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
< 1361 | 1362 | 1363 | 1364 | 1365 | 1366 | 1367 | 1368 | 1369 | 1370 |   >
Found 66043 headlines
No. Date/Time Headlines
20431.       27-Mar-19 16:46     Fitch Affirms DAD SPV's Bonds at 'AAAsf(tha)'; Outlook Stable
20432.       27-Mar-19 16:46     Fitch Affirms DAD SPV's Bonds at 'AAAsf(tha)'; Outlook Stable
20433.       27-Mar-19 16:46     Fitch Affirms DAD SPV's Bonds at 'AAAsf(tha)'; Outlook Stable
20434.       27-Mar-19 16:46     Fitch Affirms DAD SPV's Bonds at 'AAAsf(tha)'; Outlook Stable
20435.       27-Mar-19 12:30     DB of ASK to be registered on March 27, 2019
20436.       27-Mar-19 11:51     DB of KK to be registered on March 27, 2019
20437.       27-Mar-19 10:30     BE  of GUNKUL to be registered on March 27, 2019
20438.       27-Mar-19 09:27     BE  of TSE to be registered on March 27, 2019
20439.       27-Mar-19 09:24     BE  of ORI to be registered on March 27, 2019
20440.       27-Mar-19 08:49     PL243A has been registered with ThaiBMA on March 27, 2019
20441.       27-Mar-19 08:46     SPW293A has been registered with ThaiBMA on March 27, 2019
20442.       26-Mar-19 14:45     BE  of SIRI to be registered on March 26, 2019
20443.       26-Mar-19 14:30     DB of KK to be registered on March 26, 2019
20444.       26-Mar-19 14:30     DB of KK to be registered on March 26, 2019
20445.       26-Mar-19 14:30     DB of KK to be registered on March 26, 2019
 
 
Disclamer