Average remaining maturity of earmarked outstanding credit operations -...

Concept: Average remaining time of the portfolio of credit operations which are under regulation by the National Monetary Council (CMN) or linked to budget funds. Represents average time until each payment of the operations falls due, weighted by the corresponding amount to be paid. Refers to special financing operations which require proof of proper use of funds, linked to medium and long term production and investments projects. Funds origins are shares of checking accounts and savings accounts and funds from governmental programs. Source: Central Bank of Brazil – Statistics Department