Origin
Bustos Domecq made his first appearance as F. (Francisco) Bustos, the pseudonym under which Borges, in 1933, published his first fictional story, now known as "Hombre de la esquina rosada", ("Man from the Pink Corner") but originally titled "Hombre de las orillas" ("Man from the Slums" or more literally "Man from the Outskirts"), Francisco Bustos being the name of "one forefather's forefather".
He changed his first initial and acquired a second surname (which in Argentina connotes either "old money" or simply, as in the rest of Latin America, the mother's maiden name) as Borges and Bioy Casares later used the pseudonym "H. Bustos Domecq" for some of their lighter works. According to Borges, Bustos was the name of one of his great-grandfathers, while Domecq was the name of one of Bioy's great-grandfathers.
Read more about this topic: H. Bustos Domecq
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