Thailand
Market Watch
| Close of March 26, 2020 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 0.797 | ▼ 1.7 | ▼ 20.6 | ▼ 36.2 |
| 5 Year | 0.989 | ▼ 1.0 | ▼ 27.6 | ▼ 25.7 |
| 10 Year | 1.400 | ▼ 1.7 | ▼ 32.9 | ▼ 7.8 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| THB per USD | 32.651 | ▲ 0.4 | ▼ 0.3 | ▼ 9.9 |
| THB per JPY | 0.298 | ▼ 1.0 | ▼ 1.3 | ▼ 8.9 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 1D BIBOR | 0.750 | 0.0 | ▼ 25.0 | ▼ 50.0 |
| 3M BIBOR | 0.876 | ▲ 0.7 | ▼ 23.7 | ▼ 49.4 |
|
* Interest rate changes are expressed in basis point change. |
||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (5-Feb-2020) |
Previous Rate (18-Dec-2019) |
YTD Rate |
|
| 1-day Repurchase Rate | 1.000 | ▼ 25.0 | ▼ 25.0 | |
|
* Policy rate changes are expressed in basis point change. |
||||
Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | BBB+ | stable | 2017-10-24 | |
| RAM | BBB1 | stable | 2019-06-07 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB+ | stable | 2018-06-07 | |
| S&P | BBB+ | stable | 2017-12-15 | |
NEWS HIGHLIGHTS
- BOT warns against panic sales of bond investment units
- Village Funds to each receive B200,000
- Finance Ministry mulls higher budget for handout
- Finance seeks loans via issue of emergency decree
- February index wilts on sugar cane woes
Read full index for News and Commentary
BOND ISSUANCES
- Size of LCY Bond Market
- Size of LCY Bond Market in % of GDP
- Monthly Bonds Outstanding in USD
- FCY Bonds Outstanding
- Breakdown of LCY Bond Market Issuance
- G3 Currency Bond Issuance
- Government Securities Maturity Profile - LCY
- Corporate Securities Maturity Profile - LCY
- Investor Profile - Government Bonds
- Foreign Holdings in LCY Government Bonds
- Trading Volume
- Bonds Turnover Ratio
- Interest Rate Spread - 2yrs vs 10yrs - LCY Bond
- Yield Volatility - 10yr LCY Bonds
- Bid-Ask Spreads (Survey data)
- Government Bond Market Structural Issues
- Corporate Bond Market Structural Issues
ASEAN+3 Bond Market Guide
ASEAN+3 Bond Market Guide 2016: Thailand
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.
Download Report
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Market Summary
Size and Composition
Total local currency (LCY) bonds outstanding in Thailand rose 2.2% quarter-on-quarter (q-o-q) and 6.4% year-on-year, reaching THB13,236.3 billion (USD445.6 billion) at the end of the fourth quarter (Q4) of 2019. The 2.5% q-o-q growth in government bonds outstanding in Q4 2019 reversed the 1.1% q-o-q decline posted in the previous quarter. The expansion of LCY corporate bonds outstanding accelerated to 1.6% q-o-q in Q4 2019 from 0.2% q-o-q in the preceding quarter. Government bonds comprised 71.4% of total LCY bonds outstanding in Q4 2019.
Corporate Bond Issuance
Thailand's corporate bond issuance declined 7.6% q-o-q in Q4 2019, reflecting a slight recovery from the 20.9% q-o-q contraction in issuance posted in the third quarter of 2019. Low borrowing costs gave rise to the issuance of several perpetual corporate bonds in Q4 2019.
Refine Search
1 - 20 of 552 results
- BOT warns against panic sales of bond investment units
The Nation Thailand
2020-03-27 - Finance seeks loans via issue of emergency decree
The Nation Thailand
2020-03-27 - Finance Ministry mulls higher budget for handout
Bangkok Post
2020-03-27 - Village Funds to each receive B200,000
Bangkok Post
2020-03-27 - FTA and GSP usage drops with exports
Bangkok Post
2020-03-26 - Central bank sets floor for pandemic debt support
Bangkok Post
2020-03-26 - February index wilts on sugar cane woes
Bangkok Post
2020-03-26 - Thailand Faces Biggest Economic Contraction Since Asian Crisis
Bloomberg
2020-03-25 - Central bank won’t cut rate again, nods to govt
The Nation Thailand
2020-03-25 - Monetary Policy Committee’s Decision 2/2020
Bank of Thailand
2020-03-25 - SET gains but worries mount about state of emergency
The Nation Thailand
2020-03-25 - Thai oil refiners said cutting output as demand falls
Bangkok Post
2020-03-25 - Factory output down again
Bangkok Post
2020-03-25 - Thailand Holds Rate, With Economy Seen Contracting 5.3%
Bloomberg
2020-03-25 - BoT facility aims to help mutual funds
Bangkok Post
2020-03-25 - Cabinet approves B117bn stimulus
Bangkok Post
2020-03-24 - Bank of Thailand expands liquidity support to more fund types
Bangkok Post
2020-03-24 - Turmoil triggers another circuit breaker
Bangkok Post
2020-03-24 - Baht’s Best-to-Worst Move Set to Quicken After Policy Blitz
Bloomberg
2020-03-23 - Sentiment dejected despite aid measures
Bangkok Post
2020-03-23