24 November 2025
Service Manager :  Sineerat (0-2257-0357 # 301)
  Home > ASEAN Bond Market  
 
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 20%.Govt gained the major portion or by 59% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -6 to 4 bp.Govt clean price index ended higher by 24 bp and corp index (BBB up) closed higher by 13 bp.The most active issue was LB294A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,880,963.39   -0.04  
 Number of issues 2,794  
 Total Trading Value 1,048,941.34   -19.68  
   Outright/Cash Trading 50,131.45   51.21  
   Financing 997,548.75   -21.61  
   Others 1,261.14   325.19  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 757,295,036.27  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.42 0.24 113.57 0.25 363.48 0.81 2.03   9.14   173.31  
    Group 1 ( 1 < TTM <=3 ) 71.78 0.09 72.21 0.09 229.24 0.29 1.27   1.79   4.42  
    Group 2 ( 3 < TTM <= 7 ) 108.45 0.19 109.43 0.2 337.19 0.6 1.39   4.27   22.41  
    Group 3 ( 7 < TTM <= 10 ) 143.70 0.33 145.08 0.34 463.38 1.09 1.62   7.60   66.43  
    Group 4 ( 10 < TTM ) 193.33 0.56 195.69 0.57 636.84 1.86 2.20   15.24   344.61  
    Group 5 (<= 10) 90.53 0.14 91.29 0.15 285.55 0.46 1.45   3.77   22.48  
SOE (G) Bond Index 104.56 0.19 105.16 0.2 201.27 0.37 1.66   4.36   33.57  
SOE (NG) Bond Index 112.26 0.24 113.14 0.25 231.27 0.52 2.22   5.78   53.72  
Corporate Bond Index (BBB up) 108.42 0.13 109.05 0.14 233.53 0.31 2.57   3.00   16.55  
Corporate Bond Index (BBB+ up) 108.83 0.14 109.46 0.14 233.49 0.31 2.52   3.05   17.05  
 
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.  LB294A GB 1.19000   17-Apr-29 3.40   1.280415   99.702373   4,811.94  
2.  LB303A GB 1.66000   17-Mar-30 4.31   1.327394   101.393308   3,353.91  
3.  LB284A GB 2.05000   17-Apr-28 2.40   1.275878   101.817488   3,352.13  
4.  CB26219A SA 0.00000   19-Feb-26 0.24   1.233428   99.713430   2,042.13  
5.  LB273A GB 2.25000   17-Mar-27 1.31   1.257341   101.285924   1,907.08  
 
 
 
 Market News
< 3961 | 3962 | 3963 | 3964 | 3965 | 3966 | 3967 | 3968 | 3969 | 3970 |   >
Found 65073 headlines
No. Date/Time Headlines
59536.       02-Nov-07 11:50     Short-term debentures of DBBK is registered on November 2, 2007
59537.       02-Nov-07 11:49     Short-term debentures of TMB will be registered on November 5, 2007
59538.       02-Nov-07 11:48     PN of BBTM is registered on November 2, 2007
59539.       02-Nov-07 11:48     PN of TSFC  is registered on November 2, 2007
59540.       02-Nov-07 11:37     BOT Bond Auction Result
59541.       02-Nov-07 10:16     MP has been assigned the company rating by TRIS
59542.       01-Nov-07 17:48     Short-term debentures of SCB will be registered on November 2, 2007
59543.       01-Nov-07 16:48     Auction Schedule of NHA Bonds in November 2007
59544.       01-Nov-07 16:40     Auction Schedule of BOT Bonds in November 2007
59545.       01-Nov-07 16:18     BE of HWAY will be registered on November 2, 2007
59546.       01-Nov-07 16:17     BE of SPL will be registered on November 2, 2007
59547.       01-Nov-07 14:07     PN of BBTM is registered on November 1, 2007
59548.       01-Nov-07 09:10     ESPV102A has been informed the principal repayment
59549.       31-Oct-07 17:42     Auction Schedule of BOT Bond in November 2007
59550.       31-Oct-07 15:27     BE of TK to be registered on October 31, 2007
 
 
Disclamer