28 March 2024
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 10%.Govt gained the major portion or by 45% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields decreased by -3 to 0 bp.Govt clean price index ended higher by 10 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was LB286A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 16,861,715.40   -0.01  
 Number of issues 3,056  
 Total Trading Value 1,264,427.38   -9.76  
   Outright/Cash Trading 72,264.24   10.52  
   Financing 1,189,451.52   -10.92  
   Others 2,711.61   342.4  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 525,860,961.84  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 104.11 0.1 104.85 0.11 321.79 0.33 2.88   8.14   138.90  
    Group 1 ( 1 < TTM <=3 ) 70.99 0.01 71.39 0.02 218.34 0.05 2.15   2.09   5.87  
    Group 2 ( 3 < TTM <= 7 ) 105.58 0.03 106.21 0.04 313.52 0.11 2.23   4.19   20.89  
    Group 3 ( 7 < TTM <= 10 ) 136.02 0.14 137.11 0.16 418.96 0.47 2.44   7.12   58.72  
    Group 4 ( 10 < TTM ) 168.48 0.3 169.95 0.31 528.36 0.98 3.09   14.39   304.47  
    Group 5 (<= 10) 88.18 0.04 88.70 0.04 266.72 0.13 2.32   3.76   22.73  
SOE (G) Bond Index 100.46 0.06 100.98 0.07 186.56 0.13 2.51   4.05   29.98  
SOE (NG) Bond Index 105.85 0.14 106.54 0.14 208.15 0.3 3.24   6.02   59.49  
Corporate Bond Index (BBB up) 105.97 0.04 106.61 0.04 215.69 0.11 3.49   2.94   16.70  
Corporate Bond Index (BBB+ up) 106.27 0.04 106.91 0.04 215.54 0.11 3.48   2.97   16.93  
 
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.  LB286A GB 2.65000   17-Jun-28 4.22   2.199163   101.798318   7,675.11  
2.  CB24627A SA 0.00000   27-Jun-24 0.25   2.389633   99.409707   5,361.17  
3.  CB24425A SA 0.00000   25-Apr-24 0.08   2.273720   99.844778   4,436.28  
4.  LB273A GB 2.25000   17-Mar-27 2.97   2.162439   100.240363   3,732.44  
5.  CBF24513A SA 2.39531   13-May-24 0.13   2.491174   100.008405   3,271.56  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 57975 headlines
No. Date/Time Headlines
136.       21-Mar-24 11:03     TRIS RATING UPGRADES COMPANY RATING ON “LHFG” TO “AA+” FROM “A-” WITH “STABLE” OUTLOOK
137.       21-Mar-24 10:59     TRIS RATING AFFIRMS GUARANTEED DEBT RATING ON “PTTEPTC” AT “AAA” WITH “STABLE” OUTLOOK
138.       21-Mar-24 10:59     TRIS RATING AFFIRMS GUARANTEED DEBT RATING ON “PTTEPTC” AT “AAA” WITH “STABLE” OUTLOOK
139.       21-Mar-24 10:59     TRIS RATING AFFIRMS GUARANTEED DEBT RATING ON “PTTEPTC” AT “AAA” WITH “STABLE” OUTLOOK
140.       21-Mar-24 10:59     TRIS RATING AFFIRMS GUARANTEED DEBT RATING ON “PTTEPTC” AT “AAA” WITH “STABLE” OUTLOOK
141.       21-Mar-24 10:54     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “PTTEP” AT “AAA” WITH “STABLE” OUTLOOK
142.       21-Mar-24 10:54     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “PTTEP” AT “AAA” WITH “STABLE” OUTLOOK
143.       21-Mar-24 10:19     SET ขอให้ NUSA ชี้แจงข้อมูลการประชุมคณะกรรมการที่แตกต่างกัน
144.       21-Mar-24 09:31     NOVA informs to exercise call option on its debenture (NOVA24DA).
145.       20-Mar-24 13:46     RLTH informs to exercise partial call option on its debenture (RLTH249A).
146.       19-Mar-24 17:36     CHO แจ้งข่าวต่อ SET เรื่อง การเปลี่ยนแปลงโครงสร้างผู้ถือหุ้นรายใหญ่
147.       19-Mar-24 17:33     GLOCON แจ้งข่าวต่อ SET เรื่อง แจ้งความคืบหน้ากรณีศึกษาการเข้าลงทุนในธุรกิจของบริษัท อะกรี ไลฟ์ เทรดด
148.       19-Mar-24 14:00     อัตราส่วนทางการเงินสำคัญ ของ MAJOR งบปี/2023 (แก้ไข)
149.       19-Mar-24 14:00     ข้อมูลสำคัญทางการเงิน ของ MAJOR งบปี/2023 (แก้ไข)
150.       19-Mar-24 11:25     TRIS RATING AFFIRMS COMPANY RATING ON “NER” AT “BBB-” WITH “STABLE” OUTLOOK
 
 
Disclamer