COUNTRY •
THAILAND
Last Update: 1 Oct 2023 2:15 GMT+0
The Thailand 10Y Government Bond has a 3.174% yield.
10 Years vs 2 Years bond spread is 59.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.50% (last modification in September 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 | 2.490% | +32.2 bp | +52.1 bp | 97.57 | -0.32 % | -0.51 % | 28 Sep | ||
2 years | 2.582% | +29.5 bp | +58.4 bp | 95.03 | -0.58 % | -1.13 % | 15 Sep | ||
3 years | 2.660% | +29.0 bp | +74.0 bp | 92.43 | -0.84 % | -2.14 % | 15 Sep | ||
4 years | 2.718% | +24.3 bp | +73.3 bp | 89.83 | -0.94 % | -2.82 % | 15 Sep | ||
5 years | 2.784% | +36.0 bp | +74.8 bp | 87.17 | -1.74 % | -3.58 % | 15 Sep | ||
7 years | 2.895% | +43.5 bp | +72.8 bp | 81.89 | -2.93 % | -4.85 % | 15 Sep | ||
10 years | 3.174% | +44.4 bp | +83.5 bp | 73.16 | -4.23 % | -7.81 % | 29 Sep | ||
12 years | 3.103% | +38.5 bp | +51.7 bp | 69.30 | -4.39 % | -5.86 % | 15 Sep | ||
14 years | 3.220% | +40.5 bp | +55.2 bp | 64.17 | -5.35 % | -7.23 % | 15 Sep | ||
15 years | 3.428% | +60.9 bp | +75.6 bp | 60.32 | -8.47 % | -10.41 % | 29 Sep | ||
16 years | 3.480% | +42.7 bp | +68.1 bp | 57.85 | -6.41 % | -10.03 % | 15 Sep | ||
20 years | 3.728% | +55.7 bp | +89.3 bp | 48.09 | -10.21 % | -15.88 % | 28 Sep |
Last Update: 1 Oct 2023 2:15 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 (2.50%) |
|
---|---|---|---|---|
1 year | ||||
10 years | 3.174% | 67.4 bp | ||
1 year | 2.490% | -1.0 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | 9.2 bp | Normal Convexity in Short-Term Maturities | ||
5Y vs 2Y | 20.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 59.2 bp | Normal Convexity 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 | 2.50% |
Thailand 10Y Bond Yield Spread
The Thailand 10Y Government Bond has a 3.174% 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 | 242.5 bp | +31.6 bp | +41.5 bp | Compare | |
China 10Y | 46.8 bp | +36.1 bp | +100.3 bp | Compare | |
Germany 10Y | 32.0 bp | +13.0 bp | +26.4 bp | Compare | |
France 10Y | -24.2 bp | +10.4 bp | +20.3 bp | Compare | |
Spain 10Y | -77.9 bp | +5.5 bp | +17.7 bp | Compare | |
Canada 10Y | -89.5 bp | -3.2 bp | -31.7 bp | Compare | |
United Kingdom 10Y | -128.4 bp | +38.8 bp | -15.8 bp | Compare | |
Australia 10Y | -130.0 bp | +2.0 bp | -40.2 bp | Compare | |
United States 10Y | -140.5 bp | +4.6 bp | -27.1 bp | Compare | |
Italy 10Y | -164.1 bp | -14.0 bp | +9.7 bp | Compare | |
India 10Y | -403.6 bp | +40.9 bp | +94.0 bp | Compare | |
Brazil 10Y | -853.7 bp | -11.5 bp | +202.4 bp | Compare | |
Russia 10Y | -972.6 bp | -37.6 bp | -176.5 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 | 3.728% | 48.09 | 62.02 | 89.86 | 117.71 | 145.56 | 173.41 | ||
15 years | 3.428% | 60.32 | 71.89 | 95.05 | 118.20 | 141.35 | 164.50 | ||
10 years | 3.174% | 73.16 | 81.62 | 98.53 | 115.44 | 132.35 | 149.26 | ||
1 year | 2.490% | 97.57 | 98.55 | 100.50 | 102.45 | 104.40 | 106.35 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |