26 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 10%.SA gained the major portion or by 52% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 6 bp.Govt clean price index ended higher by 11 bp while corp index (BBB up) closed unchanged by 0 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,208,190.88   0.14  
 Number of issues 2,758  
 Total Trading Value 1,289,243.12   -9.7  
   Outright/Cash Trading 78,182.88   -33.3  
   Financing 1,210,731.93   -7.59  
   Others 328.30   -2.93  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 667,911,167.21  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.68 0.11 106.88 0.12 350.51 0.39 2.57   8.53   149.27  
    Group 1 ( 1 < TTM <=3 ) 71.56 0.00 71.76 0.01 231.58 0.02 1.20   2.17   6.17  
    Group 2 ( 3 < TTM <= 7 ) 107.30 0.07 107.46 0.08 338.67 0.25 1.59   4.61   25.63  
    Group 3 ( 7 < TTM <= 10 ) 140.23 0.19 140.51 0.2 458.57 0.65 1.98   8.15   75.15  
    Group 4 ( 10 < TTM ) 173.95 0.31 174.24 0.33 583.67 1.1 2.91   14.89   323.94  
    Group 5 (<= 10) 89.61 0.05 89.80 0.05 286.71 0.17 1.67   4.06   26.37  
SOE (G) Bond Index 103.46 0.04 103.91 0.04 201.68 0.08 1.85   4.47   33.21  
SOE (NG) Bond Index 110.05 0.05 110.76 0.04 230.43 0.13 2.51   5.51   48.40  
Corporate Bond Index (BBB up) 108.12 0.00 108.80 0.01 237.51 0.03 2.55   3.03   16.57  
Corporate Bond Index (BBB+ up) 108.50 0.00 109.19 0.01 237.35 0.03 2.50   3.08   17.08  
 
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.  LB273A GB 2.25000   17-Mar-27 0.72   0.970586   100.902086   8,070.02  
2.  CB26723A SA 0.00000   23-Jul-26 0.07   0.841140   99.941301   7,440.63  
3.  CBF26720A SA 1.33509   20-Jul-26 0.07   0.935061   100.006489   5,561.13  
4.  CB26716A SA 0.00000   16-Jul-26 0.05   0.850386   99.955577   3,451.47  
5.  LB26DA GB 2.12500   17-Dec-26 0.48   0.907194   100.562074   2,948.66  
 
 
 
 Market News
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Found 66043 headlines
No. Date/Time Headlines
32611.       16-Sep-16 15:29     BTCL179A is registered with ThaiBMA on September 16, 2016
32612.       16-Sep-16 13:26     BoT Bonds Auction Results
32613.       16-Sep-16 09:28     WHA219A is registered with ThaiBMA on September 16, 2016
32614.       15-Sep-16 16:20     EB199B and EB239A are registered with ThaiBMA on September 15, 2016
32615.       15-Sep-16 16:20     EB199B and EB239A are registered with ThaiBMA on September 15, 2016
32616.       15-Sep-16 15:17     BE  of  EARTH to be registered on September 15, 2016
32617.       15-Sep-16 15:17     BE  of  VTE to be registered on September 15, 2016
32618.       15-Sep-16 14:16     S-T debentures  of  ICBCTL to be registered on September 15, 2016
32619.       15-Sep-16 14:16     S-T debentures  of  TISCO to be registered on September 15, 2016
32620.       15-Sep-16 14:15     BE  of  WCIH to be registered on September 15, 2016
32621.       15-Sep-16 14:15     BE  of  WHA to be registered on September 15, 2016
32622.       15-Sep-16 14:13     BE  of  TPIPL to be registered on September 15, 2016
32623.       15-Sep-16 14:13     BE  of  TSR to be registered on September 15, 2016
32624.       15-Sep-16 14:12     BE  of  SCLF to be registered on September 15, 2016
32625.       15-Sep-16 14:12     BE  of  SIM to be registered on September 15, 2016
 
 
Disclamer