14 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 4%.SA gained the major portion or by 37% of total outright trading value , following by Govt and CP bonds,respectively.Govt bonds yields increased by 0 to 4 bp.Govt clean price index ended lower by -3 bp and corp index (BBB up) closed lower by -1 bp.The most active issue was CBF25D01A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,931,120.08   0.3  
 Number of issues 2,824  
 Total Trading Value 1,205,835.96   -4.24  
   Outright/Cash Trading 58,177.66   -38.19  
   Financing 1,147,389.73   -1.45  
   Others 268.57   -69.45  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 748,061,052.30  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 111.74 -0.03 112.88 -0.02 361.05 -0.08 2.10   9.10   171.94  
    Group 1 ( 1 < TTM <=3 ) 71.66 -0.01 72.17 -0.01 228.71 -0.02 1.38   1.82   4.52  
    Group 2 ( 3 < TTM <= 7 ) 107.96 0.01 109.02 0.02 335.46 0.05 1.50   4.29   22.60  
    Group 3 ( 7 < TTM <= 10 ) 142.79 -0.06 144.07 -0.05 460.16 -0.18 1.71   7.62   66.74  
    Group 4 ( 10 < TTM ) 191.62 -0.1 193.84 -0.08 630.80 -0.28 2.26   15.22   343.77  
    Group 5 (<= 10) 90.20 -0.01 91.02 0.00 284.35 -0.01 1.55   3.77   22.52  
SOE (G) Bond Index 104.09 -0.03 104.67 -0.05 200.25 -0.04 1.76   4.37   33.60  
SOE (NG) Bond Index 111.60 -0.03 112.44 -0.02 229.73 -0.04 2.33   5.75   53.66  
Corporate Bond Index (BBB up) 108.13 -0.01 108.76 -0.01 232.68 -0.01 2.67   2.99   16.48  
Corporate Bond Index (BBB+ up) 108.53 -0.01 109.18 -0.01 232.64 -0.01 2.62   3.04   17.00  
 
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.  CBF25D01A SA 1.65930   01-Dec-25 0.05   1.552406   100.000131   2,544.25  
2.  LB303A GB 1.66000   17-Mar-30 4.34   1.473878   100.783494   2,344.70  
3.  CBF25D15B SA 1.64198   15-Dec-25 0.08   1.561413   100.000487   2,047.34  
4.  TB26114A TB 0.00000   14-Jan-26 0.17   1.280000   99.797016   1,995.94  
5.  HMPRO26212A CP 0.00000   12-Feb-26 0.25   1.340000   99.670677   1,993.41  
 
 
 
 Market News
< 1701 | 1702 | 1703 | 1704 | 1705 | 1706 | 1707 | 1708 | 1709 | 1710 |   >
Found 64944 headlines
No. Date/Time Headlines
25501.       14-Nov-17 11:32     BE  of  BTSG to be registered on November 14, 2017
25502.       14-Nov-17 11:31     BE  of  ASP to be registered on November 14, 2017
25503.       14-Nov-17 10:38     Central Bill Auction Results: CB18517A
25504.       14-Nov-17 10:36     Central Bill Auction Results: CB18215B
25505.       13-Nov-17 13:50     BE  of  ORI to be registered on November 13, 2017
25506.       13-Nov-17 13:37     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings of “KCC” at “AAA”, with “Stable” Outlook
25507.       13-Nov-17 13:37     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings of “KCC” at “AAA”, with “Stable” Outlook
25508.       13-Nov-17 13:14     DB of  KK to be registered on November 13, 2017
25509.       13-Nov-17 13:13     BE  of  MTLS to be registered on November 13, 2017
25510.       13-Nov-17 13:13     BE  of  SIRI to be registered on November 13, 2017
25511.       13-Nov-17 13:12     BE  of  BTSG to be registered on November 13, 2017
25512.       13-Nov-17 13:12     BE  of  GED to be registered on November 13, 2017
25513.       13-Nov-17 13:12     BE  of  KTC to be registered on November 13, 2017
25514.       13-Nov-17 13:12     BE  of  KTC to be registered on November 13, 2017
25515.       13-Nov-17 11:31     Treasury Bill Auction Results
 
 
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