| Schedule of debt instruments eligible to compose capital |
| Schedule of debt
instruments eligible to compose capital |
|
|
|
|
|
|
| Thousand of Reais |
Issuance |
Maturity |
Value (in millions) |
Interest Rate (p.a.) |
2025 |
2024 |
| Financial Bills - Tier II (2) |
Nov-21 |
Nov-31 |
R$5,300 |
CDI+2% |
9,321,771 |
7,995,673 |
| Financial Bills - Tier II (2) |
Dec-21 |
Dec-31 |
R$200 |
CDI+2% |
351,467 |
301,468 |
| Financial Bills - Tier II (2) |
Oct-23 |
Oct-33 |
R$6,000 |
CDI+1.6% |
8,070,433 |
6,949,991 |
| Financial Bills - Tier I (2) |
Sep-24 |
No Term
(Perpetual) |
R$7,600 |
CDI+1,4% |
7,982,784 |
7,890,652 |
| Financial Bills - Tier I |
Dec-25 |
Dec-35 |
R$2,363 |
CDI+0,65% |
2,387,482 |
- |
| Total |
|
|
|
|
28,113,937 |
23,137,784 |
| (1) |
Financial Letters issued in November 2021, November 2024 and December 2025 have a redemption and repurchase option. |
| (2) |
Financial Letters issued in September 2024 have a redemption and repurchase option, and have interest paid semi-annually, starting on
March 5, 2025. |
|
| Schedule of changes in debt instruments eligible to compose capital |
| Schedule of changes in debt instruments eligible to compose capital |
|
|
|
| |
2025 |
2024 |
2023 |
| Balances at the beginning of the fiscal year |
23,137,784 |
19,626,967 |
19,641,408 |
| Issuance |
2,362,800 |
7,600,200 |
6,000,000 |
| Interest payment Tier I (1) |
1,162,752 |
786,823 |
461,186 |
| Interest payment Tier II (1) |
2,521,221 |
1,736,383 |
1,464,586 |
| Exchange differences / Others |
- |
1,051,377 |
(614,496) |
| Payments
of interest - Tier I and II |
(1,070,620) |
(132,243) |
(713,974) |
| Repurchase |
- |
(7,531,723) |
(6,507,953) |
| Balance at the end of the fiscal year |
28,113,937 |
23,137,784 |
19,626,967 |
| (1) |
Interest remuneration related to Tier 1 and Tier 2 Debt Instruments Eligible as Capital was recorded in the period’s results as
“Interest and Similar Expenses” (Note 32). |
|