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8 Financial investments

12 Months Ended

Dec. 31, 2020

Financial investments [abstract]

Financial investments

8 Financial investments

The Company has financial investments in CDB, with daily liquidity, which it does not intend to use in the next three months, as shown below:

	December 31, 2020
Banco BV	253,066
Banco Itaú S/A	354,296
Banco Bradesco S/A	506,136
Banco BTG Pactual S/A	354,299
Banco do Brasil S/A	1,943,349
	3,411,146

The average yield of financial investments corresponds to 98.95% of CDI in December 2020.

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- Definition

The disclosure of financial assets. [Refer: Financial assets]

+ References

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- References

No definition available.

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