5 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 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
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 66521 headlines
No. Date/Time Headlines
121.       15-Sep-26 14:14     JCK informs to exercise call option on its debenture (JCK213A).
122.       15-Sep-26 13:23     TRIS Rating assigns a rating of “BBB-” to Dusit Thani PLC’s (DUSIT) proposed issue of up to THB1 billion senior unsecured debentures. Concurrently, we assign a rating of “AAA” to DUSIT’s proposed issue of up to THB500 million guaranteed debentures.
123.       15-Sep-26 11:01     Central Bank Bill Auction Results: CB26D17A, CB27916A
124.       14-Sep-26 14:51     TWZ แจ้งข่าวต่อ SET เรื่อง รายการทางการเงินที่มีความเสี่ยงต่อฐานะการเงินและผลการดำเนินงาน
125.       14-Sep-26 13:24     TRIS Rating revises the rating outlook on Right Tunnelling PLC (RT) to “Stable” from “Negative”, while affirming the issuer credit rating at “BB+”.
126.       14-Sep-26 09:48     NER informs to exercise call option on its debenture (NER279A).
127.       14-Sep-26 08:51     Fitch Affirms Eastern Polymer Group at 'A-(tha)'; Outlook Stable
128.       10-Sep-26 13:29     TRIS Rating affirms the issuer credit rating on Thoresen Thai Agencies PLC (TTA) and the ratings on its outstanding senior unsecured debentures at “BBB”, with a “Stable” rating outlook. And we assign a rating of “BBB” to TTA’s proposed issue of up to THB1.7 billion senior unsecured debentures.
129.       10-Sep-26 11:28     MOF has announced the issue size change on RBP298A and RBP368A.
130.       10-Sep-26 11:28     MOF has announced the issue size change on RBP298A and RBP368A.
131.       10-Sep-26 11:05     CI informs to exercise partial call option on its debenture (CI283A).
132.       10-Sep-26 10:47     CI informs to exercise partial call option on its debenture (CI276A).
133.       10-Sep-26 10:21     Central Bank Bill Auction Results: CBF27913A
134.       10-Sep-26 09:24     Fitch Affirms Thai Credit Bank's 'A(tha)' National Rating; Outlook Stable
135.       09-Sep-26 09:32     TRIS Rating downgrades the issuer credit rating on Khon Kaen Sugar Industry PLC (KSL) and the rating on its senior unsecured debenture to “BBB” from “BBB+”, with a “Stable” outlook.
 
 
Disclamer