BIS Statistics Explorer: Table D10.1

Credit default swaps, by type of position

In billions of US dollars

« ‹ H1 2023 › »	Total	Reporting dealers	Other financial institutions							Non-financial institutions
« ‹ H1 2023 › »			Total	CCPs	Banks and securities firms	Insurance and financial guaranty firms	SPVs, SPCc and SPEs	Hedge funds	Other
			Total	CCPs	Banks and securities firms	Insurance and financial guaranty firms	SPVs, SPCc and SPEs	Hedge funds	Other
Total CDS contracts
Notional amounts outstanding	9,902	1,134	8,674	6,950	831	101	68	359	367	93
Bought (gross basis)	5,728	1,151	4,524	3,538	465	56	42	209	214	53
Sold (gross basis)	5,308	1,117	4,150	3,411	366	45	26	149	153	40
Gross market values	168	33	131	70	26	3	2	17	13	4
Positive (gross basis)	100	33	65	35	11	1	2	8	8	2
Negative (gross basis)	103	34	67	35	15	2	1	9	6	2
Net market values	52	8	41	13	5	2	1	10	9	3
Positive (gross basis)	30	8	20	6	2	1	1	4	6	2
Negative (gross basis)	30	8	21	7	3	1	1	6	3	1
Single-name instruments
Notional amounts outstanding	4,004	757	3,200	2,382	457	49	37	134	141	48
Bought (gross basis)	2,492	782	1,674	1,182	288	24	28	65	88	36
Sold (gross basis)	2,269	731	1,525	1,201	169	25	8	69	53	13
Gross market values	76	18	56	26	18	1	2	5	5	1
Positive (gross basis)	47	18	28	14	8	1	1	3	3	1
Negative (gross basis)	49	20	28	12	11	0	0	2	2	1
Multi-name instruments
Notional amounts outstanding	5,897	378	5,475	4,567	374	52	31	225	226	45
Bought (gross basis)	3,236	369	2,850	2,357	177	32	14	145	126	17
Sold (gross basis)	3,039	386	2,625	2,211	197	20	17	80	100	28
Gross market values	92	15	75	44	8	2	1	12	9	2
Positive (gross basis)	53	15	37	22	4	0	0	5	5	1
Negative (gross basis)	54	15	38	22	4	1	0	7	3	1
of which index products
Notional amounts outstanding	5,618	348	5,239	4,395	364	48	27	216	190	31
Bought (gross basis)	3,077	340	2,724	2,269	170	30	11	137	108	14
Sold (gross basis)	2,888	355	2,515	2,126	195	18	16	80	81	18