A multi-phase converter comprising 2N+1 inductors; and 2N+1 switching converters parallel connected and each including a switched node; wherein N is an even integer, a pair of said inductors are coupled and wound about a common core and each said coupled inductor is connected at one pole thereof to a respective switched node and at another pole thereof to an output node, and at least one of said inductors is uncoupled from the other inductors.