8 May 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 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
< 4181 | 4182 | 4183 | 4184 | 4185 | 4186 | 4187 | 4188 | 4189 | 4190 |   >
Found 65830 headlines
No. Date/Time Headlines
62836.       25-Sep-06 15:02     SCBT's short-term debentures are registered on September 26, 2006
62837.       25-Sep-06 14:43     KTC's BE will be registered with ThaiBMA on September 26, 2006
62838.       25-Sep-06 14:43     KK's Short-term debentures will be registered with ThaiBMA on September 26, 2006
62839.       25-Sep-06 14:42     SPL's BE to be registered with ThaiBMA on September 25, 2006
62840.       25-Sep-06 14:42     ITD's BE to be registered with ThaiBMA on September 25, 2006
62841.       25-Sep-06 11:46     Treasury Bill Auction Result
62842.       22-Sep-06 17:20     SPL's BE will be registered with ThaiBMA on September 25 2006
62843.       22-Sep-06 17:19     SCBT's short-term debentures will be registered on September 25, 2006
62844.       22-Sep-06 16:06     TPI plans to issue debentures
62845.       22-Sep-06 15:37     OSPB is register with ThaiBMA on September 22, 2006
62846.       22-Sep-06 15:36     OSPA  to be registered  with ThaiBMA on September 22, 2006
62847.       22-Sep-06 10:35     PRIN's BE  to be  registered  with ThaiBMA on September 22, 2006
62848.       22-Sep-06 09:57     KTB has withdrawn THB 7.48 Bil of hybrid bond
62849.       22-Sep-06 09:50     TTA plans to issue new debentures worth THB 8.0 billion
62850.       21-Sep-06 17:37     PRIN's BE will be registered with ThaiBMA on September 22, 2006
 
 
Disclamer