.89 | 0.10 |
| EXPORT-IMPORT BANK OF CHINA RegS 21 | China | 2.01 | 0.10 |
| CAIXA ECONOMICA FEDERAL RegS 19 | Brazil | 4.53 | 0.09 |
| EXPORT-IMPORT BANK OF CHINA RegS 24 | China | 2.70 | 0.08 |
| CHARMING LIGHT INVESTMENTS LTD MTN RegS 19 | China | 2.62 | 0.07 |
| VEB FINANCE LTD RegS 20 | Russian Federation | 4.53 | 0.07 |
| SINOPEC GROUP OVERSEAS DEVELOPMENT RegS 20 | China | 2.19 | 0.07 |
| STATE GRID OVERSEAS INVESTMENT 201 RegS 24 | China | 2.62 | 0.06 |
| RUSSIAN FEDERATION (GOVERNMENT) RegS 20 | Russian Federation | 2.80 | 0.06 |
| PETRONAS CAPITAL LTD. RegS 19 | Malaysia | 1.85 | 0.06 |
| MEXICO (UNITED MEXICAN STATES) MTN 19 | Mexico | 1.50 | 0.05 |
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
| Bond | Country | Yield | Yield Change %pts |
| MONGOLIA (GOVERNMENT) RegS 22 | Mongolia | 7.01 | -1.17 |
| ESKOM HOLDINGS SOC LTD MTN RegS 23 | South Africa | 6.04 | -0.82 |
| GABONESE REPUBLIC RegS 24 | Gabon | 8.16 | -0.82 |
| PETROLEOS DE VENEZUELA SA MTN RegS 21 | Venezuela | 34.87 | -0.81 |
| PETROLEOS DE VENEZUELA SA RegS 22 | Venezuela | 34.77 | -0.76 |
| ETHIOPIA FEDERAL DEMOCRATIC REPUB RegS 24 | Ethiopia | 7.06 | -0.67 |
| ESKOM HOLDINGS SOC LTD MTN RegS 25 | South Africa | 6.41 | -0.63 |
| PETROLEOS DE VENEZUELA SA RegS 27 | Venezuela | 20.10 | -0.62 |
| GHANA (REPUBLIC OF) RegS 26 | Ghana | 9.89 | -0.61 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20 | Venezuela | 31.38 | -0.59 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 23 | Venezuela | 27.90 | -0.58 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 19 | Venezuela | 38.50 | -0.56 |
| PETROLEOS DE VENEZUELA SA RegS 26 | Venezuela | 22.94 | -0.55 |
| ZAMBIA (REPUBLIC OF) RegS 27 | Zambia | 10.35 | -0.53 |
| SRI LANKA (DEMOCRATIC SOCIALIST RE RegS 19 | Sri Lanka | 4.39 | -0.53 |
| ANGOLA (REPUBLIC OF) RegS 25 | Angola | 10.08 | -0.53 |
| KENYA (REPUBLIC OF) RegS 24 | Kenya | 7.38 | -0.52 |
| ZAMBIA (REPUBLIC OF) RegS 24 | Zambia | 10.10 | -0.51 |
| ARGENTINA REPUBLIC OF GOVERNMENT RegS 19 | Argentina | 4.00 | -0.51 |
| PETROLEOS DE VENEZUELA SA RegS 35 | Venezuela | 24.49 | -0.51 |
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
| Bond | Country | Yield | Yield Change %pts |
| ODEBRECHT DRILL VIII/IX RegS 21 | Brazil | 61.25 | 0.84 |
| EVERGRANDE REAL ESTATE GROUP LTD RegS 18 | China | 8.44 | 0.19 |
| AMERICA MOVIL SAB DE CV 20 | Mexico | 2.10 | 0.19 |
| JSC NATIONAL KAZMUNAYGAS MTN RegS 21 | Kazakhstan | 4.37 | 0.16 |
| RELIANCE HOLDINGS USA INC RegS 22 | India | 3.26 | 0.13 |
| PTT PCL RegS 22 | Thailand | 2.54 | 0.13 |
| BANGKOK BANK PUBLIC COMPANY LIMITE RegS 20 | Thailand | 2.22 | 0.13 |
| KOREA GAS CORPORATION RegS 20 | Korea (South) | 1.77 | 0.13 |
| KOREA DEVELOPMENT BANK 24 | Korea (South) | 2.30 | 0.11 |
| WOORI BANK MTN RegS 45 | Korea (South) | 4.35 | 0.10 |
| KOREA GAS CORP MTN RegS 24 | Korea (South) | 2.32 | 0.09 |
| BHARTI AIRTEL INTERNATIONAL NETHER RegS 23 | India | 3.63 | 0.09 |
| EXPORT-IMPORT BANK OF INDIA MTN RegS 23 | India | 3.13 | 0.09 |
| EXPORT-IMPORT BANK OF KOREA 25 | Korea (South) | 2.28 | 0.09 |
| BAIDU INC 17 | China | 1.59 | 0.09 |
| EXPORT-IMPORT BANK OF KOREA 21 | Korea (South) | 1.95 | 0.08 |
| SINO-OCEAN LAND TREASURE FINANCE I RegS 19 | China | 3.01 | 0.08 |
| KOREA NATIONAL OIL CORP RegS 19 | Korea (South) | 1.71 | 0.08 |
| POSCO GROUP RegS 20 | Korea (South) | 2.15 | 0.08 |
| BANK OF CHINA LTD / HONG KONG MTN RegS 25 | China | 2.90 | 0.07 |
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
| Bond | Country | Yield | Yield Change %pts |
| CSN RESOURCES SA RegS 20 | Brazil | 24.09 | -3.14 |
| PETROLEOS DE VENEZUELA SA RegS 17 | Venezuela | 58.42 | -2.54 |
| VEDANTA RESOURCES PLC RegS 21 | India | 10.44 | -1.74 |
| PETROLEOS DE VENEZUELA SA MTN RegS 21 | Venezuela | 34.87 | -0.95 |
| PETROLEOS DE VENEZUELA SA RegS 22 | Venezuela | 34.68 | -0.85 |
| PETROBRAS GLOBAL FINANCE BV 20 | Brazil | 5.96 | -0.73 |
| DIGICEL GROUP LTD RegS 20 | Jamaica | 12.81 | -0.67 |
| PETROBRAS GLOBAL FINANCE BV 20 | Brazil | 6.14 | -0.67 |
| CAIXA ECONOMICA FEDERAL RegS 17 | Brazil | 3.18 | -0.65 |
| PETROLEOS DE VENEZUELA SA RegS 35 | Venezuela | 24.35 | -0.65 |
| VALE OVERSEAS LIMITED 22 | Brazil | 5.30 | -0.57 |
| BRASKEM FINANCE LTD RegS 22 | Brazil | 5.14 | -0.54 |
| PETROLEOS DE VENEZUELA SA RegS 26 | Venezuela | 22.94 | -0.54 |
| GTL TRADE FINANCE INC RegS 24 | Brazil | 6.90 | -0.53 |
| PETROLEOS DE VENEZUELA SA RegS 24 | Venezuela | 26.99 | -0.51 |
| JBS INVESTMENTS GMBH RegS 24 | Brazil | 6.74 | -0.49 |
| BANCO DE CREDITO DEL PERU RegS 20 | Peru | 2.17 | -0.48 |
| PETROLEOS DE VENEZUELA SA RegS 37 | Venezuela | 16.35 | -0.47 |
| PETROBRAS GLOBAL FINANCE BV 21 | Brazil | 7.35 | -0.42 |
| PETROBRAS GLOBAL FINANCE BV 23 | Brazil | 7.31 | -0.42 |
Country Average Sovereign Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
| China | 2.59 | 0.06 |
| Kazakhstan | 4.68 | 0.05 |
| Uruguay | 3.97 | 0.02 |
| Russian Federation | 4.02 | 0.01 |
| Philippines | 2.45 | 0.01 |
| United States | 0.48 | 0.01 |
| Malaysia | 3.44 | -0.04 |
| Oman | 4.76 | -0.04 |
| Peru | 3.44 | -0.04 |
| Turkey | 4.10 | -0.05 |
| Slovak Republic | 1.74 | -0.05 |
| Colombia | 3.68 | -0.05 |
| Hungary | 3.35 | -0.07 |
| Croatia (Hrvatska) | 4.08 | -0.07 |
| Serbia | 3.61 | -0.08 |
| Romania | 3.30 | -0.08 |
| Chile | 2.70 | -0.10 |
| Indonesia | 3.96 | -0.10 |
| Mexico | 3.92 | -0.10 |
| Panama | 2.87 | -0.11 |
| Poland | 2.28 | -0.12 |
| Paraguay | 5.28 | -0.12 |
| El Salvador | 7.88 | -0.13 |
| Ecuador | 10.20 | -0.14 |
| Lebanon | 6.37 | -0.14 |
| Brazil | 4.70 | -0.15 |
| Lithuania | 2.15 | -0.15 |
| Vietnam | 4.03 | -0.17 |
| Azerbaijan | 5.08 | -0.25 |
| Jamaica | 5.68 | -0.26 |
| Argentina | 6.11 | -0.26 |
| Pakistan | 5.79 | -0.28 |
| Costa Rica | 5.89 | -0.28 |
| Egypt | 6.02 | -0.28 |
| Ukraine | 8.07 | -0.29 |
| Dominican Republic | 5.05 | -0.30 |
| South Africa | 4.29 | -0.31 |
| Iraq | 9.82 | -0.36 |
| Morocco | 2.87 | -0.36 |
| Cote D'Ivoire (Ivory Coast) | 6.19 | -0.39 |
| Tunisia | 6.44 | -0.40 |
| Sri Lanka | 5.40 | -0.43 |
| Venezuela | 27.01 | -0.45 |
| Ghana | 9.91 | -0.52 |
| Zambia | 10.23 | -0.52 |
| Kenya | 7.38 | -0.52 |
| Angola | 10.08 | -0.53 |
| Ethiopia | 7.06 | -0.67 |
| Gabon | 8.16 | -0.82 |
| Mongolia | 7.01 | -1.17 |
Country Average Corporate Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
| Thailand | 2.38 | 0.13 |
| Kazakhstan | 4.66 | 0.06 |
| Korea (South) | 2.09 | 0.05 |
| Malaysia | 2.24 | 0.05 |
| China | 3.35 | 0.04 |
| Azerbaijan | 5.45 | 0.03 |
| United States | 0.48 | 0.01 |
| Philippines | 2.51 | -0.01 |
| Russian Federation | 3.99 | -0.03 |
| United Arab Emirates | 3.18 | -0.04 |
| Argentina | 6.72 | -0.06 |
| Turkey | 3.60 | -0.06 |
| Israel | 3.52 | -0.08 |
| Qatar | 2.63 | -0.12 |
| Indonesia | 4.37 | -0.14 |
| Mexico | 4.28 | -0.15 |
| Chile | 3.43 | -0.17 |
| Morocco | 4.40 | -0.17 |
| India | 4.03 | -0.18 |
| South Africa | 4.36 | -0.20 |
| Colombia | 4.97 | -0.20 |
| Brazil | 8.58 | -0.36 |
| Peru | 2.85 | -0.37 |
| Jamaica | 12.81 | -0.67 |
| Venezuela | 29.84 | -0.86 |
Top 30 GEM Souvereign Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AD26 | Venezuela | Dec 1, 2018 | 7.00 | 41.57 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AN08 | Venezuela | Oct 13, 2019 | 7.75 | 38.50 |
| PETROLEOS DE VENEZUELA SA MTN RegS | USP7807HAP03 | Venezuela | Nov 17, 2021 | 9.00 | 34.87 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAM71 | Venezuela | Feb 17, 2022 | 12.75 | 34.77 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AC16 | Venezuela | Aug 23, 2022 | 12.75 | 33.24 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AG56 | Venezuela | Dec 9, 2020 | 6.00 | 31.38 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP17625AA59 | Venezuela | May 7, 2023 | 9.00 | 27.90 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AE71 | Venezuela | Oct 21, 2026 | 11.75 | 26.93 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAT25 | Venezuela | May 16, 2024 | 6.00 | 26.89 |
| VENEZUELA BOLIVARIAN REPUBLIC OF RegS | USP17625AD98 | Venezuela | Aug 5, 2031 | 11.95 | 26.17 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) RegS | USP97475AP55 | Venezuela | Oct 13, 2024 | 8.25 | 25.02 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAQ85 | Venezuela | May 17, 2035 | 9.75 | 24.49 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | XS0217249126 | Venezuela | Apr 21, 2025 | 7.65 | 23.69 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP17625AB33 | Venezuela | May 7, 2028 | 9.25 | 23.41 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAR68 | Venezuela | Nov 15, 2026 | 6.00 | 22.94 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) | US922646BL74 | Venezuela | Jan 13, 2034 | 9.38 | 21.99 |
| VENEZUELA (BOLIVARIAN REPUBLIC OF) | US922646AS37 | Venezuela | Sep 15, 2027 | 9.25 | 21.68 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294364954 | Venezuela | Apr 12, 2027 | 5.38 | 20.10 |
| VENEZUELA (BOLVARIAN REPUBLIC OF) RegS | USP97475AJ95 | Venezuela | Mar 31, 2038 | 7.00 | 17.92 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294367205 | Venezuela | Apr 12, 2037 | 5.50 | 16.66 |
| ZAMBIA (REPUBLIC OF) RegS | XS1267081575 | Zambia | Jul 30, 2027 | 8.97 | 10.35 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS1199929826 | Ecuador | Mar 24, 2020 | 10.50 | 10.24 |
| ECUADOR (REPUBLIC OF) RegS | XS1080330704 | Ecuador | Jun 20, 2024 | 7.95 | 10.16 |
| ZAMBIA (REPUBLIC OF) RegS | XS1056386714 | Zambia | Apr 14, 2024 | 8.50 | 10.10 |
| ANGOLA (REPUBLIC OF) RegS | XS1318576086 | Angola | Nov 12, 2025 | 9.50 | 10.08 |
| GHANA (REPUBLIC OF) RegS | XS0956935398 | Ghana | Aug 7, 2023 | 7.88 | 9.93 |
| GHANA (REPUBLIC OF) RegS | XS1108847531 | Ghana | Jan 18, 2026 | 8.13 | 9.89 |
| IRAQ (REPUBLIC OF) RegS | XS0240295575 | Iraq | Jan 15, 2028 | 5.80 | 9.82 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303925041 | Ukraine | Sep 1, 2024 | 7.75 | 8.23 |
| UKRAINE (GOVERNMENT OF) RegS | XS1303927179 | Ukraine | Sep 1, 2027 | 7.75 | 8.20 |
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 | 61.25 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAK16 | Venezuela | Nov 2, 2017 | 8.50 | 58.42 |
| PETROLEOS DE VENEZUELA SA MTN RegS | USP7807HAP03 | Venezuela | Nov 17, 2021 | 9.00 | 34.87 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAM71 | Venezuela | Feb 17, 2022 | 12.75 | 34.68 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAT25 | Venezuela | May 16, 2024 | 6.00 | 26.99 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAQ85 | Venezuela | May 17, 2035 | 9.75 | 24.35 |
| CSN RESOURCES SA RegS | USL21779AA88 | Brazil | Jul 21, 2020 | 6.50 | 24.09 |
| SAMARCO MINERACAO SA RegS | USP84050AA46 | Brazil | Nov 1, 2022 | 4.13 | 23.21 |
| PETROLEOS DE VENEZUELA SA RegS | USP7807HAR68 | Venezuela | Nov 15, 2026 | 6.00 | 22.94 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294364954 | Venezuela | Apr 12, 2027 | 5.38 | 20.13 |
| PETROLEOS DE VENEZUELA SA RegS | XS0294367205 | Venezuela | Apr 12, 2037 | 5.50 | 16.35 |
| DIGICEL GROUP LTD RegS | USG27631AD56 | Jamaica | Sep 30, 2020 | 8.25 | 12.81 |
| VEDANTA RESOURCES PLC RegS | USG9328DAG54 | India | Jun 7, 2021 | 8.25 | 10.44 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAN93 | Brazil | Jun 5, 2115 | 6.85 | 8.65 |
| MARFRIG OVERSEAS LTD RegS | USG5814RAB45 | Brazil | May 4, 2020 | 9.50 | 8.48 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAK54 | Brazil | Mar 17, 2044 | 7.25 | 8.45 |
| EVERGRANDE REAL ESTATE GROUP LTD RegS | USG3225AAD57 | China | Oct 30, 2018 | 8.75 | 8.44 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAQ25 | Brazil | May 23, 2026 | 8.75 | 8.34 |
| PETROBRAS GLOBAL FINANCE BV | US71645WAQ42 | Brazil | Jan 20, 2040 | 6.88 | 8.31 |
| PETROBRAS GLOBAL FINANCE BV | US71645WAS08 | Brazil | Jan 27, 2041 | 6.75 | 8.26 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAM11 | Brazil | Mar 17, 2024 | 6.25 | 7.88 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAA72 | Brazil | May 20, 2043 | 5.63 | 7.87 |
| YPF SA RegS | USP989MJBE04 | Argentina | Jul 28, 2025 | 8.50 | 7.61 |
| VALE OVERSEAS LIMITED | US91911TAE38 | Brazil | Jan 17, 2034 | 8.25 | 7.60 |
| VALE OVERSEAS LIMITED | US91911TAK97 | Brazil | Nov 10, 2039 | 6.88 | 7.44 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAP42 | Brazil | May 23, 2021 | 8.38 | 7.35 |
| VALE OVERSEAS LIMITED | US91911TAH68 | Brazil | Nov 21, 2036 | 6.88 | 7.34 |
| PETROBRAS GLOBAL FINANCE BV | US71647NAF69 | Brazil | May 20, 2023 | 4.38 | 7.31 |
| YPF SA RegS | USP989MJAY76 | Argentina | Apr 4, 2024 | 8.75 | 7.31 |
| ECOPETROL SA | US279158AE95 | Colombia | Sep 18, 2043 | 7.38 | 7.17 |
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN749 | Brazil | Oct 1, 2016 | 0.00 | 13.77 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN6X3 | Brazil | Jan 1, 2017 | 0.00 | 13.67 |
| FEDERATIVE REPUBLIC OF BRAZIL | BRSTNCLTN707 | Brazil | Jul 1, 2017 | 0.00 | 13.14 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN723 | Brazil | Jan 1, 2018 | 0.00 | 12.67 |
| BRAZIL FEDERATIVE REPUBLIC OF | BRSTNCNTF139 | Brazil | Jan 1, 2018 | 10.00 | 12.67 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN756 | Brazil | Jul 1, 2018 | 0.00 | 12.42 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCLTN764 | Brazil | Jan 1, 2019 | 0.00 | 12.20 |
| BRAZIL (FEDERATIVE REPUBLIC OF) | BRSTNCNTF162 | Brazil | Jan 1, 2019 | 10.00 | 12.11 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF147 | Brazil | Jan 1, 2023 | 10.00 | 11.97 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF1P8 | Brazil | Jan 1, 2027 | 10.00 | 11.96 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF0N5 | Brazil | Jan 1, 2021 | 10.00 | 11.95 |
| BRAZIL FEDERATIVE REPUBLIC OF | BRSTNCNTF170 | Brazil | Jan 1, 2025 | 10.00 | 11.91 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BL31 | Brazil | Jan 5, 2022 | 12.50 | 10.83 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BN96 | Brazil | Jan 10, 2028 | 10.25 | 10.55 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | US105756BT66 | Brazil | Jan 5, 2024 | 8.50 | 10.36 |
| RUSSIAN FEDERATION | RU000A0JQZ18 | Russian Federation | Aug 3, 2016 | 6.90 | 10.16 |
| RUSSIAN FEDERATION | RU000A0JS751 | Russian Federation | Apr 19, 2017 | 7.40 | 9.69 |
| RUSSIAN FEDERATION | RU000A0JRJU8 | Russian Federation | Jun 14, 2017 | 7.40 | 9.68 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000096173 | South Africa | Feb 28, 2048 | 8.75 | 9.38 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000107012 | South Africa | Jan 31, 2037 | 8.50 | 9.32 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000077488 | South Africa | Feb 28, 2041 | 6.50 | 9.31 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000030404 | South Africa | Mar 31, 2036 | 6.25 | 9.22 |
| RUSSIAN FEDERATION | RU000A0JRCJ6 | Russian Federation | Mar 15, 2018 | 7.50 | 9.20 |
| RUSSIAN FEDERATION RegS | XS0564087541 | Russian Federation | Mar 10, 2018 | 7.85 | 9.17 |
| RUSSIAN FEDERATION | RU000A0JS4M5 | Russian Federation | Feb 27, 2019 | 7.50 | 9.09 |
| SOUTH AFRICA (REPUBLIC OF) | ZAG000106998 | South Africa | Jan 31, 2030 | 8.00 | 9.06 |
| RUSSIAN FEDERATION | RU000A0JU9V1 | Russian Federation | May 15, 2019 | 6.70 | 9.04 |
| TURKEY (REPUBLIC OF) | TRT270923T11 | Turkey | Sep 27, 2023 | 8.80 | 8.91 |
| TURKEY (REPUBLIC OF) | TRT140922T17 | Turkey | Sep 14, 2022 | 8.50 | 8.89 |
| TURKEY (REPUBLIC OF) | TRT120325T12 | Turkey | Mar 12, 2025 | 8.00 | 8.89 |
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 | Country Weight in Sov Index | Country Weight in Corp Index | 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 |
| Turkey | Turkey | Underweight | 4.10 | -5.00 | 3.60 | -6.00 | 3.148 | 5.6948 | 2.9518 | 752.51 | 20188.41 | 12.474 | 7.02 | 77.738 | -4.215 | 36.079 | 25.923 | -2.571 | BB+ | Baa3 | BBB- | BB- |
| Brazil | Brazil | Underweight | 4.70 | -15.00 | 8.58 | -36.00 | -1.026 | 5.4684 | 17.8284 | 1903.934 | 15940.643 | 15.344 | 8.004 | 204.451 | -3.663 | 34.462 | 34.397 | -4.757 | BB+ | Baa3 | BBB | A- |
| Mexico | Mexico | Underweight | 3.92 | -10.00 | 4.28 | -15.00 | 2.997 | 5.4258 | 11.5552 | 1231.982 | 18369.504 | 19.237 | 3.065 | 121.087 | -2.159 | 22.032 | 45.007 | -3.593 | AAA | A3 | BBB+ | BBB |
| Philippines | Philippines | Overweight | 2.45 | 1.00 | 2.51 | -1.00 | 6.713 | 5.3236 | 0.4993 | 308.033 | 7348.06 | 25.534 | 2.421 | 101.423 | 5.504 | 18.725 | | -1.459 | BBB | Baa3 | BBB- | BBB |
| Indonesia | Indonesia | Overweight | 3.96 | -10.00 | 4.37 | -14.00 | 5.199 | 5.2617 | 2.5203 | 895.677 | 11134.865 | 30.759 | 4.601 | 255.077 | -3.021 | 15.157 | | -2.261 | BB+ | Baa3 | BBB- | BBB- |
| Russia | Russian Federation | Overweight | 4.02 | 1.00 | 3.99 | -3.00 | -3.833 | 5.1862 | 9.2173 | 1175.996 | 24066.822 | 22.965 | 12.016 | 143.7 | 5.379 | 34.755 | | -2.488 | BB+ | Ba1 | BBB- | A |
| Colombia | Colombia | Overweight | 3.68 | -5.00 | 4.97 | -20.00 | 3.396 | 4.3907 | 2.5946 | 332.384 | 13850.986 | 16.372 | 3.598 | 48.209 | -5.755 | 26.307 | 30.232 | -2.937 | BBB | Baa2 | BBB | BBB+ |
| China | China | Overweight | 2.59 | 6.00 | 3.35 | 4.00 | 6.762 | 4.2899 | 7.6707 | 11211.928 | 13801.065 | 48.535 | 1.2 | 1374.957 | 3.178 | 28.947 | | -1.617 | AA- | Aa3 | A+ | AA+ |
| Hungary | Hungary | Overweight | 3.35 | -7.00 | | | 2.7 | 4.0916 | | 126.691 | 25895.111 | 26.588 | 1.7 | 9.857 | 4.764 | 46.197 | 70.486 | -2.275 | BB | Ba1 | BB+ | BBB- |
| Poland | Poland | Underweight | 2.28 | -12.00 | | | 3.483 | 3.6866 | | 491.239 | 26210.055 | 18.887 | 0.363 | 38.019 | -1.804 | 39.071 | 23.757 | -2.824 | A- | A2 | A- | A- |
| South Africa | South Africa | Underweight | 4.29 | -31.00 | 4.36 | -20.00 | 2.002 | 3.6356 | 1.4357 | 323.809 | 13215.434 | 16.158 | 5 | 54.86 | -4.568 | 28.313 | 42.549 | -3.704 | BBB- | Baa1 | BBB | A |
| Venezuela | Venezuela | Underweight | 27.01 | -45.00 | 29.84 | -86.00 | -7 | 3.5080 | 3.3616 | 169.673 | 16346.471 | 15.336 | 94.907 | 30.933 | -4.681 | 22.635 | | | B | B2 | B+ | BB+ |
| Peru | Peru | Overweight | 3.44 | -4.00 | 2.85 | -37.00 | 3.809 | 3.2184 | 1.3003 | 190.268 | 12187.362 | 21.998 | 2.203 | 31.911 | -4.576 | 21.041 | 4.945 | -1.036 | BBB+ | A3 | BBB+ | BBB+ |
| Kazakhstan | Kazakhstan | Overweight | 4.68 | 5.00 | 4.66 | 6.00 | 2.025 | 3.0941 | 2.3742 | 203.14 | 24359.642 | 26.479 | 4.892 | 17.683 | -4.071 | 20.812 | -18.134 | | BBB+ | Baa2 | BBB | BBB- |
| Croatia | Croatia (Hrvatska) | Overweight | 4.08 | -7.00 | | | 0.45 | 3.0620 | | 48.874 | 21169.425 | 19.622 | -0.604 | 4.236 | 2.21 | 42.611 | | -3.216 | BB+ | Baa3 | BBB | BBB- |
| Lebanon | Lebanon | Underweight | 6.37 | -14.00 | | | 2.5 | 3.0367 | | 54.671 | 18422.45 | -0.776 | 3 | 4.554 | -22.216 | 19.636 | 123.832 | -12.039 | B | B1 | B | |
| Ukraine | Ukraine | Underweight | 8.07 | -29.00 | | | -5.548 | 2.6030 | | 85.44 | 8277.601 | 10 | 26.65 | 42.685 | -1.424 | 42.84 | 91.482 | -3.161 | BBB- | Caa1 | CCC | B- |
| Argentina | Argentina | Overweight | 6.11 | -26.00 | 6.72 | -6.00 | -0.311 | 2.1116 | 0.2414 | 563.138 | 22458.847 | 15.754 | 20.543 | 42.434 | -1.715 | 35.667 | | -4.1 | SD | Caa1 | RD | D |
| Lithuania | Lithuania | Underweight | 2.15 | -15.00 | | | 2.849 | 2.0399 | | 42.642 | 28210.268 | 19.555 | 0.483 | 2.929 | 0.213 | 32.72 | 17.18 | -1.282 | A- | Baa1 | A- | BBB- |
| Romania | Romania | Underweight | 3.30 | -8.00 | | | 2.7 | 2.0348 | | 189.747 | 20526.448 | 22.625 | 2.174 | 19.826 | -1.113 | 32.037 | | -1.097 | BBB- | Baa3 | BBB- | BB+ |
| Chile | Chile | Overweight | 2.70 | -10.00 | 3.43 | -17.00 | 2.711 | 1.8504 | 2.5142 | 250.472 | 23556.26 | 19.604 | 2.864 | 18.006 | -1.154 | 23.379 | -2.668 | -2.242 | AA- | Aa3 | A+ | AA |
| Uruguay | Uruguay | Underweight | 3.97 | 2.00 | | | 2.8 | 1.7719 | | 56.845 | 21246.893 | 17.272 | 7.426 | 3.416 | -3.842 | 30.136 | 23.755 | -3.385 | BBB- | Baa2 | BBB- | BB+ |
| Serbia | Serbia | Underweight | 3.61 | -8.00 | | | -0.5 | 1.6753 | | 40.665 | 13380.349 | 13.643 | 4.2 | 7.164 | -4.736 | 38.708 | 72.789 | -4.103 | BB- | B1 | B+ | BB- |
| Malaysia | Malaysia | Overweight | 3.44 | -4.00 | 2.24 | 5.00 | 4.8 | 1.5397 | 0.9447 | 327.89 | 25631.553 | 30.017 | 2.7 | 30.776 | 2.107 | 22.853 | | -3.973 | A- | A3 | A- | A+ |
| Dominican Republic | Dominican Republic | Underweight | 5.05 | -30.00 | | | 5.1 | 1.4312 | | 66.199 | 13554.203 | 17.883 | 3.042 | 10.792 | -2.436 | 14.79 | | -2.701 | B+ | B1 | B | |
| Panama | Panama | Underweight | 2.87 | -11.00 | | | 6.103 | 1.3760 | | 47.478 | 20418.014 | 18.892 | 2.4 | 4.006 | -10.408 | 22.783 | 40.36 | -1.422 | BBB | Baa2 | BBB | A- |
| Sri Lanka | Sri Lanka | Underweight | 5.40 | -43.00 | | | 6.5 | 1.3138 | | 80.591 | 11068.996 | 25.9 | 3.231 | 21.107 | -2.033 | 13.333 | | | B+ | B1 | BB- | B+ |
| Iraq | Iraq | Overweight | 9.82 | -36.00 | | | 1.315 | 0.8345 | | 173.819 | 14448.114 | 14.805 | 3 | 36.977 | -9.571 | 40.93 | | | | | | |
| C?te dIvoire | Cote D'Ivoire (Ivory Coast) | Overweight | 6.19 | -39.00 | | | | 0.8122 | | | | | | | | | | | | | | |
| Latvia | Latvia | Underweight | | | | | 2.298 | 0.7538 | | 28.362 | 24540.593 | 21.474 | 1.649 | 2.026 | -2.207 | 35.095 | 34.826 | -1.192 | A- | Baa1 | A- | BB |
| Ecuador | Ecuador | Overweight | 10.20 | -14.00 | | | 1.886 | 0.7233 | | 102.663 | 11379.644 | 23.701 | 3.002 | 16.279 | -3.299 | 33.946 | | -3.881 | B+ | Caa1 | B | B- |
| Azerbaijan | Azerbaijan | Overweight | 5.08 | -25.00 | 5.45 | 3.00 | 0.631 | 0.6998 | | 62.199 | 17745.178 | 28.188 | 8.894 | 9.459 | 5.319 | 29.501 | | | BBB- | Baa3 | BBB- | |
| Costa Rica | Costa Rica | Underweight | 5.89 | -28.00 | | | 3.8 | 0.6305 | | 52.8 | 15365.772 | 13.649 | 4 | 4.837 | -3.64 | 13.806 | 42.378 | | BB | Baa3 | BB+ | |
| Pakistan | Pakistan | Underweight | 5.79 | -28.00 | | | 4.3 | 0.6084 | | n/a | 4886.279 | 13.78 | 4 | 190.008 | -1.294 | 14.849 | 60.825 | | B- | Caa1 | | CCC |
| Kenya | Kenya | Underweight | 7.38 | -52.00 | | | 6.856 | 0.5960 | | 65.899 | 3238.514 | 16.525 | 5.216 | 44.076 | -7.658 | 21.282 | 47.397 | | B+ | | B+ | B |
| Slovak Republic | Slovak Republic | Overweight | 1.74 | -5.00 | | | 2.881 | 0.5394 | | 87.528 | 29209.564 | 20.947 | 0.714 | 5.424 | 0.408 | 38.452 | | -1.903 | | | | |
| Gabon | Gabon | Overweight | 8.16 | -82.00 | | | 4.429 | 0.5141 | | 15.027 | 23811.52 | 28.576 | 2.5 | 1.608 | -2.346 | 22.964 | | | BB- | | BB- | |
| Morocco | Morocco | Underweight | 2.87 | -36.00 | 4.40 | -17.00 | 4.365 | 0.4959 | 0.8213 | 102.044 | 7931.324 | 30.072 | 1.5 | 33.503 | -3.416 | 27.019 | 65.029 | -5.663 | BBB- | Ba1 | BBB- | BBB |
| Angola | Angola | Overweight | 10.08 | -53.00 | | | 4.497 | 0.4038 | | 106.149 | 7373.035 | 2.872 | 9 | 25.115 | -6.346 | 25.606 | | | BB- | Ba3 | BB- | BB- |
| Zambia | Zambia | Overweight | 10.23 | -52.00 | | | 6.738 | 0.3898 | | 28.445 | 4235.658 | 31.179 | 7 | 15.52 | 0.273 | 18.029 | 31.923 | | B+ | | B+ | |
| Vietnam | Vietnam | Underweight | 4.03 | -17.00 | | | 6 | 0.3652 | | 204.493 | 5963.68 | 31.961 | 3.1 | 91.578 | 4.8 | 20.699 | 62.214 | | BB- | B1 | B+ | B+ |
| El Salvador | El Salvador | Underweight | 7.88 | -13.00 | | | 2.5 | 0.3593 | | 26.152 | 8260.988 | 10.344 | 0.6 | 6.377 | -4.33 | 18.043 | | | BB- | Ba2 | BB- | |
| Paraguay | Paraguay | Underweight | 5.28 | -12.00 | | | 3.992 | 0.3517 | | 30.754 | 8716.526 | 14.554 | 4.5 | 7.017 | -1.725 | 24.337 | | -1.171 | BB- | B1 | | B+ |
| Egypt | Egypt | Underweight | 6.02 | -28.00 | | | 4.041 | 0.3465 | | n/a | 11193.504 | 11.289 | 11 | 88.434 | -3.278 | 23.443 | 83.002 | -11.518 | CCC+ | Caa1 | B- | B- |
| Ghana | Ghana | Underweight | 9.91 | -52.00 | | | 3.49 | 0.3177 | | 39.219 | 4204.127 | 16.559 | 12 | 26.886 | -7.036 | 19.204 | 67.471 | | B | | B+ | B |
| Mongolia | Mongolia | Overweight | 7.01 | -117.00 | | | 4.445 | 0.2127 | | 12.455 | 12335.303 | 21.512 | 7.975 | 2.969 | -11.075 | 25.442 | | | BB- | B1 | B+ | BB- |
| Hong Kong | Hong Kong | Underweight | | | | | | | 3.0607 | | | | | | | | | | AAA | Aa1 | AA+ | AAA |
| India | India | Underweight | | | 4.03 | -18.00 | 7.46 | | 4.8582 | 2308.018 | 6265.635 | 30.805 | 5.819 | 1276.267 | -1.274 | 19.495 | | -7.071 | BBB- | Baa3 | BBB- | BBB+ |
| Israel | Israel | Underweight | | | 3.52 | -8.00 | 3.524 | | 1.0819 | 306.873 | 33495.17 | 22.669 | 0.684 | 8.371 | 4.49 | 37.273 | 64.354 | -3.502 | A+ | A1 | A | A- |
| Jamaica | Jamaica | Underweight | 5.68 | -26.00 | 12.81 | -67.00 | 1.675 | | 0.7938 | 13.85 | 8783.89 | 12.584 | 7 | 2.814 | -5.035 | 27.09 | | | CCC+ | B3 | B- | |
| Korea | Korea (South) | Overweight | | | 2.09 | 5.00 | 3.281 | | 7.9303 | 1435.076 | 36601.073 | 35.135 | 2.575 | 50.641 | 7.118 | 21.365 | 36.344 | 0.41 | | | | |
| Qatar | Qatar | Overweight | | | 2.63 | -12.00 | 7.127 | | 2.0557 | 196.964 | 143532.446 | 53.31 | 1.78 | 2.414 | 8.359 | 40.113 | 18.13 | | AA | Aa2 | | AA- |
| Singapore | Singapore | Overweight | | | | | 3.031 | | 2.8012 | 296.057 | 85198.159 | 49.271 | 0.807 | 5.523 | 20.662 | 22.392 | | 1.456 | AAA | Aaa | AAA | AAA |
| Thailand | Thailand | Underweight | | | 2.38 | 13.00 | 3.712 | | 2.0484 | 386.291 | 14979.832 | 31.515 | 2.056 | 68.838 | 4.423 | 22.727 | | -1.418 | BBB+ | Baa1 | BBB+ | BBB |
| United Arab Emirates | United Arab Emirates | Overweight | | | 3.18 | -4.00 | 3.154 | | 4.3014 | 363.707 | 65149.039 | 28.244 | 2.2 | 9.581 | 5.3 | 30.651 | -253.283 | | | Aa2 | | BBB+ |
