BIS Statistics Explorer: Table D10.1

Credit default swaps, by type of position

In billions of US dollars

« ‹ H1 2021 › »	Total	Reporting dealers	Other financial institutions							Non-financial institutions
« ‹ H1 2021 › »			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	8,813	1,112	7,458	5,615	634	112	75	406	616	243
Bought (gross basis)	5,147	1,131	3,882	2,853	335	58	50	238	346	134
Sold (gross basis)	4,778	1,093	3,577	2,763	299	54	24	167	270	108
Gross market values	205	33	166	101	22	6	3	15	20	6
Positive (gross basis)	115	33	80	49	11	3	1	6	10	3
Negative (gross basis)	123	34	86	52	11	3	2	9	10	3
Net market values	58	9	45	14	5	2	2	9	13	4
Positive (gross basis)	30	9	20	5	2	1	1	3	7	2
Negative (gross basis)	37	10	25	8	3	1	1	6	6	2
Single-name instruments
Notional amounts outstanding	3,445	758	2,614	1,846	348	60	33	125	202	72
Bought (gross basis)	2,165	772	1,343	908	195	36	27	60	118	50
Sold (gross basis)	2,038	744	1,272	938	153	25	6	66	85	22
Gross market values	71	19	50	26	10	3	2	4	5	2
Positive (gross basis)	45	19	25	14	4	1	1	2	3	1
Negative (gross basis)	46	19	25	13	5	2	1	2	3	1
Multi-name instruments
Notional amounts outstanding	5,368	354	4,844	3,769	286	52	42	281	414	171
Bought (gross basis)	2,982	359	2,539	1,945	141	23	23	179	229	84
Sold (gross basis)	2,740	349	2,305	1,825	146	29	18	102	185	86
Gross market values	134	14	116	75	12	2	1	11	14	3
Positive (gross basis)	71	14	55	35	6	1	1	4	7	1
Negative (gross basis)	78	14	61	40	6	1	1	7	7	2
of which index products
Notional amounts outstanding	4,335	308	3,982	3,016	244	43	35	256	387	46
Bought (gross basis)	2,408	303	2,083	1,561	117	20	18	159	209	21
Sold (gross basis)	2,235	312	1,898	1,455	126	24	17	98	178	25