25 April 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 decreased by 5%.SA gained the major portion or by 60% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields increased by 0 to 5 bp.Govt clean price index ended lower by -16 bp and corp index (BBB up) closed lower by -6 bp.The most active issue was CBF25428A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 16,882,948.92   0.02  
 Number of issues 3,048  
 Total Trading Value 1,445,416.69   -4.8  
   Outright/Cash Trading 77,888.39   12.9  
   Financing 1,367,050.02   -5.6  
   Others 478.28   -62.2  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 529,681,078.80  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 102.26 -0.16 103.21 -0.15 316.76 -0.47 3.10   7.94   133.87  
    Group 1 ( 1 < TTM <=3 ) 70.64 -0.03 71.16 -0.03 217.68 -0.09 2.38   2.04   5.62  
    Group 2 ( 3 < TTM <= 7 ) 104.35 -0.14 105.19 -0.13 310.50 -0.39 2.50   4.10   20.14  
    Group 3 ( 7 < TTM <= 10 ) 133.49 -0.25 134.89 -0.24 412.16 -0.72 2.70   7.03   57.35  
    Group 4 ( 10 < TTM ) 163.49 -0.39 165.36 -0.38 514.11 -1.18 3.29   14.13   295.87  
    Group 5 (<= 10) 87.34 -0.09 88.02 -0.08 264.68 -0.25 2.57   3.65   21.80  
SOE (G) Bond Index 99.53 -0.1 100.08 -0.09 185.15 -0.17 2.76   4.02   29.93  
SOE (NG) Bond Index 104.32 -0.17 105.12 -0.16 205.62 -0.31 3.48   5.95   57.93  
Corporate Bond Index (BBB up) 105.32 -0.06 105.94 -0.06 214.93 -0.1 3.70   2.96   16.63  
Corporate Bond Index (BBB+ up) 105.61 -0.06 106.24 -0.06 214.77 -0.1 3.69   2.98   16.85  
 
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.  CBF25428A SA 2.57282   28-Apr-25 1.00   2.501942   100.069002   10,930.70  
2.  CB24725A SA 0.00000   25-Jul-24 0.25   2.174210   99.461222   6,609.20  
3.  LB273A GB 2.25000   17-Mar-27 2.89   2.413807   99.535442   4,565.81  
4.  CB24530A SA 0.00000   30-May-24 0.10   2.156624   99.807436   3,798.67  
5.  CB24516A SA 0.00000   16-May-24 0.06   2.164194   99.894675   3,643.16  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 58390 headlines
No. Date/Time Headlines
31.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
32.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
33.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
34.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
35.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
36.       24-Apr-24 14:37     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB8 BILLION OF “MINT” WITH “STABLE” OUTLOOK
37.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
38.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
39.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
40.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
41.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
42.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
43.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
44.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
45.       24-Apr-24 14:28     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “FPT” WITH “STABLE” OUTLOOK
 
 
Disclamer