12 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 decreased by 5%.SA gained the major portion or by 68% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields increased by 0 to 20 bp.Govt clean price index ended lower by -14 bp and corp index (BBB up) closed lower by -6 bp.The most active issue was CBF27N15A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,392,774.73   0.01  
 Number of issues 2,769  
 Total Trading Value 1,390,364.36   -5.23  
   Outright/Cash Trading 155,540.04   46.18  
   Financing 1,229,862.24   -9.48  
   Others 4,962.08   139.76  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 662,320,660.72  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.35 -0.14 107.40 -0.14 353.04 -0.44 2.59   8.18   142.06  
    Group 1 ( 1 < TTM <=3 ) 71.19 -0.03 71.76 -0.02 232.68 -0.08 1.21   1.86   4.78  
    Group 2 ( 3 < TTM <= 7 ) 107.07 -0.1 108.00 -0.09 341.05 -0.29 1.57   4.24   21.99  
    Group 3 ( 7 < TTM <= 10 ) 140.81 -0.34 141.97 -0.33 464.44 -1.07 1.92   7.85   70.23  
    Group 4 ( 10 < TTM ) 173.14 -0.33 175.33 -0.31 588.00 -1.06 2.94   14.54   312.73  
    Group 5 (<= 10) 89.44 -0.09 90.15 -0.08 288.76 -0.26 1.66   3.78   24.09  
SOE (G) Bond Index 103.10 -0.12 103.73 -0.12 202.60 -0.23 1.93   4.63   33.70  
SOE (NG) Bond Index 110.56 -0.08 111.41 -0.07 233.94 -0.15 2.41   5.41   46.90  
Corporate Bond Index (BBB up) 108.15 -0.06 108.78 -0.07 240.58 -0.1 2.48   3.05   16.56  
Corporate Bond Index (BBB+ up) 108.50 -0.06 109.14 -0.07 240.32 -0.11 2.44   3.10   17.08  
 
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.  CBF27N15A SA 1.05003   15-Nov-27 1.00   0.964841   100.082946   28,913.96  
2.  CBF27517A SA 1.04752   17-May-27 0.50   0.941677   100.053023   28,490.10  
3.  LB27NA GB 2.40000   17-Nov-27 1.01   1.063832   101.330286   11,375.21  
4.  CBF26D14A SA 1.11511   14-Dec-26 0.09   0.951288   100.008149   10,637.34  
5.  CBF26N30A SA 1.04604   30-Nov-26 0.05   0.983550   100.002511   8,371.02  
 
 
 
 Market News
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Found 66544 headlines
No. Date/Time Headlines
25381.       30-Mar-18 11:38     JMART213B is registered with ThaiBMA on March 30, 2018
25382.       30-Mar-18 10:14     BoT Bonds Auction Results
25383.       29-Mar-18 17:58     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings of “TPIPL” at “BBB+” and Assigns “BBB+”
25384.       29-Mar-18 17:56     TRIS Rating Affirms “PTTEP’s” Company & Senior Unsecured Debt Ratings at “AAA” and Subordinated Capi
25385.       29-Mar-18 17:56     TRIS Rating Affirms “PTTEP’s” Company & Senior Unsecured Debt Ratings at “AAA” and Subordinated Capi
25386.       29-Mar-18 17:56     TRIS Rating Affirms “PTTEP’s” Company & Senior Unsecured Debt Ratings at “AAA” and Subordinated Capi
25387.       29-Mar-18 17:56     TRIS Rating Affirms “PTTEP’s” Company & Senior Unsecured Debt Ratings at “AAA” and Subordinated Capi
25388.       29-Mar-18 16:20     NHA's Bond Auction Results
25389.       29-Mar-18 13:54     DB of  TISCO to be registered on March 29, 2018
25390.       29-Mar-18 13:54     DB of  TUC to be registered on March 29, 2018
25391.       29-Mar-18 13:53     BE  of  MTLS to be registered on March 29, 2018
25392.       29-Mar-18 13:53     BE  of  ROJNA to be registered on March 29, 2018
25393.       29-Mar-18 13:53     BE  of  ROJNA to be registered on March 29, 2018
25394.       29-Mar-18 13:53     DB of  KK to be registered on March 29, 2018
25395.       29-Mar-18 13:52     BE  of  MALEE to be registered on March 29, 2018
 
 
Disclamer