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Close of May 26, 2023 |
Change From | |||
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Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 2.111 | ▲ 1.0 | ▲ 9.9 | ▲ 48.4 |
5 Year | 2.257 | ▲ 3.2 | ▲ 7.0 | ▲ 26.6 |
10 Year | 2.589 | ▼ 0.2 | ▲ 8.1 | ▼ 4.8 |
* Government bond yield changes are expressed in basis points. |
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Currencies | Latest Rate | Previous Day | Previous Week | YTD |
THB per USD | 34.769 | ▼ 0.2 | ▼ 1.1 | ▼ 0.5 |
THB per JPY | 0.247 | ▲ 0.2 | ▲ 0.7 | ▲ 6.3 |
* Exchange rate changes are expressed as a percentage change. |
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Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
1D BIBOR | 1.752 | ▲ 0.1 | ▲ 0.1 | ▲ 50.2 |
3M BIBOR | 1.448 | 0.0 | ▲ 1.2 | 0.0 |
* Interest rate changes are expressed in basis point change. |
Change From | ||||
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Policy Rates | Latest Rate (25-Jan-2023) |
Previous Rate (30-Nov-2022) |
YTD Rate |
|
1-day Repurchase Rate | 1.500 | ▲ 25.0 | ▲ 25.0 | |
* Policy rate changes are expressed in basis point change. |
Agency | Rating | Outlook | Date | |
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Regional Rating Institutions | ||||
R&I | A- | stable | 2021-03-11 | |
RAM | BBB1 | stable | 2019-06-07 | |
Non-Regional Rating Institutions | ||||
Fitch | BBB+ | stable | 2022-06-21 | |
S&P | BBB+ | stable | 2021-09-20 | |
ASEAN+3 Bond Market Guide is a comprehensive explanation of the region's bond markets. It provides various information such as the history, legal and regulatory framework, speciic characteristics of the market, trading and transaction including settlement systems, and other relevant information. Bond Market Guide 2016 for Thailand is an outcome of the strong support and kind contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Thailand. The report should be recognized as a collective good to support bond market development among ASEAN+3 members. View Report
Implementation Guidelines for Thailand
August 2015
The ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) Implementation Guidelines for Thailand are provided to review the AMBIF Elements and detail the corresponding features of Thailand market in relation to each element.
Download Report
* Download previous issues PDF | ||||
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The local currency bond market in Thailand reached a size of THB15.6 trillion (USD451.5 billion) at the end of the fourth quarter (Q4) of 2022. Overall growth slowed to 0.8% quarter-on-quarter and 6.1% year-on-year in Q4 2022 as the government started to roll back its pandemic-related borrowing in the new fiscal year starting in October, while higher interest rates capped corporate issuance.
New issuance of local currency corporate bonds amounted to THB496.3 billion in Q4 2022, down 10.9% quarter-on-quarter amid rising borrowing costs as the Bank of Thailand continued its gradual monetary policy tightening to combat inflation. The largest issuer during the quarter was Ek-Chai Distribution System with a total of THB23.5 billion bond issuance.
On 31 October, the Bank of Thailand announced that it would end its temporary corporate bond support under the corporate bond stabilization fund after 31 December 2022. The fund was created in 2020 to help boost confidence in the corporate bond market and aid companies experiencing momentary liquidity problems amid the COVID-19 pandemic. The supervisory committee of the bond stabilization fund deemed that the need for support had lessened as the economy continued to recover.
Title | Source | Date |
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Debt Securities Auction Results: Auction Date: 25 May 2023 | Bank of Thailand | 2023-05-25 |
Title | Source | Date |