15 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 7%.SA gained the major portion or by 55% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of 1 to 14 bp.Govt clean price index ended lower by -38 bp and corp index (BBB up) closed lower by -15 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,310,227.97   0.25  
 Number of issues 2,765  
 Total Trading Value 1,257,990.91   -7.4  
   Outright/Cash Trading 58,924.32   -44.66  
   Financing 1,197,758.69   -4.24  
   Others 1,307.89   6.73  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 649,288,207.98  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.62 -0.38 106.72 -0.37 345.96 -1.19 2.68   8.29   145.36  
    Group 1 ( 1 < TTM <=3 ) 71.50 -0.03 71.99 -0.03 230.79 -0.09 1.27   1.99   5.38  
    Group 2 ( 3 < TTM <= 7 ) 107.00 -0.17 108.06 -0.16 336.72 -0.5 1.61   4.19   21.43  
    Group 3 ( 7 < TTM <= 10 ) 137.84 -0.63 139.02 -0.62 449.60 -2.01 2.14   7.51   64.68  
    Group 4 ( 10 < TTM ) 171.04 -1.05 173.25 -1.03 571.82 -3.41 2.99   14.31   305.56  
    Group 5 (<= 10) 89.16 -0.14 89.90 -0.14 284.48 -0.43 1.75   3.66   22.04  
SOE (G) Bond Index 102.66 -0.27 103.24 -0.27 199.63 -0.51 2.03   4.47   33.65  
SOE (NG) Bond Index 108.95 -0.35 109.76 -0.36 227.40 -0.71 2.69   5.47   48.03  
Corporate Bond Index (BBB up) 107.79 -0.15 108.43 -0.14 235.88 -0.3 2.65   2.95   15.88  
Corporate Bond Index (BBB+ up) 108.17 -0.15 108.82 -0.14 235.73 -0.31 2.60   3.00   16.38  
 
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 0.84   1.010616   101.013806   3,379.73  
2.  CB26604A SA 0.00000   04-Jun-26 0.05   0.854676   99.958815   3,355.62  
3.  CB26611A SA 0.00000   11-Jun-26 0.07   0.849640   99.939098   3,304.99  
4.  CBF26615A SA 1.40811   15-Jun-26 0.08   0.967829   100.005992   3,039.91  
5.  CBF26914A SA 1.23619   14-Sep-26 0.33   0.957240   100.028882   2,623.95  
 
 
 
 Market News
< 4191 | 4192 | 4193 | 4194 | 4195 | 4196 | 4197 | 4198 | 4199 | 4200 |   >
Found 65858 headlines
No. Date/Time Headlines
62941.       13-Sep-06 14:10     HWAY's BE will be registered with ThaiBMA on September 15, 2006.
62942.       13-Sep-06 11:42     TLT's short-term debenture will be registered with ThaiBMA on September 14, 2006
62943.       13-Sep-06 11:41     AP's BE will be registered with ThaiBMA on August 14 and 15, 2006.
62944.       13-Sep-06 11:04     Loan Bond Auction Result
62945.       12-Sep-06 17:36     ITD has set coupon rates for debentures at 6.75% and 7.00%
62946.       12-Sep-06 17:08     SCBT's short-term debentures will be registered on September 13, 2006
62947.       12-Sep-06 17:07     TK's BE is registered with ThaiBMA on  September 12, 2006
62948.       12-Sep-06 15:06     KTB has been assigned international Long-term foreign currency rating by Fitch
62949.       12-Sep-06 11:43     BoT Auction Result
62950.       11-Sep-06 17:36     MBK asks for debentures issuing from shareholders
62951.       11-Sep-06 17:07     TTA plans to issue debentures not more than THB 10.0 billion
62952.       11-Sep-06 17:01     SCBT's short-term debentures will be registered on September 12, 2006
62953.       11-Sep-06 17:01     HSBC's short-term debentures will be registered on September 13, 2006
62954.       11-Sep-06 17:00     KBNK will be registered with ThaiBMA on September 13 and 20, 2006
62955.       11-Sep-06 16:59     KTC's BE will be registered with ThaiBMA on September 13 , 2006
 
 
Disclamer