30 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 increased by 15%.SA gained the major portion or by 59% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 6 bp.Govt clean price index ended lower by -9 bp and corp index (BBB up) closed lower by -2 bp.The most active issue was CB26O01A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,222,413.99   0.02  
 Number of issues 2,753  
 Total Trading Value 1,495,745.38   14.88  
   Outright/Cash Trading 161,834.17   138.73  
   Financing 1,328,769.35   7.95  
   Others 5,141.87   52.71  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 666,517,968.09  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.50 -0.09 106.70 -0.08 350.03 -0.26 2.58   8.51   148.54  
    Group 1 ( 1 < TTM <=3 ) 71.54 -0.01 71.76 0.00 231.57 -0.02 1.21   2.16   6.12  
    Group 2 ( 3 < TTM <= 7 ) 107.20 -0.04 107.39 -0.03 338.46 -0.09 1.61   4.60   25.51  
    Group 3 ( 7 < TTM <= 10 ) 140.04 -0.2 140.36 -0.19 458.09 -0.63 2.00   8.13   74.95  
    Group 4 ( 10 < TTM ) 173.42 -0.23 173.63 -0.22 582.11 -0.73 2.93   14.86   322.87  
    Group 5 (<= 10) 89.54 -0.04 89.76 -0.04 286.59 -0.11 1.68   4.05   26.26  
SOE (G) Bond Index 103.39 -0.02 103.85 -0.02 201.58 -0.03 1.86   4.45   33.08  
SOE (NG) Bond Index 109.97 -0.04 110.60 -0.03 230.34 -0.07 2.52   5.49   48.00  
Corporate Bond Index (BBB up) 108.08 -0.02 108.77 -0.02 237.51 -0.01 2.55   3.02   16.50  
Corporate Bond Index (BBB+ up) 108.46 -0.02 109.16 -0.02 237.35 -0.02 2.51   3.07   17.01  
 
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.  CB26O01A SA 0.00000   01-Oct-26 0.25   0.823819   99.795152   64,289.03  
2.  TB26D30A TB 0.00000   30-Dec-26 0.50   0.856092   99.574941   8,489.76  
3.  CBF26720A SA 1.33482   20-Jul-26 0.05   0.930285   100.005519   7,092.12  
4.  SLB406A GB 2.70000   17-Jun-40 13.98   2.480423   102.573252   5,047.55  
5.  LB294A GB 1.19000   17-Apr-29 2.80   1.272282   99.772839   5,006.94  
 
 
 
 Market News
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Found 66054 headlines
No. Date/Time Headlines
26431.       23-Nov-17 10:38     BE  of  TSFC to be registered on November 23, 2017
26432.       23-Nov-17 10:37     BE  of  MK to be registered on November 23, 2017
26433.       23-Nov-17 10:37     BE  of  ORI to be registered on November 23, 2017
26434.       23-Nov-17 10:37     BE  of  SG to be registered on November 23, 2017
26435.       23-Nov-17 10:36     BE  of  JMART to be registered on November 23, 2017
26436.       23-Nov-17 10:36     BE  of  LHBANK to be registered on November 23, 2017
26437.       23-Nov-17 10:33     BoT Bonds Auction Results
26438.       22-Nov-17 13:17     BE  of  WHA to be registered on November 22, 2017
26439.       22-Nov-17 13:17     BE  of  WHA to be registered on November 22, 2017
26440.       22-Nov-17 13:16     BE  of  MBKET to be registered on November 22, 2017
26441.       22-Nov-17 13:16     BE  of  ORI to be registered on November 22, 2017
26442.       22-Nov-17 13:16     BE  of  SENA to be registered on November 22, 2017
26443.       22-Nov-17 13:15     Fitch Rates AEON Thana Sinsap's THB Notes at 'A-(tha)'
26444.       22-Nov-17 13:14     Fitch Affirms Makro's Rating at 'A(tha)'; Outlook Stable
26445.       22-Nov-17 13:10     BE  of  KTC to be registered on November 22, 2017
 
 
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