26 June 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 10%.SA gained the major portion or by 52% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 6 bp.Govt clean price index ended higher by 11 bp while corp index (BBB up) closed unchanged by 0 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,208,190.88   0.14  
 Number of issues 2,758  
 Total Trading Value 1,289,243.12   -9.7  
   Outright/Cash Trading 78,182.88   -33.3  
   Financing 1,210,731.93   -7.59  
   Others 328.30   -2.93  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 667,911,167.21  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.68 0.11 106.88 0.12 350.51 0.39 2.57   8.53   149.27  
    Group 1 ( 1 < TTM <=3 ) 71.56 0.00 71.76 0.01 231.58 0.02 1.20   2.17   6.17  
    Group 2 ( 3 < TTM <= 7 ) 107.30 0.07 107.46 0.08 338.67 0.25 1.59   4.61   25.63  
    Group 3 ( 7 < TTM <= 10 ) 140.23 0.19 140.51 0.2 458.57 0.65 1.98   8.15   75.15  
    Group 4 ( 10 < TTM ) 173.95 0.31 174.24 0.33 583.67 1.1 2.91   14.89   323.94  
    Group 5 (<= 10) 89.61 0.05 89.80 0.05 286.71 0.17 1.67   4.06   26.37  
SOE (G) Bond Index 103.46 0.04 103.91 0.04 201.68 0.08 1.85   4.47   33.21  
SOE (NG) Bond Index 110.05 0.05 110.76 0.04 230.43 0.13 2.51   5.51   48.40  
Corporate Bond Index (BBB up) 108.12 0.00 108.80 0.01 237.51 0.03 2.55   3.03   16.57  
Corporate Bond Index (BBB+ up) 108.50 0.00 109.19 0.01 237.35 0.03 2.50   3.08   17.08  
 
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 0.72   0.970586   100.902086   8,070.02  
2.  CB26723A SA 0.00000   23-Jul-26 0.07   0.841140   99.941301   7,440.63  
3.  CBF26720A SA 1.33509   20-Jul-26 0.07   0.935061   100.006489   5,561.13  
4.  CB26716A SA 0.00000   16-Jul-26 0.05   0.850386   99.955577   3,451.47  
5.  LB26DA GB 2.12500   17-Dec-26 0.48   0.907194   100.562074   2,948.66  
 
 
 
 Market News
< 1221 | 1222 | 1223 | 1224 | 1225 | 1226 | 1227 | 1228 | 1229 | 1230 |   >
Found 66043 headlines
No. Date/Time Headlines
18361.       05-Sep-19 13:30     BJC239B BJC249A BJC259A BJC279A BJC299A has been registered with ThaiBMA on September 5, 2019
18362.       05-Sep-19 13:30     BJC239B BJC249A BJC259A BJC279A BJC299A has been registered with ThaiBMA on September 5, 2019
18363.       05-Sep-19 13:30     BJC239B BJC249A BJC259A BJC279A BJC299A has been registered with ThaiBMA on September 5, 2019
18364.       05-Sep-19 13:30     BJC239B BJC249A BJC259A BJC279A BJC299A has been registered with ThaiBMA on September 5, 2019
18365.       05-Sep-19 13:30     BJC239B BJC249A BJC259A BJC279A BJC299A has been registered with ThaiBMA on September 5, 2019
18366.       05-Sep-19 12:10     BOT Bond Auction Results: BOT218A
18367.       05-Sep-19 11:15     YUANTA informs to partially redeem YUANTA19930A on September 05, 2019.
18368.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
18369.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
18370.       05-Sep-19 09:54     PTTGC249A PTTGC269A PTTGC299A has been registered with ThaiBMA on September 5, 2019
18371.       05-Sep-19 09:00     BE  of SC to be registered on September 05, 2019
18372.       05-Sep-19 08:59     BE  of MTC to be registered on September 05, 2019
18373.       05-Sep-19 08:30     SEDU229A has been registered with ThaiBMA on September 5, 2019
18374.       04-Sep-19 19:30     Fitch Upgrades Standard Chartered Bank (Thai)'s Short-Term Ratings to 'F1'; Outlook Stable
18375.       04-Sep-19 15:41     TRIS RATING AFFIRMS COMPANY & SENIOR UNSECURED DEBT RATINGS ON “TU” AT “A+”, WITH “STABLE” OUTLOOK
 
 
Disclamer