Funding Lines and Debts
The following chart shows the funding lines, with the respective interest rates, maturities and outstanding balances as of December 2020:
|EndDebt – Funding Lines||Fixed Rate (Annual)||Variable rate (Annual)||Issue Date||Maturity Date||Outstanding Balance (BRL million)||%|
|In National Currency:|
|BNDES/4th Debenture Issue|
|Caixa/5th Issue Debentures||9.00%||TR||09.20.2011||09.01.2031||189.0||5,0%|
|Market Debentures – 7th Issue|
|BNDES/8th Debenture Issue|
|BNDES/11th Debenture Issue|
|BNDES/12th Debenture Issue|
|BNDES/13th Debenture Issue|
|BNDES/14th Debenture Issue|
|BNDES/15th Debenture Issue|
|Libertas (Private Pension Plan)||6,73%||INPC||01.08.2001||11.08.2021||4.7||0,1%|
|In Foreign Currency:|
|Banco do Brasil***||4,52%||Libor||08.05.1998||04.10.2024||131.6||3.5%|
|Total Short + Long Term Debt||3.796.4||100.0%|
|Issuance Costs of Securities||10.6|
|Total Short + Long Term Debt||3.785.8|
|Cash and Cash Equivalents||786.4|
* FGTS funds: Caixa Econômica Federal.
** Various Dates.
*** Debt originally contracted from foreign financial institutions, as covered in an agreement entered into between the Brazilian government and the international financial community to restructure the foreign debt of the Brazilian public sector with international private creditors. Under this agreement, approved by the Federal Senate by means of Resolution 98 of December 29, 1992, the debt was exchanged for bonds issued by the Federal Government, which became the debtor before foreign creditors. Several types of bonds at interest rates consistent with those used in the international financial market were issued to replace the principal installments.
To follow the evolution of loans and financing throughout the fiscal year, please access the Quarterly Earnings Releases.