11 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 14%.Govt gained the major portion or by 40% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields increased by 0 to 11 bp.Govt clean price index ended lower by -5 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was LB29NA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,275,474.15   -0.14  
 Number of issues 2,760  
 Total Trading Value 1,223,207.01   -14.08  
   Outright/Cash Trading 74,476.86   -7.35  
   Financing 1,148,494.44   -14.47  
   Others 235.71   -54.64  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 656,808,957.57  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.21 -0.05 107.27 -0.05 347.77 -0.15 2.62   8.37   147.73  
    Group 1 ( 1 < TTM <=3 ) 71.57 0.00 72.04 0.01 230.95 0.03 1.22   1.98   5.36  
    Group 2 ( 3 < TTM <= 7 ) 107.26 0.01 108.29 0.01 337.44 0.04 1.56   4.21   21.55  
    Group 3 ( 7 < TTM <= 10 ) 138.41 0.04 139.55 0.05 451.32 0.15 2.08   7.52   64.91  
    Group 4 ( 10 < TTM ) 172.79 -0.22 174.93 -0.21 577.38 -0.69 2.92   14.39   308.81  
    Group 5 (<= 10) 89.34 0.01 90.06 0.01 284.98 0.05 1.70   3.69   22.24  
SOE (G) Bond Index 102.83 -0.01 103.43 -0.01 199.92 -0.01 2.00   4.48   33.80  
SOE (NG) Bond Index 109.35 -0.03 110.17 -0.02 228.16 -0.04 2.62   5.49   48.32  
Corporate Bond Index (BBB up) 107.97 -0.02 108.60 -0.01 236.19 -0.01 2.60   2.95   15.91  
Corporate Bond Index (BBB+ up) 108.36 -0.02 109.00 -0.01 236.05 -0.01 2.55   3.00   16.41  
 
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.  LB29NA GB 2.50000   17-Nov-29 3.52   1.441335   103.611589   6,007.92  
2.  TB26N04A TB 0.00000   04-Nov-26 0.48   0.893381   99.571067   5,506.28  
3.  CB26521A SA 0.00000   21-May-26 0.03   0.829751   99.979421   3,427.29  
4.  LB273A GB 2.25000   17-Mar-27 0.85   1.013595   101.034703   3,087.67  
5.  KTC26528A CP 0.00000   28-May-26 0.05   1.050000   99.951120   2,998.53  
 
 
 
 Market News
< 4241 | 4242 | 4243 | 4244 | 4245 | 4246 | 4247 | 4248 | 4249 | 4250 |   >
Found 65834 headlines
No. Date/Time Headlines
63676.       18-Apr-06 10:56     Loan Bond Auction Result
63677.       18-Apr-06 09:11     TMB announces the fixed deposit rates
63678.       17-Apr-06 15:15     KK has been affirmed  the company rating and the issue rating by TRIS
63679.       17-Apr-06 12:01     Debt Restructuring Bill Auction Result
63680.       17-Apr-06 11:58     2-Year BoT's bond Auction Result
63681.       17-Apr-06 11:57     BoT Auction Result
63682.       17-Apr-06 11:56     Treasury Bill Auction Result
63683.       17-Apr-06 10:00     BBL announces the fixed deposit rates and lending rates
63684.       17-Apr-06 09:58     Bank Thai Plc. plan to issue subordinate bond
63685.       17-Apr-06 09:29     KTB announces the fixed deposit rates and Lending rates
63686.       17-Apr-06 09:25     SCIB announces the fixed deposit rates and the lending rates
63687.       12-Apr-06 18:24     SPLV103A and SPLV119A will be registered with ThaiBMA on April 21, 2006
63688.       12-Apr-06 17:41     ESSO's BE will be registered with ThaiBMA on April 18, 2006
63689.       12-Apr-06 17:40     Osprey Series I Co., Ltd., short-term debenture will be registered with ThaiBMA
63690.       12-Apr-06 17:40     CK's BE will be registered with ThaiBMA on April 17, 2006
 
 
Disclamer