26 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 5%.SA gained the major portion or by 60% of total outright trading value , following by Govt and CP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 7 bp.Govt clean price index ended lower by -2 bp while corp index (BBB up) closed higher by 5 bp.The most active issue was CB26827A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,248,511.60   0.04  
 Number of issues 2,754  
 Total Trading Value 1,317,854.22   -4.97  
   Outright/Cash Trading 158,560.75   172.92  
   Financing 1,156,068.60   -12.99  
   Others 3,224.87   3167.68  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 629,948,577.21  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.44 -0.02 105.55 -0.01 342.43 -0.03 2.80   8.15   140.08  
    Group 1 ( 1 < TTM <=3 ) 71.43 0.02 71.85 0.02 230.71 0.07 1.30   1.96   5.25  
    Group 2 ( 3 < TTM <= 7 ) 106.49 -0.02 107.47 -0.01 335.40 -0.04 1.72   4.17   21.16  
    Group 3 ( 7 < TTM <= 10 ) 136.73 0.09 137.91 0.1 446.33 0.33 2.25   7.60   66.42  
    Group 4 ( 10 < TTM ) 167.43 -0.1 169.82 -0.09 560.47 -0.28 3.14   14.20   300.71  
    Group 5 (<= 10) 88.83 0.01 89.53 0.02 283.67 0.06 1.87   3.74   23.07  
SOE (G) Bond Index 102.40 0.07 102.96 0.03 199.26 0.15 2.09   4.44   33.35  
SOE (NG) Bond Index 108.43 0.1 109.26 0.08 226.51 0.22 2.77   5.48   47.97  
Corporate Bond Index (BBB up) 107.56 0.05 108.19 0.04 235.62 0.12 2.71   2.95   15.82  
Corporate Bond Index (BBB+ up) 107.93 0.05 108.56 0.04 235.44 0.12 2.66   3.00   16.33  
 
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.  CB26827A SA 0.00000   27-Aug-26 0.25   0.824934   99.794763   52,314.41  
2.  CB26D11A SA 0.00000   11-Dec-26 0.55   0.909615   99.508988   6,720.84  
3.  CB26702A SA 0.00000   02-Jul-26 0.10   0.830460   99.918228   6,590.61  
4.  LB273A GB 2.25000   17-Mar-27 0.81   1.038331   100.962403   6,360.04  
5.  LB276A GB 1.00000   17-Jun-27 1.06   1.104679   99.891741   5,242.92  
 
 
 
 Market News
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Found 65889 headlines
No. Date/Time Headlines
39481.       31-Jul-15 11:32     BE  of  KTC to be registered on July 31, 2015
39482.       31-Jul-15 11:31     BE  of  KTC to be registered on July 31, 2015
39483.       31-Jul-15 11:31     BE  of  KTC to be registered on July 31, 2015
39484.       31-Jul-15 09:50     BoT Bond Auction Results
39485.       29-Jul-15 15:47     DTN187A, DTN207A, DTN227A and DTN257A are registered with ThaiBMA on July 29, 2015
39486.       29-Jul-15 15:47     DTN187A, DTN207A, DTN227A and DTN257A are registered with ThaiBMA on July 29, 2015
39487.       29-Jul-15 15:47     DTN187A, DTN207A, DTN227A and DTN257A are registered with ThaiBMA on July 29, 2015
39488.       29-Jul-15 15:47     DTN187A, DTN207A, DTN227A and DTN257A are registered with ThaiBMA on July 29, 2015
39489.       29-Jul-15 14:56     S-T debentures  of  TLT to be registered on July 29, 2015
39490.       29-Jul-15 14:56     STN   of  DBSV to be registered on July 29, 2015
39491.       29-Jul-15 14:55     BE  of  W to be registered on July 29, 2015
39492.       29-Jul-15 14:55     BE  of  WORK to be registered on July 29, 2015
39493.       29-Jul-15 14:54     BE  of  UV to be registered on July 29, 2015
39494.       29-Jul-15 14:54     BE  of  UV to be registered on July 29, 2015
39495.       29-Jul-15 14:53     BE  of  TISCOG to be registered on July 29, 2015
 
 
Disclamer