19 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 decreased by 11%.Govt gained the major portion or by 55% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 6 bp.Govt clean price index ended higher by 12 bp while corp index (BBB up) closed lower by -1 bp.The most active issue was LB456A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,882,957.11   -0.19  
 Number of issues 2,805  
 Total Trading Value 1,231,557.86   -11.03  
   Outright/Cash Trading 81,178.06   -33.28  
   Financing 1,147,440.35   -9.12  
   Others 2,939.45   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 752,879,133.53  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.35 0.12 113.45 0.13 363.12 0.41 2.04   9.12   172.74  
    Group 1 ( 1 < TTM <=3 ) 71.73 0.03 72.14 0.03 229.00 0.09 1.32   1.81   4.47  
    Group 2 ( 3 < TTM <= 7 ) 108.31 0.09 109.26 0.1 336.66 0.31 1.42   4.28   22.53  
    Group 3 ( 7 < TTM <= 10 ) 143.66 0.26 144.99 0.27 463.11 0.86 1.63   7.62   66.61  
    Group 4 ( 10 < TTM ) 193.25 0.26 195.53 0.28 636.32 0.9 2.20   15.24   344.33  
    Group 5 (<= 10) 90.45 0.07 91.19 0.08 285.23 0.24 1.47   3.77   22.50  
SOE (G) Bond Index 104.38 -0.01 104.98 -0.01 200.88 -0.02 1.70   4.37   33.62  
SOE (NG) Bond Index 112.04 -0.03 112.89 -0.02 230.72 -0.04 2.26   5.78   53.76  
Corporate Bond Index (BBB up) 108.30 -0.01 108.92 -0.01 233.16 -0.01 2.61   3.00   16.54  
Corporate Bond Index (BBB+ up) 108.70 -0.01 109.33 -0.01 233.12 -0.01 2.56   3.05   17.05  
 
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.  LB456A GB 2.98000   17-Jun-45 19.59   2.200346   112.339647   7,029.86  
2.  LB303A GB 1.66000   17-Mar-30 4.33   1.370571   101.215892   5,462.24  
3.  CB26219A SA 0.00000   19-Feb-26 0.25   1.218406   99.697185   5,004.80  
4.  LB266A GB 2.35000   17-Jun-26 0.58   1.166729   100.669892   4,972.77  
5.  LB556A GB 4.00000   17-Jun-55 29.59   2.347228   135.091527   3,789.67  
 
 
 
 Market News
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Found 64994 headlines
No. Date/Time Headlines
33556.       01-Jun-16 13:26     BE  of  KCAR to be registered on June 01, 2016
33557.       01-Jun-16 13:25     BE  of  EARTH to be registered on June 01, 2016
33558.       01-Jun-16 13:25     BE  of  GKG to be registered on June 01, 2016
33559.       01-Jun-16 13:25     BE  of  GUNKUL to be registered on June 01, 2016
33560.       01-Jun-16 13:24     BE  of  ASK to be registered on June 01, 2016
33561.       01-Jun-16 13:24     BE  of  ASK to be registered on June 01, 2016
33562.       01-Jun-16 13:24     BE  of  BSL to be registered on June 01, 2016
33563.       31-May-16 15:53     LIT196A is registered with ThaiBMA on June 1, 2016
33564.       31-May-16 13:12     SPW235A is registered with ThaiBMA on May 31, 2016
33565.       31-May-16 11:35     S-T debentures  of  ICBCTL to be registered on May 31, 2016
33566.       31-May-16 11:35     S-T debentures  of  KK to be registered on May 31, 2016
33567.       31-May-16 11:35     STN   of  DBSV to be registered on May 31, 2016
33568.       31-May-16 11:35     STN   of  DBSV to be registered on May 31, 2016
33569.       31-May-16 11:35     STN   of  DBSV to be registered on May 31, 2016
33570.       31-May-16 11:35     STN   of  DBSV to be registered on May 31, 2016
 
 
Disclamer