32. Contingent risks and commitments

The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows:

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Contingent Risks and Commitments	Millions of Euros
	2014	2013	2012
Contingent Risks
Collateral, bank guarantees and indemnities	28,297	28,082	29,976
Rediscounts, endorsements and acceptances	47	39	36
Letter of credit and others	5,397	5,422	7,007
Total Contingent Risks	33,741	33,543	37,019
Contingent Liabilities			-
Balances drawable by third parties:	96,714	87,542	83,519
Credit Institutions	1,057	1,583	1,946
Government and other government agency	1,359	4,354	1,360
Other resident sectors	21,784	20,713	21,982
Non-resident sector	72,514	60,892	58,231
Other contingent liabilities	9,538	6,628	6,623
Total Contingent liabilities	106,252	94,170	90,142
Total contingent risks and contingent liabilities	139,993	127,713	127,161

Since a significant portion of the amounts above will expire without any payment obligation materializing for the consolidated entities, the aggregate balance of these commitments cannot be considered as an actual future requirement for financing or liquidity to be provided by the BBVA Group to third parties.

In 2014, 2013 and 2012 no issuance of debt securities carried out by associate entities of the BBVA Group, joint venture entities or non-Group entities have been guaranteed.