21 November 2025
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 2%.SA gained the major portion or by 48% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 3 bp.Govt clean price index ended higher by 5 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was LB284A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,887,681.71   0.04  
 Number of issues 2,798  
 Total Trading Value 1,306,031.65   -2.11  
   Outright/Cash Trading 33,152.50   -33.22  
   Financing 1,272,582.54   -0.53  
   Others 296.61   -94.3  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 755,103,297.73  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.18 0.05 113.30 0.06 362.64 0.19 2.06   9.14   173.20  
    Group 1 ( 1 < TTM <=3 ) 71.70 -0.01 72.12 -0.01 228.94 -0.02 1.34   1.80   4.45  
    Group 2 ( 3 < TTM <= 7 ) 108.27 0.05 109.22 0.06 336.56 0.19 1.43   4.28   22.48  
    Group 3 ( 7 < TTM <= 10 ) 143.37 0.27 144.72 0.28 462.25 0.91 1.65   7.61   66.52  
    Group 4 ( 10 < TTM ) 192.78 0.08 195.10 0.1 634.91 0.31 2.22   15.24   344.56  
    Group 5 (<= 10) 90.39 0.04 91.14 0.05 285.07 0.15 1.49   3.77   22.53  
SOE (G) Bond Index 104.37 0.07 104.96 0.08 200.88 0.15 1.70   4.36   33.58  
SOE (NG) Bond Index 112.02 0.12 112.90 0.12 230.73 0.25 2.26   5.78   53.71  
Corporate Bond Index (BBB up) 108.30 0.04 108.92 0.05 233.19 0.1 2.61   3.00   16.55  
Corporate Bond Index (BBB+ up) 108.70 0.04 109.34 0.05 233.15 0.1 2.56   3.05   17.07  
 
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.  LB284A GB 2.05000   17-Apr-28 2.41   1.345732   101.654870   1,693.12  
2.  CBF26817A SA 1.55986   17-Aug-26 0.74   1.524200   100.022360   1,612.16  
3.  CB26108A SA 0.00000   08-Jan-26 0.13   1.250194   99.839230   1,340.84  
4.  CBF26511A SA 1.62755   11-May-26 0.47   1.511700   100.020989   1,291.82  
5.  LB294A GB 1.19000   17-Apr-29 3.41   1.365278   99.421818   1,164.65  
 
 
 
 Market News
< 3471 | 3472 | 3473 | 3474 | 3475 | 3476 | 3477 | 3478 | 3479 | 3480 |   >
Found 65024 headlines
No. Date/Time Headlines
52126.       18-Jan-11 16:32     PN of BBTM to be registered on January 18, 2011
52127.       18-Jan-11 10:56     BAY announces the fixed deposit rates.
52128.       18-Jan-11 10:53     BAY announces the lending rates.
52129.       18-Jan-11 10:06     BOT Bond Auction Results
52130.       17-Jan-11 18:33     The symbol of DBSVT11217B has been changed
52131.       17-Jan-11 18:31     STN of DBSVT to be registered on January 18, 2011
52132.       17-Jan-11 17:49     BE of AP will be registered on January 18, 2011
52133.       17-Jan-11 17:42     BBTM informs to exercise put option on January 17, 2011
52134.       17-Jan-11 17:42     BE of KTC will be registered on January 17 , 2011.
52135.       17-Jan-11 17:41     BE of NPS to be registered on January 18, 2011
52136.       17-Jan-11 17:41     S-T debentures of DBBK to be registered on January 17 and 18, 2011
52137.       17-Jan-11 17:41     PN of BBTM to be registered on January 17, 2011
52138.       17-Jan-11 16:52     S-T debentures of SCBT to be registered on January 17, 2011
52139.       17-Jan-11 10:35     UOB announces the lending rates.
52140.       17-Jan-11 10:34     UOB Bank Plc. (UOB) announces the fixed deposit rates.
 
 
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