Fast Track Your Edge in the Convertible Bond Market
Convertible bonds offer a unique blend of equity upside and fixed income stability, but their hybrid nature also brings complexity. Traders and investors need more than basic analytics to understand how these instruments behave across multiple market factors, respond to large-scale issuance trends, and react in real-time to shifting conditions.
In this blog, we highlight key Numerix resources designed to help market participants navigate the convertible landscape: a detailed Q3 2025 issuance report, an overview of real-time pricing and risk analysis via the Kynex Single Name API, and a guide to multi-factor scenario analysis for convertible bonds. Together, these resources provide fast-tracked insights, strategies, and tools to help you better anticipate market moves and make informed decisions.
Global Convertibles Issuance: Key Trends and Insights Q3 2025
The convertible securities market kept up its strong momentum in Q3 2025, demonstrating both resilience and robust investor demand. Activity picked up sharply compared to the same period last year, nearly doubling the number of deals. A notable feature of the quarter was a wave of large-scale “mega deals,” as issuers capitalized on favorable financing conditions and investors continued seeking promising hybrid instruments.
Gross proceeds for the third quarter approached $50 billion, pushing year-to-date totals past $130 billion—already surpassing the full-year totals of 2021 and 2024 and making 2025 a record year to the end of Q3. In this report, we explore the factors behind this surge, from sector-specific trends and regional patterns to the quarter’s standout transactions, offering a data-driven perspective on how convertibles are evolving as a strategic financing tool in today’s dynamic market.
Real-Time Convertible Pricing & Risk Analysis at Scale
As convertible workflows become increasingly data-driven, traders and institutional investors face challenges in responding quickly to market moves and ensuring the accuracy of their analyses. To address these issues, Kynex recently introduced a new Single Name API, which provides programmatic, real-time access to its market-leading convertible bond analytics.
The API combines the precision and sophistication of Kynex’s convertible model with the speed and flexibility of modern API delivery, giving traders and institutional investors a powerful edge.
In this on-demand webinar, Numerix’s Joseph O’Reilly gives a comprehensive overview of how Kynex’s Single Name API helps users instill a new level of efficiency and insight into their workflows– whether it’s reacting faster to market moves, uncovering hidden opportunities through data-driven analysis, or simply operating with greater confidence in their numbers.
Beyond Greeks: Multi-Factor Scenario Analysis for Convertible Bonds
Convertible bonds don’t move in isolation—they respond simultaneously to equity swings, volatility shifts, credit spread changes, and interest rate moves. That makes single-factor risk measures like daily Greeks only part of the story. Multi-factor scenario analysis tackles this complexity by testing several drivers at once, uncovering hidden downside risks and convex upside opportunities that simpler measures often miss.
For trading desks, these “what if” drills are no longer theoretical—they’ve become practical playbooks, helping teams react quickly to everything from equity spikes to credit shocks. History proves their value: during events like 2008 and 2020, portfolios modeled with multi-factor scenarios were more agile and, in some cases, able to capitalize on extreme market moves already anticipated by the scenarios.
Of course, running scenario analysis isn’t always straightforward. How can traders turn these tools into actionable insights and gain a clearer view of both risk and opportunity? In this on-demand session, Joseph O’Reilly of Numerix provides a primer on scenario analysis specifically tailored for convertible bond traders.
Building Clarity and Foresight in Convertible Trading
Navigating the convertible bond market calls for both analytical depth and real-time responsiveness. Combining data-driven insights, scenario analysis, and modern pricing technology enables traders and investors to see risk and opportunity more clearly—and act with greater confidence.
Platforms like Kynex from Numerix are helping market participants achieve these goals by streamlining convertible bond valuation, modeling complex deal terms, and integrating analytics seamlessly across trading and risk workflows. With capabilities designed to enhance speed, accuracy, and transparency, these tools are redefining how market participants approach convertible bond pricing and risk management.
Learn more and get a FREE 14 day trial of Kynex here.
