This document is a pricing supplement for HSBC USA Inc.'s Barrier Notes linked to the performance of the Brazilian Real relative to the U.S. Dollar. The notes are senior unsecured debt obligations maturing on March 27, 2014, with a principal amount of $1,000 per note. The document outlines the terms, risks, and potential returns of the investment, which is subject to the issuer's credit risk. The notes do not guarantee any return of principal, and investors may lose up to 100% of their initial investment. The document also discusses tax treatment, market disruption events, and the lack of liquidity for the notes.
documents/EFTA01140705.pdf
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