28 August 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 decreased by 3%.Govt gained the major portion or by 58% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 2 bp.Govt clean price index ended lower by -5 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was LB27NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,228,380.74   0.09  
 Number of issues 2,737  
 Total Trading Value 1,336,263.22   -3.41  
   Outright/Cash Trading 53,995.50   -37.87  
   Financing 1,282,267.72   -1.09  
   Others 0.00   -100  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,895,012.34  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.14 -0.05 106.81 -0.04 350.38 -0.12 2.62   8.36   146.06  
    Group 1 ( 1 < TTM <=3 ) 71.38 -0.01 71.91 -0.01 232.05 -0.03 1.20   2.00   5.37  
    Group 2 ( 3 < TTM <= 7 ) 107.03 -0.04 107.62 -0.03 339.20 -0.11 1.61   4.39   23.44  
    Group 3 ( 7 < TTM <= 10 ) 139.28 0.02 140.11 0.03 457.29 0.08 2.06   7.99   72.60  
    Group 4 ( 10 < TTM ) 172.66 -0.14 173.76 -0.12 582.53 -0.42 2.96   14.75   320.48  
    Group 5 (<= 10) 89.31 -0.01 89.86 -0.01 286.93 -0.03 1.72   3.92   25.09  
SOE (G) Bond Index 102.81 -0.05 103.32 -0.04 201.14 -0.09 1.98   4.37   32.02  
SOE (NG) Bond Index 109.96 -0.05 110.74 -0.04 231.34 -0.09 2.51   5.41   47.00  
Corporate Bond Index (BBB up) 108.04 -0.02 108.78 -0.01 238.71 -0.03 2.54   3.02   16.41  
Corporate Bond Index (BBB+ up) 108.41 -0.03 109.17 -0.02 238.50 -0.03 2.50   3.08   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.  LB27NA GB 2.40000   17-Nov-27 1.22   1.084898   101.567403   4,625.28  
2.  LB29NA GB 2.50000   17-Nov-29 3.22   1.350000   103.590532   4,088.43  
3.  ESGLB376A GB 3.39000   17-Jun-37 10.81   2.267746   110.683865   3,378.94  
4.  LB456A GB 2.98000   17-Jun-45 18.82   2.995187   99.776789   3,179.23  
5.  CB26N26A SA 0.00000   26-Nov-26 0.25   0.956570   99.766576   3,099.75  
 
 
 
 Market News
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Found 66351 headlines
No. Date/Time Headlines
15886.       28-Aug-20 18:12     The Bond Switching Result 28/08/2020 (1)
15887.       28-Aug-20 18:12     The Bond Switching Result 28/08/2020 (1)
15888.       28-Aug-20 18:12     The Bond Switching Result 28/08/2020 (1)
15889.       28-Aug-20 14:56     TRIS RATING REMOVES “NEGATIVE” CREDITALERT IMPLICATION ON “DTC” AND DOWNGRADES COMPANY & SENIOR UNSE
15890.       28-Aug-20 14:54     TRIS RATING REMOVES “NEGATIVE” CREDITALERT IMPLICATION ON “DREIT” AND DOWNGRADES ISSUER RATING TO “B
15891.       28-Aug-20 10:17     TRIS RATING UPGRADES COMPANY & SENIOR UNSECURED DEBT RATINGS ON “NPS” TO “BBB” FROM “BBB-”, WITH “ST
15892.       28-Aug-20 10:15     TRIS RATING UPGRADES COMPANY & SENIOR UNSECURED DEBT RATINGS ON “DA” TO “BBB” FROM “BBB-”, WITH “STA
15893.       28-Aug-20 10:01     Central Bank Bill Auction Results: CB20915A
15894.       27-Aug-20 14:00     A will exercise a call option on its debenture (A221A).
15895.       27-Aug-20 08:58     TRIS RATING DOWNGRADES COMPANY RATING ON “PF” TO “BB” FROM “BB+”, SUBORDINATED CAPITAL DEBT RATINGS
15896.       26-Aug-20 13:35     G CAPITAL PUBLIC COMPANY LIMITED has announced the changes on GCAP21DA.
15897.       26-Aug-20 13:19     G CAPITAL PUBLIC COMPANY LIMITED has announced the changes on GCAP223A.
15898.       26-Aug-20 09:30     YUANTA informs to partially redeem YUANTA20831A on August 26, 2020.
15899.       25-Aug-20 15:30     IRIS GROUP COMPANY LIMITED has announced to restructured on IRIS208A.
15900.       25-Aug-20 15:30     IRIS GROUP COMPANY LIMITED has announced to restructured on IRIS20OA.
 
 
Disclamer