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
	2015	2014	2013
Contingent Risks
Collateral, bank guarantees and indemnities	39,971	28,297	28,082
Rediscounts, endorsements and acceptances	538	47	39
Letter of credit and others	9,367	5,397	5,422
Total Contingent Risks	49,876	33,741	33,543
Contingent Commitments
Balances drawable by third parties:	123,620	96,714	87,542
Credit institutions	921	1,057	1,583
Government and other government agencies	2,570	1,359	4,354
Other resident sectors	27,334	21,784	20,713
Non-resident sector	92,795	72,514	60,892
Other contingent liabilities	12,113	9,538	6,628
Total Contingent Commitments	135,733	106,252	94,170
Total contingent risks and contingent commitments	185,609	139,993	127,713

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 the years ended December 31, 2015, 2014 and 2013 no issuance of debt securities carried out by associates of the BBVA Group, joint venture entities or non-Group entities have been guaranteed.