Debt securities are financial instruments issued by parties to raise capital, with terms including interest rates and maturity dates. Christopher Michael Pan, a corporate finance professional, highlights the role of investment banks in facilitating financial services and underwriting these securities. Examples of debt securities include government bonds, corporate bonds, and certificates of deposits.

1. WHAT IS A DEBT
SECURITY?
Christopher Michael Pan

2. Introduction
 Christopher Michael Pan is an established
professional in the corporate finance industry with
experience in a wide range of senior roles at large
financial firms. A graduate of Kingston University,
Christopher Michael Pan holds over two decades
of global industry experience applying his
expertise to financial projects including
governance, startup financing, corporate finance,
and investment banking.
Investment banking refers to the activities
performed by investment banks, which includes
large financial institutions such as Barclays, Merrill
Lynch, Deutsche Bank, and Morgan Stanley.

3. Debt Security
 These banks perform a wide range of financial
services that include facilitating mergers, performing
retail operations, acting as financial intermediaries,
and underwriting debt securities.
Debt securities are a form of debt instrument that can
be bought and sold on the financial markets. A debt
security is released by an issuing party to raise capital
and the issuing party then agrees to repay the
purchasing party under specific terms that include
such items as interest rates and maturity dates.
Examples of debt securities include government,
municipal, and corporate bonds, certificate of
deposits, and preferred stock.