3 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 1%.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 -4 to 1 bp.Govt clean price index ended higher by 13 bp and corp index (BBB up) closed higher by 5 bp.The most active issue was LB294A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,111,865.65   0.22  
 Number of issues 2,754  
 Total Trading Value 1,401,189.46   -1.22  
   Outright/Cash Trading 72,032.61   -4.68  
   Financing 1,328,561.58   -0.74  
   Others 595.26   -86.74  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 669,604,231.01  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.77 0.13 106.99 0.14 350.98 0.45 2.55   8.50   148.30  
    Group 1 ( 1 < TTM <=3 ) 71.57 0.01 71.81 0.02 231.72 0.05 1.18   2.15   6.08  
    Group 2 ( 3 < TTM <= 7 ) 107.48 0.13 107.69 0.14 339.39 0.43 1.55   4.59   25.43  
    Group 3 ( 7 < TTM <= 10 ) 140.61 0.25 140.95 0.26 460.04 0.85 1.95   8.13   74.88  
    Group 4 ( 10 < TTM ) 174.00 0.3 174.25 0.31 584.21 1.05 2.91   14.87   323.04  
    Group 5 (<= 10) 89.71 0.08 89.94 0.08 287.18 0.26 1.64   4.05   26.23  
SOE (G) Bond Index 103.46 -0.03 103.94 -0.03 201.77 -0.04 1.85   4.45   33.02  
SOE (NG) Bond Index 110.23 0.14 110.87 0.15 230.93 0.31 2.48   5.54   48.75  
Corporate Bond Index (BBB up) 108.21 0.05 108.91 0.06 237.85 0.13 2.51   3.02   16.51  
Corporate Bond Index (BBB+ up) 108.59 0.05 109.30 0.06 237.69 0.13 2.47   3.07   16.98  
 
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.  LB294A GB 1.19000   17-Apr-29 2.79   1.250717   99.832489   6,193.18  
2.  LB273A GB 2.25000   17-Mar-27 0.70   0.931611   100.906602   4,191.03  
3.  SLB406A GB 2.70000   17-Jun-40 13.97   2.442825   103.019754   3,460.42  
4.  LB276A GB 1.00000   17-Jun-27 0.96   0.919278   100.074429   3,373.35  
5.  LB463A GB 3.22000   17-Mar-46 19.72   2.922902   104.423627   3,141.79  
 
 
 
 Market News
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Found 66060 headlines
No. Date/Time Headlines
60151.       27-Dec-07 16:57     Change of names and symbols of ATC086A and ATC106A due to the merger
60152.       27-Dec-07 15:31     S-T debentures of SCBT will be registered on December 28, 2007
60153.       27-Dec-07 15:30     PN of BBTM to be registered on December 27, 2007
60154.       27-Dec-07 15:30     BE of SICO to be registered on December 27, 2007
60155.       27-Dec-07 15:30     BE of  SPL will be registered on December 28 , 2007
60156.       27-Dec-07 15:29     S-T debentures of KBNK to be registered on December 27, 2007
60157.       27-Dec-07 15:28     PN of  TSFC to be registered on December 27, 2007
60158.       27-Dec-07 15:28     S-T debentures of DBBK to be registered on December 27, 2007
60159.       27-Dec-07 14:34     The merger of ATC and RRC
60160.       27-Dec-07 14:19     BOT Bond Auction Result
60161.       27-Dec-07 11:21     Treasury Bill Auction Result
60162.       27-Dec-07 10:24     KEGCO has been affirmed the rating by TRIS
60163.       27-Dec-07 10:01     SCIB announces the new fixed deposit rates
60164.       26-Dec-07 17:46     Auction Schedule of Loan Bonds in January - March 2008
60165.       26-Dec-07 17:08     S-T debentures of SCBT will be registered on December 27, 2007
 
 
Disclamer