v3.26.1
Securities sold under repurchase agreements and interbank and institutional market funds
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Securities sold under repurchase agreements and interbank and institutional market funds Securities sold under repurchase agreements and interbank and institutional market funds
a) Securities sold under repurchase agreements
12/31/202512/31/2024
Amotized costAmotized cost
Assets pledged as collateral191,655 168,872 
Government securities102,108 126,565 
Corporate securities56,586 41,275 
Own issue2 2 
Foreign securities32,959 1,030 
Assets received as collateral164,447 118,867 
Right to sell or repledge the collateral78,505 101,048 
Total434,607 388,787 
Current363,308 345,633 
Non-current71,299 43,154 
b) Interbank market funds
12/31/202512/31/2024
Amortized costAmortized cost
Financial bills61,161 70,083 
Real estate credit bills71,121 52,112 
Rural credit bills64,644 49,744 
Guaranteed real estate bills64,438 64,491 
Import and export financing114,138 117,921 
Onlending domestic30,668 17,943 
Total406,170 372,294 
Current199,796 218,138 
Non-current206,374 154,156 
Funding for import and export financing represents credit facilities available for financing of imports and exports of Brazilian companies, in general denominated in foreign currency.
c) Institutional market funds
12/31/202512/31/2024
Amortized costAmortized cost
Subordinated debt48,147 45,224 
Debentures4,122 - 
Foreign loans through securities76,348 75,912 
Funding from structured operations certificates25,577 19,411 
Total154,194 140,547 
Current11,423 17,033 
Non-current142,771 123,514 
d) Subordinated debt, including perpetual debts
Name of security / currencyPrincipal amount (original currency)IssueMaturityReturn p.a.12/31/202512/31/2024
Subordinated financial bills - BRL
2,146 2019Perpetual114% of SELIC1,320 1,294 
935 2019PerpetualSELIC + 1.17% to 1.19%1,064 1,033 
450 20202029CDI + 1.85%- 715 
106 20202030IPCA + 4.64%181 166 
1,556 20202030CDI + 2%- 2,486 
5,488 20212031CDI + 2%9,843 8,443 
1,005 2022PerpetualCDI + 2.4%1,035 1,027 
1,161 20232034102% of CDI1,223 1,198 
108 20232034CDI + 0.2%115 112 
122 2023203410.63%127 126 
700 2023PerpetualCDI + 1.9%715 712 
107 20232034IPCA + 5.48%119 114 
530 20242034100% of CDI550 541 
3,100 20242034CDI + 0.65%3,711 3,226 
1,000 2024PerpetualCDI + 0.9%1,018 1,033 
2,830 2024PerpetualCDI + 1.1%2,832 2,834 
470 20242039102% of CDI488 481 
4,984 2025PerpetualCDI + 1.25%5,449 - 
3,000 2025PerpetualCDI + 1.15%3,108 - 
4,415 2025PerpetualCDI + 1.35%5,002 - 
Total37,900 25,541 
Subordinated euronotes - USD
750 2018Perpetual7.86%- 4,746 
700 2020Perpetual7.56%- 4,404 
501 202120313.88%2,755 3,080 
Total2,755 12,230 
Subordinated bonds - CLP
180,351 200820333.50% to 4.92%1,573 1,578 
97,962 200920354.75%1,256 1,248 
1,060,250 201020324.35%125 124 
1,060,250 201020353.90% to 3.96%289 286 
1,060,250 201020364.48%1,380 1,363 
1,060,250 201020383.93%1,005 993 
1,060,250 201020404.15% to 4.29%775 765 
1,060,250 201020424.45%378 373 
57,168 201420343.80%495 488 
Total7,276 7,218 
Subordinated bonds - COP
146,000 20132028IPC + 2%216 208 
Total216 208 
Subordinated bonds - USD
172 202520258.90%- 22 
878 202420247.18%- 5 
Total- 27 
Total48,147 45,224