Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 25

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 25
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                         |     |        3.9027 |     |                         5.2 |     |                         6.3 |     |                        |     |        4.0546 |     |                        -0.3 |
| Argentine peso ⁽¹⁾                                                                                                                                                              |     |                         |     |      1,072.66 |     |                       -16.8 |     |                         1.3 |     |                        |     |             — |     |                           — |
| Chilean peso                                                                                                                                                                    |     |                         |     |      1,035.22 |     |                        -5.6 |     |                        -3.1 |     |                        |     |      1,020.53 |     |                       -11.0 |
| Colombian peso                                                                                                                                                                  |     |                         |     |      4,580.67 |     |                        -7.8 |     |                         1.8 |     |                        |     |      4,405.47 |     |                         6.2 |
| ⁽¹⁾ According to IAS 21 "The effects of changes in foreign exchange rates", the year-end exchange rate is used for the conversion of the Turkey and Argentina income statement. |     |                         |     |               |     |                             |     |                             |     |                        |     |               |     |                             |

In relation to the hedging of the capital ratios, BBVA aims to cover in aggregate, 70% of its subsidiaries' capital excess. The sensitivity of the Group's CET1 fully loaded ratio to 10% depreciations in major currencies is estimated at: +20 basis points for the U.S. dollar, -9 basis points for the Mexican peso and -4 basis points for the Turkish lira 12 . With regard to the hedging of results, BBVA hedges between 40% and 50% of the aggregate net attributable profit it expects to generate in the next 12 months. For each currency, the final amount hedged depends, among other factors, on its expected future evolution, the costs and the relevance of the incomes related to the Group's results as a whole.

#### Interest rate
Interest rate risk management seeks to limit the impact that BBVA may suffer, both in terms of net interest income (short-term) and economic value (long-term), from adverse movements in the interest rate curves in the various currencies in which the Group operates. BBVA carries out this work