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
< 4341 | 4342 | 4343 | 4344 | 4345 | 4346 | 4347 | 4348 | 4349 | 4350 |   >
Found 65834 headlines
No. Date/Time Headlines
65161.       11-Jul-03 09:02     Golden Land bond assigned at "BBB"
65162.       10-Jul-03 11:53     APD Bond Assigned at "BBB(tha)"
65163.       10-Jul-03 09:09     MEA to issue bonds
65164.       09-Jul-03 08:55     BAY to cut its interest rate on 15 July
65165.       08-Jul-03 10:42     BOT Bond Auction Result
65166.       07-Jul-03 11:44     T-Bill Auction Results
65167.       07-Jul-03 11:26     PL066A to be registered on 8 Jul
65168.       07-Jul-03 09:15     TMB cuts its interest rate today
65169.       07-Jul-03 09:08     BBL cuts its interest rate today
65170.       04-Jul-03 11:09     GHB cuts its interest rate
65171.       04-Jul-03 10:40     KK new bond assigned at "BBB+"
65172.       04-Jul-03 09:52     NTH086A affirmed rating at "AAA"
65173.       04-Jul-03 08:49     KBANK cuts its interest rate today
65174.       03-Jul-03 13:50     KIM ENG Assigned at "BBB(tha)"
65175.       03-Jul-03 09:02     SCB cuts its interest rate
 
 
Disclamer