23 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 7%.SA gained the major portion or by 61% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 9 bp.Govt clean price index ended lower by -21 bp and corp index (BBB up) closed lower by -7 bp.The most active issue was CBF27426A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,209,038.39   0.02  
 Number of issues 2,767  
 Total Trading Value 1,456,730.57   7.01  
   Outright/Cash Trading 104,821.56   13.99  
   Financing 1,344,777.09   6.13  
   Others 7,131.92   224.65  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 655,268,409.38  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.39 -0.21 107.31 -0.21 347.87 -0.67 2.61   8.45   149.90  
    Group 1 ( 1 < TTM <=3 ) 71.56 -0.02 71.96 -0.02 230.67 -0.06 1.25   2.02   5.51  
    Group 2 ( 3 < TTM <= 7 ) 107.13 -0.14 108.03 -0.14 336.62 -0.43 1.60   4.25   21.96  
    Group 3 ( 7 < TTM <= 10 ) 138.93 -0.33 139.92 -0.32 452.49 -1.03 2.04   7.57   65.71  
    Group 4 ( 10 < TTM ) 173.35 -0.56 175.24 -0.55 578.36 -1.81 2.91   14.51   313.76  
    Group 5 (<= 10) 89.37 -0.09 89.99 -0.09 284.75 -0.28 1.70   3.74   22.73  
SOE (G) Bond Index 102.76 -0.14 103.35 -0.13 199.57 -0.25 2.01   4.51   34.10  
SOE (NG) Bond Index 109.42 -0.19 110.21 -0.19 227.99 -0.38 2.61   5.54   48.92  
Corporate Bond Index (BBB up) 107.91 -0.07 108.55 -0.1 235.64 -0.13 2.63   2.94   15.88  
Corporate Bond Index (BBB+ up) 108.29 -0.07 108.94 -0.1 235.50 -0.14 2.58   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.  CBF27426A SA 1.05038   26-Apr-27 1.00   1.007044   100.043740   24,366.65  
2.  CBF26511A SA 1.48876   11-May-26 0.05   1.000799   100.006829   5,991.07  
3.  LB29DA GB 1.60000   17-Dec-29 3.65   1.460098   100.495796   4,302.54  
4.  LB556A GB 4.00000   17-Jun-55 29.17   3.111582   116.945659   3,751.69  
5.  CBF26518A SA 1.24507   18-May-26 0.07   0.982100   100.003969   3,342.76  
 
 
 
 Market News
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Found 65791 headlines
No. Date/Time Headlines
24571.       09-Apr-18 14:03     TRIS Rating Upgrades Company Rating of “EA” to “A-” from “BBB+” and Affirms Partially Guaranteed Deb
24572.       09-Apr-18 13:21     DB of  KK to be registered on April 09, 2018
24573.       09-Apr-18 13:19     DB of  CIMBT to be registered on April 09, 2018
24574.       09-Apr-18 13:18     BE  of  MALEE to be registered on April 09, 2018
24575.       09-Apr-18 13:17     BE  of  KTC to be registered on April 09, 2018
24576.       09-Apr-18 13:17     BE  of  KTC to be registered on April 09, 2018
24577.       09-Apr-18 13:16     BE  of  EASY BUY to be registered on April 09, 2018
24578.       09-Apr-18 12:52     TRIS Rating Assigns Company Rating of “BGRIM” at “A” with “Stable” Outlook
24579.       09-Apr-18 11:50     TISCO204A is registered with ThaiBMA on April 9, 2018
24580.       09-Apr-18 11:27     Treasury Bill Auction Results
24581.       05-Apr-18 14:44     FP19OA is registered with ThaiBMA on April 5, 2018
24582.       05-Apr-18 14:02     BEM214A, BEM234A, BEM254A are registered with ThaiBMA on April 5, 2018
24583.       05-Apr-18 14:02     BEM214A, BEM234A, BEM254A are registered with ThaiBMA on April 5, 2018
24584.       05-Apr-18 14:02     BEM214A, BEM234A, BEM254A are registered with ThaiBMA on April 5, 2018
24585.       05-Apr-18 13:06     BE  of  ITD to be registered on April 05, 2018
 
 
Disclamer