タイ, Bills 0% 22dec2021, THB (182D) (FIGI BBG0119CFKD5, TB21D22A, TH0623A71C86)
国内債券, Zero-coupon bonds, Bills
国内債券, Zero-coupon bonds, Bills
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Thailand is a Southeast Asian nation with Bangkok as its capital. Thai is the official language, and the Thai baht (THB) is the national currency. The country has a diversified economy, where tourism, manufacturing, and services ...
Thailand is a Southeast Asian nation with Bangkok as its capital. Thai is the official language, and the Thai baht (THB) is the national currency. The country has a diversified economy, where tourism, manufacturing, and services represent the largest sectors, supported by agriculture, electronics, automotive production, and food processing. Securities are traded on the Stock Exchange of Thailand (SET) and the Thai Bond Market Association (ThaiBMA), the main financial market infrastructures in Thailand.
The Thailand bonds market includes government, corporate, financial, and infrastructure-related instruments. A key feature of the local debt market is the predominance of fixed-rate government benchmark bonds, alongside a liquid savings bond retail segment and growing green bond issuance. Many domestic instruments are issued with conventional fixed coupons, while the Bank of Thailand utilizes short-term bills for open-market operations and liquidity management. Thailand bonds provide stable returns and deep secondary-market liquidity for investors.
The Thailand government bond market is managed by the Public Debt Management Office (PDMO), which issues sovereign securities through regular auctions, exchange operations, and retail savings programs. Main instruments include Treasury bills with maturities up to one year, benchmark government bonds (LB) with tenors of 2 to 50 years, and savings bonds aimed at retail investors. Thai government bonds serve as core benchmarks for domestic interest rates, commercial bank liquidity coverage, insurance industry reserves, and pension fund investments.
The corporate segment is led by financial institutions, energy companies, utilities, real estate developers, telecommunications operators, and large industrial conglomerates. Thai bonds are often structured with fixed coupons and bullet maturities, while green and sustainability-linked bonds are increasingly prominent in renewable energy and transport infrastructure financing.
Thailand also remains active in international capital markets through sovereign external bonds denominated mainly in US dollars and euros. These issues help create pricing benchmarks for Thai corporate issuers and diversify the country's debt profile. For international investors, the bonds offer exposure to a mature, investment-grade emerging-market economy, combining stable nominal yields, deep secondary-market liquidity, and sensitivity to monetary policy, fiscal stimulus, tourism recovery, exchange-rate stability, and sovereign credit ratings.
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1 000 000
債券
100 000
株
175 910
ETF&投資信託
100 000
インデックス
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