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Note 35 - Purchase and sale commitments and future payment obligations | 12 Months Ended
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Dec. 31, 2017
Purchase and sale commitments and future payment obligations |
Purchase and Sale commitments and future payment obligations | Purchase and sale commitments and future payment obligations The breakdown of purchase and sale commitments of the BBVA Group as of December 31, 2017, 2016 and 2015 is as follows
Purchase and Sale Commitments (Millions of euros)
| Notes | 2017 | 2016 | 2015
Financial instruments sold with repurchase commitments |  | 40,077 | 46,562 | 68,401
Central Banks | 9 | 6,155 | 4,649 | 19,065
Credit Institutions | 22.1 | 24,843 | 28,421 | 26,069
General governments | 22.2 | 3 | - | 7,556
Other | 22.2 | 9,076 | 13,491 | 15,711
Financial instruments purchased with resale commitments |  | 26,368 | 22,921 | 16,935
Central Banks |  | 305 | 81 | 149
Credit Institutions | 13.1 | 13,861 | 15,561 | 11,749
General governments | 13.2 / 11 | 1,290 | 544 | 326
Other | 13.2 | 10,912 | 6,735 | 4,710
A breakdown of the maturity of other payment obligations, not included in previous notes, due after December 31, 2017 is provided below
Maturity of Future Payment Obligations (Millions of euros)
|  | Up to 1 Year | 1 to 3 Years | 3 to 5 Years | Over 5 Years | Total
Operating leases |  | 343 | 301 | 531 | 2,410 | 3,584
Purchase commitments |  | 29 | - | - | - | 29
Technology and systems projects |  | 9 | - | - | - | 9
Other projects |  | 20 | - | - | - | 20
Total |  | 372 | 301 | 531 | 2,410 | 3,614

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- Definition The disclosure of repurchase and reverse repurchase agreements. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2016-01-13 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2016-03-30&anchor=para_10_e&doctype=Standard -URIDate 2016-03-31 + Details
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