28 October 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 increased by 56%.SA gained the major portion or by 45% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 11 bp.Govt clean price index ended higher by 5 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was CB26N19A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,433,327.14   -0.05  
 Number of issues 2,770  
 Total Trading Value 2,156,055.37   55.61  
   Outright/Cash Trading 86,247.51   -43.29  
   Financing 2,067,351.17   68.63  
   Others 2,456.69   -67.27  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 654,264,266.90  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.53 0.05 106.46 0.06 349.95 0.2 2.68   8.16   140.85  
    Group 1 ( 1 < TTM <=3 ) 71.12 0.02 71.62 0.03 232.23 0.09 1.28   1.90   4.95  
    Group 2 ( 3 < TTM <= 7 ) 106.54 0.08 107.37 0.09 339.05 0.28 1.69   4.27   22.30  
    Group 3 ( 7 < TTM <= 10 ) 138.60 0.07 139.64 0.08 456.80 0.25 2.12   7.88   70.63  
    Group 4 ( 10 < TTM ) 171.18 0.1 173.14 0.11 580.67 0.38 3.02   14.50   310.90  
    Group 5 (<= 10) 88.97 0.04 89.59 0.05 286.96 0.15 1.80   3.81   24.19  
SOE (G) Bond Index 102.64 0.07 103.26 0.08 201.52 0.15 2.03   4.61   33.56  
SOE (NG) Bond Index 109.76 0.09 110.52 0.06 231.98 0.21 2.55   5.42   46.88  
Corporate Bond Index (BBB up) 107.81 0.04 108.44 0.04 239.51 0.11 2.59   3.03   16.37  
Corporate Bond Index (BBB+ up) 108.16 0.04 108.80 0.04 239.24 0.11 2.55   3.08   16.87  
 
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.  CB26N19A SA 0.00000   19-Nov-26 0.06   0.764969   99.954897   6,673.99  
2.  LB365A GB 1.84000   17-May-36 9.56   2.170432   97.156854   5,434.94  
3.  CB26N12A SA 0.00000   12-Nov-26 0.04   0.793922   99.969936   4,848.54  
4.  TB27421A TB 0.00000   21-Apr-27 0.48   0.900000   99.570347   4,779.38  
5.  LB273A GB 2.25000   17-Mar-27 0.38   0.984414   100.487523   4,007.80  
 
 
 
 Market News
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Found 66499 headlines
No. Date/Time Headlines
16186.       20-Jul-20 09:45     YUANTA informs to partially redeem YUANTA20731D on July 20, 2020.
16187.       17-Jul-20 10:30     YUANTA informs to redeem YUANTA20731C on July 17, 2020.
16188.       17-Jul-20 09:51     Central Bank Bill Auction Results: CB20804A
16189.       17-Jul-20 09:31     แจ้งมติที่ประชุมผู้ถือหุ้นกู้ ACAP209A ครั้งที่ 1/2563
16190.       17-Jul-20 08:40     การปิดสมุดทะเบียนพักการโอนหุ้น เพื่อประชุมผู้ถือหุ้นกู้ (XM) (APEX202A)
16191.       16-Jul-20 14:55     YUANTA has announced the coupon payment change on YUANTA20O12A.
16192.       16-Jul-20 13:07     State Own Enterprise Bond Auction Results: BMTA308A
16193.       16-Jul-20 12:38     Fitch Revises Outlook on Bangkok Commercial Asset Management to Negative; Withdraws Ratings
16194.       16-Jul-20 10:00     Bank of Thailand Bond Auction Results: BOT225A
16195.       15-Jul-20 13:00     GLAND informs to partially redeem GLAND215A on July 08, 2020.
16196.       15-Jul-20 11:15     Loan Bond Auction Results: LB386A
16197.       15-Jul-20 10:50     TRIS RATING DOWNGRADES COMPANY RATING ON “ICC” TO “AA-” FROM “AA”, WITH “STABLE” OUTLOOK
16198.       14-Jul-20 14:43     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “QH” AT “A-”, WITH “STABLE” OUTLOOK
16199.       14-Jul-20 12:20     TRIS RATING ASSIGNS COMPANY RATING ON “SA” AT “BB+” WITH “STABLE” OUTLOOK
16200.       14-Jul-20 10:39     Central Bank Bill Auction Results: CB20O15B, CB21114A
 
 
Disclamer