Thai Bond Market Association (ThaiBMA) Summary of Thai Bond Market Conditions Today The total daily turnover was 32,435 million baht. The top two with the highest trading value are
1. Asset Management Group (Asset Management Company) net purchase 5,404 million baht
2. Insurance Group, net purchase of 408 million baht
While foreign investors bought a net of 3,949 million baht, the yield of 5-year bonds closed at 2%, down -0.02% from yesterday.
Overview of the market today
Yield Curve decreased slightly from the previous day by regarding 1-2 bps. For foreign investors’ investment flow today, NET INFLOW 3,949 million baht, caused by NET BUY 3,949 million baht and no debt instruments held by investors. Foreign investment expired (Expired) on foreign factors. US Department of Commerce The second estimate for 2Q22 gross domestic product (GDP) contracted 0.6%, better than the first estimate of 0.9%. 60.5% weight on the Fed to raise interest rates 0.75% to 3.00-3.25% at the US Federal Reserve meeting on Sept. 20-21 and weight only 39.5% that the Fed will raise interest rates by 0.50% for the report. The number of US applicants for unemployment benefits fell 2,000 to 243,000, lower than analysts’ estimate of 255,000. The Stock Exchange of Thailand (SET) had a NET BUY of 666 million foreign investors for its holding. Foreign investors at the end of this week were down 6,254 million baht from 1,033,117 million baht the previous week to 1,026,863 million baht.
Summary of bond trading conditions
Thai bond market | 26-08-2022 | Change | %Change |
turnover | 32,435.11 million baht | – | – |
3-month government bond yield | 0.65 % | reduce | 0.01 % |
1-Year Government Bond Yield | 1.10 % | – | 0.00 % |
5-Year Government Bond Yield | 2.00 % | reduce | 0.02 % |
turnover Outright (classified by instrument type)
Instrument type | million baht | Change | %Change |
Treasury bills | 5,250.67 | more | 116 % |
government bonds | 6,886.05 | reduce | 59 % |
government promissory note | 0.00 | – | n/a |
BOT bonds | 15,019.36 | reduce | 71 % |
state enterprise bonds | 916.88 | reduce | 24 % |
private bond | 2,559.98 | reduce | 12 % |
foreign bond | 0.00 | – | n/a |
Note: n/a is invalid because it has no trading value on the previous day.
By InfoQuest News Agency (26 Aug 65)