9 September 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 decreased by 9%.Govt gained the major portion or by 49% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 4 bp.Govt clean price index ended lower by -13 bp and corp index (BBB up) closed lower by -4 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,286,998.64   -0.01  
 Number of issues 2,741  
 Total Trading Value 1,292,171.10   -9.36  
   Outright/Cash Trading 58,491.96   -44.95  
   Financing 1,228,975.01   -6.4  
   Others 4,704.14   -26.75  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 661,327,640.58  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.48 -0.13 106.24 -0.13 348.53 -0.41 2.69   8.30   144.55  
    Group 1 ( 1 < TTM <=3 ) 71.25 -0.03 71.84 -0.03 231.83 -0.09 1.27   1.97   5.22  
    Group 2 ( 3 < TTM <= 7 ) 106.70 -0.11 107.37 -0.1 338.42 -0.33 1.67   4.35   23.11  
    Group 3 ( 7 < TTM <= 10 ) 137.95 -0.2 138.88 -0.19 453.27 -0.62 2.18   7.97   72.26  
    Group 4 ( 10 < TTM ) 170.96 -0.33 172.24 -0.31 577.46 -1.04 3.03   14.69   318.49  
    Group 5 (<= 10) 88.98 -0.07 89.60 -0.07 286.09 -0.21 1.81   3.90   25.02  
SOE (G) Bond Index 102.38 -0.08 102.93 -0.08 200.45 -0.15 2.07   4.36   31.92  
SOE (NG) Bond Index 109.37 -0.11 110.13 -0.1 230.32 -0.21 2.61   5.45   47.09  
Corporate Bond Index (BBB up) 107.84 -0.04 108.56 -0.04 238.52 -0.07 2.59   3.03   16.37  
Corporate Bond Index (BBB+ up) 108.19 -0.04 108.92 -0.04 238.27 -0.07 2.55   3.08   16.87  
 
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.  LB273A GB 2.25000   17-Mar-27 0.52   1.047348   100.616242   8,315.14  
2.  CB26D11B SA 0.00000   11-Dec-26 0.25   0.939993   99.764112   5,296.48  
3.  CBF26O05A SA 1.04591   05-Oct-26 0.07   1.004245   100.002748   3,768.23  
4.  CB26O29A SA 0.00000   29-Oct-26 0.14   0.955390   99.877883   3,292.97  
5.  CBF26O12A SA 1.19699   12-Oct-26 0.09   1.007840   100.003569   2,484.17  
 
 
 
 Market News
< 4321 | 4322 | 4323 | 4324 | 4325 | 4326 | 4327 | 4328 | 4329 | 4330 |   >
Found 66387 headlines
No. Date/Time Headlines
64921.       20-May-05 11:13     Treasury Bill Auction Results
64922.       19-May-05 10:32     SIAMDR affirmed the rating of depository receipts by TRIS
64923.       19-May-05 08:45     MoF plans to issue samurai bonds early June
64924.       19-May-05 08:42     ADB  will  issue Thai Baht Bonds worth THB 4,000 mln.
64925.       18-May-05 10:53     Loan Bond Auction Results
64926.       17-May-05 11:15     BoT's 2-Year Bond Auction Results
64927.       17-May-05 11:12     BoT Bond Auction Results
64928.       16-May-05 17:25     Major Thai Banks upgraded their rating by Fitch
64929.       16-May-05 11:09     Treasury Bill Auction Results
64930.       13-May-05 15:30     SF104A will be registered with ThaiBDC on 16 May 2005
64931.       13-May-05 09:59     TMB changed its English company's name
64932.       12-May-05 13:00     GHB's Bond Auction Results
64933.       11-May-05 11:14     Loan Bond Auction Results
64934.       10-May-05 11:14     BoT Bond Auction Results
64935.       09-May-05 11:10     Treasury Bill Auction Result
 
 
Disclamer