37. Purchase and sale commitments and future payment obligations

The breakdown of purchase and sale commitments of the BBVA Group as of December 31, 2013, 2012 and 2011 is as follows:

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Purchase and Sale Commitments	Notes	Millions of Euros
		2013	2012	2011
Financial instruments sold with repurchase commitments		55,503	56,196	75,897
Central Banks	9	5,636	5,614	8,961
Credit Institutions	23.1	22,007	21,533	22,957
Government and other government agencies	23.2	8,512	16,607	24,016
Other resident sectors	23.2	11,608	8,443	14,154
Non-resident sectors	23.2	7,740	3,999	5,809
Financial instruments purchased with resale commitments		11,397	10,378	11,110
Central Banks	9	120	476	495
Credit Institutions	13.1	6,828	6,783	5,788
Government and other government agencies	13.2	-	-	-
Other resident sectors	13.2	4,039	2,516	4,621
Non-resident sectors	13.2	410	602	206

A breakdown of the maturity of other payment obligations, not registered in previous notes, due later than December 31, 2013 is provided below:

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Maturity of Future Payment Obligations	Millions of Euros
	Up to 1 Year	1 to 3 Years	3 to 5 Years	Over 5 Years	Total
Finance leases	-	-	-	-	-
Operating leases	264	397	270	2,530	3,462
Purchase commitments	39	-	-	-	39
Technology and systems projects	24	-	-	-	24
Other projects	15	-	-	-	15
Total	303	397	270	2,530	3,501