Securities sold under repurchase agreements and interbank and institutional market funds

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

Securities sold under repurchase agreements and interbank and institutional market funds

Note 17 – Securities sold under repurchase agreements and interbank and institutional market funds

a) Securities sold under repurchase agreements

The table below shows the breakdown of funds:

		12/31/2021						12/31/2020
	Interest rate (p.a.)	Current		Non- current		Total		Current		Non- current		Total
Assets pledged as collateral			94,899		81		94,980		45,961		564		46,525
Government securities	95% of CDI to 9.15%		67,060		—		67,060		22,088		—		22,088
Corporate securities	45% of CDI to 100% of CDI		25,676		—		25,676		20,773		—		20,773
Own issue	100.5% of CDI to 16.40%		1		20		21		1,965		20		1,985
Foreign	0.21% to 3.12%		2,162		61		2,223		1,135		544		1,679
Assets received as collateral	8.8% to 9.15%		105,036		—		105,036		151,370		—		151,370
Right to sell or repledge the collateral	0.15% to 10.0%		43,260		9,572		52,832		50,491		24,978		75,469
Total			243,195		9,653		252,848		247,822		25,542		273,364

b) Interbank market funds

		12/31/2021						12/31/2020
	Interest rate (p.a.)	Current		Non- current		Total		Current		Non- current		Total
Financial bills	3.40 to IGPM + 3.95%		20,310		3,749		24,059		21,898		21,691		43,589
Real estate credit bills	2.92% to IPCA + 3.70%		3,628		7,035		10,663		2,600		1,605		4,205
Agribusiness credit bills	2.56% to 12.36%		4,342		9,359		13,701		10,166		4,119		14,285
Guaranteed real estate bills	95% of CDI to IPCA + 6.08%		1,623		29,375		30,998		437		10,592		11,029
Import and export financing	0% to 13.14%		64,274		22,674		86,948		56,148		15,322		71,470
On-lending-domestic	0% to 17%		3,929		6,847		10,776		3,672		7,785		11,457
Total (*)			98,106		79,039		177,145		94,921		61,114		156,035

(*) Comprises R$ 34,942 (R$ 34,372 at 12/31/2020) pegged to Libor.

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

		12/31/2021						12/31/2020
	Interest rate (p.a.)	Current		Non- current		Total		Current		Non- current		Total
Subordinated debt	100% of LIB to IGPM + 4.63%		21,203		53,833		75,036		12,125		62,791		74,916
Foreign loans through securities	(3.17%) to 34.16%		6,560		56,283		62,843		6,636		55,797		62,433
Funding from structured operations certificates (1)	0.3% to IPCA + 4.80%		143		614		757		578		381		959
Total			27,906		110,730		138,636		19,339		118,969		138,308

(1) The fair value of funding from structured operations certificates issued is R$ 790 (R$ 1,018 at 12/31/2020).

d) Subordinated debt, including perpetual debts

Name of security / currency	Principal amount (original currency)		Issue		Maturity		Return p.a.		12/31/2021		12/31/2020
Subordinated financial bills—BRL
		6		2011		2021		109.25% to 110.5% of CDI		—		14
		2,313		2012		2022		IPCA + 5.15% to 5.83%		6,380		5,484
		20		2012		2022		IGPM + 4.63%		44		38
		2,146		2019		Perpetual		114% of SELIC		2,187		2,143
		935		2019		Perpetual		SELIC + 1.17% to 1.19%		976		963
		50		2019		2028		CDI + 0.72%		55		52
		2,281		2019		2029		CDI + 0.75%		2,502		2,379
		450		2020		2029		CDI + 2%		481		452
		106		2020		2030		IPCA + 4.64%		125		109
		1,556		2020		2030		CDI + 2%		1,664		1,562
		5,488		2021		2031		CDI + 2%		5,651		—
								Total		20,065		13,196
Subordinated euronotes—USD
		1,000		2010		2021		5.75%		—		5,361
		1,042		2011		2021		5.75% to 6.2%		—		3,891
		550		2012		2021		6.2%		—		2,858
		2,592		2012		2022		5.5% to 5.65%		14,742		13,839
		1,858		2012		2023		5.13%		10,432		9,762
		1,250		2017		Perpetual		6.13%		6,997		6,510
		750		2018		Perpetual		6.5%		4,262		3,967
		750		2019		2029		4.5%		4,205		3,915
		700		2020		Perpetual		4.6%		3,967		3,696
		500		2021		2031		3.9%		2,804		—
								Total		47,409		53,799
Subordinated bonds—CLP
		27,776		1997		2022		7.45% to 8.30%		36		74
		180,351		2008		2033		3.50% to 4.92%		1,423		1,515
		97,962		2009		2035		4.75%		1,079		1,135
		1,060,250		2010		2032		4.35%		106		111
		1,060,250		2010		2035		3.90% to 3.96%		244		255
		1,060,250		2010		2036		4.48%		1,160		885
		1,060,250		2010		2038		3.9%		845		1,215
		1,060,250		2010		2040		4.15% to 4.29%		651		682
		1,060,250		2010		2042		4.45%		317		332
		57,168		2014		2034		3.8%		414		434
								Total		6,275		6,638
Subordinated bonds—COP
		104,000		2013		2023		IPC + 2%		145		160
		146,000		2013		2028		IPC + 2%		203		224
		648,171		2014		2024		LIB		939		899
								Total		1,287		1,283
Total										75,036		74,916