Costa Rica government bonds
Costa Rica's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 15 | 135 bp | 126 bp | 10.6% | +16 bp | 6.30% | $407.1M |
| EUR Euro bonds of non-euro countries | vs German Bunds | 5 | 218 bp | 219 bp | 16.6% | -3 bp | 5.39% | $15.0M |
| CRC Other foreign-currency bonds | own currency: yield only, no default number | 5 | — | — | — | — | 6.59% | $10.2M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
EUR spread history
Median spread vs German Bunds, month-ends with complete filings. Fund-reported.
Costa Rica's CRC curve
Yield to maturity of each CRC bond US funds hold (5 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Costa Rica's EUR curve
Yield to maturity of each EUR bond US funds hold (6 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Costa Rica's USD curve
Yield to maturity of each USD bond US funds hold (15 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Costa Rica's debt
Fund series holding Costa Rica's government and government-related bonds in their latest quarterly report: 249 now, 208 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| PIMCO Income Fund | 2026-06-30 | 1 | $169.0M | $203.2M |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 5 | $137.2M | $144.8M |
| T. Rowe Price Emerging Markets Bond Fund | 2026-06-30 | 6 | $68.7M | $78.8M |
| MFS Emerging Markets Debt Fund | 2026-07-31 | 3 | $70.3M | $75.4M |
| GMO Emerging Country Debt Fund | 2026-05-31 | 4 | $42.9M | $49.7M |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | 2026-06-30 | 3 | $38.0M | $45.8M |
| Fidelity New Markets Income Fund | 2026-06-30 | 5 | $38.4M | $40.0M |
| Invesco Emerging Markets Sovereign Debt ETF | 2026-07-31 | 3 | $38.7M | $39.3M |
| VANGUARD EMERGING MARKETS BOND FUND | 2026-06-30 | 4 | $34.0M | $37.3M |
| VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 6 | $35.0M | $36.6M |
| PIMCO Multisector Bond Active Exchange-Traded Fund | 2026-06-30 | 3 | $28.4M | $34.5M |
| PIMCO Emerging Markets Bond Fund | 2026-06-30 | 4 | $27.5M | $32.9M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | 1 | $20.2M | $22.9M |
| Strategic Advisers Fidelity Core Income Fund | 2026-05-31 | 5 | $20.8M | $21.6M |
| Six Circles Credit Opportunities Fund | 2026-06-30 | 5 | $16.4M | $18.7M |
| T. Rowe Price International Bond Fund (USD Hedged) | 2026-06-30 | 1 | $15.2M | $18.3M |
| BlackRock Strategic Income Opportunities Portfolio | 2026-06-30 | 3 | $15.4M | $17.2M |
| Neuberger Strategic Income Fund | 2026-07-31 | 7 | $4.35B | $17.2M |
| PIMCO Low Duration Income Fund | 2026-06-30 | 1 | $13.2M | $15.9M |
| PIMCO Emerging Markets Local Currency and Bond Fund | 2026-06-30 | 3 | $12.9M | $15.6M |
ETFs holding Costa Rica's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 5 | $144.8M | 0.99% |
| PCY Invesco Emerging Markets Sovereign Debt ETF | 2026-07-31 | 3 | $39.3M | 2.84% |
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 6 | $36.6M | 0.55% |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 5 | $9.7M | 1.55% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 6 | $8.7M | 0.02% |
| JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF | 2026-07-31 | 6 | $6.9M | 1.61% |
| XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2026-07-31 | 2 | $5.8M | 0.69% |
| JPIB JPMorgan International Bond Opportunities ETF | 2026-05-31 | 2 | $4.6M | 0.23% |
| BOND PIMCO Active Bond Exchange-Traded Fund | 2026-06-30 | 2 | $4.6M | 0.05% |
| VSDB VANGUARD SHORT DURATION BOND ETF | 2026-06-30 | 1 | $3.3M | 0.37% |
| EMBD Global X Emerging Markets Bond ETF | 2026-05-31 | 2 | $3.0M | 1.17% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $2.2M | 0.02% |
| EMHC State Street(R) SPDR(R) Bloomberg Emerging Markets USD Bond ETF | 2026-06-30 | 6 | $2.1M | 0.78% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 4 | $1.9M | 0.01% |
| JFLX JPMorgan Flexible Debt ETF | 2026-05-31 | 2 | $1.6M | 0.12% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.