25 May 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 decreased by 4%.SA gained the major portion or by 44% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -5 to 7 bp.Govt clean price index ended higher by 7 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was TB26N18A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,241,411.60   -0.02  
 Number of issues 2,753  
 Total Trading Value 1,386,834.28   -4.45  
   Outright/Cash Trading 58,097.21   1.32  
   Financing 1,328,638.38   -4.67  
   Others 98.69   -69.1  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 632,380,905.12  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.46 0.07 105.56 0.07 342.46 0.24 2.80   8.16   140.95  
    Group 1 ( 1 < TTM <=3 ) 71.42 0.01 71.83 0.01 230.65 0.05 1.32   1.96   5.26  
    Group 2 ( 3 < TTM <= 7 ) 106.51 0.08 107.48 0.09 335.44 0.28 1.72   4.17   21.18  
    Group 3 ( 7 < TTM <= 10 ) 136.64 0.15 137.80 0.16 446.00 0.52 2.26   7.61   66.46  
    Group 4 ( 10 < TTM ) 167.53 0.13 169.91 0.14 560.75 0.47 3.14   14.23   302.62  
    Group 5 (<= 10) 88.82 0.05 89.51 0.05 283.61 0.17 1.87   3.74   23.08  
SOE (G) Bond Index 102.33 0.08 102.94 0.09 199.11 0.17 2.10   4.44   33.33  
SOE (NG) Bond Index 108.33 0.11 109.18 0.1 226.28 0.25 2.79   5.46   47.76  
Corporate Bond Index (BBB up) 107.52 0.04 108.14 0.05 235.50 0.11 2.73   2.95   15.82  
Corporate Bond Index (BBB+ up) 107.88 0.04 108.52 0.05 235.32 0.11 2.68   3.00   16.32  
 
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.  TB26N18A TB 0.00000   18-Nov-26 0.48   0.852000   99.588538   4,569.12  
2.  CB26702B SA 0.00000   02-Jul-26 0.10   0.856854   99.913163   4,471.11  
3.  CB26618A SA 0.00000   18-Jun-26 0.07   0.859755   99.946755   3,568.10  
4.  CBF26615A SA 1.40810   15-Jun-26 0.06   0.983846   100.003348   3,089.22  
5.  CBF26615B SA 1.17574   15-Jun-26 0.06   0.982851   100.003598   2,624.95  
 
 
 
 Market News
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Found 65886 headlines
No. Date/Time Headlines
35551.       25-Mar-16 15:44     BE  of  ASK to be registered on March 25, 2016
35552.       25-Mar-16 11:45     S-T debentures  of  KK to be registered on March 25, 2016
35553.       25-Mar-16 11:45     S-T debentures  of  KK to be registered on March 25, 2016
35554.       25-Mar-16 11:45     S-T debentures  of  KK to be registered on March 25, 2016
35555.       25-Mar-16 10:24     BE  of  SIRI to be registered on March 25, 2016
35556.       25-Mar-16 10:24     STN   of  DBSV to be registered on March 25, 2016
35557.       25-Mar-16 10:24     STN   of  DBSV to be registered on March 25, 2016
35558.       25-Mar-16 10:23     BE  of  DA to be registered on March 25, 2016
35559.       25-Mar-16 10:23     BE  of  SAWAD to be registered on March 25, 2016
35560.       25-Mar-16 10:23     BE  of  SAWAD to be registered on March 25, 2016
35561.       25-Mar-16 09:51     BoT Bonds Auction Results
35562.       24-Mar-16 14:39     SC193A is  registered with ThaiBMA on March 24, 2016.
35563.       24-Mar-16 14:35     STN   of  DBSV to be registered on March 24, 2016
35564.       24-Mar-16 14:34     S-T debentures  of  KK to be registered on March 24, 2016
35565.       24-Mar-16 14:34     S-T debentures  of  KK to be registered on March 24, 2016
 
 
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