30 October 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 15%.Govt gained the major portion or by 60% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 13 bp.Govt clean price index ended higher by 19 bp and corp index (BBB up) closed higher by 5 bp.The most active issue was LB27NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,446,289.64   0.04  
 Number of issues 2,789  
 Total Trading Value 1,351,434.62   -15.38  
   Outright/Cash Trading 91,435.63   -33.91  
   Financing 1,259,547.37   -13.65  
   Others 451.62   379.07  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,801,110.38  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.97 0.19 106.92 0.2 351.47 0.65 2.63   8.18   141.77  
    Group 1 ( 1 < TTM <=3 ) 71.18 0.02 71.69 0.03 232.45 0.09 1.24   1.90   4.93  
    Group 2 ( 3 < TTM <= 7 ) 106.86 0.1 107.70 0.11 340.09 0.34 1.62   4.27   22.28  
    Group 3 ( 7 < TTM <= 10 ) 139.60 0.53 140.65 0.54 460.14 1.77 2.03   7.88   70.66  
    Group 4 ( 10 < TTM ) 172.25 0.44 174.25 0.46 584.39 1.54 2.97   14.54   312.48  
    Group 5 (<= 10) 89.22 0.11 89.85 0.12 287.80 0.38 1.73   3.81   24.25  
SOE (G) Bond Index 102.92 0.08 103.55 0.08 202.11 0.16 1.97   4.61   33.60  
SOE (NG) Bond Index 110.10 0.1 110.84 0.11 232.74 0.24 2.49   5.43   46.97  
Corporate Bond Index (BBB up) 107.99 0.05 108.61 0.06 239.96 0.13 2.54   3.03   16.42  
Corporate Bond Index (BBB+ up) 108.34 0.05 108.98 0.06 239.70 0.14 2.50   3.09   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 1.05   1.043909   101.385742   15,145.57  
2.  CBF26N16B SA 1.04584   16-Nov-26 0.05   0.985228   100.002406   5,165.92  
3.  LB313A GB 1.34000   17-Mar-31 4.38   1.537786   99.172697   4,200.89  
4.  LB286A GB 2.65000   17-Jun-28 1.63   1.160889   102.379555   4,080.13  
5.  CBF26N30A SA 1.04564   30-Nov-26 0.08   0.972100   100.005913   4,079.06  
 
 
 
 Market News
< 1541 | 1542 | 1543 | 1544 | 1545 | 1546 | 1547 | 1548 | 1549 | 1550 |   >
Found 66507 headlines
No. Date/Time Headlines
23161.       11-Sep-18 10:22     Central Bill Auction Results: CB19314B
23162.       11-Sep-18 10:20     Central Bill Auction Results: CB18D13B
23163.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23164.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23165.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23166.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23167.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23168.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23169.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23170.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23171.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23172.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23173.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23174.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
23175.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
 
 
Disclamer