17 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
Total trading value increased by 27%.Govt gained the major portion or by 56% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 6 bp.Govt clean price index ended higher by 19 bp and corp index (BBB up) closed higher by 8 bp.The most active issue was LB26DA.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,855,550.63   -0.07  
 Number of issues 2,783  
 Total Trading Value 1,978,173.97   26.7  
   Outright/Cash Trading 48,672.28   -61.05  
   Financing 1,926,795.92   34.27  
   Others 2,705.78   91.79  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 759,679,226.40  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 112.13 0.19 112.44 -0.72 363.14 0.64 2.06   9.22   174.25  
    Group 1 ( 1 < TTM <=3 ) 71.82 0.00 72.00 -0.34 229.67 0.02 1.21   1.86   4.62  
    Group 2 ( 3 < TTM <= 7 ) 108.61 0.04 109.38 -0.32 338.23 0.15 1.34   4.21   21.78  
    Group 3 ( 7 < TTM <= 10 ) 143.49 0.15 143.71 -1.19 463.41 0.49 1.64   7.64   66.54  
    Group 4 ( 10 < TTM ) 192.14 0.63 192.30 -1.6 634.06 2.08 2.24   15.38   347.31  
    Group 5 (<= 10) 90.58 0.03 90.98 -0.44 286.15 0.12 1.42   3.84   22.91  
SOE (G) Bond Index 104.51 0.1 105.01 0.08 201.46 0.2 1.67   4.40   34.21  
SOE (NG) Bond Index 112.17 0.13 112.89 0.14 231.46 0.29 2.22   5.87   53.89  
Corporate Bond Index (BBB up) 108.52 0.08 109.14 0.06 234.21 0.19 2.53   2.99   16.47  
Corporate Bond Index (BBB+ up) 108.92 0.08 109.55 0.06 234.17 0.19 2.48   3.05   17.00  
 
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.  LB26DA GB 2.12500   17-Dec-26 1.00   1.159936   100.954303   2,953.18  
2.  LB293A GB 2.40000   17-Mar-29 3.25   1.246114   103.663129   2,949.93  
3.  LB353A GB 2.41000   17-Mar-35 9.25   1.654290   106.460332   2,928.79  
4.  LB294A GB 1.19000   17-Apr-29 3.33   1.253447   99.795167   2,619.01  
5.  CB26205A SA 0.00000   05-Feb-26 0.14   1.070210   99.859432   2,372.66  
 
 
 
 Market News
< 2631 | 2632 | 2633 | 2634 | 2635 | 2636 | 2637 | 2638 | 2639 | 2640 |   >
Found 65258 headlines
No. Date/Time Headlines
39466.       23-Jun-15 16:49     BE  of  GUNKUL to be registered on June 23, 2015
39467.       23-Jun-15 16:49     BE  of  KTC to be registered on June 23, 2015
39468.       23-Jun-15 16:48     BE  of  EARTH to be registered on June 23, 2015
39469.       23-Jun-15 13:26     TBEV16DA is registered with ThaiBMA on June 23, 2015
39470.       23-Jun-15 10:09     BoT Bond Auction Results
39471.       23-Jun-15 10:09     BoT Bond Auction Results
39472.       23-Jun-15 08:52     CHOW16DA and DA176A are registered with ThaiBMA on June 25,2015
39473.       23-Jun-15 08:52     CHOW16DA and DA176A are registered with ThaiBMA on June 25,2015
39474.       22-Jun-15 16:40     S-T debentures  of  TBANK to be registered on June 22, 2015
39475.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
39476.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
39477.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
39478.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
39479.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
39480.       22-Jun-15 16:31     Bangkok Expressway Public Company Limited.,have been Special fee 0.25% per Outstanding par
 
 
Disclamer