34. Purchase and sale commitments and future payment obligations

The breakdown of purchase and sale commitments of the BBVA Group as of December 31, 2014, 2013 and 2012 is as follows:

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		Millions of Euros
Purchase and Sale Commitments	Notes	2014	2013	2012
Financial instruments sold with repurchase commitments		66,326	55,503	56,196
Central Banks	9	8,774	5,636	5,614
Credit Institutions	21.1	32,935	22,007	21,533
Government and other government agencies	21.2	3,022	8,512	16,607
Other resident sectors	21.2	13,306	11,608	8,443
Non-resident sectors	21.2	8,289	7,740	3,999
Financial instruments purchased with resale commitments		17,639	11,397	10,378
Central Banks	9	209	120	476
Credit Institutions	13.1	10,440	6,828	6,783
Government and other government agencies	13.2	378	-	-
Other resident sectors	13.2	5,932	4,039	2,516
Non-resident sectors	13.2	680	410	602

A breakdown of the maturity of other payment obligations, not registered in previous notes, due later than December 31, 2014 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	267	272	272	2,410	3,221
Operating leases	-	-	-	-	-
Purchase commitments	50	-	-	-	50
Technology and systems projects	33	-	-	-	33
Other projects	17	-	-	-	17
Total	317	272	272	2,410	3,271