15 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 increased by 16%.Govt gained the major portion or by 43% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 8 bp.Govt clean price index ended lower by -10 bp while corp index (BBB up) closed unchanged by 0 bp.The most active issue was CB26122A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,870,272.30   -0.01  
 Number of issues 2,790  
 Total Trading Value 1,362,431.91   16.22  
   Outright/Cash Trading 53,691.04   -13.83  
   Financing 1,306,507.94   17.84  
   Others 2,232.94   85.69  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 757,178,801.15  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 111.87 -0.1 113.08 -0.09 362.25 -0.28 2.08   9.13   172.17  
    Group 1 ( 1 < TTM <=3 ) 71.81 0.00 72.33 0.00 229.61 0.00 1.22   1.74   4.19  
    Group 2 ( 3 < TTM <= 7 ) 108.49 -0.04 109.60 -0.03 337.80 -0.09 1.37   4.20   21.74  
    Group 3 ( 7 < TTM <= 10 ) 143.11 -0.1 144.66 -0.09 462.16 -0.3 1.67   7.57   65.95  
    Group 4 ( 10 < TTM ) 191.42 -0.28 193.79 -0.27 631.60 -0.88 2.26   15.18   342.36  
    Group 5 (<= 10) 90.48 -0.03 91.35 -0.02 285.81 -0.07 1.45   3.82   22.80  
SOE (G) Bond Index 104.38 0.00 104.89 -0.01 201.17 0.02 1.70   4.40   34.20  
SOE (NG) Bond Index 111.99 0.01 112.70 0.02 231.07 0.04 2.25   5.87   53.89  
Corporate Bond Index (BBB up) 108.41 0.00 109.05 -0.02 233.95 0.03 2.56   2.99   16.42  
Corporate Bond Index (BBB+ up) 108.81 0.00 109.46 -0.02 233.90 0.03 2.51   3.04   16.95  
 
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.  CB26122A SA 0.00000   22-Jan-26 0.10   1.096572   99.889821   5,274.18  
2.  TB26617A TB 0.00000   17-Jun-26 0.50   1.151337   99.429186   4,963.50  
3.  LB27NA GB 2.40000   17-Nov-27 1.92   1.205328   102.261264   4,021.61  
4.  CB26106A SA 0.00000   06-Jan-26 0.06   1.095876   99.938391   3,043.12  
5.  LB294A GB 1.19000   17-Apr-29 3.34   1.284649   99.693455   2,184.63  
 
 
 
 Market News
< 2751 | 2752 | 2753 | 2754 | 2755 | 2756 | 2757 | 2758 | 2759 | 2760 |   >
Found 65174 headlines
No. Date/Time Headlines
41251.       17-Dec-14 10:39     BE of TISCOG to be registered on December 17, 2014
41252.       17-Dec-14 10:39     BE of CK to be registered on December 17, 2014
41253.       17-Dec-14 09:04     SCB announces the fixed deposit rates.
41254.       16-Dec-14 13:16     BE  of  AP to be registered on December 16, 2014
41255.       16-Dec-14 13:16     BE  of  BRR to be registered on December 16, 2014
41256.       16-Dec-14 13:16     BE  of  THANI to be registered on December 16, 2014
41257.       16-Dec-14 12:51     TRIS Assigns “A-/Stable” Ratings to Senior Unsecured Debt Worth Up to Bt400 Million & Bt300 Million.
41258.       16-Dec-14 12:45     TRIS Affirms Company Rating of “NOBLE” at “BBB” and Senior Unsecured Debt Ratings at "BBB-","Stable"
41259.       16-Dec-14 12:43     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings of “THAI” at “A+” and Assigns “A+” Ratin
41260.       16-Dec-14 12:37     TRIS Rating Affirms Company Rating and Outlook of “KCAR” at “BBB+/Stable”
41261.       16-Dec-14 10:14     BoT Bond Auction Results
41262.       16-Dec-14 09:11     SCB announces the fixed deposit rates.
41263.       15-Dec-14 15:25     PTTC21NA is registered with ThaiBMA on December 15, 2014
41264.       15-Dec-14 13:34     BE  of  UV to be registered on December 15, 2014
41265.       15-Dec-14 13:34     S-T debentures  of  CIMBT to be registered on December 15, 2014
 
 
Disclamer