29 May 2026
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 increased by 6%.SA gained the major portion or by 60% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields decreased by -8 to -1 bp.Govt clean price index ended higher by 30 bp and corp index (BBB up) closed higher by 12 bp.The most active issue was CB26903A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,280,026.81   0.26  
 Number of issues 2,748  
 Total Trading Value 1,448,746.29   5.63  
   Outright/Cash Trading 132,532.90   21.06  
   Financing 1,313,338.54   4.44  
   Others 2,874.84   -37.3  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 635,844,045.03  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.72 0.3 105.85 0.31 343.41 1.01 2.77   8.16   140.40  
    Group 1 ( 1 < TTM <=3 ) 71.48 0.03 71.91 0.04 230.91 0.12 1.26   1.95   5.22  
    Group 2 ( 3 < TTM <= 7 ) 106.73 0.15 107.73 0.16 336.23 0.5 1.66   4.16   21.11  
    Group 3 ( 7 < TTM <= 10 ) 137.46 0.53 138.67 0.54 448.80 1.74 2.18   7.60   66.36  
    Group 4 ( 10 < TTM ) 168.00 0.81 170.44 0.83 562.50 2.74 3.12   14.19   300.23  
    Group 5 (<= 10) 89.02 0.13 89.74 0.14 284.33 0.43 1.81   3.74   23.07  
SOE (G) Bond Index 102.63 0.2 103.18 0.19 199.74 0.39 2.04   4.56   34.28  
SOE (NG) Bond Index 108.75 0.26 109.56 0.23 227.24 0.56 2.72   5.49   48.07  
Corporate Bond Index (BBB up) 107.70 0.12 108.35 0.12 235.98 0.27 2.67   2.96   15.92  
Corporate Bond Index (BBB+ up) 108.07 0.12 108.73 0.13 235.81 0.28 2.62   3.02   16.43  
 
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.  CB26903A SA 0.00000   03-Sep-26 0.25   0.814725   99.797289   51,017.37  
2.  TB26D02A TB 0.00000   02-Dec-26 0.50   0.838862   99.592755   15,146.07  
3.  LB276A GB 1.00000   17-Jun-27 1.05   1.071795   99.927469   6,188.02  
4.  LB456A GB 2.98000   17-Jun-45 19.07   3.071154   98.696958   3,111.14  
5.  CB26625A SA 0.00000   25-Jun-26 0.07   0.811685   99.949389   3,002.48  
 
 
 
 Market News
< 4241 | 4242 | 4243 | 4244 | 4245 | 4246 | 4247 | 4248 | 4249 | 4250 |   >
Found 65932 headlines
No. Date/Time Headlines
63736.       02-May-06 17:50     Thai PTT to sell up to 4 bln baht bonds this month
63737.       02-May-06 17:25     SCC's Long-term corporate bonds will be registered with ThaiBMA on May 3, 2006
63738.       02-May-06 14:36     BoT's 2-year bond Auction Result
63739.       02-May-06 12:09     BoT Auction Result
63740.       28-Apr-06 18:34     SCBT's short-term debentures will be registered on May 2, 2006
63741.       28-Apr-06 18:16     TICON's BE will be registered with ThaiBMA on May 2, 2006
63742.       28-Apr-06 18:13     Rojana's BE will be registered with ThaiBMA on May 2, 2006
63743.       28-Apr-06 18:04     TK's BE will be registered with ThaiBMA on May 2, 2006
63744.       28-Apr-06 11:43     RAIMON: Taksin Hotel issuance/offer of debentures to Lehman Brothers
63745.       28-Apr-06 11:10     LH has been affirmed the company rating and the issue rating by TRIS Ratings.
63746.       28-Apr-06 11:07     SPL has been affirmed the issue rating by TRIS Rating
63747.       27-Apr-06 18:10     UFIC's BE will be registered with ThaiBMA on April 28, 2006
63748.       27-Apr-06 18:09     SPL's BE will be registered with ThaiBMA on April 28, 2006
63749.       26-Apr-06 18:25     MBK's BE will be registered with ThaiBMA on April 27,2006.
63750.       26-Apr-06 18:24     HWAY's BE will be registered with ThaiBMA on April 27, 2006
 
 
Disclamer