18 June 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 17%.SA gained the major portion or by 43% of total outright trading value , following by Govt and CP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 4 bp.Govt clean price index ended lower by -7 bp and corp index (BBB up) closed lower by -3 bp.The most active issue was CBF26720A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,127,260.87   -0.08  
 Number of issues 2,747  
 Total Trading Value 1,205,799.74   -17.1  
   Outright/Cash Trading 72,620.91   -34.87  
   Financing 1,133,078.59   -15.57  
   Others 100.24   -89.47  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 656,424,320.80  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.12 -0.07 106.43 -0.06 348.46 -0.21 2.62   8.44   146.40  
    Group 1 ( 1 < TTM <=3 ) 71.55 -0.02 71.74 -0.02 231.43 -0.06 1.20   2.08   5.68  
    Group 2 ( 3 < TTM <= 7 ) 107.12 -0.09 107.99 -0.08 337.92 -0.26 1.56   4.13   20.77  
    Group 3 ( 7 < TTM <= 10 ) 139.82 -0.21 140.02 -0.2 457.03 -0.64 1.96   7.67   67.00  
    Group 4 ( 10 < TTM ) 172.03 -0.1 172.20 -0.09 576.84 -0.29 2.96   14.49   308.39  
    Group 5 (<= 10) 89.50 -0.07 89.89 -0.06 286.22 -0.19 1.67   3.87   24.06  
SOE (G) Bond Index 103.22 -0.06 103.69 -0.07 201.13 -0.11 1.90   4.46   33.15  
SOE (NG) Bond Index 109.81 -0.05 110.54 -0.04 229.79 -0.08 2.55   5.52   48.46  
Corporate Bond Index (BBB up) 108.04 -0.03 108.67 -0.02 237.15 -0.03 2.55   3.00   16.16  
Corporate Bond Index (BBB+ up) 108.42 -0.03 109.06 -0.02 237.00 -0.03 2.51   3.05   16.67  
 
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.  CBF26720A SA 1.33509   20-Jul-26 0.09   0.923615   100.010347   7,444.25  
2.  LB463A GB 3.22000   17-Mar-46 19.76   2.960992   103.849335   4,058.38  
3.  LB294A GB 1.19000   17-Apr-29 2.83   1.322224   99.632878   3,867.46  
4.  LB276A GB 1.00000   17-Jun-27 1.00   0.997825   100.000738   3,614.51  
5.  CB26702B SA 0.00000   02-Jul-26 0.04   0.774399   99.972632   3,015.17  
 
 
 
 Market News
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Found 66016 headlines
No. Date/Time Headlines
18136.       24-Sep-19 14:22     DB of ICBCTL to be registered on September 24, 2019
18137.       24-Sep-19 11:38     BE  of YUANTA to be registered on September 24, 2019
18138.       24-Sep-19 10:06     Central Bill Auction Results: CB19D26B, CB20326A
18139.       24-Sep-19 10:06     Central Bill Auction Results: CB19D26B, CB20326A
18140.       24-Sep-19 08:45     BE  of SC to be registered on September 24, 2019
18141.       24-Sep-19 08:45     BE  of SC to be registered on September 24, 2019
18142.       24-Sep-19 08:44     BE  of SAWAD to be registered on September 24, 2019
18143.       24-Sep-19 08:43     BE  of MBKET to be registered on September 24, 2019
18144.       23-Sep-19 12:59     BE  of YUANTA to be registered on September 23, 2019
18145.       23-Sep-19 10:14     PEA Bond Auction Results: PEA349A
18146.       23-Sep-19 09:26     BE  of INET to be registered on September 23, 2019
18147.       23-Sep-19 09:26     BE  of THANI to be registered on September 23, 2019
18148.       23-Sep-19 09:26     BE  of THANI to be registered on September 23, 2019
18149.       23-Sep-19 09:25     BE  of BTSG to be registered on September 23, 2019
18150.       20-Sep-19 14:09     DB of ASK to be registered on September 20, 2019
 
 
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