14 May 2024
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 9%.SA gained the major portion or by 75% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 1 bp.Govt clean price index ended higher by 4 bp and corp index (BBB up) closed higher by 1 bp.The most active issue was CB24815A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,004,968.52   -0.14  
 Number of issues 3,056  
 Total Trading Value 1,275,347.10   9.43  
   Outright/Cash Trading 93,066.91   133.34  
   Financing 1,182,147.62   5.07  
   Others 132.57   -65.88  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 533,371,041.36  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 102.12 0.04 103.21 0.05 316.79 0.14 3.11   7.86   131.56  
    Group 1 ( 1 < TTM <=3 ) 70.68 0.01 71.29 0.02 218.07 0.06 2.35   1.99   5.39  
    Group 2 ( 3 < TTM <= 7 ) 104.40 -0.04 105.35 -0.03 311.07 -0.09 2.49   4.05   19.65  
    Group 3 ( 7 < TTM <= 10 ) 133.45 0.03 135.05 0.04 412.68 0.13 2.71   6.98   56.60  
    Group 4 ( 10 < TTM ) 162.86 0.16 165.01 0.17 513.02 0.53 3.32   14.01   291.11  
    Group 5 (<= 10) 87.37 0.00 88.15 0.00 265.11 0.01 2.56   3.60   21.36  
SOE (G) Bond Index 99.50 0.02 100.08 0.02 185.29 0.04 2.78   4.31   32.39  
SOE (NG) Bond Index 104.31 0.02 105.11 0.03 205.91 0.05 3.49   5.91   57.36  
Corporate Bond Index (BBB up) 105.47 0.01 106.06 0.01 215.61 0.05 3.66   2.96   16.67  
Corporate Bond Index (BBB+ up) 105.76 0.02 106.36 0.01 215.45 0.05 3.65   2.99   16.88  
 
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.  CB24815A SA 0.00000   15-Aug-24 0.25   2.235068   99.445876   49,150.13  
2.  TB24N06A TB 0.00000   06-Nov-24 0.48   2.210000   98.945592   4,368.45  
3.  CB24530A SA 0.00000   30-May-24 0.04   2.168513   99.913069   4,257.30  
4.  GGLB295A G 2.59000   14-May-29 5.00   2.585000   100.012581   3,501.19  
5.  CB24523A SA 0.00000   23-May-24 0.02   2.164929   99.966543   2,915.02  
 
 
 
 Market News
< 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 |   >
Found 58553 headlines
No. Date/Time Headlines
346.       04-Apr-24 14:41     A informs to exercise partial call option on its debenture (A258A).
347.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
348.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
349.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
350.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
351.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
352.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
353.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
354.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
355.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
356.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
357.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
358.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
359.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
360.       04-Apr-24 13:40     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “KTC” AT “AA-”, AND ASSIGNS “AA-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB16 BILLION, WITH “STABLE” OUTLOOK
 
 
Disclamer