Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 25

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 25
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 |     |    2.6% |
| Spread (4)                                                      |     |                                      1.6% |     |    1.7% |

(1) “Gross yield” represents interest income divided by average interest-earning assets.

(2) Not annualized.

(3) “Net yield” represents net interest income divided by average interest-earning assets.

(4) “Spread” is the difference between “Gross yield” and the “Average effective rate paid on interest-bearing liabilities”.

### ASSETS

#### Interest-Bearing Deposits in Other Banks
As of June 30, 2025, interbank deposits (excluding deposits with central banks) (which are recorded under “Loans and advances to credit institutions” in the “Financial assets held for trading”, “Financial assets at amortized cost” and “Financial assets at fair value through other comprehensive income” portfolios) represented 5.1% of our total assets (compared to 5.7% of our total assets as of December 31, 2024). Of such interbank deposits, 17.1% were held outside of Spain and 82.9% in Spain. We believe that our deposits are generally placed with highly rated banks and have a lower risk than many loans we could make in Spain. However, such deposits are subject to the risk that the deposit banks may fail or that such banks or the banking system of certain of the countries in which a portion of our deposits are made may face liquidity or other problems.

#### Securities Portfolio
As of June 30, 2025, our total securities portfolio (consisting of investment securities and loans and advances recorded under “Financial assets held for trading” and “Financial assets at fair value through other comprehensive income” portfolios) was carried on our consolidated balance sheet at a carrying amount (equivalent to its market or appraised value as of such date) of €131,139 million, representing 16.9% of our total assets, a 0.6% decrease compared to our total securities portfolio as of December 31, 2024, mainly due to the depreciation against the euro of the currencies of the main countries where the Group operates (in terms of period-end exchange rates), partially offset by increases in debt securities in Spanish sovereign debt and in local currency-denominated debt securities in Turkey. €15,633 million, or 11.9% of our securities portfolio as of June 30, 2025 consisted of Spanish Treasury bonds