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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2020
Long-term Debt, Unclassified [Abstract]  
Schedule of long-term debt instruments Interest rates and maturity dates in effect at December 31, 2020 are shown in the below table.
At December 31,
Maturity Date
Range
Interest Rate
Range
Interest Rate
Weighted
Average
20202019
 (in millions)
Issued or acquired by HSBC USA:
Senior debt:
Fixed-rate notes2024-2025
3.50% - 4.20%
4.01%$2,990 $6,231 
Structured notes2021-2045
.15% - 2.54%
.76%7,938 7,995 
Total senior debt10,928 14,226 
Subordinated debt:
Fixed-rate notes2021-2097
7.20% - 9.30%
8.09%422 1,172 
Floating-rate notes20252.43%2.43%850 850 
Total subordinated debt1,272 2,022 
Mark-to-market adjustment on fair value option debt1,344 1,195 
Total issued or acquired by HSBC USA13,544 17,443 
Issued or acquired by HSBC Bank USA and its subsidiaries:
Senior debt:
Fixed-rate notes 5,124 
Floating-rate notes2024-2040
.03% - .94%
.39%42 29 
Structured notes2021-2027
(.55)% - 3.04%
1.14%394 192 
FHLB advances - fixed-rate2021
.80% - 1.12%
.92%3,250 — 
FHLB advances - floating-rate2036.30%.30%1,000 1,000 
Total senior debt4,686 6,345 
Subordinated fixed-rate notes2034-2039
5.63% - 7.00%
6.36%1,441 2,685 
Mark-to-market adjustment on fair value option debt308 224 
Total issued or acquired by HSBC Bank USA and its subsidiaries
6,435 9,254 
Total long-term debt$19,979 $26,697 
Maturities of long-term debt
Maturities of long-term debt at December 31, 2020 were as follows:
  
(in millions)
2021$6,480 
20222,886 
20231,521 
20241,457 
20253,854 
Thereafter3,781 
Total$19,979