Exploring the Expanding Global Convertibles Market

The global convertibles market is evolving rapidly, driven by growth in select regions and sectors, as well as shifting investor and issuer strategies. How can market participants seize the opportunities available in this expanding market? 

In a recent market report, Global Q1 2025 Convertibles Issuance: Key Trends and Insights, Numerix examined noteworthy trends shaping the convertibles landscape, including regional issuance patterns, sectoral highlights, and the strategic motivations driving issuers. Supported by detailed insights into top deals and year-over-year performance, the analysis featured in the report gives insight into how the convertibles market continues to evolve as an essential financing instrument.

The infographic below illustrates key findings from this exclusive, data-driven report. 

Market Outlook  

The Q1 2025 convertibles market remains dynamic, with issuance volumes that have outpaced the prior year. North America continues to lead in activity, however Asia-Pacific is gaining traction, reflecting a broadening global footprint for this asset class. While tech names largely dominate, there’s also a strong showing from Financials, Healthcare, and Consumer sectors. These trends highlight both the versatility of convertibles and the strategic opportunities they offer to issuers and investors alike. In fact, the data showed that investor appetite for zero-coupon and high premium structures signals ongoing demand for equity-linked instruments such as convertibles.  

Taken together, the data in our report underscores a healthy, evolving market where flexibility and upside potential continue to attract both sides of the trade. For a deeper dive into this topic, see our recently published market report: Global Q1 2025 Convertibles Issuance: Key Trends and Insights