17 November 2025
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 3%.Govt gained the major portion or by 39% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 1 bp.Govt clean price index ended higher by 18 bp and corp index (BBB up) closed higher by 7 bp.The most active issue was TB26520A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,925,010.37   -0.03  
 Number of issues 2,819  
 Total Trading Value 1,244,411.39   3.2  
   Outright/Cash Trading 69,536.59   19.52  
   Financing 1,174,859.86   2.39  
   Others 14.94   -94.44  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 749,821,620.46  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 111.92 0.18 113.01 0.12 361.71 0.61 2.08   9.11   172.38  
    Group 1 ( 1 < TTM <=3 ) 71.68 0.03 72.08 -0.09 228.82 0.09 1.36   1.81   4.49  
    Group 2 ( 3 < TTM <= 7 ) 108.03 0.08 108.96 -0.06 335.74 0.25 1.49   4.28   22.56  
    Group 3 ( 7 < TTM <= 10 ) 142.91 0.13 144.22 0.14 460.65 0.44 1.70   7.61   66.62  
    Group 4 ( 10 < TTM ) 192.17 0.55 194.43 0.57 632.72 1.85 2.24   15.23   344.15  
    Group 5 (<= 10) 90.25 0.05 90.97 -0.05 284.56 0.18 1.53   3.77   22.48  
SOE (G) Bond Index 104.20 0.12 104.79 0.11 200.51 0.24 1.74   4.37   33.59  
SOE (NG) Bond Index 111.77 0.18 112.61 0.19 230.14 0.38 2.30   5.78   53.71  
Corporate Bond Index (BBB up) 108.20 0.07 108.80 0.08 232.89 0.18 2.65   3.00   16.52  
Corporate Bond Index (BBB+ up) 108.60 0.07 109.21 0.08 232.85 0.18 2.59   3.05   17.03  
 
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.  TB26520A TB 0.00000   20-May-26 0.50   1.261851   99.374738   9,476.37  
2.  LB26DA GB 2.12500   17-Dec-26 1.08   1.351834   100.820258   3,508.42  
3.  LB284A GB 2.05000   17-Apr-28 2.42   1.362346   101.626122   3,092.00  
4.  LB346A GB 2.80000   17-Jun-34 8.59   1.700110   108.739218   2,569.17  
5.  CBF25D01A SA 1.65918   01-Dec-25 0.04   1.554347   100.000113   2,262.18  
 
 
 
 Market News
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Found 64946 headlines
No. Date/Time Headlines
31411.       22-Sep-16 15:41     BE  of  EARTH to be registered on September 22, 2016
31412.       22-Sep-16 15:41     BE  of  EARTH to be registered on September 22, 2016
31413.       22-Sep-16 15:39     BE  of  AP to be registered on September 22, 2016
31414.       22-Sep-16 15:39     BE  of  BRR to be registered on September 22, 2016
31415.       22-Sep-16 15:38     BE  of  ACAP to be registered on September 22, 2016
31416.       22-Sep-16 14:31     KTC269A is registered with ThaiBMA on September 22, 2016
31417.       22-Sep-16 13:05     PF199A and PF209A are registered with ThaiBMA on September 22, 2016
31418.       22-Sep-16 13:05     PF199A and PF209A are registered with ThaiBMA on September 22, 2016
31419.       21-Sep-16 11:55     S-T debentures  of  ASK to be registered on September 21, 2016
31420.       21-Sep-16 11:15     BE  of  WHA to be registered on September 21, 2016
31421.       21-Sep-16 11:15     S-T debentures  of  TISCO to be registered on September 21, 2016
31422.       21-Sep-16 11:15     STN   of  DBSV to be registered on September 21, 2016
31423.       21-Sep-16 11:14     BE  of  TISCOG to be registered on September 21, 2016
31424.       21-Sep-16 11:14     BE  of  TNITY to be registered on September 21, 2016
31425.       21-Sep-16 11:13     BE  of  SC to be registered on September 21, 2016
 
 
Disclamer