6 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 57% of total outright trading value , following by SA and CP bonds,respectively.Govt bonds yields decreased by -7 to 0 bp.Govt clean price index ended higher by 27 bp and corp index (BBB up) closed higher by 14 bp.The most active issue was SLB406A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,118,483.15   0.04  
 Number of issues 2,753  
 Total Trading Value 1,306,797.84   -6.74  
   Outright/Cash Trading 71,125.52   -1.26  
   Financing 1,235,107.21   -7.03  
   Others 565.11   -5.07  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 672,758,163.36  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 107.03 0.27 107.28 0.27 351.92 0.9 2.52   8.51   148.92  
    Group 1 ( 1 < TTM <=3 ) 71.60 0.04 71.86 0.05 231.89 0.15 1.16   2.15   6.04  
    Group 2 ( 3 < TTM <= 7 ) 107.62 0.14 107.85 0.15 339.89 0.47 1.52   4.59   25.36  
    Group 3 ( 7 < TTM <= 10 ) 141.16 0.55 141.53 0.56 461.90 1.82 1.90   8.13   74.82  
    Group 4 ( 10 < TTM ) 174.69 0.69 174.99 0.71 586.67 2.38 2.88   14.89   324.10  
    Group 5 (<= 10) 89.84 0.13 90.09 0.14 287.64 0.43 1.60   4.04   26.22  
SOE (G) Bond Index 103.67 0.21 104.15 0.22 202.21 0.42 1.80   4.45   33.02  
SOE (NG) Bond Index 110.52 0.29 111.17 0.3 231.57 0.62 2.44   5.54   48.79  
Corporate Bond Index (BBB up) 108.34 0.14 109.03 0.14 238.20 0.32 2.47   3.02   16.54  
Corporate Bond Index (BBB+ up) 108.72 0.14 109.42 0.15 238.04 0.32 2.43   3.07   17.01  
 
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.  SLB406A GB 2.70000   17-Jun-40 13.96   2.417918   103.317490   5,059.61  
2.  LB293A GB 2.40000   17-Mar-29 2.70   1.218024   103.114223   4,071.11  
3.  LB294A GB 1.19000   17-Apr-29 2.78   1.218982   99.918987   3,871.82  
4.  CBF26720A SA 1.33490   20-Jul-26 0.04   0.930971   100.003783   3,523.19  
5.  LB286A GB 2.65000   17-Jun-28 1.95   1.131781   102.906802   3,072.66  
 
 
 
 Market News
< 4321 | 4322 | 4323 | 4324 | 4325 | 4326 | 4327 | 4328 | 4329 | 4330 |   >
Found 66061 headlines
No. Date/Time Headlines
64861.       01-Oct-04 11:18     PL will issue new bond which is second issue in 2004
64862.       01-Oct-04 08:57     SIRI affirmed the company rating by TRIS
64863.       30-Sep-04 18:00     Treasury Bills Auction Schedule
64864.       30-Sep-04 08:54     PL affirmed both of company and issue rating by TRIS
64865.       30-Sep-04 08:17     PL079A to be registered on 30 Sep 2004
64866.       29-Sep-04 17:35     BoT Bond Auction Schedule
64867.       29-Sep-04 12:00     Loan Bond Auction Result
64868.       28-Sep-04 11:24     BOT Bond Auction Result
64869.       28-Sep-04 09:00     TCA affirmed both of company and issue rating by TRIS
64870.       27-Sep-04 11:36     Treasury Bill Auction Result
64871.       24-Sep-04 16:52     MEA Auction Schedule in October
64872.       24-Sep-04 14:49     TOC affirmed rating and revised Outlook by FICTH
64873.       24-Sep-04 11:18     THAI08OA and THAI10OA  affirmed rating  by TRIS
64874.       23-Sep-04 10:37     SSI placed ratings issued on Rating Watch Negative by FITCH
64875.       22-Sep-04 18:08     NPC upgraded rating by FICTH
 
 
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