10 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 decreased by 8%.SA gained the major portion or by 61% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields increased by 0 to 3 bp.Govt clean price index ended lower by -19 bp and corp index (BBB up) closed lower by -6 bp.The most active issue was CBF27913A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,283,344.49   -0.02  
 Number of issues 2,744  
 Total Trading Value 1,192,829.33   -7.69  
   Outright/Cash Trading 88,244.72   50.87  
   Financing 1,103,795.61   -10.19  
   Others 789.01   -83.23  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 659,609,091.64  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.30 -0.19 106.06 -0.18 347.94 -0.59 2.71   8.28   144.09  
    Group 1 ( 1 < TTM <=3 ) 71.21 -0.04 71.81 -0.03 231.73 -0.1 1.30   1.96   5.21  
    Group 2 ( 3 < TTM <= 7 ) 106.57 -0.13 107.25 -0.12 338.04 -0.38 1.70   4.35   23.07  
    Group 3 ( 7 < TTM <= 10 ) 137.61 -0.34 138.55 -0.33 452.19 -1.08 2.21   7.96   72.17  
    Group 4 ( 10 < TTM ) 170.49 -0.47 171.78 -0.46 575.92 -1.54 3.05   14.67   317.73  
    Group 5 (<= 10) 88.88 -0.1 89.51 -0.09 285.79 -0.3 1.84   3.90   24.96  
SOE (G) Bond Index 102.27 -0.11 102.83 -0.1 200.26 -0.19 2.10   4.36   31.85  
SOE (NG) Bond Index 109.23 -0.14 110.00 -0.14 230.04 -0.27 2.63   5.44   47.00  
Corporate Bond Index (BBB up) 107.78 -0.06 108.50 -0.06 238.41 -0.11 2.61   3.02   16.34  
Corporate Bond Index (BBB+ up) 108.13 -0.06 108.86 -0.06 238.15 -0.12 2.57   3.08   16.85  
 
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.  CBF27913A SA 1.05111   13-Sep-27 1.00   1.025704   100.025625   29,090.48  
2.  CB26O08A SA 0.00000   08-Oct-26 0.08   0.910512   99.938241   2,759.29  
3.  LB276A GB 1.00000   17-Jun-27 0.77   1.126813   99.902712   2,496.62  
4.  BJC289B A 0.00000   01-Sep-28 1.98   1.520000   97.079299   2,450.67  
5.  LB273A GB 2.25000   17-Mar-27 0.52   1.056070   100.608878   2,382.75  
 
 
 
 Market News
< 4301 | 4302 | 4303 | 4304 | 4305 | 4306 | 4307 | 4308 | 4309 | 4310 |   >
Found 66394 headlines
No. Date/Time Headlines
64546.       09-Dec-05 11:14     KBANK raises the fixed deposit rates and the lending rates
64547.       09-Dec-05 11:12     BBL raises the fixed deposit rates and the lending rates
64548.       09-Dec-05 11:02     Treasury Bill Auction Results
64549.       08-Dec-05 17:39     Updated: Excel calculation for PTCH074A
64550.       08-Dec-05 16:34     GHB's bonds Auction Result
64551.       08-Dec-05 13:21     AI Calculation for PTCH074A
64552.       08-Dec-05 10:55     LOXLEY has been affirmed the company rating and the issue rating by TRIS
64553.       07-Dec-05 11:14     Loan Bond Auction Results
64554.       07-Dec-05 10:05     TMB raises the fixed deposit rates and the lending rates
64555.       06-Dec-05 17:33     TOC will be merged with NPC on December 7, 2005
64556.       06-Dec-05 14:38     SCB raises the fixed deposit rates and the lending rates  on December 6,2005
64557.       06-Dec-05 11:41     BoT's 2-year Bond Auction Results
64558.       06-Dec-05 11:39     BoT Bond Auction Results
64559.       02-Dec-05 11:44     Treasury Bill Auction Results
64560.       01-Dec-05 18:11     SPL06NA will be registered with ThaiBDC on December 2, 2005
 
 
Disclamer