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
Roaring Rebound: Matthews South Q2 2025 Convertible Market Review
As part of our market update series, below are our key takeaways in the convertible market in the second quarter of 2025. New issue activity in Q2 totaled $38.6 billion, bringing total issuance volume for the first half of 2025 to $53.7 billion, tracking 22% above 2024 issuance levels. Q2 was ... >>>Read More
Strength Amid Choppiness: Q1 2025 Convertible Market Review
As part of our market update series, below are our key takeaways in the convertible market in the first quarter of 2025. New issue activity in Q1 totaled $15.1 billion, tracking 31% below 2024 issuance levels but in-line with historical averages. Potential issuers have remained on the sidelines to ... >>>Read More
2024 Year-End Convertible Market Review
As part of our market update series, below are our key takeaways in the convertible market in Q4 2024 and looking back on the year. New issue activity in the convertible market was significant with $29 billion volume in Q4, bringing total issuance for the year to $88 billion. Issuance volumes ... >>>Read More
Q2 2024 Convertible Market Review
As part of our market update series, here are our key takeaways from the convertible market in the second quarter of 2024.There was $27 billion of new issuance in the quarter, putting 2024 on pace for ~$97 billion of total volume. The second quarter was the most active in the convertible market ... >>>Read More
