COUNTRY •
THAILAND
Last Update: 27 Mar 2023 8:15 GMT+0
The Thailand 10Y Government Bond has a 2.202% yield.
10 Years vs 2 Years bond spread is 29.4 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.50% (last modification in January 2023).
The Thailand credit rating is BBB+, according to Standard & Poor's agency.
If data are not all visible, swipe table left
Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
1 year | 1.868% | -20.2 bp | +34.8 bp | 98.17 | +0.20 % | -0.34 % | 27 Mar | ||
2 years | 1.908% | -21.1 bp | +9.8 bp | 96.29 | +0.42 % | -0.20 % | 27 Mar | ||
3 years | 1.800% | -19.0 bp | n.a. | 94.79 | +0.56 % | n.a. | 27 Mar | ||
4 years | 1.878% | -23.8 bp | -68.2 bp | 92.83 | +0.94 % | +2.71 % | 27 Mar | ||
5 years | 1.899% | -28.8 bp | -113.1 bp | 91.02 | +1.42 % | +5.67 % | 27 Mar | ||
7 years | 2.076% | -29.2 bp | -99.4 bp | 86.60 | +2.01 % | +7.02 % | 27 Mar | ||
10 years | 2.202% | -32.4 bp | -91.8 bp | 80.43 | +3.22 % | +9.35 % | 27 Mar | ||
12 years | 2.480% | -31.9 bp | -71.0 bp | 74.53 | +3.80 % | +8.64 % | 27 Mar | ||
14 years | 2.556% | -32.4 bp | -113.4 bp | 70.23 | +4.51 % | +16.64 % | 27 Mar | ||
15 years | 2.582% | -35.5 bp | -110.8 bp | 68.22 | +5.31 % | +17.48 % | 27 Mar | ||
16 years | 2.799% | -29.4 bp | -115.1 bp | 64.30 | +4.69 % | +19.52 % | 27 Mar | ||
20 years | 2.749% | -34.4 bp | -127.1 bp | 58.14 | +6.91 % | +27.89 % | 27 Mar |
Last Update: 27 Mar 2023 8:15 GMT+0
Thailand Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (1.50%) |
|||
---|---|---|---|---|---|---|
1 year | 2 years | 5 years | ||||
10 years | 2.202% | 70.2 bp | ||||
5 years | 1.899% | 39.9 bp | ||||
2 years | 1.908% | 40.8 bp | ||||
1 year | 1.868% | 36.8 bp |
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
2Y vs 1Y | 4 bp | Yield Curve is flat in Short-Term Maturities | ||
5Y vs 2Y | -0.9 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 29.4 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities |
Readings that may interest you
Thailand Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Thailand Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
BBB+
|
- |
Moody's Investors Service |
Baa1
|
- |
Fitch Ratings |
BBB+
|
- |
DBRS |
-
|
- |
Thailand Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
Interest Rates | Value | |
---|---|---|
Central Bank Rate | 1.50% |
Thailand 10Y Bond Yield Spread
The Thailand 10Y Government Bond has a 2.202% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, means that the 10Y Bond Yield is higher than the corresponding foreign bond. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
If data are not all visible, swipe table left
Thailand 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 190.3 bp | -12.6 bp | -96.9 bp | Compare | |
Germany 10Y | -2.1 bp | +8.8 bp | -102.2 bp | Compare | |
France 10Y | -56.7 bp | +0.4 bp | -96.0 bp | Compare | |
China 10Y | -67.2 bp | -27.0 bp | -104.6 bp | Compare | |
Canada 10Y | -71.8 bp | +12.4 bp | -75.1 bp | Compare | |
Australia 10Y | -109.5 bp | +26.2 bp | -27.8 bp | Compare | |
Spain 10Y | -110.6 bp | +2.3 bp | -90.0 bp | Compare | |
United Kingdom 10Y | -118.1 bp | +16.3 bp | -29.1 bp | Compare | |
United States 10Y | -134.1 bp | +6.3 bp | -72.8 bp | Compare | |
Italy 10Y | -187.9 bp | +4.4 bp | -41.4 bp | Compare | |
India 10Y | -511.0 bp | -17.9 bp | -89.7 bp | Compare | |
Russia 10Y | -808.8 bp | +36.6 bp | -133.8 bp | Compare | |
Brazil 10Y | -1073.7 bp | -0.2 bp | -178.3 bp | Compare |
Thailand Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
20 years | 2.749% | 58.14 | 73.37 | 103.82 | 134.28 | 164.74 | 195.19 | ||
16 years | 2.799% | 64.30 | 77.05 | 102.56 | 128.08 | 153.59 | 179.10 | ||
15 years | 2.582% | 68.22 | 80.53 | 105.14 | 129.76 | 154.37 | 178.99 | ||
14 years | 2.556% | 70.23 | 81.88 | 105.17 | 128.46 | 151.75 | 175.04 | ||
12 years | 2.480% | 74.53 | 84.80 | 105.34 | 125.88 | 146.42 | 166.96 | ||
10 years | 2.202% | 80.43 | 89.32 | 107.09 | 124.87 | 142.65 | 160.42 | ||
7 years | 2.076% | 86.60 | 93.06 | 105.96 | 118.87 | 131.78 | 144.68 | ||
5 years | 1.899% | 91.02 | 95.75 | 105.20 | 114.66 | 124.11 | 133.57 | ||
4 years | 1.878% | 92.83 | 96.65 | 104.28 | 111.92 | 119.56 | 127.20 | ||
3 years | 1.800% | 94.79 | 97.68 | 103.47 | 109.26 | 115.05 | 120.85 | ||
2 years | 1.908% | 96.29 | 98.23 | 102.12 | 106.01 | 109.90 | 113.79 | ||
1 year | 1.868% | 98.17 | 99.15 | 101.11 | 103.07 | 105.04 | 107.00 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |