Gross Notional Outstanding - Interest Rate (Millions of USD)

IRS by Product & Cleared Status

Product1 Cleared2 Uncleared Total
Fixed-Float 121,600,882 11,767,803 133,368,684
FRA 40,985,190 384,886 41,370,076
OIS 42,241,723 1,574,047 43,815,770
OTHER* 21,694,390 35,700,888 57,395,277
TOTAL 226,522,184 49,427,624 275,949,808
* 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 10,642,375 645,538 4,378,792 1,608,416 1,595,371 753,331 19,623,823
Fixed-Float 45,529,317 36,670,756 10,131,445 7,999,935 6,631,431 26,405,800 133,368,684
FRA 20,279,117 13,750,266 4,579,418 96 192 2,760,987 41,370,076
OIS 11,942,408 10,162,912 9,756,198 451,572 8,215,686 3,286,994 43,815,770
Swaption 10,908,493 4,547,884 1,247,615 932,898 163,935 180,349 17,981,173
OTHER* 10,843,534 5,663,580 2,354,265 127,364 46,395 755,143 19,790,281
TOTAL 110,145,243 71,440,935 32,447,734 11,120,281 16,653,011 34,142,604 275,949,808
* 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 1,356,004 834,064 2,887,663 2,281,589 5,435,008 6,829,496 19,623,823
Fixed-Float 8,154,456 3,744,872 15,892,254 18,356,643 36,567,311 50,653,147 133,368,684
FRA 34,805,628 6,539,831 23,965 0 652 0 41,370,076
OIS 31,249,996 1,383,062 2,979,653 2,786,627 2,661,297 2,755,135 43,815,770
Swaption 1,172,843 742 5,887,261 3,011,926 2,547,362 5,361,040 17,981,173
OTHER* 1,142,876 182,175 4,698,968 2,694,404 5,167,804 5,904,055 19,790,281
TOTAL 77,881,803 12,684,745 32,369,765 29,131,189 52,379,434 71,502,872 275,949,808
* 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 178,698,032 14,686,722 64,503,731 8,848,884
FRA 72,660,543 516,927 9,309,837 252,846
OIS 57,684,361 2,140,674 26,799,085 1,007,420
OTHER* 36,368,734 53,788,108 7,020,046 17,613,668
TOTAL 345,411,669 71,132,431 107,632,699 27,722,817
* 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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