Decommissioned
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.
Country and Sectors Weightings
Country and Sector weightings are based on the weightings of all index components in a certain country or sector.
| Country | Components | Weight |
| Czechia | 14 | 3.90% |
| Hungary | 18 | 3.19% |
| Poland | 15 | 6.87% |
| Serbia | 5 | 0.40% |
| Turkey | 11 | 1.28% |
| Indonesia | 40 | 10.33% |
| Israel | 15 | 5.69% |
| Malaysia | 61 | 10.16% |
| Philippines | 1 | 0.08% |
| Thailand | 37 | 10.05% |
| Brazil | 9 | 8.53% |
| Chile | 8 | 1.63% |
| Colombia | 11 | 3.70% |
| Dominican Republic | 2 | 0.20% |
| Mexico | 13 | 9.33% |
| Nigeria | 14 | 1.67% |
| Russia | 25 | 6.93% |
| South Africa | 12 | 8.75% |
| Croatia | 5 | 0.55% |
| Ghana | 1 | 0.07% |
| Kazakhstan | 3 | 0.21% |
| Peru | 15 | 2.85% |
| Romania | 18 | 2.65% |
| Saudi Arabia | 3 | 0.61% |
| Sri Lanka | 3 | 0.18% |
| Ukraine | 1 | 0.10% |
| Uruguay | 1 | 0.07% |
| Total | 361 | 100.00% |
| Sector | Components | Weight |
| Financial | 1 | 0.06% |
| Government | 360 | 99.94% |
| Total | 361 | 100.00% |
