11 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 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
< 4331 | 4332 | 4333 | 4334 | 4335 | 4336 | 4337 | 4338 | 4339 | 4340 |   >
Found 65834 headlines
No. Date/Time Headlines
65041.       26-Sep-03 10:11     Treasury Bill Auction Schedule in October
65042.       25-Sep-03 16:42     TAC  announces amount of bullet bonds
65043.       25-Sep-03 15:58     BAY#1-2 to be exercised call option
65044.       25-Sep-03 15:29     THAI to issue its bond
65045.       25-Sep-03 14:17     DCT069A to be registered on 26 Sep
65046.       24-Sep-03 16:00     TAC to issue its bond on 25 Sep. 2003
65047.       24-Sep-03 11:24     LB11NA Auction Result
65048.       23-Sep-03 11:01     BOT Bond Auction Result
65049.       22-Sep-03 16:52     BP109A to be registered on 23 Sep
65050.       22-Sep-03 11:16     Treasury Bill Auction Result
65051.       22-Sep-03 09:43     PRIMUS Leasing to issue its bond.
65052.       19-Sep-03 16:34     Thai Olefins to issue its bond
65053.       18-Sep-03 13:53     PEA & ETA auction results
65054.       18-Sep-03 09:43     KBANK assigned rating by FITCH
65055.       18-Sep-03 09:27     SSI assigned expected rating by FITCH
 
 
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