12 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 6%.Govt gained the major portion or by 55% of total outright trading value , following by SA and CP bonds,respectively.Govt bonds yields increased by 0 to 18 bp.Govt clean price index ended lower by -75 bp and corp index (BBB up) closed lower by -19 bp.The most active issue was LB456A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 17,672,550.21   0.35  
 Number of issues 2,834  
 Total Trading Value 1,206,171.75   6.31  
   Outright/Cash Trading 97,512.63   -8  
   Financing 1,108,204.28   7.78  
   Others 454.84   13.23  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 812,230,008.11  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 115.88 -0.75 116.67 -0.74 372.63 -2.37 1.74   9.61   187.86  
    Group 1 ( 1 < TTM <=3 ) 72.14 -0.04 72.68 -0.04 229.38 -0.12 1.11   1.98   5.26  
    Group 2 ( 3 < TTM <= 7 ) 109.64 -0.32 110.43 -0.32 339.08 -0.97 1.20   4.48   24.51  
    Group 3 ( 7 < TTM <= 10 ) 147.08 -1.26 148.11 -1.25 471.87 -3.97 1.35   7.78   69.24  
    Group 4 ( 10 < TTM ) 203.70 -2.11 204.99 -2.1 667.05 -6.82 1.88   15.80   366.42  
    Group 5 (<= 10) 91.48 -0.26 92.14 -0.26 287.10 -0.8 1.24   3.93   23.85  
SOE (G) Bond Index 105.78 -0.23 106.32 -0.23 202.74 -0.44 1.43   4.52   35.30  
SOE (NG) Bond Index 114.05 -0.6 114.83 -0.6 233.66 -1.2 1.99   5.97   56.85  
Corporate Bond Index (BBB up) 108.92 -0.19 109.65 -0.19 233.02 -0.39 2.47   2.97   16.52  
Corporate Bond Index (BBB+ up) 109.33 -0.2 110.07 -0.19 233.01 -0.4 2.42   3.02   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.  LB456A GB 2.98000   17-Jun-45 19.78   1.916795   117.410844   9,299.52  
2.  LB284A GB 2.05000   17-Apr-28 2.60   1.116446   102.369383   9,106.26  
3.  LB303A GB 1.66000   17-Mar-30 4.51   1.153015   102.218527   5,429.70  
4.  BOT26NA SA 2.08000   25-Nov-26 1.20   1.139186   101.101527   4,375.28  
5.  LB436A GB 3.45000   17-Jun-43 17.77   1.863444   123.881668   3,904.31  
 
 
 
 Market News
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Found 64343 headlines
No. Date/Time Headlines
46006.       01-Mar-13 16:34     BE of PL to be registered on March 1, 2013.
46007.       01-Mar-13 16:34     S-T debentures of TBANK will be registered on March 1, 2013
46008.       01-Mar-13 16:33     BE of KTC to be registered on March 1, 2013.
46009.       01-Mar-13 16:32     BE of RG to be registered on March 1, 2013
46010.       01-Mar-13 16:31     BE of DA to be registered on March 1, 2013
46011.       01-Mar-13 16:31     BE of TISCOG to be registered on March 1, 2013
46012.       01-Mar-13 16:30     BE of THANI to be registered on March 1, 2013
46013.       01-Mar-13 10:15     BoT Bonds Auction Result
46014.       01-Mar-13 10:00     SCB announces the fixed deposit rates.
46015.       01-Mar-13 09:48     NHA's Bond Auction Results
46016.       28-Feb-13 18:08     BE of AYCAL to be registered on February 28, 2013
46017.       28-Feb-13 16:27     BE of QH will be registered on February 28, 2013
46018.       28-Feb-13 16:25     BE of LH will be registered on March 1 and 5, 2013
46019.       28-Feb-13 16:25     BE of PTTC will be registered on February 28, 2013
46020.       28-Feb-13 16:25     STN of KGI will be registered on February 28, 2013
 
 
Disclamer