Spanish term
Obligar cambiariamente
"Issue securities on behalf of the National Committee" was my original translation but having second thoughts....
Proposed translations
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
to obligate the National Committee to engage in foreign exchange transactions to issue...
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Note added at 2 hrs (2020-06-30 15:11:44 GMT)
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https://dle.rae.es/cambiario
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Note added at 2 hrs (2020-06-30 15:14:04 GMT)
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https://bcrvalores.com/wps/portal/valores/web/inicio/product...
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Luis M. Sosa
: Source text is a bit confusing. It seems to suggest 3 types of operations, namely (1) FX, (2) issue and trade bonds and (3) borrow money; but 1 makes sense only as a prerequisite of 2 and 3.
3 hrs
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Thanks!
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philgoddard
: I'm not sure about this. Your first reference says bills of exchange.
3 hrs
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https://bcrvalores.com/wps/portal/valores/web/inicio/product...
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Uruguay
Especialización en traducción jurídica
Native in: Spanish 
Works in: English to Spanish, Spanish to English
The National Committee shall trade, issue securities...
Mexico
Trilingually educated, globally trained.
Native in: English (Variants: British, US)
Works in: Spanish to English, French to English, English to Spanish, and 4 more.
issue securities on behalf of the National Committee
As I understand it, "obligar cambiaramente" just means to bind XXX (in this case, the National Committee) by issuing instruments (think "letras de cambio") payable in their name.
I don't think it has anything to do with foreign currency exchange here.
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish)
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Bind the National Committee by (BrE) bill of exchange (AmE) negotiable instrument
But cambiario also has an exchange control meaning e.g. riesgos de paridad cambiaria; exchange parity risks.
El Director General; the Director General / Managing Director shall have the power and obligation to:
Bind the National Committee e.g. by making it a debtor of a bill of exchange or neg. instr., (and) to issue credit instruments and arrange credit dealings...
Also see, in the second sentence, Mexican LEY GENERAL DE TÍTULOS Y OPERACIONES DE CRÉDITO Diario Oficial de la Federación 27 de agosto de 1932 Última reforma publicada DOF 13 de junio de 2014
Ley mex. de la Sustentabilidad de la caña de azucar Artículo 17.- El Director General tendrá las siguientes facultades y obligaciones
Artículo 101.- La aceptación de una letra de cambio obliga al aceptante a pagarla a su vencimiento, aun cuando el girador hubiere quebrado antes de la aceptación. El aceptante queda obligado cambiariamente también con el girador; pero carece de ac
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Biz_84
: I think this is the right idea.
1 day 21 hrs
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Thx. Your surname rings a bell.. Art 101 El aceptante queda obligado cambiariamente también con el girador can only mean > remains bound under the BoE (neg. instr. in BrE is far wider), also with the drawer-
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Discussion
The proz translation skips the word 'cambiariamente'