18 August 2017
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 25%.SA gained the major portion or by 73% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields decreased by -4 to 0 bp.Govt clean price index ended higher by 28 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was CB17905A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 11,013,054.95   0.31  
 Number of issues 2,849  
 Total Trading Value 1,153,926.42   -25.5  
   Outright/Cash Trading 69,980.82   -4.19  
   Financing 1,083,945.61   -26.55  
   Others 0.00   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 333,358,812.11  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 107.22 0.28 107.99 0.29 271.51 0.74 2.83   8.66   157.17  
    Group 1 ( 1 < TTM <=3 ) 77.64 0.00 78.11 0.01 198.39 0.02 1.49   2.01   5.40  
    Group 2 ( 3 < TTM <= 7 ) 111.85 0.08 112.76 0.09 276.40 0.23 1.80   4.44   23.47  
    Group 3 ( 7 < TTM <= 10 ) 140.15 0.26 140.94 0.27 353.89 0.69 2.29   7.38   63.41  
    Group 4 ( 10 < TTM ) 166.71 0.85 167.80 0.87 421.73 2.19 3.14   14.62   327.64  
    Group 5 (<= 10) 93.62 0.06 94.34 0.07 234.31 0.18 1.94   4.03   24.63  
SOE (G) Bond Index 103.96 0.09 104.90 0.1 163.56 0.16 2.26   3.88   27.08  
SOE (NG) Bond Index 109.88 0.14 111.01 0.14 176.11 0.24 2.65   5.29   51.08  
Corporate Bond Index (BBB up) 105.17 0.04 106.21 0.04 225.50 0.11 2.59   2.45   12.35  
Corporate Bond Index (BBB+ up) 105.71 0.04 106.75 0.04 227.24 0.11 2.59   2.46   12.43  
 
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.  CB17905A SA 0.00000   05-Sep-17 0.04   1.134599   99.957107   15,354.41  
2.  CB17N16B SA 0.00000   16-Nov-17 0.25   1.185939   99.714326   4,243.84  
3.  CB17D07A SA 0.00000   07-Dec-17 0.30   1.284365   99.614779   3,899.92  
4.  LB25DA GB 3.85000   12-Dec-25 8.32   2.259285   111.978990   3,457.67  
5.  CB17N09A SA 0.00000   09-Nov-17 0.23   1.185743   99.740906   3,343.32  
 
 
 
 Market News
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Found 38151 headlines
No. Date/Time Headlines
1.       18-Aug-17 16:48     THANI208B is registered with ThaiBMA on August 18, 2017
2.       18-Aug-17 14:22     AEON208A is registered with ThaiBMA on August 18, 2017
3.       18-Aug-17 14:21     MTLS208B is registered with ThaiBMA on August 18, 2017
4.       18-Aug-17 14:19     TLT201B, TLT208A are registered with ThaiBMA on August 18, 2017
5.       18-Aug-17 14:19     TLT201B, TLT208A are registered with ThaiBMA on August 18, 2017
6.       18-Aug-17 14:18     TK208A is registered with ThaiBMA on August 18, 2017
7.       18-Aug-17 14:17     MK208A is registered with ThaiBMA on August 18, 2017
8.       18-Aug-17 14:16     WHAUP208A, WHAUP208B are registered with ThaiBMA on August 18, 2017
9.       18-Aug-17 14:16     WHAUP208A, WHAUP208B are registered with ThaiBMA on August 18, 2017
10.       18-Aug-17 14:06     CPALL278A is registered with ThaiBMA on August 18, 2017
11.       18-Aug-17 13:05     BE  of  NOBLE to be registered on August 18, 2017
12.       18-Aug-17 13:05     S-T debentures  of  ASK to be registered on August 18, 2017
13.       18-Aug-17 13:04     BE  of  MBKET to be registered on August 18, 2017
14.       18-Aug-17 13:04     BE  of  MBKET to be registered on August 18, 2017
15.       18-Aug-17 13:03     BE  of  CPN to be registered on August 18, 2017
 
 
Disclamer