5 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 7%.Govt gained the major portion or by 75% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -7 to 12 bp.Govt clean price index ended higher by 28 bp and corp index (BBB up) closed higher by 12 bp.The most active issue was LB313A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,409,671.61   -0.23  
 Number of issues 2,779  
 Total Trading Value 1,345,268.07   -6.95  
   Outright/Cash Trading 126,245.93   39  
   Financing 1,215,106.46   -10.18  
   Others 3,915.68   83.97  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 661,783,407.13  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.29 0.28 107.28 0.29 352.65 0.95 2.60   8.19   141.94  
    Group 1 ( 1 < TTM <=3 ) 71.20 0.02 71.73 0.03 232.60 0.1 1.21   1.88   4.86  
    Group 2 ( 3 < TTM <= 7 ) 106.95 0.11 107.83 0.12 340.51 0.37 1.60   4.26   22.14  
    Group 3 ( 7 < TTM <= 10 ) 140.35 0.67 141.45 0.68 462.74 2.22 1.96   7.87   70.49  
    Group 4 ( 10 < TTM ) 173.13 0.75 175.22 0.76 587.64 2.55 2.94   14.54   312.36  
    Group 5 (<= 10) 89.35 0.13 90.02 0.14 288.33 0.44 1.69   3.80   24.19  
SOE (G) Bond Index 103.16 0.23 103.80 0.23 202.65 0.45 1.92   4.65   33.91  
SOE (NG) Bond Index 110.50 0.3 111.29 0.31 233.68 0.66 2.42   5.43   47.06  
Corporate Bond Index (BBB up) 108.10 0.12 108.73 0.12 240.34 0.29 2.50   3.04   16.50  
Corporate Bond Index (BBB+ up) 108.46 0.13 109.10 0.12 240.08 0.3 2.46   3.09   17.01  
 
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   1.524958   99.229038   23,431.40  
2.  LB27NA GB 2.40000   17-Nov-27 1.03   1.035213   101.384006   12,936.64  
3.  LB463A GB 3.22000   17-Mar-46 19.38   2.924665   104.351617   7,803.04  
4.  LB365A GB 1.84000   17-May-36 9.54   2.004792   98.576557   4,682.88  
5.  LB299A GB 1.30000   17-Sep-29 2.87   1.305262   99.990223   4,274.88  
 
 
 
 Market News
< 3431 | 3432 | 3433 | 3434 | 3435 | 3436 | 3437 | 3438 | 3439 | 3440 |   >
Found 66521 headlines
No. Date/Time Headlines
51571.       18-Oct-11 16:29     S-T debentures of DBBK to be registered on October 18, 2011
51572.       18-Oct-11 16:28     PN of BBTM to be registered on October 18, 2011
51573.       18-Oct-11 16:28     BBTM informs to exercise put option on October 18, 2011
51574.       18-Oct-11 16:28     STN of DBSVT to be registered on October 18 and 19, 2011
51575.       18-Oct-11 16:28     BE of QH to be registered on October 19 and 20, 2011
51576.       18-Oct-11 10:40     BOT Bonds Auction Results
51577.       18-Oct-11 09:36     Fitch has affirmed Standard Chartered Bank (Thai) PLC.
51578.       17-Oct-11 16:49     S-T debentures of TMB to be registered on October 17, 2011.
51579.       17-Oct-11 16:48     PN of BBTM to be registered on October 17, 2011
51580.       17-Oct-11 16:48     BBTM informs to exercise put option on October 17, 2011
51581.       17-Oct-11 16:07     Fitch Ratings (Thailand) has upgraded KEST to "AA-(tha)"
51582.       17-Oct-11 09:57     TRIS Rating places the company rating of Rojana on CreditAlert with a "negative"
51583.       14-Oct-11 16:31     BE of TRT to be registered on October 20, 2011.
51584.       14-Oct-11 16:30     BE of AP to be registered on October 14, 2011
51585.       14-Oct-11 16:30     S-T debentures of DBBK to be registered on October 14, 2011
 
 
Disclamer