MVIS® EM Sovereign Bond (Local FX) Index

The MVIS EM Sovereign Bond (Local FX) Index (MVEMSL) tracks the performance of emerging markets sovereign bonds denominated in local currency. MVEMSL is a modified market cap-weighted index, and 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.

Components

The MVIS® EM Sovereign Bond (Local FX) Index counts currently 361 components. The full list of the components with the respective weights (as of latest close) is available below.

Items 301-361 of total 361
Component Sub Index Coupon Maturity Country Weight
REPUBLICA ORIENT URUGUAY MVEMAG, MVEMSL8.25%21 May 2031UY0.07%
INDONESIA TREASURY BOND MVEMAG, MVEMSL8.38%15 Sep 2026ID0.45%
INDONESIA TREASURY BOND MVEMAG, MVEMSL8.38%15 Mar 2034ID0.51%
INDONESIA TREASURY BOND MVEMSL, MVEMAG8.38%15 Mar 2024ID0.48%
INDONESIA GOVERNMENT MVEMAG, MVEMSL8.38%15 Apr 2039ID0.21%
MEXICAN BONOS MVEMSL, MVEMAG8.50%31 May 2029MX0.95%
MEXICAN BONOS MVEMAG, MVEMSL8.50%18 Nov 2038MX0.71%
SOUTH AFRICA GOVERNMENT BOND MVEMAG, MVEMSL8.50%31 Jan 2037ZA0.75%
RUSSIA GOVT BOND - OFZ MVEMSL, MVEMAG8.50%17 Sep 2031RU0.22%
SOUTH AFRICA GOVERNMENT BOND MVEMAG, MVEMSL8.75%28 Feb 2048ZA1.09%
REPUBLIC OF SOUTH AFRICA MVEMAG, MVEMSL8.75%31 Jan 2044ZA0.65%
INDONESIA TREASURY BOND MVEMAG, MVEMSL8.75%15 Feb 2044ID0.11%
INDONESIA GOVER MVEMAG, MVEMSL8.75%15 May 2031ID0.26%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL8.80%27 Sep 2023TR0.07%
REPUBLIC OF SOUTH AFR MVEMAG, MVEMSL8.88%28 Feb 2035ZA0.73%
INDONESIA TREASURY BOND MVEMAG, MVEMSL9.00%15 Mar 2029ID0.36%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL9.00%24 Jul 2024TR0.10%
REPUBLIC OF SOUTH AFRICA MVEMAG, MVEMSL9.00%31 Jan 2040ZA0.51%
INDONESIA TREASURY BOND MVEMAG, MVEMSL9.50%15 Jul 2023ID0.09%
INDONESIA TREASURY BOND MVEMAG, MVEMSL9.50%15 Jul 2031ID0.11%
INDONESIA TREASURY BOND MVEMSL, MVEMAG9.50%15 May 2041ID0.07%
DOMINICAN REPUBLIC MVEMSL, MVEMAG9.75%05 Jun 2026DO0.09%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL9.80%24 Jul 2045NG0.05%
BRAZIL NOTAS DO TESOURO NACION MVEMAG, MVEMSL10.00%01 Jan 2023BR1.41%
COLOMBIAN TES MVEMSL, MVEMAG10.00%24 Jul 2024CO0.46%
INDONESIA TREASURY BOND MVEMSL, MVEMAG10.00%15 Sep 2024ID0.07%
INDONESIA TREASURY BOND MVEMAG, MVEMSL10.00%15 Feb 2028ID0.08%
MEXICAN BONOS MVEMAG, MVEMSL10.00%05 Dec 2024MX0.88%
MEXICAN BONOS MVEMAG, MVEMSL10.00%20 Nov 2036MX0.24%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL10.00%23 Jul 2030NG0.08%
NOTA DO TESOURO NACIONAL MVEMSL, MVEMAG10.00%01 Jan 2025BR1.15%
NOTA DO TESOURO NACIONAL MVEMAG, MVEMSL10.00%01 Jan 2027BR1.10%
NOTA DO TESOURO NACIONAL MVEMSL, MVEMAG10.00%01 Jan 2029BR0.62%
NOTA DO TESOURO NACIONAL MVEMAG, MVEMSL10.00%01 Jan 2031BR0.33%
INDONESIA TREASURY BOND MVEMAG, MVEMSL10.25%15 Jul 2027ID0.06%
INDONESIA TREASURY BOND MVEMAG, MVEMSL10.50%15 Jul 2038ID0.07%
INDONESIA TREASURY BOND MVEMSL, MVEMAG10.50%15 Aug 2030ID0.10%
SOUTH AFRICA GOVERNMENT BOND MVEMSL, MVEMAG10.50%21 Dec 2026ZA1.67%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL10.50%11 Aug 2027TR0.09%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL10.60%11 Feb 2026TR0.12%
INDONESIA TREASURY BOND MVEMAG, MVEMSL11.00%15 Sep 2025ID0.10%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL11.70%13 Nov 2030TR0.17%
DOMINICAN REPUBLIC BON MVEMAG, MVEMSL12.00%05 Mar 2032DO0.11%
NIGERIA GOVERNMENT BOND MVEMSL, MVEMAG12.15%18 Jul 2034NG0.16%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL12.20%18 Jan 2023TR0.13%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL12.40%18 Mar 2036NG0.13%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL12.40%08 Mar 2028TR0.05%
NIGERIA GOVERNMENT BOND MVEMSL, MVEMAG12.50%22 Jan 2026NG0.12%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL12.50%27 Mar 2035NG0.14%
TURKEY GOVERNMENT BOND MVEMAG, MVEMSL12.60%01 Oct 2025TR0.22%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL12.75%27 Apr 2023NG0.11%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL12.98%27 Mar 2050NG0.12%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL13.98%23 Feb 2028NG0.14%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL14.20%14 Mar 2024NG0.12%
NIGERIA GOVERNMENT BOND MVEMSL, MVEMAG14.55%26 Apr 2029NG0.11%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL14.80%26 Apr 2049NG0.15%
GOVERNMENT OF UKRAINE MVEMAG, MVEMSL15.84%26 Feb 2025UA0.10%
TURKEY GOVERNMENT BOND MVEMSL, MVEMAG16.20%14 Jun 2023TR0.15%
NIGERIA GOVERNMENT BOND MVEMAG, MVEMSL16.25%18 Apr 2037NG0.07%
NIGERIA GOVERNMENT BOND MVEMSL, MVEMAG16.29%17 Mar 2027NG0.17%
GHANA GOVERNMENT BOND MVEMAG, MVEMSL19.00%02 Nov 2026GH0.07%
Items 301-361 of total 361
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