Debt Capital Markets

Debt Capital Markets (DCM) refer to the financial channels through which companies and governments raise funds by issuing debt instruments like bonds or notes. Investors lend money to these entities in exchange for regular interest payments and the return of principal at maturity. DCM professionals help structure, price, and distribute these securities, connecting issuers seeking capital with investors looking for stable income. Essentially, it’s a marketplace for borrowing and lending that facilitates large-scale funding without giving up ownership, enabling entities to finance projects, operations, or infrastructure efficiently.