HSBC Bank Argentina SA will offer two series of negotiable bonds worth up to 10.0 billion Argentine pesos on March 22, according to securities filings.
The bank will auction 36-month series 9 bonds worth up to 2.0 billion pesos, expandable up to 5.0 billion pesos. It will also offer 18-month series 10 securities worth up to 2.0 billion pesos, expandable up to 5.0 billion pesos.
The notes will be issued March 27 and are part of a bond program worth up to US$1.00 billion, or its equivalent in other currencies.
As of March 19, US$1 was equivalent to 20.26 Argentine pesos.