Matthews South

Matthews South

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OUR BLOG

Record Issuance and Mega-Deal Demand: Matthews South Q2 2026 Convertible Market Review

by Savar Das | July 8, 2026 | Convertible, Convertible & Call Spread, Market Review

As part of our market update series, below are our key takeaways from the convertible market in the second quarter of 2026. Q2 2026 issuance totaled ~$61 billion across 49 offerings, nearly double Q1 2026 volume of ~$31 billion, making Q2 2026 the most active quarter on record for U.S. convertible ... >>>Read More

Resilient Demand in Volatile Markets: Matthews South Q1 2026 Convertible Market Review

by Savar Das | April 17, 2026 | Convertible, Convertible & Call Spread, Market Review

As part of our market update series, below are our key takeaways from the convertible market in the first quarter of 2026. Q1 2026 issuance totaled ~$31 billion across 38 offerings, which more than doubled the Q1 2025 issuance volume of ~$15 billion. New issuance activity underscored the ... >>>Read More

Robust Quarter Ends Record-Breaking Year: Matthews South 2025 Year-End Convertible Market Review

by Laurence Xu | January 6, 2026 | Convertible, Convertible & Call Spread, Market Review

As part of our market update series, below are some key takeaways from the convertible market in 2025. 2025 was a record-breaking year, surpassing 2020 as the most active year in the history of the US convertible market.  Q4 new issuance activity remained robust with ~$34 billion in supply, ... >>>Read More

Convertibles Surge with Issuers in the Driver’s Seat: Matthews South Q3 2025 Convertible Market Review

by Dhruv Sanger | October 15, 2025 | Convertible, Convertible & Call Spread, Market Review

As part of our market update series, below are our key takeaways in the convertible market in the third quarter of 2025. New issue activity in Q3 totaled $32.7 billion, bringing total issuance volume for 2025 to $86.4 billion.  Issuance volumes have surged in 2025 and are on track to surpass the ... >>>Read More

Tall Call Spreads are OK too!

by Jared Kramer | August 11, 2025 | Call Spread, Convertible & Call Spread

Of the nearly 500 deals that have been executed in the U.S. convertible market since 2021, about 47% have included call spread overlays. These derivatives raise the effective conversion premium from the 25 - 50% that is most typical in the convertible bond market to higher levels -- often more ... >>>Read More

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Archives

Recent Posts

  • Record Issuance and Mega-Deal Demand: Matthews South Q2 2026 Convertible Market Review
  • Resilient Demand in Volatile Markets: Matthews South Q1 2026 Convertible Market Review
  • Mid-Earnings Read: Repurchase Authorizations Increase Since 2025
  • Robust Quarter Ends Record-Breaking Year: Matthews South 2025 Year-End Convertible Market Review
  • Mid-Earnings Read: Repurchase Authorizations Remain High Amid Record Equity Prices

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