← Investment Banking

Bond Issuance (DCM)

Raising debt for a company or government — from the funding pitch through documentation, marketing, pricing and settlement.

1.1Market updatemacro-rates-monitordeck-refresh

Keep issuers informed on rates, spreads and recent deals.

Delivers
Market update
Led by
Analyst · with Associate, Markets side
1.2Funding analysis1 wanted

Maturity profile, refinancing needs, currency and tenor options.

Delivers
Funding recommendation
Led by
Associate · with Analyst
Wanted

debt-maturity-profile Build an issuer's maturity wall and refinancing schedule from its outstanding debt.

1.3Indicative pricingbond-relative-valueswap-curve-strategy1 wanted

Where a new bond would price — the issuer's curve, peer bonds, new issue premium.

Delivers
Pricing indication
Led by
Markets side · with Associate
Wanted

new-issue-pricing Estimate fair value and new issue premium for a new bond from the issuer curve and comparable issues.

1.4Pitchpitch-deckib-check-deck

Structure recommendation, pricing view, credentials.

Delivers
Pitch book
Led by
Associate · with Analyst, Vice President / Director, Managing Director