3 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 5%.SA gained the major portion or by 61% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 15 bp.Govt clean price index ended higher by 5 bp and corp index (BBB up) closed higher by 2 bp.The most active issue was CB27204B.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,447,626.04   -0.06  
 Number of issues 2,783  
 Total Trading Value 1,541,452.84   5.16  
   Outright/Cash Trading 156,623.49   179.63  
   Financing 1,380,542.24   -2.04  
   Others 4,287.11   706.06  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,805,585.44  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.99 0.05 106.97 0.06 351.61 0.2 2.63   8.17   141.38  
    Group 1 ( 1 < TTM <=3 ) 71.18 0.01 71.70 0.01 232.51 0.04 1.23   1.89   4.89  
    Group 2 ( 3 < TTM <= 7 ) 106.85 0.04 107.72 0.05 340.16 0.15 1.62   4.26   22.18  
    Group 3 ( 7 < TTM <= 10 ) 139.64 0.19 140.72 0.2 460.36 0.65 2.03   7.87   70.49  
    Group 4 ( 10 < TTM ) 172.30 0.1 174.36 0.11 584.76 0.38 2.97   14.52   311.61  
    Group 5 (<= 10) 89.22 0.04 89.88 0.05 287.88 0.15 1.73   3.80   24.16  
SOE (G) Bond Index 102.93 0.03 103.58 0.03 202.17 0.07 1.96   4.65   33.86  
SOE (NG) Bond Index 110.19 0.07 110.97 0.08 233.00 0.16 2.47   5.42   46.96  
Corporate Bond Index (BBB up) 107.99 0.02 108.61 0.03 240.03 0.07 2.54   3.03   16.40  
Corporate Bond Index (BBB+ up) 108.34 0.02 108.97 0.03 239.77 0.07 2.50   3.08   16.91  
 
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.  CB27204B SA 0.00000   04-Feb-27 0.25   0.812613   99.797813   60,033.37  
2.  CB27N04A SA 0.00000   04-Nov-27 1.00   0.928322   99.082715   18,968.39  
3.  LB27NA GB 2.40000   17-Nov-27 1.04   1.051140   101.371498   17,671.24  
4.  CB26N26A SA 0.00000   26-Nov-26 0.06   0.824068   99.949877   4,461.76  
5.  LB365A GB 1.84000   17-May-36 9.54   2.061826   98.081437   4,425.58  
 
 
 
 Market News
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Found 66513 headlines
No. Date/Time Headlines
46006.       12-Dec-13 16:43     BE  of  WHA to be registered on December 12, 2013
46007.       12-Dec-13 16:42     BE  of  ASK to be registered on December 12, 2013
46008.       12-Dec-13 16:42     BE  of  AYCAL to be registered on December 12, 2013
46009.       12-Dec-13 16:42     BE  of  PL to be registered on December 12, 2013
46010.       12-Dec-13 16:42     BE  of  SGP to be registered on December 12, 2013
46011.       12-Dec-13 14:41     TRIS affirms the company and existing senior debenture ratings of TPIPL at “BBB+”/ Stable.
46012.       12-Dec-13 14:18     BMTA's Bonds Auction Results
46013.       12-Dec-13 13:28     PL166A is registered with ThaiBMA on December 12, 2013.
46014.       11-Dec-13 15:26     S-T debentures  of  BAY to be registered on December 11, 2013
46015.       11-Dec-13 15:26     S-T debentures  of  SCBT to be registered on December 11, 2013
46016.       11-Dec-13 15:26     S-T debentures  of  TLT to be registered on December 11, 2013
46017.       11-Dec-13 15:25     BE  of  CENTEL to be registered on December 11, 2013
46018.       11-Dec-13 15:25     BE  of  ITD to be registered on December 11, 2013
46019.       11-Dec-13 12:15     Loan Bonds Auction Results
46020.       11-Dec-13 10:07     Fitch Affirms Ratings on Six Policy Banks in Thailand
 
 
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