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
< 4251 | 4252 | 4253 | 4254 | 4255 | 4256 | 4257 | 4258 | 4259 | 4260 |   >
Found 65858 headlines
No. Date/Time Headlines
63856.       08-Mar-06 18:00     LH's BE will be registered with ThaiBMA on March 9, 2006
63857.       08-Mar-06 18:00     KTC's BE will be registered with ThaiBMA on March 9, 2006
63858.       08-Mar-06 17:59     SPL's BE will be registered with ThaiBMA on March 9, 2006
63859.       08-Mar-06 11:15     Loan Bond Auction Result
63860.       08-Mar-06 10:25     SCB announces the change of closing  date of registration of NHA079A
63861.       08-Mar-06 09:43     KTB announces the fixed deposit rates and Lending rates
63862.       07-Mar-06 14:33     BAY raises the fixed deposit rates and lending rates
63863.       07-Mar-06 14:00     SCIB announces the fixed deposit rates and the lending rates
63864.       07-Mar-06 13:48     BBL announces the fixed deposit rates and lending rates
63865.       07-Mar-06 13:45     TMB announces the fixed deposit rates
63866.       07-Mar-06 13:34     BoT's 2-year bond Auction Result
63867.       07-Mar-06 13:33     BoT Auction Result
63868.       07-Mar-06 10:59     ThaiBMA announces the correction of PF082A Calculation
63869.       07-Mar-06 09:10     MBK has been affirmed the National rating and Short term rating by Fitch Ratings
63870.       07-Mar-06 09:09     SPALI has been upgraded the company rating by TRIS Rating
 
 
Disclamer