Gross Notional Outstanding - Interest Rate (Millions of USD)

IRS by Product & Cleared Status

Product1 Cleared2 Uncleared Total
Fixed-Float 115,595,104 10,583,435 126,178,540
FRA 40,870,225 188,118 41,058,343
OIS 33,148,386 965,681 34,114,067
OTHER* 23,461,771 35,914,086 59,375,857
TOTAL 213,075,486 47,651,320 260,726,807
       
* 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 11,994,732 668,420 4,328,924 1,567,193 1,791,864 862,133 21,213,266
Fixed-Float 40,950,636 36,005,780 8,635,797 7,143,479 6,842,239 26,600,608 126,178,540
FRA 18,164,104 16,140,687 4,314,685 3,240 0 2,435,626 41,058,343
OIS 9,314,910 9,982,354 8,646,792 411,339 2,611,196 3,147,476 34,114,067
Swaption 8,640,104 4,328,689 1,669,374 778,383 150,076 128,777 15,695,404
OTHER* 11,026,364 7,590,322 3,050,021 127,361 195,542 477,577 22,467,187
TOTAL 100,090,850 74,716,252 30,645,594 10,030,996 11,590,917 33,652,198 260,726,807
               
* 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 1,390,527 1,141,468 3,122,172 2,489,592 5,945,141 7,124,366 21,213,266
Fixed-Float 7,876,345 3,906,983 13,420,875 16,153,230 34,731,796 50,089,309 126,178,540
FRA 33,734,734 7,305,819 17,466 108 215 0 41,058,343
OIS 20,024,420 1,368,765 3,279,504 3,000,484 3,183,856 3,257,038 34,114,067
Swaption 155,604 1,276 4,748,679 2,532,609 2,457,699 5,799,537 15,695,404
OTHER* 3,457,603 419,222 4,575,005 2,269,164 5,252,346 6,493,847 22,467,187
TOTAL 66,639,234 14,143,533 29,163,701 26,445,187 51,571,053 72,764,098 260,726,807
               
* 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 167,710,052 13,166,132 63,480,156 8,000,739
FRA 70,908,617 237,212 10,831,834 139,023
OIS 42,670,838 1,243,039 23,625,934 688,323
OTHER* 39,268,645 53,276,624 7,654,897 18,551,548
TOTAL 320,558,152 67,923,008 105,592,820 27,379,633
         
* 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.