

Debt Capital Markets (DCM) facilitate the raising of funds by eligible issuers through the issuance of corporate bonds, debentures and other permitted debt securities. DCM activities may include origination, structuring, arrangement, underwriting, placement and distribution of debt instruments, subject to applicable regulatory requirements and requisite authorisations. The corporate bond market provides issuers with access to diversified sources of funding and investors with opportunities across different maturities, credit profiles and risk-return characteristics. DCM intermediaries support issuers and eligible investors through efficient execution, market access and distribution, while maintaining transparency, adequate disclosures, investor protection, sound risk management and compliance with applicable laws and regulations.