Post by huym84279 on Jan 12, 2024 23:43:42 GMT -5
The meaning that short-term bond yields have increased following the policy interest rate that has increased 5 times from 1.25% at the end of last year. is at 2.50% at the end of 2023, while long-term Bond yield is relatively stable or adjusted down slightly in line with the trend of inflation slowing down, causing the Bond yield curve to appear flatter compared to last year, with the 2-year Thai Bond yield rising 71 bps. from the end of last year to 2.34%, while the 10-year Thai Bond yield rose 6 bps.
The end of 2023. Corporate bond yield Consumer Mobile Number Database curves in 2023 for bonds of all credit ratings adjusted. Increased in line with the increase in government bond yields. by rate of return 5-year corporate debt instruments rose 21-40 bps. At the end of 2023, AAA credit ratings rose to 3.11%, AA at 3.32%, A at 3.57%, BBB+ at 4.52% and BBB at 5.42%. Screenshot_20240111_090825_Firefox Foreign investment flows (Fund flow) of Thai debt instruments in a row in the first 3 quarters of the year.
Before reverting to net buying in the 4th quarter after the Fed became clear about ending the policy interest rate increase, resulting in the entire year 2023, foreign investors had accumulated net sales of 150 billion baht and held Thai debt instruments. Equal to 940 billion baht at the end of 2023, accounting for 5.7% of the outstanding value of the Thai bond market. Thai debt instruments held by foreigners have an average remaining maturity of 8.4 years, increasing from 8.0 years at the end of 2022.
The end of 2023. Corporate bond yield Consumer Mobile Number Database curves in 2023 for bonds of all credit ratings adjusted. Increased in line with the increase in government bond yields. by rate of return 5-year corporate debt instruments rose 21-40 bps. At the end of 2023, AAA credit ratings rose to 3.11%, AA at 3.32%, A at 3.57%, BBB+ at 4.52% and BBB at 5.42%. Screenshot_20240111_090825_Firefox Foreign investment flows (Fund flow) of Thai debt instruments in a row in the first 3 quarters of the year.
Before reverting to net buying in the 4th quarter after the Fed became clear about ending the policy interest rate increase, resulting in the entire year 2023, foreign investors had accumulated net sales of 150 billion baht and held Thai debt instruments. Equal to 940 billion baht at the end of 2023, accounting for 5.7% of the outstanding value of the Thai bond market. Thai debt instruments held by foreigners have an average remaining maturity of 8.4 years, increasing from 8.0 years at the end of 2022.