Taiwan’s Convertible Bond Market: A Rising Force in Asia
In the last few years, the Taiwanese convertible bond (CB) market has witnessed an extraordinary surge in USD denominated issuances, making it one of the fastest-growing segments in the Asia-Pacific region. A few key themes are emerging as a result, including:
Increasing USD-denominated issuances are providing a gateway for global investors to tap into Taiwan’s equity-linked debt market.
Technology issuers are dominating the market, creating sectoral concentration risks but also liquidity benefits.
Diverse issuance across sectors such as healthcare, real estate, and industrials signal future market broadening.
This white paper offers perspective on the key trends shaping Taiwan’s CB market, sectoral dynamics, and reveals opportunities for investors and issuers alike.
