7 September 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 8%.Govt gained the major portion or by 48% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields increased by 0 to 2 bp.Govt clean price index ended lower by -5 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was LB27NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,294,923.64   -0.06  
 Number of issues 2,743  
 Total Trading Value 1,387,889.76   8.47  
   Outright/Cash Trading 63,933.58   -13.4  
   Financing 1,321,894.54   9.63  
   Others 2,061.64   n.a.  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 663,866,789.77  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.66 -0.05 106.41 -0.05 349.07 -0.15 2.67   8.31   144.80  
    Group 1 ( 1 < TTM <=3 ) 71.29 -0.02 71.87 -0.01 231.92 -0.05 1.25   1.97   5.25  
    Group 2 ( 3 < TTM <= 7 ) 106.85 -0.01 107.51 -0.01 338.85 -0.02 1.64   4.36   23.17  
    Group 3 ( 7 < TTM <= 10 ) 138.25 0.01 139.17 0.02 454.22 0.07 2.15   7.98   72.39  
    Group 4 ( 10 < TTM ) 171.39 -0.19 172.64 -0.17 578.80 -0.58 3.01   14.70   318.76  
    Group 5 (<= 10) 89.08 -0.01 89.69 0.00 286.38 -0.01 1.79   3.91   25.09  
SOE (G) Bond Index 102.51 -0.03 103.05 -0.03 200.68 -0.05 2.05   4.35   31.85  
SOE (NG) Bond Index 109.54 -0.04 110.29 -0.03 230.64 -0.06 2.58   5.43   47.01  
Corporate Bond Index (BBB up) 107.90 -0.02 108.63 -0.01 238.61 -0.02 2.58   3.03   16.40  
Corporate Bond Index (BBB+ up) 108.26 -0.02 109.00 -0.01 238.37 -0.03 2.53   3.08   16.91  
 
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.  LB27NA GB 2.40000   17-Nov-27 1.19   1.113145   101.505616   5,688.78  
2.  TB27310A TB 0.00000   10-Mar-27 0.50   0.942839   99.532261   4,890.02  
3.  LB556A GB 4.00000   17-Jun-55 28.79   3.209697   114.762386   4,824.04  
4.  LB276A GB 1.00000   17-Jun-27 0.78   1.083643   99.934195   4,175.83  
5.  LB273A GB 2.25000   17-Mar-27 0.52   1.042959   100.629299   3,969.71  
 
 
 
 Market News
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Found 66386 headlines
No. Date/Time Headlines
61801.       13-Jun-07 13:53     S-T debentures of KBNK will be registered on June 13 and 14, 2007
61802.       13-Jun-07 13:53     BE of  SPL will be registered on June 14, 2007
61803.       13-Jun-07 12:21     Auction of LB244A on June 13, 2007 is cancelled
61804.       13-Jun-07 11:45     Loan Bond Auction Result
61805.       13-Jun-07 10:40     S-T debentures of DBBK to be registered on June 13, 2007
61806.       13-Jun-07 10:33     BOT Bond Auction Schedule in June 2007
61807.       12-Jun-07 15:15     CPN126A will be registered with ThaiBMA on June 14, 2007
61808.       12-Jun-07 14:14     BE of OSPA will be registered on June 20, 2007
61809.       12-Jun-07 14:14     BE of OSPB will be registered on June 20, 2007
61810.       12-Jun-07 14:13     S-T debentures of DBBK will be registered on June 13, 2007
61811.       12-Jun-07 13:22     BE of  SPL will be registered on June 13, 2007
61812.       12-Jun-07 11:23     BOT Bond Auction Result
61813.       11-Jun-07 16:23     S-T debentures of  TMB will be registered on June 15, 2007
61814.       11-Jun-07 16:22     S-T debentures of SCBT will be registered on June 12, 2007
61815.       11-Jun-07 13:41     CB07628A was changed the issued units
 
 
Disclamer