20 June 2019
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 3%.SA gained the major portion or by 59% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields decreased by -8 to -1 bp.Govt clean price index ended higher by 39 bp and corp index (BBB up) closed higher by 6 bp.The most active issue was LB23DA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 13,075,034.82   0.09  
 Number of issues 2,763  
 Total Trading Value 1,037,411.17   -3.11  
   Outright/Cash Trading 119,522.05   9.99  
   Financing 917,889.12   -4.59  
   Others 0.00   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 421,312,140.19  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 108.38 0.39 108.88 0.29 292.52 1.07 2.63   9.49   176.97  
    Group 1 ( 1 < TTM <=3 ) 74.59 0.02 74.89 0.02 204.54 0.06 1.76   2.19   6.40  
    Group 2 ( 3 < TTM <= 7 ) 110.40 0.13 110.57 0.02 288.94 0.37 1.84   4.26   22.06  
    Group 3 ( 7 < TTM <= 10 ) 142.26 0.39 142.82 0.4 380.92 1.07 2.02   7.24   60.75  
    Group 4 ( 10 < TTM ) 173.43 1.02 174.45 0.78 468.44 2.77 2.84   14.64   325.34  
    Group 5 (<= 10) 92.09 0.12 92.39 0.08 245.33 0.33 1.91   4.28   26.66  
SOE (G) Bond Index 103.19 0.14 103.83 0.14 171.42 0.24 2.18   3.53   23.02  
SOE (NG) Bond Index 110.39 0.34 111.28 0.34 188.52 0.6 2.58   5.85   60.44  
Corporate Bond Index (BBB up) 103.91 0.06 104.65 0.05 238.37 0.17 2.75   2.29   12.01  
 
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.  LB23DA GB 2.40000   17-Dec-23 4.50   1.801597   102.562332   14,155.75  
2.  CB19919B SA 0.00000   19-Sep-19 0.25   1.742559   99.570841   13,562.54  
3.  CB19D19A SA 0.00000   19-Dec-19 0.50   1.775338   99.125000   7,361.02  
4.  LB326A GB 3.77500   25-Jun-32 13.02   2.302270   116.469049   5,464.33  
5.  BOT215A SA 1.84000   27-May-21 1.94   1.790004   100.086270   3,812.59  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 46637 headlines
No. Date/Time Headlines
106.       13-Jun-19 13:19     DB of YUANTA to be registered on June 13, 2019
107.       13-Jun-19 13:18     BE  of YUANTA to be registered on June 13, 2019
108.       13-Jun-19 13:18     DB of KK to be registered on June 13, 2019
109.       13-Jun-19 13:17     BE  of THANI to be registered on June 13, 2019
110.       13-Jun-19 13:17     BE  of THANI to be registered on June 13, 2019
111.       13-Jun-19 13:17     BE  of THANI to be registered on June 13, 2019
112.       13-Jun-19 13:17     BE  of TSE to be registered on June 13, 2019
113.       13-Jun-19 13:16     BE  of SENA to be registered on June 13, 2019
114.       13-Jun-19 13:16     BE  of SIRI to be registered on June 13, 2019
115.       13-Jun-19 13:15     BE  of MK to be registered on June 13, 2019
116.       13-Jun-19 13:15     BE  of ORI to be registered on June 13, 2019
117.       13-Jun-19 13:15     BE  of SC to be registered on June 13, 2019
118.       13-Jun-19 13:14     BE  of BTSG to be registered on June 13, 2019
119.       13-Jun-19 13:14     BE  of KTC to be registered on June 13, 2019
120.       13-Jun-19 13:13     BE  of BSL to be registered on June 13, 2019
 
 
Disclamer