23 February 2026
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 increased by 6%.SA gained the major portion or by 37% of total outright trading value , following by T-Bill and Govt bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 4 bp.Govt clean price index ended higher by 1 bp while corp index (BBB up) closed unchanged by 0 bp.The most active issue was TB26826A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,101,112.04   -0.03  
 Number of issues 2,759  
 Total Trading Value 1,331,630.17   6.03  
   Outright/Cash Trading 53,814.19   6.8  
   Financing 1,277,776.00   6  
   Others 39.97   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 710,666,794.01  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 109.27 0.01 109.90 0.02 355.66 0.05 2.31   8.73   158.59  
    Group 1 ( 1 < TTM <=3 ) 71.70 0.01 72.16 0.02 230.27 0.05 1.20   1.80   4.48  
    Group 2 ( 3 < TTM <= 7 ) 108.23 0.00 108.86 0.01 338.61 0.02 1.37   4.17   21.27  
    Group 3 ( 7 < TTM <= 10 ) 141.92 -0.04 142.72 -0.03 460.36 -0.1 1.77   7.74   68.39  
    Group 4 ( 10 < TTM ) 182.26 0.04 183.28 0.05 604.82 0.18 2.58   15.02   333.04  
    Group 5 (<= 10) 90.17 0.00 90.70 0.00 286.16 0.01 1.50   3.87   23.92  
SOE (G) Bond Index 104.18 -0.01 104.70 -0.03 201.61 -0.01 1.73   4.60   35.54  
SOE (NG) Bond Index 111.20 -0.01 112.06 0.00 230.64 -0.01 2.35   5.69   51.24  
Corporate Bond Index (BBB up) 108.36 0.00 109.04 0.01 235.35 0.02 2.54   2.91   15.84  
Corporate Bond Index (BBB+ up) 108.76 0.00 109.45 0.01 235.27 0.02 2.48   2.97   16.42  
 
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.  TB26826A TB 0.00000   26-Aug-26 0.50   1.171059   99.419572   15,601.91  
2.  CB26312A SA 0.00000   12-Mar-26 0.05   1.200336   99.947226   3,408.20  
3.  LB456A GB 2.98000   17-Jun-45 19.33   2.654023   104.901849   2,521.11  
4.  SLB406A GB 2.70000   17-Jun-40 14.32   2.227119   105.768199   2,350.00  
5.  CB26402A SA 0.00000   02-Apr-26 0.10   1.188257   99.879472   2,077.49  
 
 
 
 Market News
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Found 65549 headlines
No. Date/Time Headlines
29791.       09-Feb-17 14:22     BE  of  BTSG to be registered on February 09, 2017
29792.       09-Feb-17 14:22     BE  of  EA to be registered on February 09, 2017
29793.       09-Feb-17 14:22     BE  of  EA to be registered on February 09, 2017
29794.       09-Feb-17 14:21     BE  of  ASP to be registered on February 09, 2017
29795.       09-Feb-17 14:08     TISCO182C is registered with ThaiBMA on February 9, 2017
29796.       09-Feb-17 12:59     KTB223A has been exercised call option on March 16, 2017
29797.       09-Feb-17 11:01     BoT Bonds Auction Results
29798.       08-Feb-17 14:27     BE  of  TNITY to be registered on February 08, 2017
29799.       08-Feb-17 14:27     S-T debentures  of  ASK to be registered on February 08, 2017
29800.       08-Feb-17 14:26     BE  of  TFG to be registered on February 08, 2017
29801.       08-Feb-17 14:26     BE  of  THANI to be registered on February 08, 2017
29802.       08-Feb-17 14:26     BE  of  THANI to be registered on February 08, 2017
29803.       08-Feb-17 14:26     BE  of  TISCOG to be registered on February 08, 2017
29804.       08-Feb-17 14:25     BE  of  SAWAD to be registered on February 08, 2017
29805.       08-Feb-17 14:25     BE  of  SAWAD to be registered on February 08, 2017
 
 
Disclamer