22 September 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 8%.SA gained the major portion or by 38% of total outright trading value , following by Govt and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -3 to 8 bp.Govt clean price index ended higher by 19 bp and corp index (BBB up) closed higher by 4 bp.The most active issue was TB26325A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,677,622.55   -0.04  
 Number of issues 2,821  
 Total Trading Value 1,257,186.67   7.56  
   Outright/Cash Trading 63,171.45   21.71  
   Financing 1,194,015.21   6.92  
   Others 0.00   -100  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 811,575,143.74  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 115.88 0.19 116.62 0.2 372.90 0.63 1.74   9.57   186.02  
    Group 1 ( 1 < TTM <=3 ) 72.12 0.02 72.50 0.02 229.44 0.06 1.11   1.96   5.15  
    Group 2 ( 3 < TTM <= 7 ) 109.87 0.04 110.54 0.05 340.05 0.14 1.15   4.47   24.32  
    Group 3 ( 7 < TTM <= 10 ) 147.57 0.19 148.36 0.2 473.75 0.64 1.30   7.77   69.01  
    Group 4 ( 10 < TTM ) 203.41 0.59 204.84 0.6 666.58 1.96 1.88   15.70   361.97  
    Group 5 (<= 10) 91.60 0.04 92.14 0.05 287.68 0.15 1.19   3.91   23.72  
SOE (G) Bond Index 105.88 0.08 106.44 0.08 203.05 0.16 1.40   4.51   35.20  
SOE (NG) Bond Index 114.42 0.13 115.18 0.13 234.59 0.27 1.93   5.97   56.76  
Corporate Bond Index (BBB up) 109.05 0.04 109.72 0.05 233.50 0.11 2.42   2.97   16.50  
Corporate Bond Index (BBB+ up) 109.47 0.04 110.14 0.05 233.51 0.11 2.37   3.02   16.97  
 
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.  TB26325A TB 0.00000   25-Mar-26 0.50   1.269587   99.370929   12,213.68  
2.  CB25D11B SA 0.00000   11-Dec-25 0.22   1.298860   99.717632   4,557.10  
3.  CBF26119A SA 1.80976   19-Jan-26 0.33   1.544013   100.004767   2,988.41  
4.  ESGLB35DA GB 1.58500   17-Dec-35 10.24   1.305297   102.667164   2,406.36  
5.  LB456A GB 2.98000   17-Jun-45 19.75   1.906435   117.579423   2,360.63  
 
 
 
 Market News
< 2791 | 2792 | 2793 | 2794 | 2795 | 2796 | 2797 | 2798 | 2799 | 2800 |   >
Found 64473 headlines
No. Date/Time Headlines
41926.       30-Jul-14 09:00     Fitch Confirms CIMB Thai Bank's Short-term Programme at 'F1+(tha)' on Increased Programme Size
41927.       30-Jul-14 08:50     TRIS Rating Affirms Company & Senior Unsecured Debt Ratings and Outlook of “AP” at “A-/Stable”
41928.       29-Jul-14 15:09     TRIS Assigns “A-/Stable” Rating to Senior Unsecured Debt Worth Up to Bt5,000 Million of “THCOM”
41929.       29-Jul-14 13:26     BE  of  DA to be registered on July 29, 2014
41930.       29-Jul-14 13:26     BE  of  MIDA to be registered on July 29, 2014
41931.       29-Jul-14 13:26     BE  of  SF to be registered on July 29, 2014
41932.       29-Jul-14 13:26     BE  of  THANI to be registered on July 29, 2014
41933.       29-Jul-14 13:25     BE  of  CENTEL to be registered on July 29, 2014
41934.       29-Jul-14 10:00     BoT Bond Auction Results
41935.       28-Jul-14 17:01     CK207A is registered with ThaiBMA on July 30, 2014.
41936.       28-Jul-14 13:43     S-T debentures  of  CIMBT to be registered on July 28, 2014
41937.       28-Jul-14 13:43     S-T debentures  of  KK to be registered on July 28, 2014
41938.       28-Jul-14 13:42     BE  of  PS to be registered on July 28, 2014
41939.       28-Jul-14 13:42     BE  of  SIM to be registered on July 28, 2014
41940.       28-Jul-14 13:42     BE  of  WHA to be registered on July 28, 2014
 
 
Disclamer