30 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 decreased by 34%.SA gained the major portion or by 46% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields increased by 0 to 12 bp.Govt clean price index ended lower by -28 bp and corp index (BBB up) closed lower by -8 bp.The most active issue was TB26N04A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,244,690.98   -0.01  
 Number of issues 2,764  
 Total Trading Value 1,451,017.62   -33.76  
   Outright/Cash Trading 70,420.55   -29.12  
   Financing 1,380,097.45   -33.93  
   Others 499.62   -79.17  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 654,488,628.46  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.09 -0.28 107.06 -0.27 347.07 -0.87 2.63   8.39   148.20  
    Group 1 ( 1 < TTM <=3 ) 71.54 -0.03 71.96 -0.02 230.69 -0.07 1.26   2.01   5.49  
    Group 2 ( 3 < TTM <= 7 ) 107.18 -0.07 108.13 -0.06 336.94 -0.18 1.58   4.24   21.80  
    Group 3 ( 7 < TTM <= 10 ) 138.38 -0.38 139.42 -0.37 450.90 -1.19 2.09   7.55   65.37  
    Group 4 ( 10 < TTM ) 172.41 -0.83 174.39 -0.82 575.58 -2.7 2.94   14.45   311.24  
    Group 5 (<= 10) 89.30 -0.08 89.96 -0.07 284.66 -0.23 1.72   3.71   22.47  
SOE (G) Bond Index 102.70 -0.15 103.29 -0.15 199.54 -0.29 2.03   4.49   33.89  
SOE (NG) Bond Index 109.22 -0.22 109.97 -0.22 227.71 -0.45 2.64   5.52   48.62  
Corporate Bond Index (BBB up) 107.86 -0.08 108.49 -0.07 235.70 -0.15 2.64   2.94   15.85  
Corporate Bond Index (BBB+ up) 108.24 -0.08 108.88 -0.07 235.56 -0.15 2.59   2.99   16.35  
 
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.  TB26N04A TB 0.00000   04-Nov-26 0.50   0.903429   99.551543   11,249.32  
2.  LB284A GB 2.05000   17-Apr-28 1.97   1.216486   101.598054   4,454.37  
3.  LB273A GB 2.25000   17-Mar-27 0.88   1.045026   101.029797   4,046.26  
4.  CBF26518A SA 1.24478   18-May-26 0.05   1.003301   99.999857   3,460.18  
5.  BOT27NA SA 1.33000   10-Nov-27 1.53   1.181787   100.221355   3,417.05  
 
 
 
 Market News
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Found 65812 headlines
No. Date/Time Headlines
30901.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30902.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30903.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30904.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30905.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30906.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30907.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30908.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30909.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30910.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30911.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30912.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30913.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30914.       14-Dec-16 16:11     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt4,100 Million of MPSC
30915.       14-Dec-16 15:28     NATION MULTIMEDIA GROUP PUBLIC COMPANY LIMITED  has been cancelled for registeration on 14 Dec 2016.
 
 
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