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		<nameOfIssuer>AeroVironment 0.000 15-Jul-2030</nameOfIssuer>
		<titleOfClass>GLOBAL</titleOfClass>
		<cusip>008073AA6</cusip>
		<value>1312</value>
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			<Shared>100</Shared>
			<None>1400</None>
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		<nameOfIssuer>Alibaba Group 0.500 01-Jun-2031</nameOfIssuer>
		<titleOfClass>GLOBAL</titleOfClass>
		<cusip>01609WBG6</cusip>
		<value>3423</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2740</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>400</Shared>
			<None>2340</None>
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		<nameOfIssuer>Alnylam Pharma 1.000 15-Sep-2027</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>02043QAB3</cusip>
		<value>2435</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2250</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>280</Shared>
			<None>1970</None>
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		<nameOfIssuer>Alphabet C 6.250 15-May-2029 PEPS B</nameOfIssuer>
		<titleOfClass>PUBLIC</titleOfClass>
		<cusip>02079K602</cusip>
		<value>6048</value>
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			<sshPrnamt>125000</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>14600</Shared>
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		<nameOfIssuer>ANI Pharma 2.250 01-Sep-2029</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>00182CAC7</cusip>
		<value>2643</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2250</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>279</Shared>
			<None>1971</None>
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		<nameOfIssuer>Cloudflare 0.000 15-Jun-2030</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>18915MAF4</cusip>
		<value>2719</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1730</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>220</Shared>
			<None>1510</None>
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		<nameOfIssuer>CMS Energy 3.375 01-May-2028</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>125896BX7</cusip>
		<value>4317</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4300</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>570</Shared>
			<None>3730</None>
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		<nameOfIssuer>Coca-Cola Co/The</nameOfIssuer>
		<titleOfClass>Common Stock</titleOfClass>
		<cusip>191216100</cusip>
		<value>1007</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1400</Shared>
			<None>10200</None>
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	<infoTable>
		<nameOfIssuer>CyberArk Software (Palo Alto) 0.000 15-Jun-2030</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>23248VAD7</cusip>
		<value>5581</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3000</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>400</Shared>
			<None>2600</None>
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		<nameOfIssuer>Datadog 0.000 01-Dec-2029</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>23804LAD5</cusip>
		<value>1981</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1380</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>180</Shared>
			<None>1200</None>
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		<nameOfIssuer>DoorDash 0.000 15-May-2030</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>25809KAB1</cusip>
		<value>3037</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3200</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>350</Shared>
			<None>2850</None>
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		<nameOfIssuer>GDS Holdings 2.250 01-Jun-2032</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>36165LAD0</cusip>
		<value>1770</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1450</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>199</Shared>
			<None>1251</None>
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	<infoTable>
		<nameOfIssuer>InterDigital 3.500 01-Jun-2027</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>45867GAD3</cusip>
		<value>4962</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1170</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>140</Shared>
			<None>1030</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>iRhythm Technologies 1.500 01-Sep-2029</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>450056AB2</cusip>
		<value>2872</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2700</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>350</Shared>
			<None>2350</None>
		</votingAuthority>
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		<nameOfIssuer>Ishares Gold Trust</nameOfIssuer>
		<titleOfClass>ETP</titleOfClass>
		<cusip>464285204</cusip>
		<value>410</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7400</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>7400</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>Itron 1.375 15-Jul-2030</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>465741AQ9</cusip>
		<value>2206</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2300</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>360</Shared>
			<None>1940</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>JD.com 0.250 01-Jun-2029</nameOfIssuer>
		<titleOfClass>GLOBAL</titleOfClass>
		<cusip>47215PAJ5</cusip>
		<value>175</value>
		<shrsOrPrnAmt>
			<sshPrnamt>180</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>180</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>Macom Tech 0.000 15-Dec-2029 (Exch)</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>55405YAD2</cusip>
		<value>3643</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2040</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>200</Shared>
			<None>1840</None>
		</votingAuthority>
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		<nameOfIssuer>Microsoft Corp</nameOfIssuer>
		<titleOfClass>Common Stock</titleOfClass>
		<cusip>594918104</cusip>
		<value>4723</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9280</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1160</Shared>
			<None>8120</None>
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		<nameOfIssuer>MSCI Inc</nameOfIssuer>
		<titleOfClass>Common Stock</titleOfClass>
		<cusip>55354G100</cusip>
		<value>648</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1200</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>200</Shared>
			<None>1000</None>
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	<infoTable>
		<nameOfIssuer>NextEra Energy 7.375 15-Feb-2029 PEPS</nameOfIssuer>
		<titleOfClass>PUBLIC</titleOfClass>
		<cusip>65339F655</cusip>
		<value>3024</value>
		<shrsOrPrnAmt>
			<sshPrnamt>70300</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7700</Shared>
			<None>62600</None>
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	<infoTable>
		<nameOfIssuer>Nutanix 0.250 01-Oct-2027 (Exch)</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>67059NAH1</cusip>
		<value>2203</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1700</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>200</Shared>
			<None>1500</None>
		</votingAuthority>
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		<nameOfIssuer>Oracle 6.500 15-Jan-2029 PEPS D</nameOfIssuer>
		<titleOfClass>PUBLIC</titleOfClass>
		<cusip>68389X204</cusip>
		<value>2198</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49800</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6400</Shared>
			<None>43400</None>
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		<nameOfIssuer>Post Holdings 2.500 15-Aug-2027</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>737446AT1</cusip>
		<value>2391</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2430</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>330</Shared>
			<None>2100</None>
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		<nameOfIssuer>Rapid7 1.250 15-Mar-2029</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>753422AH7</cusip>
		<value>355</value>
		<shrsOrPrnAmt>
			<sshPrnamt>400</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>400</None>
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		<nameOfIssuer>Rubrik 0.000 15-Jun-2030</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>781154AD1</cusip>
		<value>2135</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1800</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>200</Shared>
			<None>1600</None>
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		<nameOfIssuer>Sarepta Therapeutics 1.250 15-Sep-2027</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>803607AD2</cusip>
		<value>381</value>
		<shrsOrPrnAmt>
			<sshPrnamt>400</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>400</None>
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		<nameOfIssuer>Snowflake 0.000 01-Oct-2029</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>833445AD1</cusip>
		<value>3760</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1700</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>200</Shared>
			<None>1500</None>
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		<nameOfIssuer>Uber Technologies 0.875 01-Dec-2028</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>90353TAM2</cusip>
		<value>5647</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4950</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>620</Shared>
			<None>4330</None>
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		<nameOfIssuer>Western Digital 3.000 15-Nov-2028</nameOfIssuer>
		<titleOfClass>US DOMESTIC</titleOfClass>
		<cusip>958102AT2</cusip>
		<value>481</value>
		<shrsOrPrnAmt>
			<sshPrnamt>40</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>40</Shared>
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