27 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 decreased by 8%.Govt gained the major portion or by 49% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 3 bp.Govt clean price index ended higher by 10 bp and corp index (BBB up) closed higher by 2 bp.The most active issue was LB456A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,052,082.39   0.00  
 Number of issues 2,751  
 Total Trading Value 1,426,865.56   -8.39  
   Outright/Cash Trading 90,950.10   -23.74  
   Financing 1,334,937.65   -7.1  
   Others 977.82   -21.75  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 726,290,564.29  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 110.52 0.1 111.18 0.11 359.79 0.34 2.19   8.79   160.88  
    Group 1 ( 1 < TTM <=3 ) 71.93 0.01 72.41 0.01 231.04 0.03 1.02   1.79   4.45  
    Group 2 ( 3 < TTM <= 7 ) 109.03 0.02 109.69 0.03 341.21 0.09 1.19   4.17   21.24  
    Group 3 ( 7 < TTM <= 10 ) 143.91 0.08 144.75 0.09 466.91 0.28 1.59   7.74   68.43  
    Group 4 ( 10 < TTM ) 185.39 0.32 186.47 0.34 615.36 1.11 2.47   15.11   336.41  
    Group 5 (<= 10) 90.80 0.02 91.35 0.03 288.20 0.08 1.33   3.87   24.00  
SOE (G) Bond Index 104.97 0.42 105.49 0.43 203.17 0.82 1.57   4.62   35.72  
SOE (NG) Bond Index 112.29 0.07 113.07 0.00 232.94 0.16 2.18   5.72   51.57  
Corporate Bond Index (BBB up) 108.90 0.02 109.59 0.03 236.60 0.07 2.37   2.92   15.96  
Corporate Bond Index (BBB+ up) 109.31 0.02 110.02 0.03 236.54 0.07 2.31   2.98   16.54  
 
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.  LB456A GB 2.98000   17-Jun-45 19.32   2.512869   107.107527   8,963.33  
2.  CB26402A SA 0.00000   02-Apr-26 0.09   1.019241   99.912185   6,768.05  
3.  LB365A GB 1.84000   17-May-36 10.22   1.714989   101.165838   4,716.84  
4.  LB353A GB 2.41000   17-Mar-35 9.05   1.628976   106.548406   4,452.07  
5.  LB27NA GB 2.40000   17-Nov-27 1.72   1.008299   102.353561   3,197.30  
 
 
 
 Market News
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Found 65565 headlines
No. Date/Time Headlines
42331.       08-Oct-14 15:23     BE  of  TTCL to be registered on October 08, 2014
42332.       08-Oct-14 15:22     BE  of  ASP to be registered on October 08, 2014
42333.       07-Oct-14 13:13     BE  of  TFD to be registered on October 07, 2014
42334.       07-Oct-14 13:12     BE  of  ASK to be registered on October 07, 2014
42335.       07-Oct-14 13:12     BE  of  DA to be registered on October 07, 2014
42336.       07-Oct-14 13:12     BE  of  DEMCO to be registered on October 07, 2014
42337.       07-Oct-14 13:12     BE  of  GLAND to be registered on October 07, 2014
42338.       07-Oct-14 13:12     BE  of  PF to be registered on October 07, 2014
42339.       07-Oct-14 10:28     BoT Bond Auction Results
42340.       07-Oct-14 09:32     TMB19NA has been exercised call option on November 6, 2014.
42341.       06-Oct-14 15:21     S-T debentures  of  KK to be registered on October 06, 2014
42342.       06-Oct-14 15:21     S-T debentures  of  TISCO to be registered on October 06, 2014
42343.       06-Oct-14 15:20     BE  of  ROJNA to be registered on October 06, 2014
42344.       06-Oct-14 15:20     BE  of  SAWAD to be registered on October 06, 2014
42345.       06-Oct-14 15:20     S-T debentures  of  CIMBT to be registered on October 06, 2014
 
 
Disclamer