7 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 increased by 8%.Govt gained the major portion or by 48% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields increased by 0 to 2 bp.Govt clean price index ended lower by -5 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was LB27NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,294,923.64   -0.06  
 Number of issues 2,743  
 Total Trading Value 1,387,889.76   8.47  
   Outright/Cash Trading 63,933.58   -13.4  
   Financing 1,321,894.54   9.63  
   Others 2,061.64   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 663,866,789.77  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.66 -0.05 106.41 -0.05 349.07 -0.15 2.67   8.31   144.80  
    Group 1 ( 1 < TTM <=3 ) 71.29 -0.02 71.87 -0.01 231.92 -0.05 1.25   1.97   5.25  
    Group 2 ( 3 < TTM <= 7 ) 106.85 -0.01 107.51 -0.01 338.85 -0.02 1.64   4.36   23.17  
    Group 3 ( 7 < TTM <= 10 ) 138.25 0.01 139.17 0.02 454.22 0.07 2.15   7.98   72.39  
    Group 4 ( 10 < TTM ) 171.39 -0.19 172.64 -0.17 578.80 -0.58 3.01   14.70   318.76  
    Group 5 (<= 10) 89.08 -0.01 89.69 0.00 286.38 -0.01 1.79   3.91   25.09  
SOE (G) Bond Index 102.51 -0.03 103.05 -0.03 200.68 -0.05 2.05   4.35   31.85  
SOE (NG) Bond Index 109.54 -0.04 110.29 -0.03 230.64 -0.06 2.58   5.43   47.01  
Corporate Bond Index (BBB up) 107.90 -0.02 108.63 -0.01 238.61 -0.02 2.58   3.03   16.40  
Corporate Bond Index (BBB+ up) 108.26 -0.02 109.00 -0.01 238.37 -0.03 2.53   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.  LB27NA GB 2.40000   17-Nov-27 1.19   1.113145   101.505616   5,688.78  
2.  TB27310A TB 0.00000   10-Mar-27 0.50   0.942839   99.532261   4,890.02  
3.  LB556A GB 4.00000   17-Jun-55 28.79   3.209697   114.762386   4,824.04  
4.  LB276A GB 1.00000   17-Jun-27 0.78   1.083643   99.934195   4,175.83  
5.  LB273A GB 2.25000   17-Mar-27 0.52   1.042959   100.629299   3,969.71  
 
 
 
 Market News
< 3581 | 3582 | 3583 | 3584 | 3585 | 3586 | 3587 | 3588 | 3589 | 3590 |   >
Found 66378 headlines
No. Date/Time Headlines
53791.       24-Nov-10 13:32     S-T debentures of SCBT to be registered on November 24, 2010
53792.       24-Nov-10 11:08     The coupon rate of DBBK10D03A has been changed.
53793.       24-Nov-10 10:39     Loan Bonds Auction Results (revised)
53794.       23-Nov-10 17:33     TISCO's subordinated and unsecured debentures has been assigned by Fitch Ratings
53795.       23-Nov-10 17:19     AYFCASH has been affirmed ratings by Fitch Ratings
53796.       23-Nov-10 16:55     BE of ROJNA will be registered on November 24, 2010
53797.       23-Nov-10 16:52     BE of FNS to be registered on November 23, 2010
53798.       23-Nov-10 16:39     BE of TISCOG to be registered on November 23, 2010
53799.       23-Nov-10 16:38     BE of PS will be registered on November 24, 2010
53800.       23-Nov-10 14:58     The issue size of KEST10D17A has been changed.
53801.       23-Nov-10 10:46     BOT Bond Auction Results
53802.       23-Nov-10 09:52     DTAC has been upgraded the company ratings by Fitch Ratings.
53803.       22-Nov-10 17:47     S-T debentures of DBBK to be registered on November 22 and 23, 2010
53804.       22-Nov-10 17:38     S-T debentures of TLT to be registered on November 22, 2010
53805.       22-Nov-10 17:17     BE of PTTEP to be registered on November 23, 2010
 
 
Disclamer