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
< 4061 | 4062 | 4063 | 4064 | 4065 | 4066 | 4067 | 4068 | 4069 | 4070 |   >
Found 65073 headlines
No. Date/Time Headlines
61036.       13-Mar-07 14:42     BE of KTC will be registered on March 14 and 15, 2007
61037.       13-Mar-07 14:41     BE of ART is registered on March 13, 2007
61038.       13-Mar-07 10:54     BoT Auction Result
61039.       12-Mar-07 17:31     S-T debentures of HSBC will be registered on March 13, 2007
61040.       12-Mar-07 17:30     S-T debentures of SCBT will be registered on March 13, 2007
61041.       12-Mar-07 17:30     BE of SPL will be registered on March 13, 14 and 15, 2007
61042.       12-Mar-07 17:29     BE of MINT is registered on March 12, 2007
61043.       12-Mar-07 17:28     S-T debentures of DBBK are registered on March 12 and 13, 2007
61044.       12-Mar-07 13:50     DCT has been assigned the National Long-term rating by Fitch Ratings
61045.       12-Mar-07 10:56     Treasury Bill Auction Result
61046.       12-Mar-07 09:18     TMB announces the fixed deposit rates on March 12, 2007
61047.       09-Mar-07 17:20     14-day BoT's bond Auction Schedule  on  March  13,  2007
61048.       09-Mar-07 15:53     BE of LH will be registered on March 12, 2007
61049.       09-Mar-07 15:52     S-T debentures of SCBT will be registered on March 12, 2007
61050.       09-Mar-07 15:52     BE of CK will be registered on March 12, 2007
 
 
Disclamer