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They are conferred by the imposition of hands and the consecratory prayer which the liturgical books prescribe for the individual grades.
In the celebration of the Eucharist, by means of the consecratory Eucharistic Prayer, the actual substance of the bread and wine are changed into the body and blood of Christ.
The essential part of the rite is when the bishop silently lays his hands upon each candidate (followed by all priests present), before offering the consecratory prayer, addressed to God the Father, invoking the power of the Holy Spirit upon those being ordained.
After the consecratory prayer, the newly ordained is vested with the stole and chasuble of those belonging to the Ministerial Priesthood and then the bishop anoints his hands with chrism before presenting him with the holy chalice and paten which he will use when presiding at the Eucharist.