3 April 2026
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 decreased by 12%.Govt gained the major portion or by 37% of total outright trading value , following by SA and T-Bill bonds,respectively.Govt bonds yields fluctuated within a range of -6 to 1 bp.Govt clean price index ended higher by 29 bp and corp index (BBB up) closed higher by 11 bp.The most active issue was TB26O07A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,151,821.77   0.24  
 Number of issues 2,774  
 Total Trading Value 1,276,506.98   -12.28  
   Outright/Cash Trading 90,119.81   -20.59  
   Financing 1,186,136.71   -11.55  
   Others 250.47   -64.43  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 672,165,325.25  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 105.75 0.29 106.55 0.3 345.27 0.96 2.67   8.40   147.41  
    Group 1 ( 1 < TTM <=3 ) 71.57 0.05 72.01 0.05 230.41 0.17 1.27   1.99   5.34  
    Group 2 ( 3 < TTM <= 7 ) 106.97 0.17 107.71 0.17 335.65 0.54 1.64   4.21   21.56  
    Group 3 ( 7 < TTM <= 10 ) 138.67 0.38 139.47 0.39 451.04 1.27 2.06   7.63   66.57  
    Group 4 ( 10 < TTM ) 171.16 0.77 172.75 0.79 570.14 2.6 2.99   14.44   310.20  
    Group 5 (<= 10) 89.29 0.12 89.84 0.13 284.11 0.4 1.74   3.79   23.13  
SOE (G) Bond Index 102.69 0.18 103.26 0.17 199.21 0.36 2.03   4.53   34.35  
SOE (NG) Bond Index 109.19 0.26 109.87 0.24 227.17 0.55 2.66   5.56   49.29  
Corporate Bond Index (BBB up) 107.83 0.11 108.53 0.11 235.04 0.25 2.67   2.95   15.99  
Corporate Bond Index (BBB+ up) 108.21 0.11 108.92 0.12 234.91 0.25 2.61   3.01   16.52  
 
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.  TB26O07A TB 0.00000   07-Oct-26 0.50   0.929967   99.538431   14,646.08  
2.  LB273A GB 2.25000   17-Mar-27 0.95   1.097868   101.069746   5,957.91  
3.  CB26423A SA 0.00000   23-Apr-26 0.05   0.828126   99.964133   4,900.24  
4.  CB26618A SA 0.00000   18-Jun-26 0.21   0.839329   99.831950   3,873.48  
5.  LB313A GB 1.34000   17-Mar-31 4.96   1.634133   98.602724   3,483.53  
 
 
 
 Market News
< 3361 | 3362 | 3363 | 3364 | 3365 | 3366 | 3367 | 3368 | 3369 | 3370 |   >
Found 65710 headlines
No. Date/Time Headlines
50461.       07-Dec-11 15:27     BE of ITD to be registered on December 7 and 14, 2011.
50462.       07-Dec-11 15:26     PN of BBTM to be registered on December 7, 2011
50463.       07-Dec-11 15:26     BBTM informs to exercise put option on December 7, 2011
50464.       07-Dec-11 15:22     KK16DA and KK18DB are registered with ThaiBMA on December 7, 2011
50465.       07-Dec-11 09:51     BE of KTC to be registered on December 7, 2011.
50466.       07-Dec-11 09:51     BE of TRT to be registered on December 7, 2011.
50467.       06-Dec-11 15:40     PN of BBTM to be registered on December 6, 2011
50468.       06-Dec-11 15:40     S-T debentures of TMB to be registered on December 6, 2011.
50469.       06-Dec-11 15:40     BE of NOBLE to be registered on December 6, 2011.
50470.       06-Dec-11 15:39     STN of DBSVT will be registered on December 6 and 7, 2011
50471.       06-Dec-11 15:39     S-T debentures of SCBT to be registered on December 6, 2011
50472.       06-Dec-11 15:39     BE of PRIN to be registered on December 6, 2011
50473.       06-Dec-11 10:58     BOT Bonds Auction Results
50474.       02-Dec-11 15:13     BE of FNS will be registered on December 2, 2011
50475.       02-Dec-11 15:12     BE of TISCOG to be registered on December 2, 2011
 
 
Disclamer