26 June 2017
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 increased by 1%.SA gained the major portion or by 54% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 2 bp.Govt clean price index ended lower by -5 bp while corp index (BBB up) closed higher by 3 bp.The most active issue was BOT192A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 11,088,803.17   0.27  
 Number of issues 2,973  
 Total Trading Value 1,077,639.88   1.06  
   Outright/Cash Trading 88,674.58   31.92  
   Financing 988,653.80   -1.05  
   Others 311.50   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 307,755,433.90  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.76 -0.05 107.20 -0.1 268.94 -0.09 2.87   8.34   146.75  
    Group 1 ( 1 < TTM <=3 ) 77.79 -0.05 78.36 -0.04 197.73 -0.1 1.52   1.85   4.45  
    Group 2 ( 3 < TTM <= 7 ) 111.90 0.09 112.22 -0.13 275.16 0.24 1.86   4.29   22.27  
    Group 3 ( 7 < TTM <= 10 ) 140.27 0.26 140.85 0.27 352.42 0.68 2.30   7.41   64.08  
    Group 4 ( 10 < TTM ) 164.84 -0.3 165.38 -0.28 414.82 -0.71 3.21   14.49   319.29  
    Group 5 (<= 10) 93.72 0.05 94.17 -0.03 233.38 0.16 1.97   3.96   23.78  
SOE (G) Bond Index 103.75 0.06 104.57 0.07 162.48 0.1 2.34   3.90   27.35  
SOE (NG) Bond Index 109.43 0.08 110.40 0.04 174.48 0.15 2.69   5.09   46.20  
Corporate Bond Index (BBB up) 105.11 0.03 105.94 0.03 224.12 0.1 2.73   2.55   13.60  
Corporate Bond Index (BBB+ up) 105.64 0.03 106.48 0.03 225.85 0.1 2.73   2.56   13.69  
 
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.  BOT192A SA 1.59000   20-Feb-19 1.65   1.520081   100.119131   6,775.48  
2.  LB316A GB 3.65000   20-Jun-31 13.99   2.907671   108.472011   6,321.04  
3.  TB17726B TB 0.00000   26-Jul-17 0.08   1.237163   99.907820   4,972.41  
4.  CB17711A SA 0.00000   11-Jul-17 0.04   1.251466   99.954262   4,800.80  
5.  CB17713A SA 0.00000   13-Jul-17 0.05   1.257183   99.947836   4,412.70  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 37557 headlines
No. Date/Time Headlines
1.       27-Jun-17 11:06     S-T debentures  of  KK to be registered on June 27, 2017
2.       27-Jun-17 11:06     BE  of  TISCOG to be registered on June 27, 2017
3.       27-Jun-17 11:05     BE  of  ESSO to be registered on June 27, 2017
4.       27-Jun-17 10:46     ENERGY EARTH PUBLIC COMPANY LIMITED has been cancelled for registration on 6 June 2017.
5.       27-Jun-17 10:02     BoT Bond Auction Results
6.       27-Jun-17 10:02     BoT Bond Auction Results
7.       27-Jun-17 09:20     The Bond Switching Result
8.       27-Jun-17 09:20     The Bond Switching Result
9.       27-Jun-17 09:20     The Bond Switching Result
10.       27-Jun-17 09:20     The Bond Switching Result
11.       27-Jun-17 09:20     The Bond Switching Result
12.       27-Jun-17 09:20     The Bond Switching Result
13.       27-Jun-17 09:20     The Bond Switching Result
14.       27-Jun-17 09:20     The Bond Switching Result
15.       27-Jun-17 09:20     The Bond Switching Result
 
 
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