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
< 4341 | 4342 | 4343 | 4344 | 4345 | 4346 | 4347 | 4348 | 4349 | 4350 |   >
Found 65932 headlines
No. Date/Time Headlines
65206.       19-Aug-03 09:24     Bond issuance in August and September
65207.       18-Aug-03 11:21     Treasury Bill Auction Result
65208.       18-Aug-03 10:34     SRT to issue guarantee bonds
65209.       18-Aug-03 10:27     MEA to issue bonds
65210.       18-Aug-03 09:07     conpon of Ratchthani bond set at "3.2%"
65211.       15-Aug-03 11:04     Golden Land bond fixed at "3.2%"
65212.       15-Aug-03 09:08     TCA to issue THB 1,200 mln.bond
65213.       14-Aug-03 13:57     SSI bond assigned at "BBB"
65214.       14-Aug-03 12:52     SSI to issue its bond
65215.       14-Aug-03 12:49     MEA bond auction result
65216.       14-Aug-03 09:09     Hi-Way plans to issue THB 500 mln.bond
65217.       13-Aug-03 12:46     SRT to issue guarantee bonds
65218.       13-Aug-03 09:12     Fed remains its rate at 1%
65219.       11-Aug-03 14:23     Ratchthani to issue bond
65220.       11-Aug-03 11:16     BOT Bond Auction Result
 
 
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