Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 811

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 811
---
470 |     |         | 47,651,690 |     |        | 525,382 |     |             | 512,442 |
| By currency:                                  |     |         |            |     |        |           |     |             |           |     |         |            |     |        |         |     |             |         |
| In euro                                       |     |         | 28,752,613 |     |        | 1,303,596 |     |             |   935,274 |     |         | 20,381,698 |     |        | 231,943 |     |             | 353,202 |
| In foreign currency                           |     |         | 27,206,270 |     |        | 1,768,495 |     |             |   307,196 |     |         | 27,269,992 |     |        | 293,439 |     |             | 159,240 |
| Total                                         |     |         | 55,958,883 |     |        | 3,072,091 |     |             | 1,242,470 |     |         | 47,651,690 |     |        | 525,382 |     |             | 512,442 |

The types of hedges according to their composition that are identified in the table are as follows:

| A. | Micro-hedges of interest rate risk on the Institution’s funding operations in capital markets and transactions       
 involving term deposits opened by customers, recognised under the heading “Financial liabilities at amortised cost”. |

| B. | Micro-hedges of transactions involving customer loans, recognised under the heading “Financial assets at                                                                             
 amortised cost” and those involving debt securities under the headings “Financial assets at fair value through other comprehensive income” and “Financial assets at amortised cost”. |

A-694

| C. | Micro-hedges of future transactions. The Institution designates as a hedging item those derivative contracts that                                         
 will be settled for their gross amount through the transfer of the underlying asset (generally, fixed-income securities) according to the contract price. |

| D. | Micro-hedging operations carried out by the Group’s securitisation funds. |

| E. | Micro-hedges of transactions involving term deposits arranged by customers and which are currently being sold. |

| F. | Micro-hedges of interest rates on inflation-linked bonds, recognised under the