29 April 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 increased by 92%.SA gained the major portion or by 65% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 6 bp.Govt clean price index ended higher by 3 bp and corp index (BBB up) closed higher by 1 bp.The most active issue was CBF26N02A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,246,781.18   -0.02  
 Number of issues 2,763  
 Total Trading Value 2,190,644.39   91.57  
   Outright/Cash Trading 99,345.46   -19.22  
   Financing 2,088,900.31   105.39  
   Others 2,398.62   -31.35  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 658,135,778.71  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.36 0.03 107.33 0.04 347.94 0.13 2.61   8.42   149.00  
    Group 1 ( 1 < TTM <=3 ) 71.57 0.00 71.98 0.00 230.76 0.00 1.24   2.02   5.51  
    Group 2 ( 3 < TTM <= 7 ) 107.25 0.07 108.19 0.08 337.12 0.24 1.57   4.24   21.83  
    Group 3 ( 7 < TTM <= 10 ) 138.75 0.00 139.79 0.01 452.09 0.03 2.05   7.56   65.46  
    Group 4 ( 10 < TTM ) 173.24 0.07 175.21 0.09 578.28 0.28 2.91   14.48   312.38  
    Group 5 (<= 10) 89.38 0.02 90.03 0.03 284.89 0.08 1.69   3.72   22.53  
SOE (G) Bond Index 102.86 0.09 103.45 0.09 199.83 0.2 1.99   4.50   34.01  
SOE (NG) Bond Index 109.45 0.02 110.18 -0.02 228.16 0.05 2.61   5.53   48.81  
Corporate Bond Index (BBB up) 107.94 0.01 108.56 0.02 235.85 0.05 2.62   2.94   15.88  
Corporate Bond Index (BBB+ up) 108.32 0.02 108.95 0.02 235.71 0.05 2.56   2.99   16.37  
 
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.  CBF26N02A SA 1.04551   02-Nov-26 0.50   0.980166   100.034922   29,821.41  
2.  CB26514A SA 0.00000   14-May-26 0.04   0.834009   99.967180   5,032.35  
3.  CBF26518A SA 1.24487   18-May-26 0.05   0.996080   99.999580   3,912.77  
4.  CBF27426A SA 1.04797   26-Apr-27 0.99   0.996080   100.053773   3,656.29  
5.  LB273A GB 2.25000   17-Mar-27 0.88   1.040119   101.038219   3,649.06  
 
 
 
 Market News
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Found 65803 headlines
No. Date/Time Headlines
14446.       24-Jun-21 11:15     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “THCOM” AT “BBB+”, WITH “STABLE” OUTL
14447.       24-Jun-21 10:58     PDI informs to partially redeem PDI21DA on June 15, 2021.
14448.       24-Jun-21 09:14     DEES has announced the information change on DEES236A and DEES246A.
14449.       24-Jun-21 09:14     DEES has announced the information change on DEES236A and DEES246A.
14450.       23-Jun-21 08:45     TRIS RATING UPGRADES COMPANY RATING ON “TFG” TO “BBB” FROM “BBB-” AND AFFIRMS GUARANTEED DEBT RATING
14451.       22-Jun-21 10:14     Central Bank Bill Auction Results: CB21923A
14452.       22-Jun-21 09:20     PSL informs to partially redeem PSL211A on July 22, 2021.
14453.       22-Jun-21 09:00     YUANTA informs to partially redeem YUANTA21630A on June 22, 2021.
14454.       21-Jun-21 11:07     Treasury Bill Auction Results: TB21D22A
14455.       21-Jun-21 10:50     TRIS RATING ASSIGNS “A” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB1.5 BILLION OF “CBG”, WITH “S
14456.       18-Jun-21 18:00     JCKD has announced to amend terms and condition of JCKD206A clause 11.2 (ข)
14457.       18-Jun-21 14:48     TRIS RATING ASSIGNS “A-” RATING TO SENIOR UNSECURED DEBT WORTH UP TO THB2 BILLION OF “STA”, WITH “ST
14458.       18-Jun-21 09:30     YUANTA informs to redeem YUANTA21630D on June 18, 2021.
14459.       16-Jun-21 13:06     ศาลล้มละลายกลางมีคำสั่งเห็นชอบด้วยแผนฟื้นฟูกิจการของ บริษัท การบินไทย จำกัด (มหาชน) และสรุปสาระสำคัญของแผนฟื้นฟูกิจการ
14460.       16-Jun-21 13:06     ศาลล้มละลายกลางมีคำสั่งเห็นชอบด้วยแผนฟื้นฟูกิจการของ บริษัท การบินไทย จำกัด (มหาชน) และสรุปสาระสำคัญของแผนฟื้นฟูกิจการ
 
 
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