11 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 6%.Govt gained the major portion or by 62% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of 1 to 22 bp.Govt clean price index ended lower by -21 bp and corp index (BBB up) closed lower by -8 bp.The most active issue was LB556A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,391,288.28   -0.02  
 Number of issues 2,768  
 Total Trading Value 1,467,151.86   5.88  
   Outright/Cash Trading 106,403.00   -22.66  
   Financing 1,358,679.29   9.06  
   Others 2,069.57   -11.71  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 664,140,011.55  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.50 -0.21 107.54 -0.2 353.49 -0.66 2.57   8.18   141.82  
    Group 1 ( 1 < TTM <=3 ) 71.22 0.01 71.78 0.02 232.76 0.05 1.19   1.86   4.80  
    Group 2 ( 3 < TTM <= 7 ) 107.17 -0.03 108.10 -0.02 341.34 -0.06 1.55   4.24   22.02  
    Group 3 ( 7 < TTM <= 10 ) 141.14 -0.1 142.30 -0.09 465.51 -0.3 1.89   7.86   70.31  
    Group 4 ( 10 < TTM ) 173.47 -0.79 175.64 -0.77 589.06 -2.59 2.93   14.52   311.90  
    Group 5 (<= 10) 89.53 -0.02 90.23 -0.01 289.01 -0.04 1.63   3.79   24.14  
SOE (G) Bond Index 103.22 -0.16 103.85 -0.16 202.83 -0.31 1.90   4.64   33.78  
SOE (NG) Bond Index 110.64 -0.2 111.48 -0.19 234.09 -0.41 2.40   5.42   46.90  
Corporate Bond Index (BBB up) 108.20 -0.08 108.84 -0.07 240.69 -0.15 2.47   3.05   16.59  
Corporate Bond Index (BBB+ up) 108.56 -0.08 109.21 -0.07 240.43 -0.16 2.43   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.  LB556A GB 4.00000   17-Jun-55 28.62   3.145648   116.026158   8,050.28  
2.  LB299A GB 1.30000   17-Sep-29 2.85   1.303818   99.994276   7,701.17  
3.  LB365A GB 1.84000   17-May-36 9.52   1.931604   99.207995   5,968.50  
4.  CBF26D28A SA 1.04596   28-Dec-26 0.13   0.965446   100.009265   5,558.68  
5.  CB27211A SA 0.00000   11-Feb-27 0.25   0.765546   99.809632   5,439.62  
 
 
 
 Market News
< 1221 | 1222 | 1223 | 1224 | 1225 | 1226 | 1227 | 1228 | 1229 | 1230 |   >
Found 66538 headlines
No. Date/Time Headlines
18406.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18407.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18408.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18409.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18410.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18411.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18412.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18413.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18414.       15-Oct-19 17:54     “THANI’S” COMPANY & ISSUE RATINGS ARE ON “NEGATIVE” CREDITALERT
18415.       15-Oct-19 17:52     TRIS RATING AFFIRMS COMPANY RATING ON “ASK” AT “BBB+” WITH “STABLE” OUTLOOK
18416.       15-Oct-19 13:40     YUANTA informs to redeem YUANTA19O31B on October 15, 2019.
18417.       15-Oct-19 10:05     Central Bank Bill Auction Results: CB20116B, CB20416A
18418.       15-Oct-19 09:45     BE  of BSL to be registered on October 15, 2019
18419.       15-Oct-19 09:44     BE  of SG to be registered on October 15, 2019
18420.       11-Oct-19 17:42     TRIS RATING ASSIGNS “A-/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT3,000 MILLION OF “GOLD
 
 
Disclamer