11 November 2025
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 2%.SA gained the major portion or by 69% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields increased by 0 to 6 bp.Govt clean price index ended lower by -18 bp and corp index (BBB up) closed lower by -9 bp.The most active issue was CB26212A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,849,803.12   0.02  
 Number of issues 2,801  
 Total Trading Value 1,263,270.14   -2.27  
   Outright/Cash Trading 136,980.32   120.99  
   Financing 1,123,718.77   -8.67  
   Others 2,571.05   1042.84  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 742,547,815.03  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 111.43 -0.18 112.54 -0.17 359.97 -0.56 2.13   9.10   172.13  
    Group 1 ( 1 < TTM <=3 ) 71.62 -0.04 72.11 -0.03 228.53 -0.1 1.41   1.82   4.55  
    Group 2 ( 3 < TTM <= 7 ) 107.74 -0.09 108.77 -0.08 334.69 -0.25 1.55   4.30   22.70  
    Group 3 ( 7 < TTM <= 10 ) 142.36 -0.33 143.61 -0.32 458.71 -1.02 1.75   7.63   66.82  
    Group 4 ( 10 < TTM ) 190.82 -0.47 192.99 -0.45 628.03 -1.48 2.28   15.21   343.34  
    Group 5 (<= 10) 90.06 -0.08 90.85 -0.08 283.84 -0.24 1.60   3.77   22.57  
SOE (G) Bond Index 103.89 -0.13 104.49 -0.13 199.84 -0.24 1.80   4.37   33.62  
SOE (NG) Bond Index 111.32 -0.18 112.16 -0.17 229.11 -0.34 2.37   5.75   53.60  
Corporate Bond Index (BBB up) 107.97 -0.09 108.61 -0.08 232.28 -0.17 2.72   2.97   16.30  
Corporate Bond Index (BBB+ up) 108.37 -0.09 109.02 -0.09 232.23 -0.17 2.67   3.02   16.80  
 
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.  CB26212A SA 0.00000   12-Feb-26 0.25   1.203122   99.700963   65,463.65  
2.  LB29NA GB 2.50000   17-Nov-29 4.02   1.505925   103.855269   4,386.72  
3.  LB27NA GB 2.40000   17-Nov-27 2.02   1.406657   101.964763   3,752.18  
4.  TB26506A TB 0.00000   06-May-26 0.48   1.224000   99.416575   3,479.58  
5.  LB456A GB 2.98000   17-Jun-45 19.61   2.356002   109.741826   3,388.74  
 
 
 
 Market News
< 1141 | 1142 | 1143 | 1144 | 1145 | 1146 | 1147 | 1148 | 1149 | 1150 |   >
Found 64913 headlines
No. Date/Time Headlines
17236.       05-Sep-19 12:10     BOT Bond Auction Results: BOT218A
17237.       05-Sep-19 11:15     YUANTA informs to partially redeem YUANTA19930A on September 05, 2019.
17238.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
17239.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
17240.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
17241.       05-Sep-19 09:00     BE  of SC to be registered on September 05, 2019
17242.       05-Sep-19 08:59     BE  of MTC to be registered on September 05, 2019
17243.       05-Sep-19 08:30     SEDU229A has been registered with ThaiBMA on September 5, 2019
17244.       04-Sep-19 19:30     Fitch Upgrades Standard Chartered Bank (Thai)'s Short-Term Ratings to 'F1'; Outlook Stable
17245.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
17246.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
17247.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
17248.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
17249.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
17250.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
 
 
Disclamer