Emerging Markets Bond Index in Latin America and the Caribbean 2023, by country

The Emerging Markets Bond Index (EMBI+), commonly known as "riesgo país" in Spanish speaking countries, is a weighted capitalization market benchmark that measures the financial returns obtained each day by a selected portfolio of government bonds from emerging countries. It is measured in base points, which reflect the difference between the return rates paid by emerging countries' government bonds and those offered by U.S. government securities, considered a safety benchmark. In 2023, Venezuela had the highest EMBIG, amounting to more than 21,422 points. Bolivia followed second, with an index of over 2,200. In the same period, the Latin American economies with the lowest sovereign risk was Uruguay and Chile, with EMBIG levels below 140 basis points.

新兴市场债券指数（EMBI+），在西班牙语国家通常被称为“国家风险”，是一项以市值加权的资本市场基准指数，用以衡量所选新兴国家政府债券组合每日所获得的财务回报。该指数以基点为单位进行衡量，反映了新兴国家政府债券的回报率与美国政府证券的回报率之间的差异，后者被视为安全基准。截至2023年，委内瑞拉拥有最高的EMBI+指数，超过21,422点。玻利维亚紧随其后，指数超过2,200点。在同一时期，拉丁美洲国家中主权风险最低的是乌拉圭和智利，其EMBI+水平低于140个基点。