22 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 increased by 1%.Govt gained the major portion or by 57% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 6 bp.Govt clean price index ended lower by -3 bp and corp index (BBB up) closed lower by -3 bp.The most active issue was LB294A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,174,303.17   -0.01  
 Number of issues 2,747  
 Total Trading Value 1,333,747.74   1.44  
   Outright/Cash Trading 77,516.95   1.46  
   Financing 1,254,117.07   1.61  
   Others 2,113.72   -48.66  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 659,307,534.08  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.05 -0.03 106.29 -0.08 348.34 -0.06 2.63   8.43   146.44  
    Group 1 ( 1 < TTM <=3 ) 71.52 -0.01 71.73 0.00 231.37 0.00 1.22   2.08   5.70  
    Group 2 ( 3 < TTM <= 7 ) 107.02 -0.04 107.36 -0.3 337.69 -0.11 1.63   4.41   23.83  
    Group 3 ( 7 < TTM <= 10 ) 139.40 -0.22 139.65 -0.21 455.77 -0.7 2.05   8.15   75.22  
    Group 4 ( 10 < TTM ) 172.03 0.02 172.26 0.02 577.05 0.12 2.98   14.81   320.65  
    Group 5 (<= 10) 89.40 -0.04 89.66 -0.12 285.97 -0.12 1.73   4.02   26.12  
SOE (G) Bond Index 103.18 -0.06 103.64 -0.06 201.09 -0.1 1.91   4.45   33.04  
SOE (NG) Bond Index 109.66 -0.07 110.40 -0.07 229.55 -0.14 2.57   5.51   48.30  
Corporate Bond Index (BBB up) 107.98 -0.03 108.63 -0.03 237.11 -0.05 2.57   2.99   16.07  
Corporate Bond Index (BBB+ up) 108.36 -0.04 109.02 -0.03 236.95 -0.06 2.53   3.04   16.58  
 
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.  LB294A GB 1.19000   17-Apr-29 2.82   1.312748   99.659548   4,928.03  
2.  LB293A GB 2.40000   17-Mar-29 2.74   1.318712   102.882578   4,020.17  
3.  LB273A GB 2.25000   17-Mar-27 0.73   1.002894   100.899749   3,858.30  
4.  LB284A GB 2.05000   17-Apr-28 1.82   1.134003   101.637813   3,429.88  
5.  LB336A GB 3.35000   17-Jun-33 6.99   1.845808   109.806613   3,099.41  
 
 
 
 Market News
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Found 66032 headlines
No. Date/Time Headlines
24511.       30-Apr-18 10:45     BoT Bond Auction Results
24512.       30-Apr-18 10:23     BE  of  FPI to be registered on April 30, 2018
24513.       30-Apr-18 10:21     BE  of  THANI to be registered on April 30, 2018
24514.       30-Apr-18 10:21     BE  of  THANI to be registered on April 30, 2018
24515.       30-Apr-18 10:21     BE  of  THANI to be registered on April 30, 2018
24516.       27-Apr-18 14:53     BE  of  MAJOR to be registered on April 27, 2018
24517.       27-Apr-18 14:38     DB of  CHOW to be registered on April 27, 2018
24518.       27-Apr-18 13:46     PF214B is registered with ThaiBMA on April 27, 2018
24519.       27-Apr-18 13:09     DB of  KK to be registered on April 27, 2018
24520.       27-Apr-18 12:38     TFD201A is registered with ThaiBMA on April 27, 2018
24521.       27-Apr-18 12:18     TRIS Rating Affirms Company Rating of “GUNKUL” at “BBB”, Senior Unsecured Debt Rating at “BBB-”, and
24522.       27-Apr-18 12:17     TRIS Rating Assigns Company & Guaranteed Debt Ratings of “PSH” at “A” with “Stable” Outlook
24523.       27-Apr-18 12:09     WHA214A, WHA234A are registered with ThaiBMA on April 27, 2018
24524.       27-Apr-18 12:09     WHA214A, WHA234A are registered with ThaiBMA on April 27, 2018
24525.       27-Apr-18 11:59     EB214A is registered with ThaiBMA on April 27, 2018
 
 
Disclamer