34. Purchase and sale commitments and future payment obligations

The breakdown of purchase and sale commitments of the BBVA Group as of December 31, 2015, 2014 and 2013 is as follows:

		Millions of euros
Purchase and Sale Commitments	Notes	2015	2014	2013
Financial instruments sold with repurchase commitments		68,401	66,326	55,503
Central Banks	9	19,065	8,774	5,636
Credit Institutions	21.1	26,069	32,935	22,007
Government and other government agencies	21.2	7,556	3,022	8,512
Other resident sectors	21.2	11,092	13,306	11,608
Non-resident sectors	21.2	4,619	8,289	7,740
Financial instruments purchased with resale commitments		16,935	17,639	11,397
Central Banks	9	149	209	120
Credit Institutions	13.1	11,749	10,440	6,828
Government and other government agencies	13.2	326	378	-
Other resident sectors	13.2	3,952	5,932	4,039
Non-resident sectors	13.2	758	680	410

A breakdown of the maturity of other payment obligations, not included in previous notes, due after December 31, 2015 is provided below:

Maturity of Future Payment Obligations	Millions of euros
Maturity of Future Payment Obligations	Up to 1 Year	1 to 3 Years	3 to 5 Years	Over 5 Years	Total
Finance leases	-	-	-	-	-
Operating leases	278	272	272	2,276	3,098
Purchase commitments	22	-	-	-	22
Technology and systems projects	3	-	-	-	3
Other projects	20	-	-	-	20
Total	300	272	272	2,276	3,120

financial statements 2015