Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 107

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 107
---
 of collateral provided as collateral for the netting of derivative liability arrangements has been taken into account in the EAD calculation. |     |                                            |     |     |                 |     |       |                                    |     |       |                 |     |       |                                   |     |     |                 |     |         |                                 |     |   |                 |     |         |
| (2)Refers to collateral that is held in a bankruptcy-remote manner.                                                                                                                                                                                                                                                    |     |                                            |     |     |                 |     |       |                                    |     |       |                 |     |       |                                   |     |     |                 |     |         |                                 |     |   |                 |     |         |
| (3)Refers to collateral that is not held in a bankruptcy-remote manner.                                                                                                                                                                                                                                                |     |                                            |     |     |                 |     |       |                                    |     |       |                 |     |       |                                   |     |     |                 |     |         |                                 |     |   |                 |     |         |

As of December 31, 2024, the composition of collateral for counterparty risk exposures used in derivative transactions evolves without significant changes and remained at levels similar to those recorded as of December 31, 2023. On the contrary, there was an apparent reduction in collateral used in securities financing transactions, as a result of the on-balance sheet netting of related assets and liabilities.

4.2.6.2.5. Credit derivatives transactions

Article 439 j) CRR

The table below shows the amounts of credit derivative transactions, broken down into purchased and sold derivatives:

| Table 42.EU CCR6 - Credit derivatives exposures(Million Euros) |

|                                  |     | 12-31-2024               |     |        |                 |     |        | 12-31-2023               |     |        |                 |     |        |
|                                  |     | Credit derivative hedges |     |        |                 |     |        | Credit derivative hedges |     |        |                 |     |        |
|                                  |     | Protection Bought        |     |        | Protection Sold |     |        | Protection Bought        |     |        | Protection Sold |     |        |
| Notionals                        |     |                          |     |        |                 |     |        |                          |     |        |                 |     |        |
| Single-name credit default swaps |     |