Citi DeckEasy

What is the difference between DCM and ECM, and what does each actually do day to day?

Model answer

DCM (debt capital markets) helps clients raise debt: investment-grade and high-yield bonds and related products, priced as a spread over a benchmark. ECM (equity capital markets) helps clients raise…

The full, human-reviewed answer is in the bank.

Sign up free and Daily 10 serves you 10 questions a day from all 2,000+ — or go Pro for unlimited reps.

More from Citi Deck

Browse all topics