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
16036.       21-Jul-20 10:15     YUANTA informs to partially redeem YUANTA20731A on July 21, 2020.
16037.       20-Jul-20 10:22     Treasury Bill Auction Results: TB21120A
16038.       20-Jul-20 09:45     YUANTA informs to partially redeem YUANTA20731D on July 20, 2020.
16039.       17-Jul-20 10:30     YUANTA informs to redeem YUANTA20731C on July 17, 2020.
16040.       17-Jul-20 09:51     Central Bank Bill Auction Results: CB20804A
16041.       17-Jul-20 09:31     แจ้งมติที่ประชุมผู้ถือหุ้นกู้ ACAP209A ครั้งที่ 1/2563
16042.       17-Jul-20 08:40     การปิดสมุดทะเบียนพักการโอนหุ้น เพื่อประชุมผู้ถือหุ้นกู้ (XM) (APEX202A)
16043.       16-Jul-20 14:55     YUANTA has announced the coupon payment change on YUANTA20O12A.
16044.       16-Jul-20 13:07     State Own Enterprise Bond Auction Results: BMTA308A
16045.       16-Jul-20 12:38     Fitch Revises Outlook on Bangkok Commercial Asset Management to Negative; Withdraws Ratings
16046.       16-Jul-20 10:00     Bank of Thailand Bond Auction Results: BOT225A
16047.       15-Jul-20 13:00     GLAND informs to partially redeem GLAND215A on July 08, 2020.
16048.       15-Jul-20 11:15     Loan Bond Auction Results: LB386A
16049.       15-Jul-20 10:50     TRIS RATING DOWNGRADES COMPANY RATING ON “ICC” TO “AA-” FROM “AA”, WITH “STABLE” OUTLOOK
16050.       14-Jul-20 14:43     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “QH” AT “A-”, WITH “STABLE” OUTLOOK
 
 
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