27 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 increased by 4%.Govt gained the major portion or by 56% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 3 bp.Govt clean price index ended lower by -5 bp while corp index (BBB up) closed higher by 4 bp.The most active issue was SLB406A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,246,743.56   -0.01  
 Number of issues 2,748  
 Total Trading Value 1,368,008.56   3.81  
   Outright/Cash Trading 88,546.72   -44.16  
   Financing 1,277,654.22   10.52  
   Others 1,807.61   -43.95  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 629,069,480.58  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.39 -0.05 105.50 -0.05 342.29 -0.15 2.81   8.12   139.29  
    Group 1 ( 1 < TTM <=3 ) 71.45 0.02 71.87 0.03 230.79 0.08 1.29   1.96   5.24  
    Group 2 ( 3 < TTM <= 7 ) 106.58 0.09 107.57 0.1 335.71 0.31 1.70   4.17   21.14  
    Group 3 ( 7 < TTM <= 10 ) 136.97 0.24 138.16 0.25 447.14 0.81 2.23   7.60   66.39  
    Group 4 ( 10 < TTM ) 167.05 -0.38 169.46 -0.36 559.27 -1.2 3.16   14.16   299.31  
    Group 5 (<= 10) 88.90 0.07 89.61 0.07 283.90 0.23 1.85   3.74   23.07  
SOE (G) Bond Index 102.47 0.07 103.02 0.06 199.42 0.16 2.07   4.56   34.25  
SOE (NG) Bond Index 108.54 0.11 109.37 0.11 226.77 0.26 2.75   5.48   47.99  
Corporate Bond Index (BBB up) 107.61 0.04 108.24 0.05 235.73 0.12 2.70   2.95   15.81  
Corporate Bond Index (BBB+ up) 107.97 0.05 108.62 0.05 235.56 0.12 2.65   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.  SLB406A GB 2.70000   17-Jun-40 14.07   2.785596   99.013367   11,886.93  
2.  LB556A GB 4.00000   17-Jun-55 29.08   3.568243   107.774266   9,460.43  
3.  CB26827A SA 0.00000   27-Aug-26 0.25   0.819601   99.800402   7,614.77  
4.  LB456A GB 2.98000   17-Jun-45 19.07   3.134481   97.799454   4,728.50  
5.  CBF26615A SA 1.40804   15-Jun-26 0.05   0.974649   100.003247   3,065.12  
 
 
 
 Market News
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Found 65896 headlines
No. Date/Time Headlines
45901.       10-Oct-13 14:54     BE  of  ASK to be registered on October 10, 2013
45902.       10-Oct-13 14:54     BE  of  BSL to be registered on October 10, 2013
45903.       10-Oct-13 14:53     BE  of  AREEYA to be registered on October 10, 2013
45904.       10-Oct-13 13:29     TRIS affirms the company and current senior debenture ratings of MPSC at “A+”. / Stable
45905.       09-Oct-13 16:48     BE  of  TFD to be registered on October 09, 2013
45906.       09-Oct-13 16:47     TRIS Rating terminates the company rating of ADLC
45907.       09-Oct-13 15:22     TRIS Rating terminates the company rating of TNB
45908.       09-Oct-13 15:16     S-T debentures  of  BAY to be registered on October 09, 2013
45909.       09-Oct-13 15:16     S-T debentures  of  SCBT to be registered on October 09, 2013
45910.       09-Oct-13 15:16     STN   of  DBSVT to be registered on October 09, 2013
45911.       09-Oct-13 15:15     BE  of  AYCAL to be registered on October 09, 2013
45912.       09-Oct-13 15:15     BE  of  RG to be registered on October 09, 2013
45913.       09-Oct-13 15:14     BE  of  ASK to be registered on October 09, 2013
45914.       09-Oct-13 08:54     TRIS Rating affirms the company and senior debenture ratings of AYCAL at “A+”. / Stable
45915.       08-Oct-13 14:51     The XI date of NOBL164A has been changed.
 
 
Disclamer