25 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 52%.Govt gained the major portion or by 53% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields decreased by -16 to -4 bp.Govt clean price index ended higher by 69 bp and corp index (BBB up) closed higher by 37 bp.The most active issue was CBF26511A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,051,230.04   0.01  
 Number of issues 2,751  
 Total Trading Value 2,147,447.60   52.04  
   Outright/Cash Trading 61,571.59   -46.97  
   Financing 2,085,876.01   61.24  
   Others 0.00   -100  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 718,565,659.57  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 109.84 0.69 110.48 0.7 357.55 2.27 2.25   8.76   159.93  
    Group 1 ( 1 < TTM <=3 ) 71.84 0.15 72.31 0.16 230.74 0.5 1.09   1.80   4.47  
    Group 2 ( 3 < TTM <= 7 ) 108.71 0.54 109.35 0.55 340.15 1.7 1.26   4.17   21.24  
    Group 3 ( 7 < TTM <= 10 ) 142.80 1 143.63 1.01 463.28 3.25 1.69   7.74   68.42  
    Group 4 ( 10 < TTM ) 183.55 1.67 184.60 1.68 609.19 5.56 2.53   15.08   335.49  
    Group 5 (<= 10) 90.51 0.38 91.05 0.38 287.26 1.2 1.41   3.87   23.95  
SOE (G) Bond Index 104.26 0.11 104.78 0.11 201.78 0.22 1.72   4.59   35.43  
SOE (NG) Bond Index 111.82 0.67 112.68 0.67 231.95 1.4 2.25   5.70   51.36  
Corporate Bond Index (BBB up) 108.73 0.37 109.41 0.36 236.18 0.82 2.42   2.92   15.93  
Corporate Bond Index (BBB+ up) 109.13 0.38 109.82 0.37 236.11 0.83 2.36   2.98   16.50  
 
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.  CBF26511A SA 1.48897   11-May-26 0.21   1.253874   100.012499   5,185.03  
2.  LB273A GB 2.25000   17-Mar-27 1.05   1.037333   101.271213   4,837.66  
3.  LB456A GB 2.98000   17-Jun-45 19.32   2.639625   105.124824   4,308.83  
4.  CB26312A SA 0.00000   12-Mar-26 0.04   1.190800   99.953257   3,522.35  
5.  LB26DA GB 2.12500   17-Dec-26 0.81   1.030074   100.873858   3,164.39  
 
 
 
 Market News
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Found 65556 headlines
No. Date/Time Headlines
35371.       17-Mar-16 13:30     BE  of  DOIKHA to be registered on March 17, 2016
35372.       17-Mar-16 13:30     BE  of  EARTH to be registered on March 17, 2016
35373.       17-Mar-16 13:30     BE  of  EARTH to be registered on March 17, 2016
35374.       17-Mar-16 13:30     BE  of  EARTH to be registered on March 17, 2016
35375.       17-Mar-16 13:29     BE  of  DA to be registered on March 17, 2016
35376.       17-Mar-16 13:28     BE  of  CPF to be registered on March 17, 2016
35377.       17-Mar-16 13:28     BE  of  CPF to be registered on March 17, 2016
35378.       17-Mar-16 13:28     BE  of  CPFTH to be registered on March 17, 2016
35379.       17-Mar-16 13:28     BE  of  CPFTH to be registered on March 17, 2016
35380.       17-Mar-16 13:28     BE  of  CPFTH to be registered on March 17, 2016
35381.       17-Mar-16 13:27     BE  of  BSM to be registered on March 17, 2016
35382.       17-Mar-16 13:27     BE  of  CE to be registered on March 17, 2016
35383.       17-Mar-16 13:26     BE  of  ACC to be registered on March 17, 2016
35384.       17-Mar-16 13:26     BE  of  AEC to be registered on March 17, 2016
35385.       17-Mar-16 13:26     BE  of  ASIAN to be registered on March 17, 2016
 
 
Disclamer