10 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 increased by 2%.Govt gained the major portion or by 47% of total outright trading value , following by SA and CORP bonds,respectively.Govt bonds yields fluctuated within a range of -1 to 9 bp.Govt clean price index ended lower by -7 bp and corp index (BBB up) closed lower by -4 bp.The most active issue was LB273A.

Trading & Outstanding valueMln. (THB)Chg.(%)
 Outstanding Value 18,205,046.34   0.16  
 Number of issues 2,777  
 Total Trading Value 1,574,753.15   1.52  
   Outright/Cash Trading 70,133.74   -52.49  
   Financing 1,503,134.35   7.15  
   Others 1,485.06   124.36  
Price value of basis point (PVBP)BAHT
 PVBP of Government bond 657,338,211.40  


 
ThaiBMA Bond Index                                                                                                                      
TypeClean PriceGross PriceTotal ReturnAvg. YieldAvg. DurAvg. Convex
Government Bond 106.66 -0.07 107.51 -0.06 348.42 -0.2 2.57   8.46   149.27  
    Group 1 ( 1 < TTM <=3 ) 71.62 -0.01 72.09 -0.01 230.66 -0.03 1.22   1.97   5.26  
    Group 2 ( 3 < TTM <= 7 ) 107.36 -0.02 108.15 -0.01 337.03 -0.03 1.54   4.19   21.43  
    Group 3 ( 7 < TTM <= 10 ) 139.73 -0.25 140.59 -0.25 454.68 -0.79 1.96   7.62   66.37  
    Group 4 ( 10 < TTM ) 173.88 -0.15 175.58 -0.14 579.46 -0.45 2.88   14.50   312.48  
    Group 5 (<= 10) 89.57 -0.04 90.16 -0.04 285.13 -0.12 1.65   3.78   23.07  
SOE (G) Bond Index 103.06 -0.07 103.65 -0.06 200.00 -0.12 1.95   4.55   34.57  
SOE (NG) Bond Index 109.83 -0.07 110.56 -0.06 228.61 -0.13 2.55   5.57   49.42  
Corporate Bond Index (BBB up) 108.06 -0.04 108.76 -0.03 235.70 -0.07 2.59   2.96   16.05  
Corporate Bond Index (BBB+ up) 108.45 -0.04 109.16 -0.03 235.57 -0.07 2.54   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.  LB273A GB 2.25000   17-Mar-27 0.93   1.042517   101.094006   5,113.19  
2.  LB313A GB 1.34000   17-Mar-31 4.94   1.552016   98.993451   3,866.09  
3.  CBF27215A SA 1.06006   15-Feb-27 0.85   1.010127   100.032869   3,387.30  
4.  LB365A GB 1.84000   17-May-36 10.11   2.010742   98.448812   2,874.21  
5.  LB26DA GB 2.12500   17-Dec-26 0.69   0.987237   100.759114   2,722.16  
 
 
 
 Market News
< 3661 | 3662 | 3663 | 3664 | 3665 | 3666 | 3667 | 3668 | 3669 | 3670 |   >
Found 65742 headlines
No. Date/Time Headlines
54946.       24-Dec-09 13:43     BOT Bond Auction Result
54947.       23-Dec-09 15:37     BE of PL will be registered on December 24, 2009.
54948.       23-Dec-09 15:36     PN of BBTM to be registered on December 23, 2009
54949.       23-Dec-09 15:36     BBTM informs to put option since December 23, 2009
54950.       23-Dec-09 15:35     BE of HEMRAJ will be registered on December 24, 2009
54951.       23-Dec-09 15:35     BE of QH will be registered on December 28, 2009
54952.       23-Dec-09 15:34     BE of ASK to be registered on December 23, 2009
54953.       23-Dec-09 15:34     S-T debentures of DBBK to be registered on December 23, 2009
54954.       23-Dec-09 15:33     S-T debentures of SCBT to be registered on December 23, 2009
54955.       23-Dec-09 14:53     Auction Schedule of BOT Bond in December 2009
54956.       23-Dec-09 11:35     Loan Bond Auction Result
54957.       23-Dec-09 11:20     TLT12DA and TLT13DA are registered with ThaiBMA on December 23, 2009.
54958.       22-Dec-09 16:35     Fitch Affirms Thailand’s Siam Panich SPV 1; Assigns LS Ratings
54959.       22-Dec-09 15:29     BE of PF to be registered on December 22, 2009
54960.       22-Dec-09 15:29     CPF155A is registered with ThaiBMA on December 22, 2009.
 
 
Disclamer