15 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 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
< 4351 | 4352 | 4353 | 4354 | 4355 | 4356 | 4357 | 4358 | 4359 | 4360 |   >
Found 65858 headlines
No. Date/Time Headlines
65356.       20-Mar-03 16:30     SOE bond auction result
65357.       20-Mar-03 15:26     UTT083A to be registered on 21 Mar
65358.       19-Mar-03 11:45     Loan Bond Auction Result
65359.       19-Mar-03 11:16     Fed remains its rate at 1.25%
65360.       18-Mar-03 13:41     GSB cuts its lending rate
65361.       18-Mar-03 12:08     SRT103A auction result
65362.       18-Mar-03 11:54     BOT bond auction result
65363.       17-Mar-03 15:01     Delta plans to sell upto THB 7 bln. bond
65364.       17-Mar-03 15:01     SME Development Bank may sell 5 bln. baht bond on May
65365.       17-Mar-03 10:44     Treasury Bill Auction Result
65366.       17-Mar-03 10:07     TMB cut its lending rates today
65367.       17-Mar-03 09:58     Nava Leasing plans to sell 1.8 bln. bond
65368.       14-Mar-03 17:12     SPL073A to be registered on 17 Mar
65369.       14-Mar-03 14:17     Noble to issue THB 1,000 mln. bond
65370.       14-Mar-03 11:45     5-year EXIM bond is fixed at 2.43%
 
 
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