BIS Statistics Explorer: Table D10.1

Credit default swaps, by type of position

In billions of US dollars

« ‹ H2 2021 › »	Total	Reporting dealers	Other financial institutions							Non-financial institutions
« ‹ H2 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	8,800	1,160	7,405	5,463	686	113	81	395	667	235
Bought (gross basis)	5,149	1,174	3,847	2,766	365	61	50	218	388	128
Sold (gross basis)	4,811	1,147	3,557	2,698	320	53	30	177	279	107
Gross market values	199	33	160	98	20	5	3	15	19	5
Positive (gross basis)	112	33	76	47	10	2	1	7	9	2
Negative (gross basis)	120	33	84	51	10	3	2	9	10	3
Net market values	58	9	46	14	4	2	2	9	14	3
Positive (gross basis)	30	9	20	6	2	1	1	4	7	1
Negative (gross basis)	37	9	26	9	3	1	1	6	7	2
Single-name instruments
Notional amounts outstanding	3,529	770	2,689	1,895	355	62	38	137	202	69
Bought (gross basis)	2,208	781	1,378	927	200	36	31	66	119	49
Sold (gross basis)	2,091	760	1,311	968	155	26	7	71	83	21
Gross market values	78	19	58	33	9	3	2	5	5	2
Positive (gross basis)	48	19	28	17	4	1	1	3	3	1
Negative (gross basis)	50	19	30	17	5	2	1	2	3	1
Multi-name instruments
Notional amounts outstanding	5,271	390	4,716	3,568	331	51	43	258	465	166
Bought (gross basis)	2,941	392	2,469	1,839	165	25	20	152	269	80
Sold (gross basis)	2,720	387	2,246	1,729	166	26	23	106	196	86
Gross market values	120	14	103	64	11	2	1	11	14	3
Positive (gross basis)	64	14	49	30	6	1	1	4	7	1
Negative (gross basis)	71	14	54	34	5	1	1	6	7	2
of which index products
Notional amounts outstanding	4,905	341	4,521	3,437	310	48	37	252	438	42
Bought (gross basis)	2,712	337	2,356	1,769	152	23	14	147	252	18
Sold (gross basis)	2,533	344	2,165	1,669	158	25	22	105	187	24