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
< 4401 | 4402 | 4403 | 4404 | 4405 | 4406 | 4407 | 4408 | 4409 | 4410 |   >
Found 66531 headlines
No. Date/Time Headlines
66136.       17-Dec-02 00:00     BAY#1-2  buy-back
66137.       16-Dec-02 00:00     Treasury Bill Auction Results
66138.       16-Dec-02 00:00     SANC05DA to be registered on 18 Dec
66139.       13-Dec-02 00:00     RDS05DA upgraded at BB- by FITCH
66140.       12-Dec-02 00:00     BoT maintains R/P rate at 1.75%
66141.       12-Dec-02 00:00     ACUMEN#1's rating reviewed by TRIS
66142.       11-Dec-02 00:00     Fed remained its rate at 1.25%
66143.       11-Dec-02 00:00     Loan Bond auction results
66144.       11-Dec-02 00:00     AEON057A affirmed rating
66145.       11-Dec-02 00:00     UTT07DA to be registered on 13 Dec
66146.       06-Dec-02 00:00     Siam A&C affirmed rating
66147.       06-Dec-02 00:00     TMB cuts 25 bp of its 12-mth deposit rate
66148.       06-Dec-02 00:00     T-bill auction results
66149.       04-Dec-02 00:00     UTT07DA affirmed at AAA
66150.       03-Dec-02 00:00     Rachthani plans to issue bond
 
 
Disclamer