8 April 2026
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 decreased by 9%.Govt gained the major portion or by 48% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields decreased by -19 to -1 bp.Govt clean price index ended higher by 88 bp and corp index (BBB up) closed higher by 24 bp.The most active issue was LB463A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,162,578.34   -0.03  
 Number of issues 2,769  
 Total Trading Value 1,426,123.62   -9.1  
   Outright/Cash Trading 93,809.18   -31.62  
   Financing 1,328,899.95   -7.13  
   Others 3,414.50   313.58  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 655,317,508.26  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.69 0.88 107.53 0.89 348.46 2.88 2.57   8.48   150.23  
    Group 1 ( 1 < TTM <=3 ) 71.64 0.08 72.11 0.09 230.71 0.29 1.21   1.98   5.29  
    Group 2 ( 3 < TTM <= 7 ) 107.42 0.39 108.19 0.4 337.18 1.23 1.53   4.20   21.49  
    Group 3 ( 7 < TTM <= 10 ) 139.90 1.12 140.75 1.13 455.18 3.64 1.95   7.62   66.50  
    Group 4 ( 10 < TTM ) 173.87 2.55 175.53 2.56 579.32 8.46 2.88   14.54   314.72  
    Group 5 (<= 10) 89.62 0.3 90.20 0.31 285.25 0.97 1.64   3.79   23.13  
SOE (G) Bond Index 103.17 0.43 103.74 0.44 200.18 0.84 1.93   4.56   34.66  
SOE (NG) Bond Index 109.83 0.58 110.55 0.59 228.58 1.22 2.55   5.57   49.47  
Corporate Bond Index (BBB up) 108.09 0.24 108.77 0.24 235.71 0.54 2.59   2.96   16.05  
Corporate Bond Index (BBB+ up) 108.47 0.25 109.16 0.25 235.58 0.55 2.53   3.01   16.54  
 
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.  LB463A GB 3.22000   17-Mar-46 19.95   2.995624   103.351627   7,934.26  
2.  LB456A GB 2.98000   17-Jun-45 19.21   2.951189   100.422827   5,396.71  
3.  CB26618A SA 0.00000   18-Jun-26 0.19   0.848278   99.837670   4,602.52  
4.  LB26DA GB 2.12500   17-Dec-26 0.69   1.000457   100.768304   4,404.19  
5.  LB313A GB 1.34000   17-Mar-31 4.94   1.543785   99.028873   3,759.62  
 
 
 
 Market News
< 3441 | 3442 | 3443 | 3444 | 3445 | 3446 | 3447 | 3448 | 3449 | 3450 |   >
Found 65727 headlines
No. Date/Time Headlines
51646.       17-Jun-11 16:02     S-T debentures of DBBK to be registered on June 17, 2011
51647.       17-Jun-11 14:39     TBANK196A is registered with ThaiBMA on June 20, 2011
51648.       17-Jun-11 14:37     SCIB196A is the early expiration debentures.
51649.       17-Jun-11 13:53     TRIS Rating affirms the company and issue ratings of QH.
51650.       17-Jun-11 09:57     BOT Bonds Auction Results
51651.       16-Jun-11 17:15     BE of ITD to be registered on June 16, 2011.
51652.       16-Jun-11 17:15     BE of ASK to be registered on June 16 and 17, 2011.
51653.       16-Jun-11 17:14     Fitch revises TTA' Outlook to Negative.
51654.       16-Jun-11 17:13     BE of ROJNA will be registered on June 17, 2011
51655.       16-Jun-11 17:13     S-T debentures of TLT will be registered on June 17, 2011
51656.       16-Jun-11 17:13     PN of TSFC to be registered on June 16, 2011
51657.       16-Jun-11 17:12     BE of PS will be registered on June 17, 2011
51658.       16-Jun-11 17:12     BE of TISCOG to be registered on June 16, 2011
51659.       16-Jun-11 17:12     S-T debentures of DBBK to be registered on June 16, 2011
51660.       16-Jun-11 17:11     BBTM informs to exercise put option on June 16, 2011
 
 
Disclamer