| FUNDS FROM SECURITIES ISSUED |
| 19) | | FUNDS FROM SECURITIES ISSUED |
| a) | Composition by type of security issued and location |
| Schedule of composition by type of security issued and location |
|
|
| |
R$ thousands |
| On December 31, 2025 |
On December 31, 2024 |
| Instruments Issued – Brazil: |
|
- |
| Real estate credit notes |
75,321,675 |
55,865,741 |
| Agribusiness notes |
54,287,950 |
46,738,613 |
| Financial bills |
135,672,973 |
106,220,794 |
| Covered Bonds |
23,600,199 |
35,805,829 |
| Subtotal |
288,882,797 |
244,630,977 |
| Securities – Overseas: |
|
- |
| MTN Program Issues (1) |
11,423,465 |
9,529,345 |
| Subtotal |
11,423,465 |
9,529,345 |
| Structured Operations Certificates |
5,954,420 |
3,817,022 |
| Total |
306,260,682 |
257,977,344 |
| (1) | | Issuance of securities on the international market to invest in foreign exchange transactions,
pre-export financing, import financing and working capital financing, predominately in the medium and long-term. |
| b) | Changes in securities issued |
| Schedule of changes in securities issued |
|
|
| |
R$ thousands |
| 2025 |
2024 |
| Opening balances on January 1 |
257,977,344 |
244,966,258 |
| Issuance |
156,468,949 |
54,734,757 |
| Interest accrued |
32,907,338 |
27,427,073 |
| Settlement and interest payments |
(143,196,203) |
(70,199,968) |
| Exchange variation and others |
2,103,254 |
1,049,224 |
| Closing balance on December 31 |
306,260,682 |
257,977,344 |
|