37. Purchase and sale commitments and future payment obligations

The breakdown of purchase and sale commitments of the BBVA Group as of December 31, 2012, 2011 and 2010 is as follows:

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Purchase and Sale Commitments	Notes	Millions of Euros
		2012	2011	2010
Financial instruments sold with repurchase commitments		57,718	77,138	57,883
Central Banks	9	5,906	9,199	82
Credit Institutions	23.1	22,759	23,452	16,314
Government and other government agencies	23.2	16,607	24,016	12,920
Other resident sectors	23.2	8,443	14,154	23,197
Non-resident sectors	23.2	4,003	6,317	5,370
Financial instruments purchased with resale commitments		10,378	11,110	12,916
Central Banks	9	476	495	334
Credit Institutions	13.1	6,783	5,788	7,822
Government and other government agencies	13.2	-	-	9
Other resident sectors	13.2	2,516	4,621	4,624
Non-resident sectors	13.2	603	206	127

Below is a breakdown of the maturity of other future payment obligations, not registered in previous notes, due later than December 31, 2012:

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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	136	157	67	69	428
Purchase commitments	38	-	-	-	38
Technology and systems projects	13	-	-	-	13
Other projects	24	-	-	-	24
Total	173	157	67	69	465