financial statements 2013

35. Assets assigned to other own and third-party obligations

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As of December 31, 2013, 2012 and 2011, in addition to the information disclosed in Notes 13 and 26, there were certain material assets of consolidated entities that guaranteed their own obligations amounting to €86,058 million, €125,174 million and €101,108 million, respectively. These amounts mainly correspond to loans linked to the issue of long-term covered bonds (see Note 23.3) which, pursuant to the Mortgage Market Act, are admitted as collateral for the issue of covered bonds and to assets allocated as collateral for certain lines of short-term finance assigned to the BBVA Group by central banks.

As of December 31, 2013, 2012 and 2011, there were no other BBVA Group material assets linked to any third-party obligations.