Gross Notional Outstanding - Interest Rate (Millions of USD)

IRS by Product & Cleared Status

Product1 Cleared2 Uncleared Total
Fixed-Float 123,341,659 11,247,290 134,588,949
FRA 43,533,527 194,778 43,728,305
OIS 40,296,555 1,066,664 41,363,219
OTHER* 23,309,699 34,875,488 58,185,187
TOTAL 230,481,440 47,384,219 277,865,660
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, Inflation, and Swaption.

IRS by Product & Major Currency

Product1 USD3 EUR GBP JPY AUD Other Total
Basis 11,830,165 658,153 4,487,885 1,627,224 1,647,444 782,123 21,032,994
Fixed-Float 47,311,963 36,752,000 9,580,791 8,285,345 6,418,156 26,240,694 134,588,949
FRA 22,028,490 14,261,427 4,799,252 2,133 188 2,636,815 43,728,305
OIS 12,468,235 10,732,559 8,293,703 515,445 6,218,002 3,135,275 41,363,219
Swaption 10,190,106 4,537,240 1,194,338 898,009 152,118 150,843 17,122,655
OTHER* 11,090,349 5,707,969 2,297,473 129,147 47,497 757,102 20,029,538
TOTAL 114,919,309 72,649,347 30,653,442 11,457,304 14,483,406 33,702,852 277,865,660
* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

IRS by Product & Tenor

Product1 0-34 3-6 6-12 12-24 24-60 60+ Total
Basis 1,617,013 917,823 3,256,906 2,408,579 5,763,744 7,068,930 21,032,994
Fixed-Float 8,766,529 3,854,363 15,581,481 18,408,756 36,973,947 51,003,874 134,588,949
FRA 36,567,520 7,135,823 24,634 113 215 0 43,728,305
OIS 28,034,447 1,527,514 3,195,732 2,791,272 2,883,179 2,931,075 41,363,219
Swaption 174,385 1,186 5,716,271 2,893,228 2,619,976 5,717,609 17,122,655
OTHER* 985,076 344,880 4,484,038 2,428,422 5,284,356 6,502,767 20,029,538
TOTAL 76,144,969 13,781,588 32,259,061 28,930,369 53,525,416 73,224,256 277,865,660
* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

IRS by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs5 Others
Product1 Cleared2 Uncleared Cleared Uncleared
Fixed-Float 181,047,324 13,907,157 65,635,994 8,587,422
FRA 76,455,563 221,398 10,611,491 168,158
OIS 51,159,170 1,408,454 29,433,941 724,873
OTHER* 39,113,416 53,466,967 7,505,982 16,284,008
TOTAL 347,775,472 69,003,977 113,187,409 25,764,462
* Includes the following products: Basis, Swaption, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

Notes

Gross notional amount outstanding, current weekly snapshot, by product type and cleared status (millions of USD), all participant types, tenors and currencies. For cleared swaps, this table reflects only one of the two swaps that results from the clearing process; therefore, the numbers on this table are analogous to the notional value of futures open interest.
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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