22 December 2025
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 3%.Govt gained the major portion or by 50% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 7 bp.Govt clean price index ended unchanged by 0 bp while corp index (BBB up) closed higher by 1 bp.The most active issue was CB26106A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,874,185.63   0.1  
 Number of issues 2,775  
 Total Trading Value 1,203,113.25   -3.3  
   Outright/Cash Trading 47,560.35   8.9  
   Financing 1,155,130.08   -3.65  
   Others 422.83   -72.55  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 758,421,431.12  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.14 0.00 112.38 -0.06 363.30 0.04 2.05   9.21   173.91  
    Group 1 ( 1 < TTM <=3 ) 71.86 0.01 72.04 0.01 229.87 0.04 1.18   1.97   5.22  
    Group 2 ( 3 < TTM <= 7 ) 108.69 0.02 109.11 -0.25 338.60 0.08 1.32   4.35   22.94  
    Group 3 ( 7 < TTM <= 10 ) 143.57 0.07 143.79 0.08 463.82 0.25 1.64   7.92   71.36  
    Group 4 ( 10 < TTM ) 192.05 -0.03 192.27 -0.04 634.00 -0.06 2.26   15.66   358.88  
    Group 5 (<= 10) 90.63 0.02 90.89 -0.07 286.41 0.08 1.43   4.04   25.59  
SOE (G) Bond Index 104.52 0.01 105.01 0.00 201.53 0.03 1.66   4.39   34.07  
SOE (NG) Bond Index 112.15 0.01 112.89 0.02 231.52 0.03 2.22   5.85   53.67  
Corporate Bond Index (BBB up) 108.54 0.01 109.18 0.01 234.37 0.05 2.52   2.98   16.39  
Corporate Bond Index (BBB+ up) 108.94 0.01 109.59 0.01 234.32 0.05 2.47   3.04   16.92  
 
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.  CB26106A SA 0.00000   06-Jan-26 0.04   1.032302   99.959872   3,800.47  
2.  LB284A GB 2.05000   17-Apr-28 2.32   1.193941   101.949895   3,401.42  
3.  LB456A GB 2.98000   17-Jun-45 19.50   2.296406   110.691480   3,178.16  
4.  CB26319A SA 0.00000   19-Mar-26 0.24   1.035113   99.756905   2,464.00  
5.  SLB406A GB 2.70000   17-Jun-40 14.50   1.984788   108.965803   2,366.77  
 
 
 
 Market News
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Found 65261 headlines
No. Date/Time Headlines
36691.       09-Dec-15 14:23     BE  of  GLAND to be registered on December 09, 2015
36692.       09-Dec-15 14:22     BE  of  EA to be registered on December 09, 2015
36693.       09-Dec-15 14:22     BE  of  EARTH to be registered on December 09, 2015
36694.       09-Dec-15 14:19     BE  of  CHOW to be registered on December 09, 2015
36695.       09-Dec-15 14:08     BE  of  AEC to be registered on December 09, 2015
36696.       09-Dec-15 10:58     OISHI18DA is registered with ThaiBMA on December 9, 2015
36697.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36698.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36699.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36700.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36701.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36702.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36703.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36704.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
36705.       09-Dec-15 09:49     TRIS Rating Assigns “A+/Stable” Rating to Senior Unsecured Debt
Worth Up to Bt1,150 Million of  IVL
 
 
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