2 May 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 decreased by 34%.Govt gained the major portion or by 45% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 13 bp.Govt clean price index ended lower by -14 bp and corp index (BBB up) closed lower by -8 bp.The most active issue was TB25N05A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,520,901.99   -0.02  
 Number of issues 2,880  
 Total Trading Value 1,538,252.95   -34.08  
   Outright/Cash Trading 93,577.39   0.44  
   Financing 1,440,545.59   -35.63  
   Others 4,129.97   92.76  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 671,582,327.99  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 109.87 -0.14 110.91 -0.13 350.03 -0.41 2.30   8.81   160.90  
    Group 1 ( 1 < TTM <=3 ) 71.71 -0.03 72.20 -0.03 226.16 -0.08 1.55   1.95   5.16  
    Group 2 ( 3 < TTM <= 7 ) 107.81 -0.13 108.79 -0.12 330.25 -0.37 1.66   4.32   22.81  
    Group 3 ( 7 < TTM <= 10 ) 141.73 -0.16 143.18 -0.15 450.47 -0.47 1.86   7.23   61.00  
    Group 4 ( 10 < TTM ) 185.14 -0.32 187.13 -0.31 600.50 -0.99 2.48   14.87   327.44  
    Group 5 (<= 10) 90.07 -0.08 90.83 -0.07 280.10 -0.22 1.71   3.77   22.24  
SOE (G) Bond Index 103.73 -0.11 104.33 -0.11 197.28 -0.2 1.89   4.44   34.14  
SOE (NG) Bond Index 110.55 -0.15 111.30 -0.14 224.29 -0.28 2.54   5.89   56.06  
Corporate Bond Index (BBB up) 107.81 -0.08 108.43 -0.07 227.81 -0.15 2.88   2.89   15.88  
Corporate Bond Index (BBB+ up) 108.13 -0.08 108.76 -0.07 227.64 -0.15 2.87   2.91   16.02  
 
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.  TB25N05A TB 0.00000   05-Nov-25 0.50   1.560813   99.228167   12,850.05  
2.  CBF25N03A SA 1.81078   03-Nov-25 0.50   1.735445   100.038150   4,047.54  
3.  CB25731A SA 0.00000   31-Jul-25 0.25   1.486518   99.652387   3,491.82  
4.  CB25508B SA 0.00000   08-May-25 0.02   1.504652   99.991456   3,379.71  
5.  LB29NA GB 2.50000   17-Nov-29 4.55   1.623551   103.815339   3,347.28  
 
 
 
 Market News
< 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 |   >
Found 62635 headlines
No. Date/Time Headlines
1396.       28-Jan-25 14:55     EP แจ้งข่าวต่อ SET เรื่อง การรับความช่วยเหลือทางการเงินจากบริษัท อควา คอร์เปอเรชั่น จำกัด (มหาชน) ซึ่งเข้าข่ายเป็นรายการที่เกี่ยวโยงกัน
1397.       28-Jan-25 14:09     STELLA informs to exercise partial call option on its debenture (NUSA253A and NUSA253B).
1398.       28-Jan-25 14:09     STELLA informs to exercise partial call option on its debenture (NUSA253A and NUSA253B).
1399.       28-Jan-25 10:11     CWTTH informs to exercise partial call option on its debenture (CWTTH25DA).
1400.       28-Jan-25 10:00     Central Bank Bill Auction Results: CB25502A
1401.       27-Jan-25 15:35     การดำรงเงื่อนไขทางการเงิน ของ SENA ไตรมาสที่ 3 ประจำปี 2024 (แก้ไข)
1402.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1403.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1404.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1405.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1406.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1407.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1408.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1409.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
1410.       27-Jan-25 14:14     TRIS Rating Assigns “BBB-” Rating to Senior Unsecured Debt Worth Up to THB800 Million of “PRIN”, with “Stable” Outlook
 
 
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