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

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

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

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

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