Transaction Dollar Volume - Credit (Millions of USD) - 01/26/2024

CDS by Product & Cleared Status

Product Cleared2 Uncleared Total
Index Tranche / Index / Other* 205,154 145,594 350,748
Europe 79,737 6,725 86,462
North America 121,093 5,096 126,189
Other 4,324 133,774 138,097
TOTAL 205,154 145,594 350,748
       
* Includes exotic credit products, swaptions, and total return swaps.

CDS by Product & Grade

Product HY6 IG Other Total
Index Tranche / Index 43,022 170,855 4,548 218,425
OTHER* 11,763 114,601 5,959 132,323
TOTAL 54,785 285,457 10,507 350,748
         
* Includes exotic credit products, swaptions, and total return swaps.

CDS by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs5 Others
Product Cleared2 Uncleared Cleared Uncleared
Index Tranche / Index / Other* 245,101 161,379 165,207 129,810
Europe 99,122 10,016 60,353 3,434
North America 140,257 5,541 101,930 4,650
Other 5,722 145,821 2,925 121,726
TOTAL 245,101 161,379 165,207 129,810
         
* Includes index tranche, index, exotic, swaptions, and total return swap credit products.

CDS by Product, Participant Type & Grade

  Swap Dealers/MSPs5 Others
Product HY6 IG Other HY IG Other
Index Tranche / Index 50,572 205,771 5,860 35,472 135,939 3,235
OTHER* 13,100 125,207 5,969 10,426 103,995 5,949
TOTAL 63,672 330,978 11,829 45,898 239,935 9,184
             
* Includes exotic credit products, swaptions, and total return swaps.
Swap dollar volumes for current week, by product type and major currency (notional value of all new trades in millions of USD), all participant types and tenors, cleared and uncleared. For cleared swaps, this table reflects the notional value of the creation of only one of the two swaps that results from the clearing process. Only the notional values of market-facing trades are included in dollar volumes and trade events including compressions, terminations, amendments, and novations, are excluded.
1 See Data Dictionary for product descriptions and Explanatory Notes for data sources.
2 See Explanatory Notes for cleared and uncleared descriptions.
3 See Explanatory Notes for currency descriptions.
4 See Explanatory Notes for tenor bucket descriptions.
5 See Explanatory Notes for participant type descriptions.
6 See Data Dictionary for grade descriptions.
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