Gross Notional Outstanding - Interest Rate (Millions of USD)

IRS by Product & Cleared Status

Product1 Cleared2 Uncleared Total
Fixed-Float 122,649,751 11,127,475 133,777,226
FRA 40,596,701 202,463 40,799,164
OIS 32,733,279 1,020,657 33,753,936
OTHER* 22,895,695 34,233,749 57,129,444
TOTAL 218,875,426 46,584,344 265,459,770
       
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, Inflation, and Swaption.

IRS by Product & Major Currency

Product1 USD3 EUR GBP JPY AUD Other Total
Basis 11,457,182 688,249 4,550,129 1,620,261 1,697,170 807,276 20,820,268
Fixed-Float 45,444,045 38,067,338 9,212,890 8,021,688 6,408,596 26,622,669 133,777,226
FRA 18,483,272 15,430,967 4,559,554 3,278 198 2,321,895 40,799,164
OIS 9,218,416 10,825,873 6,058,194 453,798 4,358,145 2,839,510 33,753,936
Swaption 9,540,986 4,529,103 1,161,846 838,373 127,246 138,284 16,335,839
OTHER* 11,108,169 5,834,477 2,188,777 128,199 48,351 665,365 19,973,338
TOTAL 105,252,070 75,376,008 27,731,389 11,065,598 12,639,706 33,394,998 265,459,770
               
* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

IRS by Product & Tenor

Product1 0-34 3-6 6-12 12-24 24-60 60+ Total
Basis 1,247,544 969,519 3,238,063 2,390,913 5,835,980 7,138,249 20,820,268
Fixed-Float 8,242,065 4,055,378 14,971,729 17,613,571 37,122,033 51,772,449 133,777,226
FRA 33,130,319 7,645,858 22,660 112 215 0 40,799,164
OIS 20,021,521 1,558,746 3,110,688 2,826,534 3,070,238 3,166,208 33,753,936
Swaption 166,049 1,211 5,134,045 2,679,023 2,589,567 5,765,944 16,335,839
OTHER* 948,124 425,992 4,500,236 2,399,679 5,188,123 6,511,184 19,973,338
TOTAL 63,755,623 14,656,704 30,977,422 27,909,831 53,806,156 74,354,034 265,459,770
               
* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

IRS by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs5 Others
Product1 Cleared2 Uncleared Cleared Uncleared
Fixed-Float 179,497,378 13,723,122 65,802,124 8,531,829
FRA 71,494,353 230,078 9,699,049 174,848
OIS 41,790,544 1,315,953 23,676,015 725,361
OTHER* 38,437,399 52,265,678 7,353,991 16,201,820
TOTAL 331,219,673 67,534,831 106,531,178 25,633,858
         
* Includes the following products: Basis, Swaption, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, and Inflation.

Notes

Gross notional amount outstanding, current weekly snapshot, by product type and cleared status (millions of USD), all participant types, tenors and currencies. For cleared swaps, this table reflects only one of the two swaps that results from the clearing process; therefore, the numbers on this table are analogous to the notional value of futures open interest.
1 See Data Dictionary for product descriptions and Explanatory Notes for data sources.
2 See Explanatory Notes for cleared and uncleared descriptions.
3 See Explanatory Notes for currency descriptions.
4 See Explanatory Notes for tenor bucket descriptions.
5 See Explanatory Notes for participant type descriptions.
6 See Data Dictionary for grade descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to swapsreport@cftc.gov.