19 September 2018
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 13%.SA gained the major portion or by 64% of total outright trading value , following by Govt and CP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 2 bp.Govt clean price index ended lower by -6 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was BOT213A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 12,229,604.04   0.76  
 Number of issues 2,782  
 Total Trading Value 1,079,730.17   12.68  
   Outright/Cash Trading 47,218.49   -60.15  
   Financing 1,032,050.12   22.91  
   Others 461.56   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 354,646,875.03  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 103.47 -0.06 104.38 -0.05 272.27 -0.13 3.16   8.61   155.32  
    Group 1 ( 1 < TTM <=3 ) 75.24 -0.03 76.40 -0.02 200.50 -0.05 1.96   1.89   4.84  
    Group 2 ( 3 < TTM <= 7 ) 108.52 -0.06 109.33 -0.05 277.75 -0.13 2.26   3.84   17.82  
    Group 3 ( 7 < TTM <= 10 ) 135.85 -0.09 136.83 -0.08 355.49 -0.21 2.68   7.01   57.35  
    Group 4 ( 10 < TTM ) 159.90 -0.11 161.38 -0.1 420.85 -0.26 3.41   14.42   319.23  
    Group 5 (<= 10) 90.76 -0.04 91.52 -0.04 235.84 -0.09 2.42   3.97   24.18  
SOE (G) Bond Index 101.56 -0.04 102.29 -0.03 165.17 -0.05 2.68   3.74   24.56  
SOE (NG) Bond Index 106.76 -0.06 107.71 -0.06 177.80 -0.09 3.16   5.86   60.41  
Corporate Bond Index (BBB up) 103.33 -0.02 104.30 0.00 230.80 -0.03 2.95   2.38   12.55  
Corporate Bond Index (BBB+ up) 103.86 -0.02 104.83 0.00 232.57 -0.03 2.95   2.38   12.56  
 
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.  BOT213A SA 1.62000   12-Mar-21 2.48   2.128368   98.787951   4,774.22  
2.  TB19918A TB 0.00000   18-Sep-19 1.00   1.773921   98.263255   3,542.39  
3.  CB18D06A SA 0.00000   06-Dec-18 0.21   1.343768   99.719760   3,444.32  
4.  CB18O18B SA 0.00000   18-Oct-18 0.08   1.208716   99.908381   2,247.94  
5.  CB18925A SA 0.00000   25-Sep-18 0.02   1.167212   99.984013   2,223.64  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 43414 headlines
No. Date/Time Headlines
1.       26-Sep-18 08:50     SC209A has been registered with ThaiBMA on September 26, 2018
2.       21-Sep-18 09:05     TK219A has been registered with ThaiBMA on September 21, 2018
3.       20-Sep-18 10:51     บริษัท บี. กริม เพาเวอร์ จำกัด (มหาชน)  คาดว่าเสนอขายหุ้นกู้หุ้นกู้มูลค่ารวมไม่เกิน  N/A ลบ.
4.       20-Sep-18 10:12     Loan Bonds Auction Results: BOT219A
5.       19-Sep-18 17:17     DB of KK to be registered on September 19, 2018
6.       19-Sep-18 17:17     DB of KK to be registered on September 19, 2018
7.       19-Sep-18 17:16     BE  of THANI to be registered on September 19, 2018
8.       19-Sep-18 17:15     BE  of MTC to be registered on September 19, 2018
9.       19-Sep-18 17:15     BE  of SAWAD to be registered on September 19, 2018
10.       19-Sep-18 17:14     BE  of KTC to be registered on September 19, 2018
11.       19-Sep-18 17:14     BE  of KTC to be registered on September 19, 2018
12.       19-Sep-18 16:12     BE  of CPN to be registered on September 19, 2018
13.       19-Sep-18 09:03     TBEV 7 tranches has been registered with ThaiBMA on September 19, 2018
14.       19-Sep-18 09:03     TBEV 7 tranches has been registered with ThaiBMA on September 19, 2018
15.       19-Sep-18 09:03     TBEV 7 tranches has been registered with ThaiBMA on September 19, 2018
 
 
Disclamer