16 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 15%.SA gained the major portion or by 65% of total outright trading value , following by Govt and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -2 to 8 bp.Govt clean price index ended higher by 7 bp and corp index (BBB up) closed higher by 2 bp.The most active issue was CB26319A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,868,425.05   -0.01  
 Number of issues 2,787  
 Total Trading Value 1,561,358.76   14.6  
   Outright/Cash Trading 124,945.43   132.71  
   Financing 1,435,002.52   9.83  
   Others 1,410.81   -36.82  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 757,330,367.57  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 111.93 0.07 113.16 0.08 362.50 0.24 2.07   9.13   172.25  
    Group 1 ( 1 < TTM <=3 ) 71.82 0.01 72.34 0.02 229.66 0.05 1.21   1.73   4.18  
    Group 2 ( 3 < TTM <= 7 ) 108.57 0.08 109.69 0.09 338.08 0.28 1.35   4.20   21.73  
    Group 3 ( 7 < TTM <= 10 ) 143.34 0.23 144.90 0.24 462.93 0.76 1.65   7.57   65.95  
    Group 4 ( 10 < TTM ) 191.52 0.1 193.90 0.12 631.98 0.38 2.26   15.18   342.54  
    Group 5 (<= 10) 90.54 0.06 91.41 0.07 286.03 0.21 1.43   3.82   22.80  
SOE (G) Bond Index 104.42 0.04 104.93 0.04 201.26 0.09 1.69   4.40   34.19  
SOE (NG) Bond Index 112.04 0.04 112.75 0.05 231.18 0.11 2.24   5.86   53.87  
Corporate Bond Index (BBB up) 108.44 0.02 109.08 0.03 234.02 0.07 2.56   2.99   16.45  
Corporate Bond Index (BBB+ up) 108.84 0.02 109.49 0.03 233.97 0.07 2.50   3.05   16.98  
 
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.  CB26319A SA 0.00000   19-Mar-26 0.25   1.105560   99.725127   58,756.05  
2.  CB26507A SA 0.00000   07-May-26 0.39   1.115804   99.572844   4,255.74  
3.  CBF26126A SA 1.58161   26-Jan-26 0.11   1.493137   100.006599   3,421.24  
4.  ESGLB376A GB 3.39000   17-Jun-37 11.51   1.801235   116.436642   3,108.29  
5.  LB303A GB 1.66000   17-Mar-30 4.25   1.301824   101.480406   3,101.78  
 
 
 
 Market News
< 2761 | 2762 | 2763 | 2764 | 2765 | 2766 | 2767 | 2768 | 2769 | 2770 |   >
Found 65192 headlines
No. Date/Time Headlines
41416.       28-Nov-14 13:48     KTC17DA is registered with ThaiBMA on November 28, 2014
41417.       28-Nov-14 11:37     Reset Date: BECL155A
41418.       28-Nov-14 11:37     Reset  Date: BECL173A
41419.       28-Nov-14 10:29     Bond Switching result
41420.       28-Nov-14 10:05     BoT Bond Auction Results
41421.       28-Nov-14 08:54     SCB announces the fixed deposit rates.
41422.       27-Nov-14 14:09     S-T debentures  of  BAY to be registered on November 27, 2014
41423.       27-Nov-14 14:09     S-T debentures  of  CIMBT to be registered on November 27, 2014
41424.       27-Nov-14 14:09     S-T debentures  of  TISCO to be registered on November 27, 2014
41425.       27-Nov-14 14:09     S-T debentures  of  TLT to be registered on November 27, 2014
41426.       27-Nov-14 14:08     BE  of  SGP to be registered on November 27, 2014
41427.       27-Nov-14 14:08     BE  of  THANI to be registered on November 27, 2014
41428.       27-Nov-14 14:08     BE  of  TICON to be registered on November 27, 2014
41429.       27-Nov-14 14:08     BE  of  TISCOG to be registered on November 27, 2014
41430.       27-Nov-14 14:08     BE  of  TK to be registered on November 27, 2014
 
 
Disclamer