2 July 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 7%.Govt gained the major portion or by 54% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 3 bp.Govt clean price index ended higher by 14 bp and corp index (BBB up) closed higher by 7 bp.The most active issue was BOT285A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,071,804.95   -0.26  
 Number of issues 2,751  
 Total Trading Value 1,418,490.91   -7.19  
   Outright/Cash Trading 75,572.22   -1.79  
   Financing 1,338,430.63   -7.76  
   Others 4,488.07   1081.13  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,791,113.16  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.64 0.14 106.85 0.15 350.53 0.49 2.57   8.51   148.57  
    Group 1 ( 1 < TTM <=3 ) 71.56 0.02 71.79 0.02 231.67 0.08 1.19   2.16   6.09  
    Group 2 ( 3 < TTM <= 7 ) 107.35 0.18 107.55 0.19 338.97 0.59 1.58   4.60   25.47  
    Group 3 ( 7 < TTM <= 10 ) 140.36 0.33 140.69 0.34 459.19 1.12 1.97   8.13   74.89  
    Group 4 ( 10 < TTM ) 173.70 0.27 173.94 0.29 583.15 0.97 2.92   14.86   322.85  
    Group 5 (<= 10) 89.64 0.1 89.86 0.11 286.92 0.35 1.66   4.05   26.24  
SOE (G) Bond Index 103.49 0.11 103.97 0.11 201.81 0.22 1.84   4.45   33.06  
SOE (NG) Bond Index 110.09 0.12 110.72 0.13 230.62 0.26 2.51   5.53   48.71  
Corporate Bond Index (BBB up) 108.16 0.07 108.85 0.08 237.72 0.17 2.53   3.02   16.52  
Corporate Bond Index (BBB+ up) 108.54 0.07 109.24 0.08 237.56 0.18 2.49   3.07   16.99  
 
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.  BOT285A SA 1.28000   25-May-28 1.90   1.187039   100.167558   8,015.16  
2.  LB346A GB 2.80000   17-Jun-34 7.96   1.865382   106.876396   5,065.53  
3.  LB27NA GB 2.40000   17-Nov-27 1.38   0.993593   101.895773   4,335.26  
4.  SLB406A GB 2.70000   17-Jun-40 13.97   2.483216   102.538546   3,862.20  
5.  LB284A GB 2.05000   17-Apr-28 1.79   1.117146   101.639796   2,964.07  
 
 
 
 Market News
< 3701 | 3702 | 3703 | 3704 | 3705 | 3706 | 3707 | 3708 | 3709 | 3710 |   >
Found 66060 headlines
No. Date/Time Headlines
55531.       09-Nov-09 12:36     PN of BBTM to be registered on November 9, 2009
55532.       09-Nov-09 10:58     BE of QH will be registered on November 10, 2009
55533.       09-Nov-09 10:58     BE of PF will be registered on November 11, 2009
55534.       09-Nov-09 10:40     Treasury Bill Auction Result
55535.       06-Nov-09 16:18     BE of ROJANA will be registered on November 9, 2009
55536.       06-Nov-09 16:13     THCOM12NA and THCOM14NA issued by Thaicom Plc. are registered with ThaiBMA
55537.       06-Nov-09 16:12     TMB19NA issued by TMB Bank Plc. is registered with ThaiBMA
55538.       06-Nov-09 13:38     ISIN Code of CK11OA has been changed.
55539.       06-Nov-09 11:57     PN of BBTM to be registered on November 6, 2009
55540.       06-Nov-09 11:57     BBTM informs to put option since November 6, 2009
55541.       06-Nov-09 11:55     BE of TISCOG to be registered on November 6, 2009
55542.       06-Nov-09 10:25     LB296A's name has been changed to TLOAN53/02/19.60Y
55543.       06-Nov-09 09:57     BoT Bond Auction Result
55544.       05-Nov-09 14:30     KTC13NA is registered with ThaiBMA on November 5, 2009.
55545.       05-Nov-09 11:40     GHB's Bond Auction Result
 
 
Disclamer