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Securities issued (Tables)

12 Months Ended

Dec. 31, 2021


	12/31/2021	12/31/2020
Financial Letters - LF	—	—
Real estate credit credit bills – (LCIs) (a)	3,572,093	1,729,436
Guaranteed Real Estate Letters - LIG	—	—
Total securities issued	3,572,093	1,729,436

(a)

Real Estate Credit Bill (LCI) is a fixed income instrument with exemption from income tax for individuals, backed by real estate loans. They are issued on demand, remunerated at a fixed or floating rate and have a fixed maturity. The Group offers LCIs issued by Banco Inter to its retail customers as a tax-free investment alternative to time deposits. Real estate loans with a gross value of R$3,572,093 (2020: R$1,729,436) are pledged as collateral for these instruments.