2 September 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 increased by 13%.Govt gained the major portion or by 48% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 6 bp.Govt clean price index ended lower by -29 bp and corp index (BBB up) closed lower by -10 bp.The most active issue was LB365A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,244,812.29   -0.01  
 Number of issues 2,735  
 Total Trading Value 1,493,896.66   13.18  
   Outright/Cash Trading 88,320.09   -43.71  
   Financing 1,404,336.01   21.11  
   Others 1,240.56   -64.69  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 659,675,038.83  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.59 -0.29 106.30 -0.28 348.70 -0.93 2.68   8.31   144.93  
    Group 1 ( 1 < TTM <=3 ) 71.30 -0.02 71.86 -0.02 231.88 -0.06 1.25   1.99   5.31  
    Group 2 ( 3 < TTM <= 7 ) 106.78 -0.11 107.41 -0.1 338.53 -0.32 1.66   4.37   23.29  
    Group 3 ( 7 < TTM <= 10 ) 137.99 -0.78 138.87 -0.77 453.22 -2.52 2.17   7.97   72.22  
    Group 4 ( 10 < TTM ) 171.24 -0.75 172.41 -0.74 578.02 -2.48 3.02   14.71   318.95  
    Group 5 (<= 10) 89.03 -0.15 89.61 -0.14 286.13 -0.45 1.80   3.90   24.85  
SOE (G) Bond Index 102.44 -0.18 102.95 -0.18 200.49 -0.33 2.06   4.37   32.14  
SOE (NG) Bond Index 109.45 -0.25 110.22 -0.24 230.36 -0.5 2.59   5.40   46.72  
Corporate Bond Index (BBB up) 107.84 -0.1 108.57 -0.09 238.37 -0.19 2.59   3.01   16.30  
Corporate Bond Index (BBB+ up) 108.20 -0.1 108.95 -0.09 238.15 -0.2 2.55   3.06   16.81  
 
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.  LB365A GB 1.84000   17-May-36 9.71   2.209342   96.781618   13,150.21  
2.  CBF26921A SA 1.04579   21-Sep-26 0.05   1.006523   100.001956   7,049.46  
3.  LBA506A GB 3.15000   17-Jun-50 23.81   3.170115   99.714263   5,559.00  
4.  CB26N19A SA 0.00000   19-Nov-26 0.21   0.928682   99.805744   3,573.05  
5.  CBF26O05A SA 1.04581   05-Oct-26 0.09   0.978236   100.006076   3,057.29  
 
 
 
 Market News
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Found 66367 headlines
No. Date/Time Headlines
37126.       21-Jan-16 11:56     BE  of  THANI to be registered on January 21, 2016
37127.       21-Jan-16 11:55     BE  of  SASST to be registered on January 21, 2016
37128.       21-Jan-16 11:54     BE  of  ROJNA to be registered on January 21, 2016
37129.       21-Jan-16 11:54     BE  of  ROJNA to be registered on January 21, 2016
37130.       21-Jan-16 11:54     BE  of  ROJNA to be registered on January 21, 2016
37131.       21-Jan-16 11:53     BE  of  MBKET to be registered on January 21, 2016
37132.       21-Jan-16 11:53     BE  of  NPS to be registered on January 21, 2016
37133.       21-Jan-16 11:52     BE  of  MBKET to be registered on January 21, 2016
37134.       21-Jan-16 11:52     BE  of  MBKET to be registered on January 21, 2016
37135.       21-Jan-16 11:51     BE  of  MBKET to be registered on January 21, 2016
37136.       21-Jan-16 11:51     BE  of  MBKET to be registered on January 21, 2016
37137.       21-Jan-16 11:50     BE  of  KTIS to be registered on January 21, 2016
37138.       21-Jan-16 11:50     BE  of  KTIS to be registered on January 21, 2016
37139.       21-Jan-16 11:50     BE  of  MBKET to be registered on January 21, 2016
37140.       21-Jan-16 11:49     BE  of  KTC to be registered on January 21, 2016
 
 
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