26 December 2025
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 5%.SA gained the major portion or by 38% of total outright trading value , following by T-Bill and Govt bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 5 bp.Govt clean price index ended higher by 2 bp while corp index (BBB up) closed lower by -1 bp.The most active issue was TB26701A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,882,719.13   0.11  
 Number of issues 2,767  
 Total Trading Value 1,317,958.88   4.82  
   Outright/Cash Trading 44,581.93   -27.73  
   Financing 1,272,531.30   6.44  
   Others 845.65   294.32  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 760,117,368.08  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.10 0.02 112.32 0.03 363.28 0.1 2.06   9.20   173.67  
    Group 1 ( 1 < TTM <=3 ) 71.89 0.00 72.09 0.00 230.03 0.01 1.15   1.96   5.17  
    Group 2 ( 3 < TTM <= 7 ) 108.81 -0.01 109.01 0.00 339.04 0.00 1.30   4.34   22.90  
    Group 3 ( 7 < TTM <= 10 ) 143.91 -0.03 144.17 -0.03 465.04 -0.08 1.61   7.91   71.19  
    Group 4 ( 10 < TTM ) 191.65 0.12 191.93 0.13 632.89 0.43 2.27   15.62   357.66  
    Group 5 (<= 10) 90.72 -0.01 90.93 0.00 286.78 -0.01 1.40   4.04   25.54  
SOE (G) Bond Index 104.60 -0.01 105.09 -0.01 201.72 -0.01 1.65   4.38   33.99  
SOE (NG) Bond Index 112.29 -0.02 112.99 -0.03 231.86 -0.02 2.20   5.84   53.58  
Corporate Bond Index (BBB up) 108.59 -0.01 109.26 0.00 234.57 0.00 2.50   2.97   16.35  
Corporate Bond Index (BBB+ up) 109.00 -0.01 109.67 0.00 234.52 0.00 2.45   3.03   16.88  
 
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.  TB26701A TB 0.00000   01-Jul-26 0.50   1.067183   99.467839   12,674.19  
2.  CB26326A SA 0.00000   26-Mar-26 0.25   1.020412   99.756695   2,627.59  
3.  CPF26922A CP 0.00000   22-Sep-26 0.74   1.520000   98.888118   1,977.76  
4.  CB26618A SA 0.00000   18-Jun-26 0.48   1.064697   99.505334   1,792.09  
5.  CB26702A SA 0.00000   02-Jul-26 0.52   1.067832   99.462374   1,518.79  
 
 
 
 Market News
< 811 | 812 | 813 | 814 | 815 | 816 | 817 | 818 | 819 | 820 |   >
Found 65318 headlines
No. Date/Time Headlines
12256.       22-Jul-22 11:35     TRIS RATING ASSIGNS COMPANY RATING TO “VTN” AT “BBB” WITH “STABLE” OUTLOOK
12257.       22-Jul-22 10:25     Loan Bond Auction Results: LBA476A
12258.       21-Jul-22 12:05     Central Bank Bill Auction Results: CBF23724A (update)
12259.       20-Jul-22 14:36     MINT informs to early redeem MINT18PA on August 31, 2022.
12260.       20-Jul-22 11:30     TRIS RATING ASSIGNS COMPANY RATING TO “BRI” AT “BBB” WITH “STABLE” OUTLOOK
12261.       20-Jul-22 11:28     แจ้งความคืบหน้าคดีเพิกถอนสัญญาประนีประนอมยอมความ
12262.       20-Jul-22 11:02     Loan Bond Auction Results: LB249A
12263.       19-Jul-22 17:30     ขอเชิญประชุมผู้ถือหุ้นกู้ CHO229A ครั้งที่ 1/2565 ผ่านสื่ออิเล็กทรอนิกส์ ในวันที่ 26 กรกฏาคม 2565 เว
12264.       19-Jul-22 17:10     ขอเชิญประชุมผู้ถือหุ้นกู้ CHO228A ครั้งที่ 1/2565 ผ่านสื่ออิเล็กทรอนิกส์ ในวันที่ 25 กรกฏาคม 2565 เวลา 10.00 น.
12265.       19-Jul-22 15:10     A informs to exercise partial call option on its debenture (A233A).
12266.       19-Jul-22 14:38     G CAPITAL PUBLIC COMPANY LIMITED has announced the restructuring of GCAP218A
12267.       19-Jul-22 10:20     Central Bank Bill Auction Results: CB22O20A
12268.       18-Jul-22 15:38     TRIS RATING AFFIRMS COMPANY RATING ON “PS” AT “A”, REVISES OUTLOOK TO “NEGATIVE” FROM “STABLE”
12269.       18-Jul-22 14:30     DTN has announced the Name (Eng) change on DTN241A, DTN257B, DTN277A, DTN297A and DTN317A. (update)
12270.       18-Jul-22 14:30     DTN has announced the Name (Eng) change on DTN241A, DTN257B, DTN277A, DTN297A and DTN317A. (update)
 
 
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