6 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 9%.Govt gained the major portion or by 63% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 17 bp.Govt clean price index ended higher by 12 bp and corp index (BBB up) closed higher by 6 bp.The most active issue was LB313A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,421,289.01   0.06  
 Number of issues 2,781  
 Total Trading Value 1,229,476.67   -8.61  
   Outright/Cash Trading 78,813.59   -37.57  
   Financing 1,150,050.88   -5.35  
   Others 612.20   -84.37  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 664,565,158.11  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.40 0.12 107.41 0.12 353.05 0.41 2.58   8.21   142.70  
    Group 1 ( 1 < TTM <=3 ) 71.19 0.00 71.73 0.00 232.60 0.00 1.22   1.88   4.85  
    Group 2 ( 3 < TTM <= 7 ) 107.02 0.07 107.91 0.08 340.75 0.25 1.59   4.25   22.12  
    Group 3 ( 7 < TTM <= 10 ) 140.40 0.05 141.51 0.06 462.93 0.18 1.96   7.87   70.43  
    Group 4 ( 10 < TTM ) 173.52 0.39 175.62 0.41 589.00 1.36 2.92   14.56   313.68  
    Group 5 (<= 10) 89.37 0.03 90.05 0.03 288.43 0.1 1.68   3.80   24.17  
SOE (G) Bond Index 103.25 0.09 103.90 0.09 202.83 0.19 1.90   4.65   33.92  
SOE (NG) Bond Index 110.57 0.07 111.36 0.07 233.84 0.16 2.41   5.43   47.05  
Corporate Bond Index (BBB up) 108.16 0.06 108.80 0.07 240.49 0.15 2.48   3.05   16.57  
Corporate Bond Index (BBB+ up) 108.52 0.06 109.16 0.07 240.23 0.15 2.44   3.10   17.09  
 
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.  LB313A GB 1.34000   17-Mar-31 4.36   1.524249   99.232646   7,790.39  
2.  LB27NA GB 2.40000   17-Nov-27 1.03   1.028723   101.389681   7,046.08  
3.  LB31DA GB 2.00000   17-Dec-31 5.12   1.612523   101.886865   5,231.57  
4.  LB463A GB 3.22000   17-Mar-46 19.37   2.908847   104.589934   4,563.45  
5.  LB294A GB 1.19000   17-Apr-29 2.45   1.271382   99.807045   3,466.01  
 
 
 
 Market News
< 2881 | 2882 | 2883 | 2884 | 2885 | 2886 | 2887 | 2888 | 2889 | 2890 |   >
Found 66524 headlines
No. Date/Time Headlines
43231.       13-Oct-14 10:31     Treasury Bill Auction Results
43232.       10-Oct-14 16:33     WHA179B is registered with ThaiBMA on October 13, 2014
43233.       10-Oct-14 15:26     Fitch Affirms AIA Thailand at ‘AAA(tha)’; Outlook Stable
43234.       10-Oct-14 14:53     MOFL17OA, MOFL19Oa and MOFL21OA are registered with ThaiBMA on October 10, 2014
43235.       10-Oct-14 13:40     S-T debentures  of  TBANK to be registered on October 10, 2014
43236.       10-Oct-14 13:40     S-T debentures  of  TLT to be registered on October 10, 2014
43237.       10-Oct-14 13:39     S-T debentures  of  ICBCTL to be registered on October 10, 2014
43238.       10-Oct-14 13:39     S-T debentures  of  KK to be registered on October 10, 2014
43239.       10-Oct-14 13:39     S-T debentures  of  KTB to be registered on October 10, 2014
43240.       10-Oct-14 13:38     BE  of  SIRI to be registered on October 10, 2014
43241.       10-Oct-14 13:38     BE  of  TVD to be registered on October 10, 2014
43242.       10-Oct-14 13:38     S-T debentures  of  ASK to be registered on October 10, 2014
43243.       10-Oct-14 13:37     BE  of  NPS to be registered on October 10, 2014
43244.       10-Oct-14 13:37     BE  of  SC to be registered on October 10, 2014
43245.       10-Oct-14 13:37     BE  of  SGP to be registered on October 10, 2014
 
 
Disclamer