Investment Banking and Debt Capital Markets (DCM) Explained — What Bankers Actually Do

Описание: Debt Capital Markets (DCM) is where investment banks help companies and governments raise money by issuing bonds. In this video, I break down DCM in simple terms—what it is, who does what, and how a deal actually happens.
If you’re exploring Investment Banking, this is the cleanest DCM overview in under 8 minutes.

What you’ll learn
• What DCM is (and how it differs from loans / corporate banking)
• Bonds 101: yield, coupon, maturity, credit rating
• The DCM deal process: origination → structuring → pricing → syndication
→ secondary trading
• Where bankers add value (timing, pricing, investor demand, execution)

Chapters
00:00 What DCM is
00:40 Why companies issue bonds
01:35 Bonds basics (coupon, yield, maturity)
02:35 Credit rating & spreads
03:35 How a DCM deal works (step-by-step)
05:30 Who’s involved (issuer, bank, investors)
06:30 DCM vs Loans vs ECM
07:25 Key takeaways

Resources
• DCM definition + role overview (Wall Street Prep): (add link) 
• DCM careers guide (M&I): (add link) 

Disclaimer: Educational content only — not financial advice.

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#investmentbanking #debtcapitalmarkets #finance
• debt capital markets
• dcm explained
• investment banking explained
• bonds explained
• bond issuance
• capital markets
• ecm vs dcm
• fixed income basics
• syndication explained
• credit spreads
• investment banking career
• corporate finance