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Securities purchased (sold) under resale (repurchase) agreements
 12 Months Ended
Dec. 31, 2023
Securities purchased sold under resale repurchase agreements [Abstract]  
Securities purchased (sold) under resale (repurchase) agreements Securities purchased (sold) under resale (repurchase) agreements
a)    Securities purchased under resale agreements
20232022
Collateral held3,891,759 834,975 
National Treasury Notes (NTNs) (i)
2,013,366 645,188 
National Treasury Bills (LTNs) (i)
820,487 — 
Financial Treasury Bills (LFTs) (i)799,417 — 
Debentures (ii)
89,234 84,065 
Real Estate Receivable Certificates (CRIs) (ii)
80,565 82,633 
Other88,690 23,089 
Collateral repledge11,000,022 6,771,526 
National Treasury Bills (LTNs) (i)
2,416,143 227,713 
Financial Treasury Bills (LFTs) (i)900,245 — 
National Treasury Notes (NTNs) (i)
116,583 2,842,159 
Debentures (ii)
4,258,213 929,346 
Real Estate Receivable Certificates (CRIs) (ii)
2,436,462 2,019,639 
Agribusiness Receivables Certificates (CRAs) (ii)
459,896 101,091 
Agribusiness Credit Bill (LCAs) (ii)
— 171,730 
Interbank Deposits Certificates (CDIs) (ii)
304,572 — 
Other107,908 479,848 
Expected Credit Loss (iii)
(2,803)(2,681)
Total14,888,978 7,603,820 
(i)    Investments in purchase and sale commitments collateral-backed by sovereign debt securities refer to transactions involving the purchase of sovereign debt securities with a commitment to sale originated mainly in the subsidiaries XP CCTVM, Banco XP and in exclusive funds.
(ii)    Refers to corporate debt assets, which are low-risk investments collateral-backed.
(iii)    The reconciliation of gross carrying amount and the expected credit loss segregated by stages are presented in the Note 14.
As of December 31, 2023, securities purchased under resale agreements were carried out at average interest rates of 11.85% p.a. (13.65% p.a. as of December 31, 2022).
As of December 31, 2023, the amount of R$ 2,760,296 (December 31, 2022 – R$646,478) from the total amount of collateral held portfolio, is being presented as cash equivalents in the statements of cash flows.
b)    Securities sold under repurchase agreements
20232022
National Treasury Bills (LTNs)3,274,568 8,569,145 
National Treasury Notes (NTNs)8,456,861 12,347,218 
Financial Treasury Bills (LFTs)1,867,365 533,509 
Debentures8,776,735 1,831,846 
Real Estate Receivable Certificates (CRIs)9,201,853 6,471,410 
Financial credit bills (LFs)954,447 1,111,890 
Agribusiness Receivables Certificates (CRAs)808,682 925,073 
Total33,340,511 31,790,091 
As of December 31, 2023, securities sold under repurchase agreements were agreed with average interest rates of 10.91% p.a. (December 31, 2022 – 13.65% p.a.).