10 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 2%.Govt gained the major portion or by 47% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 9 bp.Govt clean price index ended lower by -7 bp and corp index (BBB up) closed lower by -4 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,205,046.34   0.16  
 Number of issues 2,777  
 Total Trading Value 1,574,753.15   1.52  
   Outright/Cash Trading 70,133.74   -52.49  
   Financing 1,503,134.35   7.15  
   Others 1,485.06   124.36  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,338,211.40  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.66 -0.07 107.51 -0.06 348.42 -0.2 2.57   8.46   149.27  
    Group 1 ( 1 < TTM <=3 ) 71.62 -0.01 72.09 -0.01 230.66 -0.03 1.22   1.97   5.26  
    Group 2 ( 3 < TTM <= 7 ) 107.36 -0.02 108.15 -0.01 337.03 -0.03 1.54   4.19   21.43  
    Group 3 ( 7 < TTM <= 10 ) 139.73 -0.25 140.59 -0.25 454.68 -0.79 1.96   7.62   66.37  
    Group 4 ( 10 < TTM ) 173.88 -0.15 175.58 -0.14 579.46 -0.45 2.88   14.50   312.48  
    Group 5 (<= 10) 89.57 -0.04 90.16 -0.04 285.13 -0.12 1.65   3.78   23.07  
SOE (G) Bond Index 103.06 -0.07 103.65 -0.06 200.00 -0.12 1.95   4.55   34.57  
SOE (NG) Bond Index 109.83 -0.07 110.56 -0.06 228.61 -0.13 2.55   5.57   49.42  
Corporate Bond Index (BBB up) 108.06 -0.04 108.76 -0.03 235.70 -0.07 2.59   2.96   16.05  
Corporate Bond Index (BBB+ up) 108.45 -0.04 109.16 -0.03 235.57 -0.07 2.54   3.01   16.54  
 
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 0.93   1.042517   101.094006   5,113.19  
2.  LB313A GB 1.34000   17-Mar-31 4.94   1.552016   98.993451   3,866.09  
3.  CBF27215A SA 1.06006   15-Feb-27 0.85   1.010127   100.032869   3,387.30  
4.  LB365A GB 1.84000   17-May-36 10.11   2.010742   98.448812   2,874.21  
5.  LB26DA GB 2.12500   17-Dec-26 0.69   0.987237   100.759114   2,722.16  
 
 
 
 Market News
< 1151 | 1152 | 1153 | 1154 | 1155 | 1156 | 1157 | 1158 | 1159 | 1160 |   >
Found 65742 headlines
No. Date/Time Headlines
17266.       15-Nov-19 09:25     Bill of Exchange of LALIN to be registered on November 15, 2019
17267.       15-Nov-19 09:20     Explanation of the resolution of the debenture holders' meeting no.2/2019 (TLUXE205A)
17268.       14-Nov-19 17:07     State Own Enterprise Bond Auction Results: BMTA29DA
17269.       14-Nov-19 15:00     HMPRO22NA has been registered with ThaiBMA on November 14, 2019
17270.       14-Nov-19 14:29     DA235A has been registered with ThaiBMA on November 14, 2019
17271.       14-Nov-19 14:01     TRIS RATING ASSIGNS “A/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT1,500 MILLION OF “WHART
17272.       14-Nov-19 14:01     TRIS RATING ASSIGNS “A/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT1,500 MILLION OF “WHART
17273.       14-Nov-19 14:01     TRIS RATING ASSIGNS “A/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT1,500 MILLION OF “WHART
17274.       14-Nov-19 14:01     TRIS RATING ASSIGNS “A/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT1,500 MILLION OF “WHART
17275.       14-Nov-19 14:01     TRIS RATING ASSIGNS “A/STABLE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT1,500 MILLION OF “WHART
17276.       14-Nov-19 11:59     Bank of Thailand Bond Auction Results: BOT229A (update)
17277.       14-Nov-19 09:59     Bill of Exchange of BSL to be registered on November 14, 2019
17278.       14-Nov-19 08:31     MTC21NB, MTC232A and MTC23NA has been registered with ThaiBMA on November 14, 2019
17279.       13-Nov-19 15:46     THAI20NA, THAI21NA, THAI232B, THAI29NA and THAI34NA has been registered with ThaiBMA on November 13,
17280.       13-Nov-19 14:59     THAI20NA, THAI232B, THAI29NA and THAI34NA has been registered with ThaiBMA on November 13, 2019
 
 
Disclamer