10 September 2025
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 10%.Govt gained the major portion or by 69% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields increased by 0 to 11 bp.Govt clean price index ended lower by -27 bp and corp index (BBB up) closed lower by -4 bp.The most active issue was LB303A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,612,088.71   -0.09  
 Number of issues 2,837  
 Total Trading Value 1,258,426.73   -10.25  
   Outright/Cash Trading 92,131.70   -37.88  
   Financing 1,166,136.15   -6.97  
   Others 158.88   -55.16  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 824,423,331.24  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 116.91 -0.27 117.68 -0.27 375.87 -0.85 1.65   9.68   189.82  
    Group 1 ( 1 < TTM <=3 ) 72.19 -0.01 72.72 -0.01 229.52 -0.03 1.08   1.99   5.28  
    Group 2 ( 3 < TTM <= 7 ) 110.05 -0.05 110.82 -0.04 340.27 -0.13 1.13   4.49   24.64  
    Group 3 ( 7 < TTM <= 10 ) 148.62 -0.08 149.64 -0.07 476.73 -0.22 1.21   7.79   69.50  
    Group 4 ( 10 < TTM ) 206.68 -0.92 207.94 -0.91 676.67 -2.95 1.79   15.85   367.97  
    Group 5 (<= 10) 91.81 -0.03 92.46 -0.03 288.08 -0.08 1.15   3.94   24.04  
SOE (G) Bond Index 106.14 -0.08 106.67 -0.08 203.41 -0.13 1.35   4.53   35.44  
SOE (NG) Bond Index 114.86 -0.13 115.64 -0.13 235.27 -0.25 1.87   6.01   57.42  
Corporate Bond Index (BBB up) 109.18 -0.04 109.91 -0.04 233.53 -0.07 2.39   2.95   16.32  
Corporate Bond Index (BBB+ up) 109.59 -0.04 110.33 -0.04 233.52 -0.07 2.34   3.00   16.78  
 
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.  LB303A GB 1.66000   17-Mar-30 4.52   1.093215   102.489679   19,449.56  
2.  LB556A GB 4.00000   17-Jun-55 29.79   1.885764   147.977713   9,308.46  
3.  LB284A GB 2.05000   17-Apr-28 2.60   1.073021   102.491497   5,779.85  
4.  LB456A GB 2.98000   17-Jun-45 19.78   1.779528   119.922783   5,556.33  
5.  LB27NA GB 2.40000   17-Nov-27 2.19   1.073486   102.842801   3,086.71  
 
 
 
 Market News
< 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 |   >
Found 64291 headlines
No. Date/Time Headlines
1741.       29-Apr-25 13:56     งบการเงิน ของ MTC งบปี/2024 (แก้ไข)
1742.       29-Apr-25 13:37     งบการเงิน ของ BRR งบปี/2024 (แก้ไข)
1743.       29-Apr-25 10:49     TRIS Rating Affirms Company Rating on “DAD” at “AA-” with “Stable” Outlook
1744.       29-Apr-25 10:01     Central Bank Bill Auction Results: CB25731A
1745.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1746.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1747.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1748.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1749.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1750.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1751.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1752.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1753.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1754.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
1755.       29-Apr-25 08:59     TRIS Rating Affirms Company Rating on “BGRIM” at “A”, Senior Unsecured Debt Rating at “A-”, Subordinated Capital Debt Rating at “BBB+”, and Assigns “A-” Rating to Senior Unsecured Debt Worth Up to THB4.5 Billion and Additional Greenshoe Portion Worth Up to THB2 Billion , with “Stable” Outlook
 
 
Disclamer