Table 19: Amounts outstanding of over-the-counter (OTC) derivatives

By risk category and instrument

In billions of US dollars

Notional amounts outstanding

Risk Category / Instrument

Gross market values

Dec 2010

Jun 2011

Dec 2011

Jun 2012

Dec 2012

Dec 2010

Jun 2011

Dec 2011

Jun 2012

Dec 2012

601,046

706,884

647,777

639,366

632,579

21,296

19,518

27,278

25,392

24,740

57,796

64,698

63,349

66,645

67,358

2,482

2,336

2,555

2,217

2,304

28,433
19,271
10,092

31,113
22,228
11,358

30,526
22,791
10,032

31,395
24,156
11,094

31,718
25,420
10,220

886
1,235
362

777
1,227
332

919
1,318
318

771
1,184
262

803
1,247
254

465,260

553,240

504,117

494,427

489,703

14,746

13,244

20,001

19,113

18,833

51,587
364,377
49,295

55,747
441,201
56,291

50,596
402,611
50,911

64,711
379,401
50,314

71,353
369,999
48,351

206
13,139
1,401

59
11,861
1,324

67
18,046
1,888

51
17,214
1,848

47
17,080
1,706

Equity-linked contracts

5,635

6,841

5,982

6,313

6,251

648

708

679

645

605

Forwards and swaps

Options

1,828
3,807

2,029
4,813

1,738
4,244

1,880
4,434

2,045
4,207

167
480

176
532

156
523

147
497

157
448

Commodity contracts

2,922

3,197

3,091

2,994

2,587

526

471

481

390

358

397
2,525
1,781
744

468
2,729
1,846
883

521
2,570
1,745
824

523
2,471
1,659
812

486
2,101
1,363
739

47
479

50
421

75
405

62
328

53
306

Total contracts
Foreign exchange contracts
Forwards and forex swaps
Currency swaps
Options
Interest rate contracts
Forward rate agreements
Interest rate swaps
Options

Gold
Other commodities
Forwards and swaps
Options
Credit default swaps

29,898

32,409

28,626

26,931

25,069

1,351

1,345

1,586

1,187

848

Single-name instruments

18,145

18,105

16,865

15,566

14,309

884

854

958

715

527

Multi-name instruments

11,753

14,305

11,761

11,364

10,760

466

490

628

472

321

7,476

12,473

10,514

9,731

9,663

39,536

46,498

42,610

42,057

41,611

1,543

1,414

1,976

1,840

1,792

3,480

2,971

3,912

3,668

3,626

of which index products

Unallocated
Memorandum Item:
Gross Credit Exposure

Table 20A: Amounts outstanding of OTC foreign exchange derivatives

By instrument and counterparty
In billions of US dollars
Notional amounts outstanding
Instrument / counterparty

Gross market values

Dec 2010

Jun 2011

Dec 2011

Jun 2012

Dec 2012

Dec 2010

Jun 2011

Dec 2011

Jun 2012

Dec 2012

Total contracts

57,796

64,698

63,349

66,645

67,358

2,482

2,336

2,555

2,217

2,304

Reporting dealers
Other financial institutions
Non-financial customers

21,956
25,636
10,204

26,170
28,854
9,675

27,953
25,916
9,480

29,484
27,538
9,623

28,834
28,831
9,693

899
1,050
534

875
973
489

1,041
989
525

876
884
457

942
909
453

Outright forwards and foreign

exchange swaps

28,433

31,113

30,526

31,395

31,718

886

777

919

771

803

Reporting dealers
Other financial institutions
Non-financial customers

9,262
13,018
6,153

10,932
14,529
5,651

11,319
13,386
5,820

11,576
14,023
5,796

11,083
14,860
5,775

326
365
194

318
302
157

351
385
183

281
338
153

292
351
159

Currency swaps

19,271

22,228

22,791

24,156

25,420

1,235

1,227

1,318

1,184

1,247

8,320
8,802
2,149

10,075
9,749
2,404

11,819
8,613
2,359

12,698
9,086
2,372

12,895
9,809
2,716

390
586
258

387
576
264

520
518
280

461
470
253

525
486
236

10,092

11,358

10,032

11,094

10,220

362

332

318

262

254

4,373
3,816
1,902

5,163
4,575
1,619

4,815
3,917
1,301

5,211
4,429
1,455

4,856
4,162
1,203

182
98
81

170
95
67

170
86
62

135
76
51

125
71
58

Reporting dealers
Other financial institutions
Non-financial customers
Options
Reporting dealers
Other financial institutions
Non-financial customers

BIS Quarterly Review, June 2013

A 141