BIS Statistics Explorer: Table D5.1

Global OTC derivatives market

In billions of US dollars

« ‹ H2 2021 › »	Notional amounts outstanding				Gross market value
	H1 2020	H2 2020	H1 2021	H2 2021	H1 2020	H2 2020	H1 2021	H2 2021
All contracts	606,821	582,055	609,996	598,416	15,481	15,783	12,617	12,439
Foreign exchange contracts	93,811	97,549	102,471	104,249	2,628	3,176	2,412	2,548
By instrument
Outright forwards and forex swaps	55,697	58,031	61,569	63,723	1,208	1,645	1,213	1,343
Currency swaps	26,236	27,810	28,748	30,049	1,211	1,308	1,031	1,041
Options	11,819	11,669	12,113	10,436	209	222	167	164
Other products	59	40	41	41
By counterparty
Reporting dealers	35,917	37,089	36,841	38,165	962	1,177	843	960
Other financial institutions	45,993	47,909	52,605	53,261	1,176	1,458	1,133	1,150
Central Counterparties	3,808	3,828	4,168	4,138	69	74	56	64
Non-financial customers	11,842	12,512	12,983	12,782	491	541	436	438
By maturity
Up to 1 year	73,018	76,008	78,790	81,032
Between 1 and 5 years	14,617	14,930	16,345	16,079
Over 5 years	6,117	6,571	7,294	7,098
By currency
US dollar	82,610	85,342	87,282	89,582	2,177	2,625	1,968	2,112
Euro	29,819	31,761	33,729	34,326	945	1,130	854	888
Yen	15,592	15,498	15,389	15,532	285	327	361	417
Pound (sterling)	10,856	12,379	13,400	14,004	324	407	293	315
Swiss franc	4,141	4,115	4,549	4,778	91	112	95	96
Canadian dollar	4,785	5,047	5,971	5,951	117	131	126	103
Swedish krona	1,735	1,993	2,003	2,158	57	87	44	56
Other currencies	38,085	38,964	42,618	42,168	1,260	1,534	1,081	1,109
Interest rate contracts	495,141	466,494	488,099	475,271	11,718	11,319	8,940	8,612
By instrument
FRAs	92,970	72,927	73,626	39,438	312	285	210	195
Swaps	363,554	355,791	372,376	397,109	10,348	10,162	8,058	7,787
Options	38,298	37,471	41,810	38,562	1,058	872	671	630
Other products	319	305	288	161
By counterparty
Reporting dealers	33,199	31,324	30,106	29,944	2,289	2,069	1,508	1,337
Other financial institutions	448,955	422,115	444,979	432,420	8,587	8,449	6,817	6,744
Central Counterparties	388,066	362,670	378,888	370,157	5,999	5,963	4,807	5,112
Non-financial customers	12,668	12,750	12,726	12,745	842	801	615	531
By maturity
Up to 1 year	230,258	200,592	198,947	193,616
Between 1 and 5 years	159,323	159,398	173,558	169,311
Over 5 years	105,242	106,199	115,306	112,181
By currency
US dollar	176,149	152,117	173,780	167,283	3,086	2,544	2,115	2,054
Euro	135,529	132,619	140,112	128,405	5,168	5,335	4,204	4,027
Yen	40,151	37,131	32,261	35,681	476	463	361	297
Pound (sterling)	49,090	54,283	52,823	51,618	1,580	1,623	1,224	1,236
Swiss franc	3,925	3,614	3,310	5,072	65	67	55	56
Canadian dollar	14,764	14,295	15,466	15,302	237	197	158	131
Swedish krona	5,247	5,313	5,454	5,484	56	59	51	50
Other currencies	70,285	67,121	64,893	66,426	1,050	1,029	772	761
Equity-linked contracts	6,457	7,084	7,506	7,280	659	840	730	655
By instrument
Forwards and swaps	2,923	3,643	3,832	3,968	282	321	283	278
Options	3,534	3,441	3,673	3,312	377	519	447	377
By counterparty
Reporting dealers	1,496	1,397	1,455	1,291	119	125	116	97
Other financial institutions	4,072	4,662	4,921	4,844	395	503	411	351
Central Counterparties	28	41	33	20	1	3	1	1
Non-financial customers	888	1,026	1,130	1,145	145	213	204	206
By maturity
Up to 1 year	4,139	4,715	4,985	4,607
Between 1 and 5 years	2,004	2,025	2,127	2,293
Over 5 years	314	344	393	379
By market
US equities	3,056	3,316	3,567	3,501	287	433	415	362
European equities	1,973	2,078	2,206	2,021	172	175	181	178
Japanese equities	254	234	239	266	32	19	16	14
Other Asian equities	277	344	370	363	23	40	31	27
Latin American equities	302	441	420	403	31	40	28	29
Other equities	594	671	703	725	115	133	60	45