25 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 34%.SA gained the major portion or by 59% of total outright trading value , following by Govt and CP bonds,respectively.Govt bonds yields fluctuated within a range of -6 to 5 bp.Govt clean price index ended higher by 28 bp and corp index (BBB up) closed higher by 7 bp.The most active issue was CBF26D28A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,182,154.57   0.1  
 Number of issues 2,750  
 Total Trading Value 1,427,782.30   -34.46  
   Outright/Cash Trading 117,222.00   54.42  
   Financing 1,310,222.07   -37.67  
   Others 338.22   -19.88  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,638,230.47  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.56 0.28 106.76 0.23 350.11 0.93 2.58   8.53   148.99  
    Group 1 ( 1 < TTM <=3 ) 71.56 0.02 71.76 0.03 231.56 0.09 1.20   2.17   6.18  
    Group 2 ( 3 < TTM <= 7 ) 107.23 0.16 107.38 -0.09 338.42 0.54 1.61   4.62   25.65  
    Group 3 ( 7 < TTM <= 10 ) 140.04 0.35 140.31 0.35 457.92 1.16 2.00   8.15   75.16  
    Group 4 ( 10 < TTM ) 173.63 0.81 173.91 0.83 582.57 2.78 2.92   14.88   323.48  
    Group 5 (<= 10) 89.56 0.1 89.74 0.03 286.54 0.34 1.68   4.06   26.37  
SOE (G) Bond Index 103.42 0.13 103.87 0.14 201.59 0.27 1.86   4.47   33.22  
SOE (NG) Bond Index 110.00 0.18 110.71 0.17 230.30 0.39 2.52   5.51   48.40  
Corporate Bond Index (BBB up) 108.12 0.07 108.78 0.08 237.48 0.18 2.53   2.99   16.13  
Corporate Bond Index (BBB+ up) 108.50 0.08 109.18 0.09 237.32 0.19 2.48   3.05   16.62  
 
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.  CBF26D28A SA 1.04617   28-Dec-26 0.50   0.931483   100.058038   31,108.14  
2.  CBF26727A SA 1.09707   27-Jul-26 0.09   0.942627   100.008095   6,010.40  
3.  BCP27318A CP 0.00000   18-Mar-27 0.73   1.200000   99.133061   4,857.52  
4.  LB463A GB 3.22000   17-Mar-46 19.74   2.934855   104.244866   4,641.80  
5.  BOTF286A SA 1.04375   29-Jun-28 2.00   1.013130   100.068819   4,282.95  
 
 
 
 Market News
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Found 66042 headlines
No. Date/Time Headlines
30586.       19-Jan-17 14:27     BE  of  KTC to be registered on January 19, 2017
30587.       19-Jan-17 14:27     BE  of  KTC to be registered on January 19, 2017
30588.       19-Jan-17 14:27     BE  of  KTC to be registered on January 19, 2017
30589.       19-Jan-17 14:27     BE  of  KTC to be registered on January 19, 2017
30590.       19-Jan-17 14:18     BE  of  KCAR to be registered on January 19, 2017
30591.       19-Jan-17 14:17     BE  of  EARTH to be registered on January 19, 2017
30592.       19-Jan-17 14:17     BE  of  GED to be registered on January 19, 2017
30593.       19-Jan-17 14:16     BE  of  CPFTH to be registered on January 19, 2017
30594.       19-Jan-17 14:12     BE  of  BRR to be registered on January 19, 2017
30595.       19-Jan-17 13:57     TU201A, TU221A, TU241A and TU271A are registered with ThaiBMA on January 19, 2017
30596.       19-Jan-17 13:57     TU201A, TU221A, TU241A and TU271A are registered with ThaiBMA on January 19, 2017
30597.       19-Jan-17 13:57     TU201A, TU221A, TU241A and TU271A are registered with ThaiBMA on January 19, 2017
30598.       19-Jan-17 13:57     TU201A, TU221A, TU241A and TU271A are registered with ThaiBMA on January 19, 2017
30599.       19-Jan-17 13:55     AP191C, AP207A are registered with ThaiBMA on January 19, 2017
30600.       19-Jan-17 13:55     AP191C, AP207A are registered with ThaiBMA on January 19, 2017
 
 
Disclamer