22 October 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 2%.Govt gained the major portion or by 48% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 8 bp.Govt clean price index ended higher by 15 bp and corp index (BBB up) closed higher by 5 bp.The most active issue was LB29NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,401,582.43   -0.02  
 Number of issues 2,765  
 Total Trading Value 1,520,801.25   -2.07  
   Outright/Cash Trading 68,938.78   -5.8  
   Financing 1,448,458.69   -1.86  
   Others 3,403.78   -8.32  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 647,199,717.22  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.13 0.15 106.02 0.16 348.49 0.54 2.73   8.16   140.69  
    Group 1 ( 1 < TTM <=3 ) 71.05 0.01 71.52 0.02 231.91 0.06 1.34   1.92   5.02  
    Group 2 ( 3 < TTM <= 7 ) 106.30 0.04 107.10 0.05 338.16 0.16 1.75   4.29   22.46  
    Group 3 ( 7 < TTM <= 10 ) 137.86 0.17 138.84 0.18 454.21 0.58 2.19   7.89   70.80  
    Group 4 ( 10 < TTM ) 170.15 0.5 172.03 0.52 576.94 1.74 3.06   14.49   310.44  
    Group 5 (<= 10) 88.77 0.04 89.36 0.05 286.22 0.15 1.86   3.81   24.28  
SOE (G) Bond Index 102.33 0.07 102.93 0.08 200.86 0.15 2.09   4.61   33.58  
SOE (NG) Bond Index 109.37 0.1 110.14 0.11 231.06 0.22 2.61   5.40   46.65  
Corporate Bond Index (BBB up) 107.68 0.05 108.38 0.06 239.11 0.12 2.63   3.03   16.38  
Corporate Bond Index (BBB+ up) 108.03 0.05 108.73 0.06 238.83 0.12 2.59   3.08   16.89  
 
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.  LB29NA GB 2.50000   17-Nov-29 3.07   1.499829   102.967372   7,116.38  
2.  CB26O29A SA 0.00000   29-Oct-26 0.02   0.770146   99.985935   4,272.40  
3.  LB313A GB 1.34000   17-Mar-31 4.40   1.693532   98.516351   3,523.31  
4.  CB26N26A SA 0.00000   26-Nov-26 0.10   0.814845   99.924427   2,687.97  
5.  LB26DA GB 2.12500   17-Dec-26 0.15   0.999736   100.150549   2,566.50  
 
 
 
 Market News
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |   >
Found 66471 headlines
No. Date/Time Headlines
76.       14-Sep-26 09:48     NER informs to exercise call option on its debenture (NER279A).
77.       14-Sep-26 08:51     Fitch Affirms Eastern Polymer Group at 'A-(tha)'; Outlook Stable
78.       10-Sep-26 13:29     TRIS Rating affirms the issuer credit rating on Thoresen Thai Agencies PLC (TTA) and the ratings on its outstanding senior unsecured debentures at “BBB”, with a “Stable” rating outlook. And we assign a rating of “BBB” to TTA’s proposed issue of up to THB1.7 billion senior unsecured debentures.
79.       10-Sep-26 11:28     MOF has announced the issue size change on RBP298A and RBP368A.
80.       10-Sep-26 11:28     MOF has announced the issue size change on RBP298A and RBP368A.
81.       10-Sep-26 11:05     CI informs to exercise partial call option on its debenture (CI283A).
82.       10-Sep-26 10:47     CI informs to exercise partial call option on its debenture (CI276A).
83.       10-Sep-26 10:21     Central Bank Bill Auction Results: CBF27913A
84.       10-Sep-26 09:24     Fitch Affirms Thai Credit Bank's 'A(tha)' National Rating; Outlook Stable
85.       09-Sep-26 09:32     TRIS Rating downgrades the issuer credit rating on Khon Kaen Sugar Industry PLC (KSL) and the rating on its senior unsecured debenture to “BBB” from “BBB+”, with a “Stable” outlook.
86.       08-Sep-26 15:05     State Own Enterprise Bond Auction Results: BMTA339A
87.       08-Sep-26 11:47     MJD informs to exercise partial call option on its debenture (MJD274A).
88.       08-Sep-26 11:13     RLTH informs to exercise partial call option on its debenture (RLTH26NA).
89.       08-Sep-26 10:43     Fitch Affirms Thai EXIM at 'BBB+'; Outlook Negative
90.       08-Sep-26 10:07     Central Bank Bill Auction Results: CB26D11B
 
 
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