8 May 2026
Service Manager :  Sineerat (0-2257-0357 # 301)
  Home > ASEAN Bond Market  
 
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 16%.Govt gained the major portion or by 55% of total outright trading value , following by SA and CP bonds,respectively.Govt bonds yields fluctuated within a range of -4 to 9 bp.Govt clean price index ended higher by 11 bp and corp index (BBB up) closed higher by 7 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,300,182.90   0.25  
 Number of issues 2,774  
 Total Trading Value 1,423,739.03   -16.03  
   Outright/Cash Trading 80,388.04   -40.14  
   Financing 1,342,831.37   -13.98  
   Others 519.63   232.22  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,903,412.28  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.27 0.11 107.31 0.11 347.88 0.37 2.61   8.38   148.00  
    Group 1 ( 1 < TTM <=3 ) 71.57 0.03 72.03 0.04 230.91 0.12 1.23   1.99   5.40  
    Group 2 ( 3 < TTM <= 7 ) 107.26 0.05 108.27 0.05 337.37 0.17 1.56   4.22   21.61  
    Group 3 ( 7 < TTM <= 10 ) 138.37 0.16 139.49 0.17 451.12 0.54 2.09   7.53   65.04  
    Group 4 ( 10 < TTM ) 173.02 0.27 175.12 0.29 577.98 0.96 2.91   14.40   309.16  
    Group 5 (<= 10) 89.33 0.05 90.04 0.05 284.91 0.17 1.70   3.69   22.30  
SOE (G) Bond Index 102.85 0.07 103.44 0.06 199.91 0.15 1.99   4.49   33.88  
SOE (NG) Bond Index 109.38 0.07 110.18 0.08 228.17 0.17 2.62   5.50   48.44  
Corporate Bond Index (BBB up) 108.00 0.07 108.63 0.08 236.17 0.17 2.59   2.94   15.85  
Corporate Bond Index (BBB+ up) 108.38 0.07 109.02 0.08 236.03 0.18 2.54   2.99   16.35  
 
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.  LB273A GB 2.25000   17-Mar-27 0.86   1.034193   101.016910   12,146.40  
2.  CB26618A SA 0.00000   18-Jun-26 0.11   0.825916   99.913264   5,032.63  
3.  LB365A GB 1.84000   17-May-36 10.03   2.155126   97.175253   4,738.13  
4.  CBF26602A SA 1.20609   02-Jun-26 0.07   0.964686   100.004697   3,850.99  
5.  LB276A GB 1.00000   17-Jun-27 1.11   1.070140   99.924737   3,150.93  
 
 
 
 Market News
< 3801 | 3802 | 3803 | 3804 | 3805 | 3806 | 3807 | 3808 | 3809 | 3810 |   >
Found 65829 headlines
No. Date/Time Headlines
57121.       29-Jan-09 16:51     BE of CENTEL to be registered on January 29, 2009
57122.       29-Jan-09 15:28     MPSC has cancelled the registration of  its Bill of Exchange.
57123.       29-Jan-09 13:14     BAAC's Bond Auction Result
57124.       29-Jan-09 11:00     S-T debentures of SCBT to be registered on January 29, 2009
57125.       29-Jan-09 10:21     BOT bond Auction result
57126.       28-Jan-09 16:46     BBTM informs to put option since January 28, 2009
57127.       28-Jan-09 16:33     BE of TCAP will be registered on January 29, 2009
57128.       28-Jan-09 16:26     BE of KTC will be registered on January 29, 2009.
57129.       28-Jan-09 16:19     BE of ROJANA will be registered on January 29, 2009
57130.       28-Jan-09 16:02     BE of MPSC will be registered on January 29 and 30, 2009
57131.       28-Jan-09 15:47     BE of LH will be registered on January 29, 2009
57132.       28-Jan-09 15:46     PN of BBTM to be registered on January 28, 2009
57133.       28-Jan-09 15:26     BE of PL will be registered on January 29, 2009.
57134.       28-Jan-09 15:25     TOP's debentures have been assigned the rating by Fitch Raitngs.
57135.       28-Jan-09 15:18     BE of HWAY to be registered on January 28, 2009
 
 
Disclamer