16 April 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 17%.SA gained the major portion or by 69% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -7 to 2 bp.Govt clean price index ended higher by 47 bp and corp index (BBB up) closed higher by 10 bp.The most active issue was CBF26O19A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,201,156.60   -0.02  
 Number of issues 2,773  
 Total Trading Value 1,849,284.12   17.43  
   Outright/Cash Trading 94,961.72   35.4  
   Financing 1,754,293.36   16.71  
   Others 29.04   -98.04  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 662,225,517.87  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 107.12 0.47 108.02 0.47 350.05 1.53 2.53   8.50   150.89  
    Group 1 ( 1 < TTM <=3 ) 71.65 0.04 72.15 0.05 230.85 0.15 1.19   1.96   5.19  
    Group 2 ( 3 < TTM <= 7 ) 107.52 0.18 108.35 0.18 337.67 0.57 1.51   4.18   21.30  
    Group 3 ( 7 < TTM <= 10 ) 140.24 0.52 141.16 0.53 456.50 1.7 1.91   7.60   66.18  
    Group 4 ( 10 < TTM ) 175.27 1.39 177.05 1.41 584.33 4.65 2.83   14.55   314.61  
    Group 5 (<= 10) 89.69 0.14 90.32 0.14 285.63 0.45 1.61   3.77   22.99  
SOE (G) Bond Index 103.24 0.18 103.79 0.17 200.41 0.37 1.91   4.54   34.53  
SOE (NG) Bond Index 110.08 0.26 110.81 0.27 229.24 0.56 2.51   5.58   49.51  
Corporate Bond Index (BBB up) 108.15 0.1 108.83 0.1 236.01 0.24 2.56   2.95   16.00  
Corporate Bond Index (BBB+ up) 108.53 0.1 109.23 0.1 235.88 0.24 2.51   3.00   16.49  
 
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.  CBF26O19A SA 1.04680   19-Oct-26 0.50   0.992435   100.028070   26,696.49  
2.  CBF26505A SA 1.28740   05-May-26 0.05   1.027864   99.999881   15,893.41  
3.  LB456A GB 2.98000   17-Jun-45 19.18   2.891058   101.303516   3,553.10  
4.  LB365A GB 1.84000   17-May-36 10.09   1.977434   98.750208   2,615.70  
5.  CB26820A SA 0.00000   20-Aug-26 0.35   0.870697   99.704847   2,566.40  
 
 
 
 Market News
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Found 65763 headlines
No. Date/Time Headlines
12481.       13-Sep-22 10:44     YUANTA informs to partially redeem YUANTA22930C on September 13, 2022.
12482.       13-Sep-22 10:34     Central Bank Bill Auction Results: CB22D15A
12483.       12-Sep-22 15:47     ขอเชิญประชุมผู้ถือหุ้นกู้ ALL22OA ครั้งที่ 2/2565 ผ่านสื่ออิเล็กทรอนิกส์ ในวันที่ 15 กันยายน พ.ศ. 2565 เวลา 14:00 น
12484.       12-Sep-22 15:39     สมาคมตลาดตราสารหนี้ไทย ขึ้นเครื่องหมาย IC หุ้นกู้ ALL22OA
12485.       12-Sep-22 15:11     A inform to exercise partial call option on its debenture (A238A).
12486.       12-Sep-22 10:51     Treasury Bill Auction Results: TB23315A
12487.       12-Sep-22 10:24     Fitch Affirms ICBCTL at 'AAA(tha)'; Outlook Stable
12488.       12-Sep-22 09:25     Fitch Affirms ICBCT at 'AAA(tha)'; Outlook Stable
12489.       12-Sep-22 09:19     การยื่นคำร้องขอฟื้นฟูกิจการของบริษัท ต่อศาลล้มละลายกลาง และคำสั่งศาลล้มละลายกลางที่รับคำร้องขอฟื้นฟูกิจการของบริษัทฯ ไว้พิจารณา
12490.       09-Sep-22 16:02     Fitch Affirms Bank of China (Thai) at 'AAA(tha)'; Outlook Stable
12491.       09-Sep-22 11:59     Fitch Affirms SMTB Thai at 'AAA(tha)'; Outlook Stable
12492.       09-Sep-22 11:56     Fitch Affirms CIMB Thai Bank at 'AA-(tha)'; Outlook Stable
12493.       09-Sep-22 10:05     รายงานความคืบหน้าการขายทอดตลาดหุ้น (ฉบับที่ 10)
12494.       09-Sep-22 09:13     Correction: Fitch Affirms Thai Oil at 'A+(tha)'; Outlook Remains Negative
12495.       09-Sep-22 08:51     TRIS RATING AFFIRMS RATINGS OF GUARANTEED DEBENTURES OF “TLT”: MEDIUM-TERM AT “AAA”, “THAI BAHT DEBENTURES PROGRAMME IN THE YEAR 2018 AND 2020” AT “AAA” AND “T1+”, AND ASSIGNS “AAA” AND “T1+” RATING TO “THAI BAHT DEBENTURES PROGRAMME IN THE YEAR 2022”, WITH “STABLE” OUTLOOK
 
 
Disclamer