6 November 2026
Service Manager :  Sineerat (0-2257-0357 # 301)
  Home > ASEAN Bond Market  
 
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
< 4191 | 4192 | 4193 | 4194 | 4195 | 4196 | 4197 | 4198 | 4199 | 4200 |   >
Found 66524 headlines
No. Date/Time Headlines
62851.       19-Jan-07 15:48     BE of CK are registered on January 19 and 22, 2007
62852.       19-Jan-07 10:57     BoT Auction Result
62853.       19-Jan-07 09:21     KEGCO has been affirmed the issue rating by TRIS Rating
62854.       18-Jan-07 17:11     BE of KTC are registered on January 18, 19, 2007
62855.       18-Jan-07 17:10     S-T debentures of HSBC is registered on January 18, 2007
62856.       18-Jan-07 14:09     BE of SPL are registered on January 18, 19, 22 and 23, 2007
62857.       18-Jan-07 14:08     Short-term debentures of TMB will be registered on January 19, 2007
62858.       18-Jan-07 14:07     S-T debentures of TLT are registered on January 18 and 19, 2007
62859.       18-Jan-07 11:08     BoT Auction Result
62860.       18-Jan-07 09:56     Reduction of 1-day repo rate to replace 14-day repo rate
62861.       18-Jan-07 09:17     ZMICO has been assigned the company rating by TRIS Rating
62862.       17-Jan-07 15:37     S-T debentures of SCBT will be registered on January 18, 2007
62863.       17-Jan-07 14:27     BE of KTC will be registered on January 19, 2007
62864.       17-Jan-07 14:26     S-T debentures of HSBC are registered on January 17, 2007
62865.       17-Jan-07 14:26     BE of SPL are registered on January 17 and 18, 2007
 
 
Disclamer