10 November 2026
Service Manager :  Sineerat (0-2257-0357 # 301)
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Bond Market Overview
 
Background
The Thai bond market has grown rapidly in recent years after the 1997's economic crisis. To help support cash-strapped financial institutions, in June1998 the government issued government bonds for the first time in the decade. The total amount of government bonds issued under this program was THB 500 billion and this has opened a new era for the Thai bond market. The government continued to issue bonds since then with the primary objective to finance budget deficit resulted from the crisis. The substantial amount of new government bonds coupled with successively downtrend of interest rates have contributed to the robust of the bond market as evidenced by a significant increase in both market size and trading volume. The outstanding value of total bond market increased from THB 547 billion in 1996 to 498 issues worth THB 1,507 billion at the end of 2001. Trading volume in the secondary market rose from a daily average of only THB 822 million in 1996 to THB 6,472 million in 2001.
Remark: 1. Data excludes FX Bond.
2. The yield on Inflation-linked bond is a real yield to maturity.

Market Wrap up
Total trading value increased by 3%.SA gained the major portion or by 49% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -7 to 12 bp.Govt clean price index ended higher by 24 bp and corp index (BBB up) closed higher by 12 bp.The most active issue was CB27211A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,395,589.41   -0.04  
 Number of issues 2,769  
 Total Trading Value 1,385,707.35   3.05  
   Outright/Cash Trading 137,585.57   76.69  
   Financing 1,245,777.68   -1.5  
   Others 2,344.10   16.7  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 667,955,971.94  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.70 0.24 107.74 0.25 354.15 0.81 2.55   8.21   143.02  
    Group 1 ( 1 < TTM <=3 ) 71.21 0.01 71.77 0.01 232.71 0.05 1.20   1.87   4.81  
    Group 2 ( 3 < TTM <= 7 ) 107.20 0.14 108.11 0.15 341.40 0.48 1.54   4.24   22.05  
    Group 3 ( 7 < TTM <= 10 ) 141.24 0.58 142.39 0.59 465.81 1.93 1.88   7.86   70.39  
    Group 4 ( 10 < TTM ) 174.25 0.6 176.41 0.62 591.65 2.07 2.90   14.57   314.06  
    Group 5 (<= 10) 89.54 0.12 90.24 0.13 289.05 0.41 1.63   3.79   24.17  
SOE (G) Bond Index 103.39 0.12 104.01 0.12 203.14 0.24 1.87   4.65   33.87  
SOE (NG) Bond Index 110.84 0.26 111.67 0.27 234.49 0.56 2.37   5.43   47.04  
Corporate Bond Index (BBB up) 108.28 0.12 108.91 0.13 240.84 0.29 2.44   3.05   16.59  
Corporate Bond Index (BBB+ up) 108.64 0.12 109.29 0.13 240.59 0.3 2.40   3.11   17.11  
 
Top 5 Most Active Bond                                                                                                                  
 BondType/
Issue Rating
Coupon Rate
(%)
Maturity
Date
TTM
(Years)
Last
Exec.Yield(%)
Weight
Avg.Price(%)
Trading Value
(THB mln.)
1.  CB27211A SA 0.00000   11-Feb-27 0.25   0.766799   99.809195   53,390.93  
2.  LB313A GB 1.34000   17-Mar-31 4.35   1.488611   99.382217   7,722.94  
3.  ESGLB376A GB 3.39000   17-Jun-37 10.61   2.123706   111.952581   6,298.15  
4.  TB27505A TB 0.00000   05-May-27 0.48   0.830000   99.602223   5,769.96  
5.  LB463A GB 3.22000   17-Mar-46 19.36   2.885402   104.944605   5,530.21  
 
 
 
 Market News
< 1001 | 1002 | 1003 | 1004 | 1005 | 1006 | 1007 | 1008 | 1009 | 1010 |   >
Found 66533 headlines
No. Date/Time Headlines
15121.       20-Jul-21 10:48     TRIS RATING CANCELS COMPANY RATING ON “DMT”
15122.       20-Jul-21 10:45     TRIS RATING ASSIGNS “A-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB10 BILLION OF “BCPG”, WITH “
15123.       20-Jul-21 10:22     Central Bank Bill Auction Results: CB21O21A
15124.       19-Jul-21 15:07     TRIS RATING AFFIRMS COMPANY RATING ON “ICC” AT “AA-” WITH “STABLE” OUTLOOK
15125.       19-Jul-21 10:23     Treasury Bill Auction Results: TB22119A
15126.       16-Jul-21 09:21     TRIS RATING ASSIGNS “A+” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “TU”, REPLACING
15127.       16-Jul-21 09:13     Fitch Affirms Standard Chartered Bank (Thai) at 'A-'; Outlook Negative
15128.       15-Jul-21 13:19     TRIS RATING ASSIGNS “BBB+” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB4 BILLION OF “MTC”, WITH “STABLE” OUTLOOK
15129.       15-Jul-21 11:58     Central Bank Bill Auction Results: CBF22718A (update)
15130.       15-Jul-21 11:17     GLOW inform to exercise call option on its debenture (GLOW259A).
15131.       14-Jul-21 11:36     Loan Bond Auction Results: ESGLB35DA, LB276A
15132.       14-Jul-21 08:00     Company name and abbreviation of UA WITHYA PUBLIC COMPANY LIMITED has been changed.
15133.       13-Jul-21 10:03     Central Bank Bill Auction Results: CB21O14A
15134.       13-Jul-21 09:30     Company name and abbreviation of BANGKOK MITSUBISHI UFJ LEASE COMPANY LIMITED has been changed.
15135.       12-Jul-21 17:02     TRIS RATING PLACES “NEGATIVE” CREDITALERT IMPLICATION ON COMPANY & SENIOR UNSECURED DEBT RATINGS ON
 
 
Disclamer