14 May 2026
Service Manager :  Sineerat (0-2257-0357 # 301)
  Home > ASEAN Bond Market  
 
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 16%.SA gained the major portion or by 71% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 7 bp.Govt clean price index ended lower by -3 bp while corp index (BBB up) closed higher by 1 bp.The most active issue was CBF26N16B.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,265,249.47   -0.05  
 Number of issues 2,760  
 Total Trading Value 1,358,565.02   -15.59  
   Outright/Cash Trading 106,484.44   -3.7  
   Financing 1,250,855.11   -16.48  
   Others 1,225.47   1.06  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 653,802,712.34  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.00 -0.03 107.08 -0.02 347.16 -0.07 2.64   8.34   146.70  
    Group 1 ( 1 < TTM <=3 ) 71.53 0.00 72.02 0.01 230.87 0.03 1.24   1.98   5.32  
    Group 2 ( 3 < TTM <= 7 ) 107.16 0.01 108.22 0.01 337.21 0.05 1.58   4.20   21.46  
    Group 3 ( 7 < TTM <= 10 ) 138.47 0.01 139.64 0.02 451.61 0.05 2.08   7.51   64.79  
    Group 4 ( 10 < TTM ) 172.09 -0.12 174.28 -0.11 575.23 -0.36 2.95   14.34   307.10  
    Group 5 (<= 10) 89.30 0.00 90.04 0.01 284.92 0.03 1.71   3.68   22.18  
SOE (G) Bond Index 102.93 0.16 103.51 0.14 200.14 0.33 1.98   4.48   33.79  
SOE (NG) Bond Index 109.30 0.03 110.12 0.03 228.11 0.08 2.63   5.48   48.23  
Corporate Bond Index (BBB up) 107.94 0.01 108.56 0.02 236.18 0.05 2.61   2.96   15.95  
Corporate Bond Index (BBB+ up) 108.32 0.01 108.96 0.02 236.04 0.05 2.55   3.01   16.45  
 
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.  CBF26N16B SA 1.04469   16-Nov-26 0.50   0.951278   100.048224   33,656.22  
2.  CBF26615A SA 1.40800   15-Jun-26 0.09   0.960348   100.006744   6,132.49  
3.  CBF26602A SA 1.20604   02-Jun-26 0.05   0.960858   100.004097   5,064.41  
4.  CBF26O12A SA 1.19644   12-Oct-26 0.41   0.960723   100.035402   4,361.71  
5.  LB276A GB 1.00000   17-Jun-27 1.09   1.088158   99.906533   2,671.09  
 
 
 
 Market News
< 4301 | 4302 | 4303 | 4304 | 4305 | 4306 | 4307 | 4308 | 4309 | 4310 |   >
Found 65846 headlines
No. Date/Time Headlines
64606.       27-Oct-04 18:12     Treasury Bills Auction Schedule
64607.       27-Oct-04 11:54     Loan Bond Auction Result
64608.       26-Oct-04 11:18     BoT Bond Auction Result
64609.       22-Oct-04 16:25     BMTA Auction Schedule in October
64610.       22-Oct-04 10:57     Treasury Bill Auction Result
64611.       21-Oct-04 16:38     NHA SPV affirmed the issued rating by FITCH
64612.       21-Oct-04 16:17     THAI09OA, THAI11OA and THAI14OA to be registered on 22 Oct,2004
64613.       21-Oct-04 13:46     BMTA Auction Result
64614.       21-Oct-04 11:22     Centel assigned the company rating by TRIS
64615.       20-Oct-04 15:55     BoT is likely to raise the 14-day repurchase rate by 0.25 percent
64616.       20-Oct-04 11:54     Loan Bond Auction Result
64617.       20-Oct-04 09:00     Advance Agro assigned the company rating by TRIS
64618.       19-Oct-04 17:01     PL08OA to be registered on 22 Oct. 2004
64619.       19-Oct-04 14:35     Bualuang Securities transformed to Public Company Limited
64620.       19-Oct-04 11:54     BoT Bond Auction Result
 
 
Disclamer