20 May 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 increased by 6%.Govt gained the major portion or by 57% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 12 bp.Govt clean price index ended lower by -43 bp and corp index (BBB up) closed lower by -15 bp.The most active issue was LB456A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,238,544.94   -0.34  
 Number of issues 2,757  
 Total Trading Value 1,471,085.62   5.82  
   Outright/Cash Trading 63,576.24   -44.15  
   Financing 1,405,071.05   10.31  
   Others 2,438.33   -5.97  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 629,814,329.80  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.28 -0.43 105.33 -0.43 341.73 -1.38 2.83   8.17   141.35  
    Group 1 ( 1 < TTM <=3 ) 71.38 -0.04 71.77 -0.04 230.46 -0.11 1.35   1.98   5.32  
    Group 2 ( 3 < TTM <= 7 ) 106.32 -0.17 107.26 -0.16 334.74 -0.51 1.76   4.18   21.28  
    Group 3 ( 7 < TTM <= 10 ) 136.16 -0.61 137.29 -0.71 444.32 -1.96 2.31   7.61   66.55  
    Group 4 ( 10 < TTM ) 167.15 -1.27 169.46 -1.2 559.27 -4.14 3.16   14.27   304.41  
    Group 5 (<= 10) 88.69 -0.15 89.35 -0.16 283.10 -0.45 1.91   3.74   23.05  
SOE (G) Bond Index 102.08 -0.15 102.65 -0.17 198.57 -0.27 2.16   4.44   33.33  
SOE (NG) Bond Index 108.00 -0.38 108.85 -0.37 225.52 -0.77 2.84   5.42   47.41  
Corporate Bond Index (BBB up) 107.40 -0.15 108.02 -0.14 235.14 -0.31 2.77   2.94   15.76  
Corporate Bond Index (BBB+ up) 107.76 -0.16 108.40 -0.15 234.96 -0.32 2.72   2.99   16.26  
 
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.  LB456A GB 2.98000   17-Jun-45 19.09   3.261300   96.033011   4,327.94  
2.  LB365A GB 1.84000   17-May-36 10.00   2.403084   95.018410   3,827.80  
3.  CB26618A SA 0.00000   18-Jun-26 0.08   0.830651   99.937520   3,099.06  
4.  LB336A GB 3.35000   17-Jun-33 7.08   2.127411   107.991457   3,050.65  
5.  CB26709A SA 0.00000   09-Jul-26 0.14   0.822464   99.887650   2,873.77  
 
 
 
 Market News
< 981 | 982 | 983 | 984 | 985 | 986 | 987 | 988 | 989 | 990 |   >
Found 65873 headlines
No. Date/Time Headlines
14776.       29-Mar-21 09:24     Fitch Affirms KASIKORNBANK's IDR at 'BBB'; Support Rating Floor Revised to 'BBB'
14777.       29-Mar-21 09:17     Fitch Affirms Ratings of Krung Thai Bank and Securities Subsidiary; Outlook Stable
14778.       26-Mar-21 19:37     แนวทางการดำเนินการของบริษัท การบินไทย จำกัด (มหาชน) กรณีส่วนของผู้ถือหุ้นมีค่าน้อยกว่าศูนย์
14779.       26-Mar-21 17:12     Fitch Affirms Siam Commercial Bank at 'BBB', Subsidiary at 'AA(tha)'; Revises Bank's SRF to 'BBB'
14780.       26-Mar-21 16:57     Fitch Affirms Bank of Ayudhya at 'BBB+'; Outlook Stable
14781.       26-Mar-21 16:45     Fitch Affirms PTT Global Chemical at 'AA+(tha)'; Outlook Negative
14782.       26-Mar-21 14:13     Fitch Affirms Thailand's IRPC at 'A-(tha)'; Outlook Stable
14783.       26-Mar-21 14:02     Fitch Downgrades Thai Oil to 'A+(tha)'; Outlook Negative
14784.       26-Mar-21 13:45     TRIS RATING ASSIGNS COMPANY RATING TO “STARK” AT “BBB+” WITH “STABLE” OUTLOOK
14785.       26-Mar-21 09:31     YUANTA informs to partially redeem YUANTA21331A on March 26, 2021.
14786.       26-Mar-21 08:39     TRIS RATING DOWNGRADES COMPANY & SENIOR UNSECURED DEBT RATINGS ON “ANAN” TO “BBB-” FROM “BBB” SUBORD
14787.       25-Mar-21 13:46     TRIS RATING AFFIRMS COMPANY RATING ON “TNS” AT “A-” WITH “STABLE” OUTLOOK
14788.       25-Mar-21 13:39     TRIS RATING AFFIRMS COMPANY RATING ON “PRIN” AT “BBB-”, SENIOR SECURED DEBT RATING AT “BBB”, WITH “S
14789.       25-Mar-21 11:27     TRIS RATING DOWNGRADES COMPANY & SENIOR UNSECURED DEBT RATINGS ON “SPCG” TO “A-” FROM “A”, AND ASSIG
14790.       25-Mar-21 10:13     Central Bank Bill Auction Results: CBF21927A
 
 
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