24 February 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 6%.SA gained the major portion or by 73% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields increased by 0 to 5 bp.Govt clean price index ended lower by -13 bp while corp index (BBB up) closed unchanged by 0 bp.The most active issue was CB26528A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,048,990.04   -0.29  
 Number of issues 2,750  
 Total Trading Value 1,412,425.61   6.07  
   Outright/Cash Trading 116,104.21   115.75  
   Financing 1,293,643.87   1.24  
   Others 2,677.53   6598.85  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 709,687,996.81  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 109.15 -0.13 109.78 -0.12 355.28 -0.38 2.32   8.72   158.30  
    Group 1 ( 1 < TTM <=3 ) 71.69 -0.01 72.15 -0.01 230.24 -0.03 1.21   1.80   4.47  
    Group 2 ( 3 < TTM <= 7 ) 108.17 -0.06 108.81 -0.05 338.45 -0.16 1.38   4.17   21.25  
    Group 3 ( 7 < TTM <= 10 ) 141.80 -0.11 142.62 -0.1 460.03 -0.33 1.78   7.73   68.33  
    Group 4 ( 10 < TTM ) 181.88 -0.38 182.92 -0.36 603.63 -1.19 2.59   15.02   332.70  
    Group 5 (<= 10) 90.14 -0.04 90.67 -0.03 286.06 -0.11 1.52   3.86   23.89  
SOE (G) Bond Index 104.15 -0.03 104.67 -0.03 201.56 -0.05 1.74   4.60   35.49  
SOE (NG) Bond Index 111.15 -0.05 112.00 -0.06 230.55 -0.09 2.36   5.69   51.17  
Corporate Bond Index (BBB up) 108.36 0.00 109.04 0.00 235.36 0.01 2.54   2.92   15.88  
Corporate Bond Index (BBB+ up) 108.76 0.00 109.45 0.00 235.28 0.01 2.48   2.98   16.45  
 
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.  CB26528A SA 0.00000   28-May-26 0.25   1.185879   99.705219   60,761.36  
2.  CB26514A SA 0.00000   14-May-26 0.22   1.163423   99.755167   3,790.70  
3.  CBF26511A SA 1.53338   11-May-26 0.21   1.241131   100.014642   2,821.42  
4.  CB26312A SA 0.00000   12-Mar-26 0.04   1.196010   99.951493   2,712.68  
5.  LB456A GB 2.98000   17-Jun-45 19.32   2.671392   104.632762   2,347.19  
 
 
 
 Market News
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Found 65556 headlines
No. Date/Time Headlines
32281.       08-Sep-16 17:36     BE  of  DA to be registered on September 08, 2016
32282.       08-Sep-16 17:35     BE  of  CE to be registered on September 08, 2016
32283.       08-Sep-16 15:37     BE  of  ASIAN to be registered on September 08, 2016
32284.       08-Sep-16 15:37     BE  of  AWH to be registered on September 08, 2016
32285.       08-Sep-16 15:36     BE  of  ACAP to be registered on September 08, 2016
32286.       08-Sep-16 15:35     BE  of  AREEYA to be registered on September 08, 2016
32287.       08-Sep-16 13:35     MTLS198B is registered with ThaiBMA on September 8, 2016
32288.       08-Sep-16 10:18     BoT Bonds Auction Results
32289.       08-Sep-16 10:16     TRIS Rating Assigns “BBB/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt500 Million of ANAN
32290.       08-Sep-16 10:16     TRIS Rating Assigns “BBB/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt500 Million of ANAN
32291.       08-Sep-16 10:16     TRIS Rating Assigns “BBB/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt500 Million of ANAN
32292.       08-Sep-16 10:16     TRIS Rating Assigns “BBB/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt500 Million of ANAN
32293.       07-Sep-16 15:24     ACAP184A, ACAP186A informed to change Term and Condition of debentures.
32294.       07-Sep-16 15:24     ACAP184A, ACAP186A informed to change Term and Condition of debentures.
32295.       07-Sep-16 15:10     BJC199A, BJC219A, BJC239A and BJC269A are  registered with ThaiBMA on September 7, 2016
 
 
Disclamer