28 August 2026
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 decreased by 3%.Govt gained the major portion or by 58% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 2 bp.Govt clean price index ended lower by -5 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was LB27NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,228,380.74   0.09  
 Number of issues 2,737  
 Total Trading Value 1,336,263.22   -3.41  
   Outright/Cash Trading 53,995.50   -37.87  
   Financing 1,282,267.72   -1.09  
   Others 0.00   -100  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,895,012.34  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.14 -0.05 106.81 -0.04 350.38 -0.12 2.62   8.36   146.06  
    Group 1 ( 1 < TTM <=3 ) 71.38 -0.01 71.91 -0.01 232.05 -0.03 1.20   2.00   5.37  
    Group 2 ( 3 < TTM <= 7 ) 107.03 -0.04 107.62 -0.03 339.20 -0.11 1.61   4.39   23.44  
    Group 3 ( 7 < TTM <= 10 ) 139.28 0.02 140.11 0.03 457.29 0.08 2.06   7.99   72.60  
    Group 4 ( 10 < TTM ) 172.66 -0.14 173.76 -0.12 582.53 -0.42 2.96   14.75   320.48  
    Group 5 (<= 10) 89.31 -0.01 89.86 -0.01 286.93 -0.03 1.72   3.92   25.09  
SOE (G) Bond Index 102.81 -0.05 103.32 -0.04 201.14 -0.09 1.98   4.37   32.02  
SOE (NG) Bond Index 109.96 -0.05 110.74 -0.04 231.34 -0.09 2.51   5.41   47.00  
Corporate Bond Index (BBB up) 108.04 -0.02 108.78 -0.01 238.71 -0.03 2.54   3.02   16.41  
Corporate Bond Index (BBB+ up) 108.41 -0.03 109.17 -0.02 238.50 -0.03 2.50   3.08   16.93  
 
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.  LB27NA GB 2.40000   17-Nov-27 1.22   1.084898   101.567403   4,625.28  
2.  LB29NA GB 2.50000   17-Nov-29 3.22   1.350000   103.590532   4,088.43  
3.  ESGLB376A GB 3.39000   17-Jun-37 10.81   2.267746   110.683865   3,378.94  
4.  LB456A GB 2.98000   17-Jun-45 18.82   2.995187   99.776789   3,179.23  
5.  CB26N26A SA 0.00000   26-Nov-26 0.25   0.956570   99.766576   3,099.75  
 
 
 
 Market News
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Found 66351 headlines
No. Date/Time Headlines
15661.       20-Nov-20 09:16     YUANTA informs to partially redeem YUANTA20N30C on November 20, 2020.
15662.       19-Nov-20 13:28     Fitch Removes RWN on Capital Nomura; Affirms 'AA(tha)'; Outlook Stable
15663.       19-Nov-20 11:47     Bank of Thailand Bond Auction Results: BOT22NA (update)
15664.       19-Nov-20 10:15     YUANTA informs to redeem YUANTA20N30B on November 19, 2020.
15665.       18-Nov-20 11:52     Loan Bond Auction Results: LB256A (update)
15666.       17-Nov-20 09:51     Central Bank Bill Auction Results: CB21218B, CB21520A
15667.       13-Nov-20 13:51     SEDU has announced the maturity date change on SEDU20DA.
15668.       13-Nov-20 11:30     YUANTA informs to partially redeem YUANTA20N30C on November 13, 2020.
15669.       13-Nov-20 11:00     YUANTA informs to partially redeem YUANTA20N30A on November 13, 2020.
15670.       13-Nov-20 10:12     Central Bank Bill Auction Results: CB20D01A
15671.       13-Nov-20 09:10     ศาลล้มละลายกลางมีคำสั่งให้บริษัท เพซ ดีเวลลอปเมนท์ คอร์ปอเรชั่น จำกัด (มหาชน) ดำเนินการฟื้นฟูกิจการ และตั้งผู้ทำแผน
15672.       12-Nov-20 14:45     Notice of partial buy back: THB 166.88 million of MM217A on November 12, 2020.
15673.       12-Nov-20 14:20     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB2.5 BILLION OF “ANAN”, WITH
15674.       11-Nov-20 11:34     Loan Bond Auction Results: LB246A, LB496A
15675.       11-Nov-20 09:49     TRIS RATING AFFIRMS COMPANY RATING ON “TTCL” AT “BB+” WITH “STABLE” OUTLOOK
 
 
Disclamer