3 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 decreased by 9%.SA gained the major portion or by 63% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields decreased by -3 to 0 bp.Govt clean price index ended higher by 9 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was CBF27308A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,260,070.49   0.08  
 Number of issues 2,736  
 Total Trading Value 1,362,586.12   -8.79  
   Outright/Cash Trading 110,257.59   24.84  
   Financing 1,247,385.39   -11.18  
   Others 4,943.15   298.46  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 660,621,874.89  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.68 0.09 106.39 0.09 349.01 0.31 2.67   8.31   144.97  
    Group 1 ( 1 < TTM <=3 ) 71.30 0.00 71.87 0.01 231.91 0.03 1.24   1.98   5.29  
    Group 2 ( 3 < TTM <= 7 ) 106.83 0.05 107.46 0.06 338.72 0.18 1.65   4.37   23.27  
    Group 3 ( 7 < TTM <= 10 ) 138.30 0.31 139.18 0.32 454.25 1.03 2.15   7.97   72.21  
    Group 4 ( 10 < TTM ) 171.42 0.18 172.61 0.2 578.69 0.67 3.01   14.71   318.95  
    Group 5 (<= 10) 89.09 0.06 89.68 0.06 286.34 0.2 1.78   3.90   24.86  
SOE (G) Bond Index 102.51 0.07 103.03 0.08 200.64 0.15 2.04   4.36   31.95  
SOE (NG) Bond Index 109.55 0.1 110.30 0.08 230.58 0.22 2.58   5.44   47.12  
Corporate Bond Index (BBB up) 107.88 0.04 108.62 0.05 238.48 0.11 2.58   3.01   16.31  
Corporate Bond Index (BBB+ up) 108.25 0.04 109.00 0.05 238.27 0.12 2.54   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.  CBF27308A SA 1.04609   08-Mar-27 0.50   0.983863   100.032835   29,189.58  
2.  CBF26O05A SA 1.04560   05-Oct-26 0.09   1.002731   100.003620   11,487.52  
3.  BOT285A SA 1.28000   25-May-28 1.73   1.237258   100.066628   8,255.74  
4.  LB556A GB 4.00000   17-Jun-55 28.81   3.210241   114.753086   5,065.56  
5.  LB284A GB 2.05000   17-Apr-28 1.62   1.178339   101.382485   3,852.90  
 
 
 
 Market News
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Found 66371 headlines
No. Date/Time Headlines
42331.       05-Jan-15 08:25     Reset Date: BECL173A
42332.       05-Jan-15 08:24     Reset Date: BECL155A
42333.       30-Dec-14 12:01     BE of ASK to be registered on December 30, 2014
42334.       30-Dec-14 12:00     S-T debentures of ASK to be registered on December 30, 2014
42335.       30-Dec-14 09:46     TRIS Rating Upgrades Company & Senior Unsecured Debt Ratings of “AYCAL”
to “AA-” from “A+” with “St
42336.       30-Dec-14 09:45     TRIS Rating upgrades the company rating and the senior unsecured debenture ratings of EASY BUY PLC t
42337.       30-Dec-14 08:56     BE of LH will be registered on December 30, 2014
42338.       30-Dec-14 08:56     BE of KTC to be registered on December 30, 2014
42339.       29-Dec-14 14:50     TRIS Rating Downgrades Company & Senior Debt Ratings of “BANPU”
42340.       29-Dec-14 11:18     BE of TFG to be registered on December 29, 2014
42341.       29-Dec-14 10:33     Treasury Bill Auction Results
42342.       29-Dec-14 09:47     CPALL17DA and CPALL26DA are registered with ThaiBMA on December 26, 2014
42343.       29-Dec-14 09:31     HMPRO19DA is registered with ThaiBMA on December 26, 2014
42344.       29-Dec-14 09:22     THAI19DA, THAI21DA and THAI24DA are registered with ThaiBMA on December 26, 2014
42345.       29-Dec-14 09:10     BE of KTC to be registered on December 26, 2014
 
 
Disclamer