9 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 increased by 9%.Govt gained the major portion or by 59% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 17 bp.Govt clean price index ended higher by 7 bp and corp index (BBB up) closed higher by 1 bp.The most active issue was LB313A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,402,431.91   -0.1  
 Number of issues 2,770  
 Total Trading Value 1,344,631.50   9.37  
   Outright/Cash Trading 77,867.73   -1.2  
   Financing 1,264,755.05   9.97  
   Others 2,008.71   228.11  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 664,965,840.36  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.47 0.07 107.49 0.08 353.34 0.25 2.58   8.20   142.68  
    Group 1 ( 1 < TTM <=3 ) 71.20 0.01 71.75 0.01 232.66 0.05 1.21   1.87   4.82  
    Group 2 ( 3 < TTM <= 7 ) 107.05 0.04 107.96 0.04 340.92 0.14 1.58   4.25   22.06  
    Group 3 ( 7 < TTM <= 10 ) 140.66 0.27 141.80 0.27 463.87 0.9 1.93   7.86   70.35  
    Group 4 ( 10 < TTM ) 173.65 0.13 175.80 0.15 589.58 0.49 2.92   14.56   313.64  
    Group 5 (<= 10) 89.42 0.05 90.11 0.06 288.63 0.18 1.67   3.79   24.14  
SOE (G) Bond Index 103.27 0.02 103.89 0.01 202.90 0.05 1.90   4.65   33.87  
SOE (NG) Bond Index 110.59 0.02 111.40 0.03 233.93 0.07 2.41   5.42   46.97  
Corporate Bond Index (BBB up) 108.16 0.01 108.79 0.00 240.55 0.03 2.48   3.05   16.58  
Corporate Bond Index (BBB+ up) 108.52 0.01 109.16 0.00 240.29 0.03 2.44   3.10   17.10  
 
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 4.35   1.515520   99.269462   13,231.95  
2.  CRC29NA AA- 0.00000   02-Nov-29 2.98   1.740118   94.982329   3,770.80  
3.  LB463A GB 3.22000   17-Mar-46 19.36   2.905983   104.632992   3,695.61  
4.  CB26N26A SA 0.00000   26-Nov-26 0.05   0.720914   99.968893   2,916.09  
5.  LB293A GB 2.40000   17-Mar-29 2.35   1.249342   102.660975   2,906.05  
 
 
 
 Market News
< 4311 | 4312 | 4313 | 4314 | 4315 | 4316 | 4317 | 4318 | 4319 | 4320 |   >
Found 66531 headlines
No. Date/Time Headlines
64651.       30-Dec-05 10:19     Loan Bond Auction Schedule in January-March 2006
64652.       30-Dec-05 10:12     BoT's Bonds Auction Schedule in January - March 2006
64653.       30-Dec-05 10:01     BOT bond auction schedule in January 2006
64654.       29-Dec-05 15:24     KTC073A, KTC074B, KTC077A, KTC07OA, KTC081A and KTC094A will be registered
64655.       27-Dec-05 11:31     BoT Bond Auction Results
64656.       26-Dec-05 15:55     Treasury Bill Auction Schedule in January 2006
64657.       26-Dec-05 15:18     Treasury Bill Auction Results
64658.       26-Dec-05 13:54     PTTC11DB will be registered with ThaiBDC on December 27, 2005
64659.       23-Dec-05 16:44     SSI has been affirmed the company rating and the issue rating by TRIS Rating
64660.       21-Dec-05 16:49     HCT08DA, HCT10DA and HCT12DA will be registered with ThaiBDC on December 22, 200
64661.       21-Dec-05 11:00     Loan Bond Auction Results
64662.       20-Dec-05 14:12     PTTC11DA and PTTC15NA will be registered with ThaiBDC on December 21, 2005
64663.       20-Dec-05 14:10     KTC08NA and KTC07NA will be registered with ThaiBDC on December21, 2005
64664.       20-Dec-05 12:08     BoT's 2-year Bond Auction Results
64665.       20-Dec-05 12:06     BoT Bond Auction Results
 
 
Disclamer