BIS Statistics Explorer: Table D5.1

Global OTC derivatives market

In billions of US dollars

« ‹ H1 2021 › »	Notional amounts outstanding				Gross market value
	H2 2019	H1 2020	H2 2020	H1 2021	H2 2019	H1 2020	H2 2020	H1 2021
All contracts	558,513	606,821	582,055	609,996	11,598	15,481	15,783	12,617
Foreign exchange contracts	92,179	93,811	97,549	102,471	2,230	2,628	3,176	2,412
By instrument
Outright forwards and forex swaps	54,647	55,697	58,031	61,569	1,111	1,208	1,645	1,213
Currency swaps	26,288	26,236	27,810	28,748	956	1,211	1,308	1,031
Options	11,206	11,819	11,669	12,113	163	209	222	167
Other products	38	59	40	41
By counterparty
Reporting dealers	35,710	35,917	37,089	36,841	862	962	1,177	843
Other financial institutions	44,725	45,993	47,909	52,605	974	1,176	1,458	1,133
Central Counterparties	3,442	3,808	3,828	4,168	54	69	74	56
Non-financial customers	11,706	11,842	12,512	12,983	395	491	541	436
By maturity
Up to 1 year	71,821	73,018	76,008	78,790
Between 1 and 5 years	14,356	14,617	14,930	16,345
Over 5 years	5,964	6,117	6,571	7,294
By currency
US dollar	80,991	82,610	85,342	87,282	1,822	2,177	2,625	1,968
Euro	28,129	29,819	31,761	33,729	755	945	1,130	854
Yen	14,938	15,592	15,498	15,389	269	285	327	361
Pound (sterling)	11,812	10,856	12,379	13,400	344	324	407	293
Swiss franc	4,026	4,141	4,115	4,549	94	91	112	95
Canadian dollar	4,747	4,785	5,047	5,971	98	117	131	126
Swedish krona	1,809	1,735	1,993	2,003	52	57	87	44
Other currencies	37,905	38,085	38,964	42,618	1,028	1,260	1,534	1,081
Interest rate contracts	448,966	495,141	466,494	488,099	8,352	11,718	11,319	8,940
By instrument
FRAs	67,431	92,970	72,927	73,626	204	312	285	210
Swaps	341,292	363,554	355,791	372,376	7,463	10,348	10,162	8,058
Options	39,916	38,298	37,471	41,810	685	1,058	872	671
Other products	326	319	305	288
By counterparty
Reporting dealers	35,374	33,199	31,324	30,106	1,772	2,289	2,069	1,508
Other financial institutions	400,706	448,955	422,115	444,979	5,962	8,587	8,449	6,817
Central Counterparties	344,021	388,066	362,670	378,888	4,093	5,999	5,963	4,807
Non-financial customers	12,560	12,668	12,750	12,726	617	842	801	615
By maturity
Up to 1 year	197,696	230,258	200,592	198,947
Between 1 and 5 years	153,497	159,323	159,398	173,558
Over 5 years	97,447	105,242	106,199	115,306
By currency
US dollar	159,804	176,149	152,117	173,780	1,657	3,086	2,544	2,115
Euro	117,173	135,529	132,619	140,112	4,093	5,168	5,335	4,204
Yen	37,843	40,151	37,131	32,261	471	476	463	361
Pound (sterling)	44,146	49,090	54,283	52,823	1,194	1,580	1,623	1,224
Swiss franc	3,669	3,925	3,614	3,310	58	65	67	55
Canadian dollar	14,098	14,764	14,295	15,466	91	237	197	158
Swedish krona	4,816	5,247	5,313	5,454	45	56	59	51
Other currencies	67,417	70,285	67,121	64,893	744	1,050	1,029	772
Equity-linked contracts	6,874	6,457	7,084	7,506	583	659	840	730
By instrument
Forwards and swaps	3,199	2,923	3,643	3,832	221	282	321	283
Options	3,675	3,534	3,441	3,673	362	377	519	447
By counterparty
Reporting dealers	1,588	1,496	1,397	1,455	123	119	125	116
Other financial institutions	4,376	4,072	4,662	4,921	334	395	503	411
Central Counterparties	18	28	41	33	0	1	3	1
Non-financial customers	910	888	1,026	1,130	126	145	213	204
By maturity
Up to 1 year	4,468	4,139	4,715	4,985
Between 1 and 5 years	2,098	2,004	2,025	2,127
Over 5 years	308	314	344	393
By market
US equities	3,160	3,056	3,316	3,567	243	287	433	415
European equities	2,153	1,973	2,078	2,206	158	172	175	181
Japanese equities	278	254	234	239	28	32	19	16
Other Asian equities	295	277	344	370	18	23	40	31
Latin American equities	308	302	441	420	20	31	40	28
Other equities	679	594	671	703	115	115	133	60