<?xml version="1.0" ?>
<informationTable xsi:schemaLocation="http://www.sec.gov/edgar/document/thirteenf/informationtable eis_13FDocument.xsd" xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:n1="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <infoTable>
    <nameOfIssuer>ACORDA THERAPEUTICS INC</nameOfIssuer>
    <titleOfClass>NOTE 1.750% 6/1</titleOfClass>
    <cusip>00484MAA4</cusip>
    <value>616</value>
    <shrsOrPrnAmt>
      <sshPrnamt>700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>AIR LEASE CORP</nameOfIssuer>
    <titleOfClass>NOTE 3.875%12/0</titleOfClass>
    <cusip>00912XAK0</cusip>
    <value>849</value>
    <shrsOrPrnAmt>
      <sshPrnamt>700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ALLERGAN PLC</nameOfIssuer>
    <titleOfClass>PFD CONV SER A</titleOfClass>
    <cusip>G0177J116</cusip>
    <value>333</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>AMAG PHARMACEUTICALS INC</nameOfIssuer>
    <titleOfClass>NOTE 2.500% 2/1</titleOfClass>
    <cusip>00163UAA4</cusip>
    <value>223</value>
    <shrsOrPrnAmt>
      <sshPrnamt>200000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>200000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>BIOMARIN PHARMACEUTICAL INC</nameOfIssuer>
    <titleOfClass>NOTE 1.500%10/1</titleOfClass>
    <cusip>09061GAF8</cusip>
    <value>1043</value>
    <shrsOrPrnAmt>
      <sshPrnamt>900000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>900000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>BOTTOMLINE TECH DEL INC</nameOfIssuer>
    <titleOfClass>NOTE 1.500%12/0</titleOfClass>
    <cusip>101388AA4</cusip>
    <value>1004</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CANADIAN SOLAR INC</nameOfIssuer>
    <titleOfClass>NOTE 4.250% 2/1</titleOfClass>
    <cusip>136635AE9</cusip>
    <value>335</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CARRIAGE SVCS INC</nameOfIssuer>
    <titleOfClass>NOTE 2.750% 3/1</titleOfClass>
    <cusip>143905AM9</cusip>
    <value>4710</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CEMEX SAB DE CV</nameOfIssuer>
    <titleOfClass>NOTE 3.720% 3/1</titleOfClass>
    <cusip>151290BR3</cusip>
    <value>281</value>
    <shrsOrPrnAmt>
      <sshPrnamt>300000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>300000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CEPHEID</nameOfIssuer>
    <titleOfClass>DBCV 1.250% 2/0</titleOfClass>
    <cusip>15670RAC1</cusip>
    <value>5891</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CHART INDS INC</nameOfIssuer>
    <titleOfClass>NOTE 2.000% 8/0</titleOfClass>
    <cusip>16115QAC4</cusip>
    <value>842</value>
    <shrsOrPrnAmt>
      <sshPrnamt>900000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>900000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CITRIX SYS INC</nameOfIssuer>
    <titleOfClass>NOTE 0.500% 4/1</titleOfClass>
    <cusip>177376AD2</cusip>
    <value>1669</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CORNERSTONE ONDEMAND INC</nameOfIssuer>
    <titleOfClass>NOTE 1.500% 7/0</titleOfClass>
    <cusip>21925YAB9</cusip>
    <value>411</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CTRIP COM INTL LTD</nameOfIssuer>
    <titleOfClass>NOTE 1.250%10/1</titleOfClass>
    <cusip>22943FAD2</cusip>
    <value>4900</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ECHO GLOBAL LOGISTICS INC</nameOfIssuer>
    <titleOfClass>NOTE 2.500% 5/0</titleOfClass>
    <cusip>27875TAA9</cusip>
    <value>1045</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1100000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1100000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>EURONET WORLDWIDE INC</nameOfIssuer>
    <titleOfClass>NOTE 1.500%10/0</titleOfClass>
    <cusip>298736AH2</cusip>
    <value>6088</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5300000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5300000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>FORESTAR GROUP INC</nameOfIssuer>
    <titleOfClass>NOTE 3.750% 3/0</titleOfClass>
    <cusip>346232AB7</cusip>
    <value>824</value>
    <shrsOrPrnAmt>
      <sshPrnamt>900000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>900000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GENERAL CABLE CORP DEL NEW</nameOfIssuer>
    <titleOfClass>FRNT 4.500%11/1</titleOfClass>
    <cusip>369300AL2</cusip>
    <value>174</value>
    <shrsOrPrnAmt>
      <sshPrnamt>300000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>300000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GOGO INC</nameOfIssuer>
    <titleOfClass>NOTE 3.750% 3/0</titleOfClass>
    <cusip>38046CAB5</cusip>
    <value>2738</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>HURON CONSULTING GROUP INC</nameOfIssuer>
    <titleOfClass>NOTE 1.250%10/0</titleOfClass>
    <cusip>447462AB8</cusip>
    <value>4556</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ILLUMINA INC</nameOfIssuer>
    <titleOfClass>NOTE 0.500% 6/1</titleOfClass>
    <cusip>452327AH2</cusip>
    <value>6015</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>INTEGRATED DEVICE TECHNOLOGY</nameOfIssuer>
    <titleOfClass>NOTE 0.875%11/1</titleOfClass>
    <cusip>458118AB2</cusip>
    <value>5842</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>INTEL CORP</nameOfIssuer>
    <titleOfClass>SDCV 12/1</titleOfClass>
    <cusip>458140AD2</cusip>
    <value>9564</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>INTERACTIVE INTELLIGENCE GRO</nameOfIssuer>
    <titleOfClass>NOTE 1.250% 6/0</titleOfClass>
    <cusip>45841VAB5</cusip>
    <value>5708</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>INVENSENSE INC</nameOfIssuer>
    <titleOfClass>NOTE 1.750%11/0</titleOfClass>
    <cusip>46123DAB2</cusip>
    <value>466</value>
    <shrsOrPrnAmt>
      <sshPrnamt>500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ISIS PHARMACEUTICALS INC DEL</nameOfIssuer>
    <titleOfClass>NOTE 1.000%11/1</titleOfClass>
    <cusip>464337AJ3</cusip>
    <value>4944</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>JAZZ INVESTMENTS I LTD</nameOfIssuer>
    <titleOfClass>NOTE 1.875% 8/1</titleOfClass>
    <cusip>472145AB7</cusip>
    <value>5570</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5200000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5200000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>LIGAND PHARMACEUTICALS INC</nameOfIssuer>
    <titleOfClass>NOTE 0.750% 8/1</titleOfClass>
    <cusip>53220KAD0</cusip>
    <value>1668</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>LINKEDIN CORP</nameOfIssuer>
    <titleOfClass>NOTE 0.500%11/0</titleOfClass>
    <cusip>53578AAB4</cusip>
    <value>2966</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>3000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MEDIDATA SOLUTIONS INC</nameOfIssuer>
    <titleOfClass>NOTE 1.000% 8/0</titleOfClass>
    <cusip>58471AAB1</cusip>
    <value>3249</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>3000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MICRON TECHNOLOGY INC</nameOfIssuer>
    <titleOfClass>NOTE 3.000%11/1</titleOfClass>
    <cusip>595112AY9</cusip>
    <value>4375</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NATIONAL HEALTH INVS INC</nameOfIssuer>
    <titleOfClass>NOTE 3.250% 4/0</titleOfClass>
    <cusip>63633DAE4</cusip>
    <value>7718</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NETSUITE INC</nameOfIssuer>
    <titleOfClass>NOTE 0.250% 6/0</titleOfClass>
    <cusip>64118QAB3</cusip>
    <value>785</value>
    <shrsOrPrnAmt>
      <sshPrnamt>800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NEVRO CORP</nameOfIssuer>
    <titleOfClass>NOTE 1.750% 6/0</titleOfClass>
    <cusip>64157FAA1</cusip>
    <value>1040</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NVIDIA CORP</nameOfIssuer>
    <titleOfClass>NOTE 1.000%12/0</titleOfClass>
    <cusip>67066GAC8</cusip>
    <value>9568</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4100000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4100000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NXP SEMICONDUCTORS N V</nameOfIssuer>
    <titleOfClass>DBCV 1.000%12/0</titleOfClass>
    <cusip>62952QAB6</cusip>
    <value>6518</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ON SEMICONDUCTOR CORP</nameOfIssuer>
    <titleOfClass>NOTE 1.000%12/0</titleOfClass>
    <cusip>682189AK1</cusip>
    <value>6300</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ON SEMICONDUCTOR CORP</nameOfIssuer>
    <titleOfClass>NOTE 2.625%12/1</titleOfClass>
    <cusip>682189AH8</cusip>
    <value>415</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PALO ALTO NETWORKS INC</nameOfIssuer>
    <titleOfClass>NOTE 7/0</titleOfClass>
    <cusip>697435AB1</cusip>
    <value>3446</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PRICELINE GRP INC</nameOfIssuer>
    <titleOfClass>NOTE 0.350% 6/1</titleOfClass>
    <cusip>741503AS5</cusip>
    <value>7058</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PRICELINE GRP INC</nameOfIssuer>
    <titleOfClass>NOTE 1.000% 3/1</titleOfClass>
    <cusip>741503AQ9</cusip>
    <value>974</value>
    <shrsOrPrnAmt>
      <sshPrnamt>700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>QUIDEL CORP</nameOfIssuer>
    <titleOfClass>NOTE 3.250%12/1</titleOfClass>
    <cusip>74838JAA9</cusip>
    <value>935</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>REDWOOD TR INC</nameOfIssuer>
    <titleOfClass>NOTE 4.625% 4/1</titleOfClass>
    <cusip>758075AB1</cusip>
    <value>1184</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1200000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1200000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ROYAL GOLD INC</nameOfIssuer>
    <titleOfClass>NOTE 2.875% 6/1</titleOfClass>
    <cusip>780287AA6</cusip>
    <value>427</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>RTW HLDGS INC</nameOfIssuer>
    <titleOfClass>NOTE 5.625%11/1</titleOfClass>
    <cusip>749772AB5</cusip>
    <value>5877</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SALESFORCE COM INC</nameOfIssuer>
    <titleOfClass>NOTE 0.250% 4/0</titleOfClass>
    <cusip>79466LAD6</cusip>
    <value>7511</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SERVICENOW INC</nameOfIssuer>
    <titleOfClass>NOTE 11/0</titleOfClass>
    <cusip>81762PAB8</cusip>
    <value>1116</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SOLARCITY CORP</nameOfIssuer>
    <titleOfClass>NOTE 1.625%11/0</titleOfClass>
    <cusip>83416TAC4</cusip>
    <value>1375</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SOLARCITY CORP</nameOfIssuer>
    <titleOfClass>NOTE 2.750%11/0</titleOfClass>
    <cusip>83416TAA8</cusip>
    <value>227</value>
    <shrsOrPrnAmt>
      <sshPrnamt>300000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>300000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SOUTHWESTERN ENERGY CO</nameOfIssuer>
    <titleOfClass>DEP SHS 1/20 B</titleOfClass>
    <cusip>845467208</cusip>
    <value>360</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>12000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPECTRANETICS CORP</nameOfIssuer>
    <titleOfClass>MTNF 2.625% 6/0</titleOfClass>
    <cusip>84760CAA5</cusip>
    <value>356</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPIRIT RLTY CAP INC NEW</nameOfIssuer>
    <titleOfClass>NOTE 3.750% 5/1</titleOfClass>
    <cusip>84860WAB8</cusip>
    <value>896</value>
    <shrsOrPrnAmt>
      <sshPrnamt>800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>STILLWATER MNG CO</nameOfIssuer>
    <titleOfClass>NOTE 1.750%10/1</titleOfClass>
    <cusip>86074QAL6</cusip>
    <value>457</value>
    <shrsOrPrnAmt>
      <sshPrnamt>400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SYNCHRONOSS TECHNOLOGIES INC</nameOfIssuer>
    <titleOfClass>NOTE 0.750% 8/1</titleOfClass>
    <cusip>87157BAA1</cusip>
    <value>793</value>
    <shrsOrPrnAmt>
      <sshPrnamt>800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>T MOBILE US INC</nameOfIssuer>
    <titleOfClass>CONV PFD SER A</titleOfClass>
    <cusip>872590203</cusip>
    <value>734</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>10000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TAKE-TWO INTERACTIVE SOFTWAR</nameOfIssuer>
    <titleOfClass>NOTE 1.000% 7/0</titleOfClass>
    <cusip>874054AD1</cusip>
    <value>895</value>
    <shrsOrPrnAmt>
      <sshPrnamt>500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TESARO INC</nameOfIssuer>
    <titleOfClass>NOTE 3.000%10/0</titleOfClass>
    <cusip>881569AA5</cusip>
    <value>1256</value>
    <shrsOrPrnAmt>
      <sshPrnamt>500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>THERAVANCE INC</nameOfIssuer>
    <titleOfClass>NOTE 2.125% 1/1</titleOfClass>
    <cusip>88338TAB0</cusip>
    <value>242</value>
    <shrsOrPrnAmt>
      <sshPrnamt>300000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>300000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TRULIA INC</nameOfIssuer>
    <titleOfClass>NOTE 2.750%12/1</titleOfClass>
    <cusip>897888AB9</cusip>
    <value>313</value>
    <shrsOrPrnAmt>
      <sshPrnamt>200000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>200000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TTM TECHNOLOGIES INC</nameOfIssuer>
    <titleOfClass>NOTE 1.750%12/1</titleOfClass>
    <cusip>87305RAD1</cusip>
    <value>780</value>
    <shrsOrPrnAmt>
      <sshPrnamt>800000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>800000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TWITTER INC</nameOfIssuer>
    <titleOfClass>NOTE 1.000% 9/1</titleOfClass>
    <cusip>90184LAD4</cusip>
    <value>6435</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7200000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7200000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VIPSHOP HLDGS LTD</nameOfIssuer>
    <titleOfClass>NOTE 1.500% 3/1</titleOfClass>
    <cusip>92763WAA1</cusip>
    <value>5424</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5500000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5500000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WEB COM GROUP INC</nameOfIssuer>
    <titleOfClass>NOTE 1.000% 8/1</titleOfClass>
    <cusip>94733AAA2</cusip>
    <value>4619</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WRIGHT MED GROUP INC</nameOfIssuer>
    <titleOfClass>NOTE 2.000% 2/1</titleOfClass>
    <cusip>98235TAE7</cusip>
    <value>5512</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6000000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6000000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>YAHOO INC</nameOfIssuer>
    <titleOfClass>NOTE 12/0</titleOfClass>
    <cusip>984332AF3</cusip>
    <value>6717</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6700000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6700000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>YANDEX NV</nameOfIssuer>
    <titleOfClass>NOTE 1.125%12/1</titleOfClass>
    <cusip>98474TAB3</cusip>
    <value>4097</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4400000</sshPrnamt>
      <sshPrnamtType>PRN</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4400000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
</informationTable>
