2 November 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 8%.Govt gained the major portion or by 51% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 15 bp.Govt clean price index ended lower by -4 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was TB27505A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,459,540.34   0.07  
 Number of issues 2,788  
 Total Trading Value 1,465,766.48   8.46  
   Outright/Cash Trading 56,011.94   -38.74  
   Financing 1,409,222.68   11.88  
   Others 531.86   17.77  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,314,581.64  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.93 -0.04 106.91 -0.03 351.41 -0.1 2.63   8.17   141.45  
    Group 1 ( 1 < TTM <=3 ) 71.17 -0.01 71.69 0.00 232.46 0.00 1.24   1.89   4.90  
    Group 2 ( 3 < TTM <= 7 ) 106.81 -0.04 107.67 -0.04 340.00 -0.11 1.63   4.26   22.20  
    Group 3 ( 7 < TTM <= 10 ) 139.45 -0.16 140.52 -0.15 459.70 -0.48 2.04   7.87   70.52  
    Group 4 ( 10 < TTM ) 172.21 -0.05 174.25 -0.03 584.38 -0.1 2.98   14.52   311.79  
    Group 5 (<= 10) 89.18 -0.04 89.83 -0.03 287.73 -0.1 1.74   3.80   24.17  
SOE (G) Bond Index 102.90 -0.02 103.54 -0.02 202.09 -0.03 1.97   4.60   33.52  
SOE (NG) Bond Index 110.12 0.02 110.89 0.03 232.84 0.07 2.49   5.43   46.95  
Corporate Bond Index (BBB up) 107.96 -0.02 108.58 -0.02 239.96 -0.03 2.54   3.03   16.39  
Corporate Bond Index (BBB+ up) 108.31 -0.02 108.95 -0.02 239.70 -0.03 2.50   3.08   16.89  
 
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.  TB27505A TB 0.00000   05-May-27 0.50   0.855500   99.575431   6,560.03  
2.  LB365A GB 1.84000   17-May-36 9.55   2.076043   97.959674   4,442.56  
3.  CB26N26A SA 0.00000   26-Nov-26 0.07   0.808319   99.947502   3,547.14  
4.  BAM286B A- 0.00000   29-Jun-28 1.66   2.540000   95.914552   3,304.26  
5.  LB299A GB 1.30000   17-Sep-29 2.88   1.340869   99.890421   2,950.54  
 
 
 
 Market News
< 2851 | 2852 | 2853 | 2854 | 2855 | 2856 | 2857 | 2858 | 2859 | 2860 |   >
Found 66511 headlines
No. Date/Time Headlines
42826.       20-Nov-14 15:20     BE  of  SAWAD to be registered on November 20, 2014
42827.       20-Nov-14 15:20     BE  of  SC to be registered on November 20, 2014
42828.       20-Nov-14 15:20     BE  of  SGP to be registered on November 20, 2014
42829.       20-Nov-14 15:19     BE  of  BSL to be registered on November 20, 2014
42830.       20-Nov-14 15:19     BE  of  FPI to be registered on November 20, 2014
42831.       20-Nov-14 15:19     BE  of  GUNKUL to be registered on November 20, 2014
42832.       20-Nov-14 15:19     BE  of  KT ZMICO to be registered on November 20, 2014
42833.       20-Nov-14 15:18     BE  of  AWS to be registered on November 20, 2014
42834.       20-Nov-14 15:07     BE and S-T debentures  of  ASK to be registered on November 20, 2014
42835.       20-Nov-14 15:06     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings and Outlook of “SGP” at “BBB/Stable”
42836.       20-Nov-14 13:36     SRT's Bond Auction Result
42837.       20-Nov-14 10:07     BoT Bond Auction Results
42838.       20-Nov-14 08:53     Fitch Affirms ESSO (Thailand)'s Bills of Exchange at 'F1(tha)'
42839.       20-Nov-14 08:51     TRIS Upgrades Ratings of “HEMRAJ” to “A” from “A-” and Revises Outlook to “Developing”
42840.       19-Nov-14 13:53     Loan Bonds Auction Results: LBA37DA
 
 
Disclamer