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Debentures

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Bradesco records the issuance of debentures and controls the transactions, processes the payments of rights granted to debenture holders and controls the balances of debentures registered in the National System of Debentures (SND), in addition to providing the issuing company with different managerial reports.

In March 2017, the balance of debentures totaled R$73,904 million, a decrease of R$12,160 million, or 14.1%, when compared to the previous quarter, and R$11,570 million, or 13.5%, in the annual comparison.

Such variations refer mainly to the placement of these financial instruments, which are also used as ballast in committed transactions.