Market data

The source and date behind each rate, price and return on this site. Policy rates and exchange rates are updated four times a day from official sources.

Last read 2 Nov 2026, 19:48 UTC.

Policy rates and exchange rates

Each yieldcoin pays its central bank's policy rate. Exchange rates are official fixings in local currency per US dollar; a cross through the euro or the tenge is marked as derived. Volatility is computed from the last 90 daily fixings, annualised.

MarketPolicy ratePer US dollarInflation, y/yVolatility, 90 days
TurkeyTRY · Central Bank of the Republic of Türkiye36.00%One-week repo rate, Central Bank of the Republic of Türkiye
23 Oct 2026 · BIS
49.96812 Nov 2026 · ECBDerived: EUR/TRY 56.0442 ÷ EUR/USD 1.1216.29.7%Sep 2026 · BIS1.4%To 2 Nov 2026 · ECB
BrazilBRL · Central Bank of Brazil13.75%Selic target rate, Central Bank of Brazil
27 Oct 2026 · BIS
5.43782 Nov 2026 · ECBDerived: EUR/BRL 6.099 ÷ EUR/USD 1.1216.4.6%Sep 2026 · BIS21.6%To 2 Nov 2026 · ECB
MexicoMXN · Bank of Mexico6.50%Target overnight rate, Bank of Mexico
27 Oct 2026 · BIS
18.72002 Nov 2026 · ECBDerived: EUR/MXN 20.9963 ÷ EUR/USD 1.1216.3.5%Sep 2026 · BIS8.0%To 2 Nov 2026 · ECB
ColombiaCOP · Central Bank of Colombia12.25%Policy rate (one-day repo), Central Bank of Colombia
23 Oct 2026 · BIS
3,185.0123 Oct 2026 · BIS6.3%Sep 2026 · BIS12.3%To 23 Oct 2026 · BIS
ArgentinaARS · Central Bank of Argentina24.13%TAMAR, private banks (Argentina has had no policy rate since July 2025)
29 Oct 2026 · BCRA
1,537.3530 Oct 2026 · BCRA33.5%Sep 2026 · BIS4.2%To 30 Oct 2026 · BCRA
ChileCLP · Central Bank of Chile4.50%Monetary policy rate, Central Bank of Chile
27 Oct 2026 · BIS
994.2927 Oct 2026 · BIS4.1%Sep 2026 · BIS9.5%To 27 Oct 2026 · BIS
PeruPEN · Central Reserve Bank of Peru4.25%Monetary policy rate, Central Reserve Bank of Peru
27 Oct 2026 · BIS
3.441026 Oct 2026 · BIS4.5%Sep 2026 · BIS7.8%To 26 Oct 2026 · BIS
KazakhstanKZT · National Bank of Kazakhstan15.75%Base rate, National Bank of Kazakhstan decision
27 Oct 2026 · National Bank of Kazakhstan
The bank's latest published decision; next decision 4 Dec 2026.
453.643 Nov 2026 · NBKNot published by the BISNo daily series
EgyptEGP · Central Bank of Egypt20.00%Overnight deposit rate, Central Bank of Egypt MPC decision, as reported
29 Oct 2026 · Central Bank of Egypt
The bank's latest published decision; next decision 17 Dec 2026.
55.38953 Nov 2026 · NBKDerived: KZT/USD 453.64 ÷ KZT/EGP 8.19.Not published by the BISNo daily series
NigeriaNGN · Central Bank of Nigeria23.00%Monetary policy rate, Central Bank of Nigeria MPC decision
22 Sep 2026 · Central Bank of Nigeria
The bank's latest published decision.
1,347.442 Nov 2026 · CBNNot published by the BIS4.9%To 2 Nov 2026 · CBN
South AfricaZAR · South African Reserve Bank7.25%Repo rate, South African Reserve Bank
26 Oct 2026 · BIS
16.63862 Nov 2026 · ECBDerived: EUR/ZAR 18.6619 ÷ EUR/USD 1.1216.4.5%Sep 2026 · BIS8.6%To 2 Nov 2026 · ECB
IndiaINR · Reserve Bank of India5.50%Repo rate, Reserve Bank of India
19 Oct 2026 · BIS
94.90952 Nov 2026 · ECBDerived: EUR/INR 106.4505 ÷ EUR/USD 1.1216.5.5%Sep 2026 · BIS4.2%To 2 Nov 2026 · ECB
IndonesiaIDR · Bank Indonesia5.75%BI rate (seven-day reverse repo), Bank Indonesia
19 Oct 2026 · BIS
18,136.102 Nov 2026 · ECBDerived: EUR/IDR 20341.45 ÷ EUR/USD 1.1216.3.3%Sep 2026 · BIS5.2%To 2 Nov 2026 · ECB
PhilippinesPHP · Bangko Sentral ng Pilipinas5.50%Policy rate (overnight reverse repo), Bangko Sentral ng Pilipinas
23 Oct 2026 · BIS
63.54672 Nov 2026 · ECBDerived: EUR/PHP 71.274 ÷ EUR/USD 1.1216.7.2%Sep 2026 · BIS3.7%To 2 Nov 2026 · ECB
ChinaCNY · People's Bank of China3.00%Loan prime rate, one year, People's Bank of China
19 Oct 2026 · BIS
6.64832 Nov 2026 · ECBDerived: EUR/CNY 7.4567 ÷ EUR/USD 1.1216.0.9%Sep 2026 · BIS1.2%To 2 Nov 2026 · ECB
PolandPLN · National Bank of Poland3.75%Reference rate, National Bank of Poland
27 Oct 2026 · BIS
3.93952 Nov 2026 · ECBDerived: EUR/PLN 4.4185 ÷ EUR/USD 1.1216.4.0%Sep 2026 · BIS6.9%To 2 Nov 2026 · ECB
HungaryHUF · Magyar Nemzeti Bank5.50%Base rate, Magyar Nemzeti Bank
21 Oct 2026 · BIS
324.982 Nov 2026 · ECBDerived: EUR/HUF 364.5 ÷ EUR/USD 1.1216.1.6%Sep 2026 · BIS9.6%To 2 Nov 2026 · ECB
RomaniaRON · National Bank of Romania6.50%Policy rate, National Bank of Romania
27 Oct 2026 · BIS
4.76152 Nov 2026 · ECBDerived: EUR/RON 5.3405 ÷ EUR/USD 1.1216.6.6%Sep 2026 · BIS5.5%To 2 Nov 2026 · ECB

US dollar rates

The benchmarks the local rates are set against.

RateValueSeriesAs ofSource
13-week Treasury bill4.08%13-week bill, coupon equivalent30 Oct 2026US Treasury
Federal funds rate3.875%Federal funds target range, midpoint, Federal Reserve27 Oct 2026BIS

EM Bond Fund underlying

The iShares J.P. Morgan $ EM Bond UCITS ETF, USD (Acc), from BlackRock's September 2026 factsheet. The site shows the yield to worst as the yield to maturity; BlackRock's glossary equates the two for callable bonds. Breakdowns and the ten largest bonds are from the fund's holdings download of 1 October 2026.

FigureValueAs of
Yield to worst7.16%5 Oct 2026
Effective duration6.28 years5 Oct 2026
Weighted average maturity10.46 years5 Oct 2026
Number of holdings6165 Oct 2026
Standard deviation, 3 years7.00%5 Oct 2026
Beta, 3 years1.005 Oct 2026
Net assets of fund$8,203.57m30 Sep 2026
Net assets of share class$2,571.31m30 Sep 2026
Total expense ratio0.45%30 Sep 2026
Return, 1 year+0.8%30 Sep 2026
Return, 3 years annualised+8.9%30 Sep 2026

Carry returns, 2023 to 2025

The return on a US dollar placed in each currency at the central bank's policy rate, converted back at the year's end. Computed 28 Oct 2026 from official data under one method. Policy rates are benchmarks, not deposit rates open to a foreign investor; returns leave out costs, taxes and capital controls.

Market2025, local2025, US dollars2023 to 2025, US dollarsConfidenceNotes
TurkeyTRY+54.0%+26.8%+31.7%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • From 20 March 2025 the central bank funded banks at its overnight lending rate (46%, then 49%), above the one-week repo rate used here, so 2025 is likely understated.
BrazilBRL+15.5%+30.4%+42.1%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • With IMF month-end exchange rates, the 2023 to 2025 US-dollar return is 39.6%.
MexicoMXN+8.7%+25.5%+47.4%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • With IMF month-end exchange rates, the 2025 US-dollar return is 22.7%.
ColombiaCOP+9.8%+28.8%+79.5%High
Sources
  • Rate: BIS central bank policy rates.
  • Exchange rate: Banco de la República TRM, via the BIS.
ArgentinaARS+42.9%+1.1%-17.5%Low, see note
Sources and 3 notes
  • Rate: BIS policy rate to 10 July 2025, then the BCRA's TAMAR rate.
  • Exchange rate: BCRA wholesale reference rate (Com. A 3500).
  • The central bank stopped setting a policy rate on 10 July 2025. From 11 July the rate is TAMAR, the private-bank rate on large 30-day deposits, which ran well above the last policy rate of 29%.
  • Rates above 100% a year in 2023, compounded daily, overstate the return.
  • Capital controls kept the official exchange rate out of reach of foreign investors in 2023, so the 2023 US-dollar return could not have been earned.
ChileCLP+5.0%+14.3%+17.0%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: Banco Central de Chile dólar observado, via the BIS.
  • No fixing is published for 31 December; the last fixing of the year is used.
PeruPEN+4.6%+17.1%+35.5%High
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: Central Reserve Bank of Peru, via the BIS.
  • No fixing for 31 December 2024; 30 December is used.
KazakhstanKZT+18.0%+23.0%+48.5%Medium
Sources and 1 note
  • Rate: National Bank of Kazakhstan decisions.
  • Exchange rate: National Bank of Kazakhstan official rate.
  • Policy rate history compiled from the National Bank of Kazakhstan's published decisions.
EgyptEGP+27.9%+36.3%+4.2%Low, see note
Sources and 3 notes
  • Rate: Central Bank of Egypt decisions, as reported, checked against the IMF.
  • Exchange rate: IMF, from Central Bank of Egypt official rates.
  • Policy rate history compiled from reported Central Bank of Egypt decisions. The rate used is the main operation rate, 0.5 points above the overnight deposit rate.
  • Exchange rates are IMF December month-end official rates.
  • Before the float of 6 March 2024 the official rate was a peg with rationed access to dollars, so the 2023 US-dollar return could not have been earned; the devaluation falls in 2024.
NigeriaNGN+31.5%+40.6%-36.7%Low, see note
Sources and 2 notes
  • Rate: Central Bank of Nigeria decisions, checked against the IMF.
  • Exchange rate: Central Bank of Nigeria official rate.
  • Policy rate history compiled from Central Bank of Nigeria decisions.
  • Before the June 2023 exchange-rate unification the official rate (448.55) sat far below the market rate, so the 2023 US-dollar return could not have been earned.
South AfricaZAR+7.5%+22.7%+29.5%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • With IMF month-end exchange rates, the 2025 US-dollar return is 21.3%.
IndiaINR+6.0%+0.9%+11.0%High
Sources
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
IndonesiaIDR+5.5%+2.2%+10.1%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • With IMF month-end exchange rates, the 2023 US-dollar return is 8.1%.
PhilippinesPHP+5.4%+3.8%+12.7%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • With IMF month-end exchange rates, the 2023 to 2025 US-dollar return is 14.0%.
ChinaCNY+3.1%+7.5%+8.9%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • The BIS series for China is the one-year loan prime rate, about 1.5 points a year above the central bank's operating rate, so the return is overstated. Onshore yuan is capital-controlled.
PolandPLN+5.2%+20.5%+45.3%High
Sources
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
HungaryHUF+6.7%+28.9%+50.1%Medium
Sources and 1 note
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.
  • Until 27 September 2023 the effective rate was the one-day deposit tender (18%, falling to 14%), above the 13% base rate used here, so 2023 is understated.
RomaniaRON+6.7%+17.8%+31.0%High
Sources
  • Rate: BIS central bank policy rates.
  • Exchange rate: ECB euro reference rates, crossed to the US dollar.

Method: each day of the year earns that day's policy rate divided by 365, compounded daily. The US dollar is converted into the currency at the official fixing on the last day of the year before and converted back at the last fixing of the year. The 2023 to 2025 figure runs from 31 December 2022 to 31 December 2025. Costs, spreads, taxes, withholding, capital-control frictions and credit risk are left out. A year is added once it closes and each source has published its 31 December figures.