29 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 increased by 1%.Govt gained the major portion or by 42% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 7 bp.Govt clean price index ended lower by -8 bp and corp index (BBB up) closed lower by -1 bp.The most active issue was TB26D30A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,219,179.99   0.06  
 Number of issues 2,754  
 Total Trading Value 1,302,013.26   0.99  
   Outright/Cash Trading 67,789.65   -13.29  
   Financing 1,230,856.49   1.66  
   Others 3,367.12   925.62  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 667,036,679.33  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.59 -0.08 106.78 -0.11 350.30 -0.25 2.57   8.52   148.85  
    Group 1 ( 1 < TTM <=3 ) 71.55 -0.01 71.76 0.00 231.58 -0.01 1.21   2.16   6.13  
    Group 2 ( 3 < TTM <= 7 ) 107.24 -0.05 107.42 -0.04 338.56 -0.14 1.60   4.60   25.54  
    Group 3 ( 7 < TTM <= 10 ) 140.25 0.02 140.55 0.03 458.72 0.1 1.98   8.14   75.03  
    Group 4 ( 10 < TTM ) 173.65 -0.29 173.84 -0.42 582.84 -0.92 2.92   14.88   323.40  
    Group 5 (<= 10) 89.59 -0.02 89.79 -0.01 286.70 -0.03 1.67   4.05   26.30  
SOE (G) Bond Index 103.41 -0.05 103.87 -0.06 201.62 -0.08 1.86   4.46   33.12  
SOE (NG) Bond Index 110.01 -0.03 110.63 -0.1 230.41 -0.05 2.51   5.49   48.05  
Corporate Bond Index (BBB up) 108.10 -0.01 108.79 -0.01 237.52 -0.01 2.55   3.02   16.52  
Corporate Bond Index (BBB+ up) 108.48 -0.02 109.18 -0.01 237.36 -0.01 2.51   3.08   17.03  
 
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.  TB26D30A TB 0.00000   30-Dec-26 0.50   0.878158   99.564078   6,674.78  
2.  LB276A GB 1.00000   17-Jun-27 0.97   0.973714   100.023672   5,011.38  
3.  LB273A GB 2.25000   17-Mar-27 0.72   0.977892   100.894861   3,463.68  
4.  CB26O22A SA 0.00000   22-Oct-26 0.32   0.865370   99.730683   3,383.86  
5.  CBF26713A SA 1.11632   13-Jul-26 0.04   0.941883   100.003805   3,164.47  
 
 
 
 Market News
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Found 66049 headlines
No. Date/Time Headlines
43456.       31-Jul-14 15:43     BE of FNS will be registered on July 31, 2014
43457.       31-Jul-14 15:43     S-T debentures of ASK to be registered on July 31, 2014
43458.       31-Jul-14 15:42     BE of ASP to be registered on July 31, 2014
43459.       31-Jul-14 15:42     BE of ASK to be registered on July 31, 2014
43460.       31-Jul-14 15:41     BE of KCAR to be registered on July 31, 2014
43461.       31-Jul-14 15:41     BE of MBKET to be registered on July 31, 2014
43462.       31-Jul-14 15:41     S-T debentures of TISCO will be registered on July 31, 2014.
43463.       31-Jul-14 15:40     S-T debentures of KTB to be registered on July 31, 2014
43464.       31-Jul-14 15:40     S-T debentures of TBANK to be registered on  July 31, 2014
43465.       31-Jul-14 15:40     S-T debentures of ICBCTL to be registered on July 31, 2014
43466.       31-Jul-14 15:39     BE of MPSC to be registered on July 31, 2014
43467.       31-Jul-14 15:39     BE of BSL to be registered on July 31, 2014
43468.       31-Jul-14 15:38     BE of THANI to be registered on July 31, 2014
43469.       31-Jul-14 15:38     BE of NPS to be registered on July 31, 2014
43470.       31-Jul-14 15:38     BE of SGP will be registered on July 31, 2014
 
 
Disclamer