29 December 2025
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
SA gained the major portion or by 47% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 5 bp.Govt clean price index ended unchanged by 0 bp while corp index (BBB up) closed higher by 3 bp.The most active issue was CB26326A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,885,198.86   0.01  
 Number of issues 2,764  
 Total Trading Value 1,314,905.12   -0.23  
   Outright/Cash Trading 31,960.76   -28.31  
   Financing 1,281,999.22   0.74  
   Others 945.14   11.76  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 759,955,837.38  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.10 0.00 112.30 -0.02 363.36 0.04 2.06   9.19   173.27  
    Group 1 ( 1 < TTM <=3 ) 71.89 0.00 72.09 0.00 230.05 0.00 1.15   1.95   5.13  
    Group 2 ( 3 < TTM <= 7 ) 108.82 0.02 109.05 0.03 339.17 0.1 1.29   4.34   22.83  
    Group 3 ( 7 < TTM <= 10 ) 144.08 0.18 144.37 0.18 465.68 0.6 1.59   7.90   71.07  
    Group 4 ( 10 < TTM ) 191.58 -0.06 191.77 -0.19 632.82 -0.15 2.27   15.62   357.09  
    Group 5 (<= 10) 90.75 0.03 90.97 0.04 286.91 0.11 1.39   4.03   25.48  
SOE (G) Bond Index 104.64 0.04 105.13 0.03 201.83 0.09 1.64   4.37   33.94  
SOE (NG) Bond Index 112.34 0.06 112.96 -0.01 232.03 0.15 2.19   5.84   53.55  
Corporate Bond Index (BBB up) 108.61 0.03 109.30 0.04 234.68 0.08 2.49   2.97   16.32  
Corporate Bond Index (BBB+ up) 109.02 0.03 109.72 0.04 234.63 0.08 2.44   3.03   16.85  
 
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.  CB26326A SA 0.00000   26-Mar-26 0.24   1.016750   99.759410   3,229.21  
2.  CPF26925A CP 0.00000   25-Sep-26 0.74   1.520000   98.888118   1,977.76  
3.  CB26618A SA 0.00000   18-Jun-26 0.47   1.054552   99.511239   1,801.15  
4.  CB26108B SA 0.00000   08-Jan-26 0.03   1.014118   99.984143   1,655.74  
5.  LB303A GB 1.66000   17-Mar-30 4.22   1.259125   101.639049   1,343.13  
 
 
 
 Market News
< 1461 | 1462 | 1463 | 1464 | 1465 | 1466 | 1467 | 1468 | 1469 | 1470 |   >
Found 65321 headlines
No. Date/Time Headlines
21991.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
21992.       10-Sep-18 17:19     Fitch Upgrades Thailand's TMB, TBANK, TCAP and UOBT; Affirms Other Mid- and Small-Sized Banks
21993.       10-Sep-18 14:54     DB of ASK to be registered on September 10, 2018
21994.       10-Sep-18 14:53     BE  of TISCOG to be registered on September 10, 2018
21995.       10-Sep-18 14:52     BE  of MPSC to be registered on September 10, 2018
21996.       10-Sep-18 14:51     BE  of KTC to be registered on September 10, 2018
21997.       10-Sep-18 14:48     BE  of EASY BUY to be registered on September 10, 2018
21998.       10-Sep-18 14:48     BE  of EASY BUY to be registered on September 10, 2018
21999.       10-Sep-18 14:48     BE  of EASY BUY to be registered on September 10, 2018
22000.       10-Sep-18 10:51     Treasury Bill Auction Results: TB19911A
22001.       07-Sep-18 17:27     DB of ASK to be registered on September 07, 2018
22002.       07-Sep-18 17:26     BE  of THANI to be registered on September 07, 2018
22003.       07-Sep-18 17:26     BE  of THANI to be registered on September 07, 2018
22004.       07-Sep-18 17:25     BE  of PL to be registered on September 07, 2018
22005.       07-Sep-18 17:24     BE  of MTC to be registered on September 07, 2018
 
 
Disclamer