26 August 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 58%.SA gained the major portion or by 43% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 1 bp.Govt clean price index ended higher by 3 bp and corp index (BBB up) closed higher by 3 bp.The most active issue was LB556A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,210,841.86   0.03  
 Number of issues 2,734  
 Total Trading Value 2,130,855.63   57.51  
   Outright/Cash Trading 76,854.38   -28.15  
   Financing 2,053,637.68   65.1  
   Others 363.57   -82.09  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,377,791.51  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.23 0.03 106.88 0.04 350.63 0.13 2.61   8.36   145.92  
    Group 1 ( 1 < TTM <=3 ) 71.40 0.02 71.92 0.03 232.08 0.08 1.19   2.01   5.39  
    Group 2 ( 3 < TTM <= 7 ) 107.09 0.03 107.66 0.03 339.34 0.1 1.60   4.40   23.50  
    Group 3 ( 7 < TTM <= 10 ) 139.39 0.16 140.21 0.17 457.59 0.55 2.05   8.00   72.71  
    Group 4 ( 10 < TTM ) 172.90 0.02 173.97 0.04 583.25 0.12 2.95   14.75   320.30  
    Group 5 (<= 10) 89.35 0.04 89.89 0.04 287.02 0.13 1.71   3.93   25.15  
SOE (G) Bond Index 102.86 0.04 103.36 0.03 201.22 0.09 1.97   4.38   32.10  
SOE (NG) Bond Index 110.00 0.06 110.85 0.07 231.39 0.15 2.51   5.42   47.06  
Corporate Bond Index (BBB up) 108.07 0.03 108.80 0.04 238.72 0.09 2.53   3.03   16.44  
Corporate Bond Index (BBB+ up) 108.44 0.03 109.18 0.04 238.52 0.09 2.49   3.08   16.95  
 
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.  LB556A GB 4.00000   17-Jun-55 28.83   3.165189   115.691687   7,466.37  
2.  CB26917B SA 0.00000   17-Sep-26 0.06   0.968886   99.944456   6,627.32  
3.  CBF27125A SA 1.04602   25-Jan-27 0.42   0.975960   100.028989   6,007.74  
4.  LB27NA GB 2.40000   17-Nov-27 1.23   1.079991   101.588076   5,950.75  
5.  TB27224A TB 0.00000   24-Feb-27 0.50   0.935000   99.535944   4,145.67  
 
 
 
 Market News
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Found 66304 headlines
No. Date/Time Headlines
9376.       07-Nov-23 11:42     Central Bank Bill Auction Results: CB24208B, CB24N07A (update)
9377.       07-Nov-23 10:14     Central Bank Bill Auction Results: CB24208B
9378.       06-Nov-23 10:20     Treasury Bill Auction Results: TB24508A
9379.       03-Nov-23 14:52     TRIS RATING DOWNGRADES COMPANY RATING ON “AREEYA” TO “B” FROM “B+”, AND REVISES OUTLOOK TO “NEGATIVE” FROM “STABLE”
9380.       02-Nov-23 16:15     THE SUPREME ADMINISTRATIVE COURT’S ORDER HAS NO IMPACT ON THE RATINGS ON "TRUE"
9381.       02-Nov-23 10:01     Bank of Thailand Bond Auction Results: BOT25NA
9382.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9383.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9384.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9385.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9386.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9387.       02-Nov-23 09:18     TRIS RATING ASSIGNS “BBB” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB5 BILLION OF “DA”, REPLACING RECENT DEBT WORTH UP TO THB2.5 BILLION
9388.       02-Nov-23 09:08     ALL แจ้งข่าวต่อ SET เรื่อง ชี้แจงข้อมูลในงบการเงินไตรมาส 2 ปี 2566 ตามที่ตลาดหลักทรัพย์ฯ สอบถาม (เพิ
9389.       02-Nov-23 09:03     SABUY แจ้งข่าวต่อ SET เรื่อง แจ้งการมีผู้ถือหุ้นใหญ่รายใหม่
9390.       01-Nov-23 14:14     TTA แจ้งข่าวต่อ SET เรื่อง รายงานความเห็นของที่ปรึกษาทางการเงินอิสระเกี่ยวกับรายการที่เกี่ยวโยง ประเ
 
 
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