BIS Statistics Explorer: Table D5.1

Global OTC derivatives market

In billions of US dollars

« ‹ H1 2022 › »	Notional amounts outstanding				Gross market value
	H2 2020	H1 2021	H2 2021	H1 2022	H2 2020	H1 2021	H2 2021	H1 2022
All contracts	582,055	609,996	598,416	632,113	15,783	12,617	12,439	18,347
Foreign exchange contracts	97,549	102,471	104,249	109,585	3,176	2,412	2,548	4,727
By instrument
Outright forwards and forex swaps	58,031	61,569	63,723	66,327	1,645	1,213	1,343	2,620
Currency swaps	27,810	28,748	30,049	30,284	1,308	1,031	1,041	1,815
Options	11,669	12,113	10,436	12,951	222	167	164	292
Other products	40	41	41	22
By counterparty
Reporting dealers	37,089	36,841	38,165	41,388	1,177	843	960	1,598
Other financial institutions	47,909	52,605	53,261	54,767	1,458	1,133	1,150	2,283
Central Counterparties	3,828	4,168	4,138	4,713	74	56	64	104
Non-financial customers	12,512	12,983	12,782	13,408	541	436	438	846
By maturity
Up to 1 year	76,008	78,790	81,032	86,261
Between 1 and 5 years	14,930	16,345	16,079	16,384
Over 5 years	6,571	7,294	7,098	6,917
By currency
US dollar	85,342	87,282	89,582	96,451	2,625	1,968	2,112	4,040
Euro	31,761	33,729	34,326	34,474	1,130	854	888	1,716
Yen	15,498	15,389	15,532	15,486	327	361	417	849
Pound (sterling)	12,379	13,400	14,004	13,162	407	293	315	477
Swiss franc	4,115	4,549	4,778	5,194	112	95	96	147
Canadian dollar	5,047	5,971	5,951	6,162	131	126	103	116
Swedish krona	1,993	2,003	2,158	2,074	87	44	56	244
Other currencies	38,964	42,618	42,168	46,166	1,534	1,081	1,109	1,865
Interest rate contracts	466,494	488,099	475,271	502,462	11,319	8,940	8,612	11,805
By instrument
FRAs	72,927	73,626	39,438	49,270	285	210	195	403
Swaps	355,791	372,376	397,109	414,195	10,162	8,058	7,787	10,623
Options	37,471	41,810	38,562	38,789	872	671	630	779
Other products	305	288	161	209
By counterparty
Reporting dealers	31,324	30,106	29,944	31,020	2,069	1,508	1,337	1,103
Other financial institutions	422,115	444,979	432,420	458,528	8,449	6,817	6,744	10,111
Central Counterparties	362,670	378,888	370,157	393,934	5,963	4,807	5,112	8,200
Non-financial customers	12,750	12,726	12,745	12,705	801	615	531	591
By maturity
Up to 1 year	200,592	198,947	193,616	213,885
Between 1 and 5 years	159,398	173,558	169,311	176,022
Over 5 years	106,199	115,306	112,181	112,346
By currency
US dollar	152,117	173,780	167,283	203,877	2,544	2,115	2,054	2,866
Euro	132,619	140,112	128,405	149,635	5,335	4,204	4,027	5,508
Yen	37,131	32,261	35,681	22,499	463	361	297	280
Pound (sterling)	54,283	52,823	51,618	34,888	1,623	1,224	1,236	1,223
Swiss franc	3,614	3,310	5,072	3,209	67	55	56	87
Canadian dollar	14,295	15,466	15,302	17,240	197	158	131	355
Swedish krona	5,313	5,454	5,484	5,635	59	51	50	186
Other currencies	67,121	64,893	66,426	65,478	1,029	772	761	1,301
Equity-linked contracts	7,084	7,506	7,280	6,989	840	730	655	595
By instrument
Forwards and swaps	3,643	3,832	3,968	3,512	321	283	278	349
Options	3,441	3,673	3,312	3,477	519	447	377	245
By counterparty
Reporting dealers	1,397	1,455	1,291	1,277	125	116	97	74
Other financial institutions	4,662	4,921	4,844	4,656	503	411	351	365
Central Counterparties	41	33	20	30	3	1	1	1
Non-financial customers	1,026	1,130	1,145	1,056	213	204	206	155
By maturity
Up to 1 year	4,715	4,985	4,607	4,514
Between 1 and 5 years	2,025	2,127	2,293	2,118
Over 5 years	344	393	379	357
By market
US equities	3,316	3,567	3,501	3,449	433	415	362	301
European equities	2,078	2,206	2,021	1,955	175	181	178	162
Japanese equities	234	239	266	232	19	16	14	12
Other Asian equities	344	370	363	361	40	31	27	33
Latin American equities	441	420	403	345	40	28	29	32
Other equities	671	703	725	647	133	60	45	54