Clear

Clearing volumes

Figures as of COB February 17, 2025.

Notional Outstanding

Total

Notional outstanding (total) by product and currency

Product

EUR

ZCIS

8,355,260,000

Swap

16,463,111,338,531

OIS

4,260,127,610,752

FRA

17,572,891,466,479

BasisSwap

232,231,435,092

Total

38,536,717,110,854

EUR

Notional outstanding (EUR) by product and currency

Product

EUR

ZCIS

8,355,260,000

Swap

16,460,824,426,977

OIS

3,981,170,833,745

FRA

17,572,891,466,479

BasisSwap

232,231,435,092

Total

38,255,473,422,292

CHF

Notional outstanding (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

0

0

OIS

174,408,732,468

185,755,013,208

FRA

0

0

BasisSwap

0

0

Total

174,408,732,468

185,755,013,208


GBP

Notional outstanding (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

 0 

0

OIS

 46,895,552,116

56,410,272,835

FRA

0

0

BasisSwap

0

0

 Total

 46,895,552,116

56,410,272,835

JPY

Notional outstanding (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


USD

Notional outstanding (USD) by product and currency

Product

USD

EUR Equivalent

Swap

0

0

OIS

39,579,028,487

37,791,490,964

FRA

0

0

BasisSwap

0

0

Total

39,579,028,487

37,791,490,964


DKK

Notional outstanding (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


NOK

Notional outstanding (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


PLN

Notional outstanding (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional outstanding (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

25,650,000,000

2,286,911,555

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

25,650,000,000

2,286,911,555


Notional Value

Total

Notional value (total) by product and currency

Product

EUR

ZCIS

15,859,300,000

Swap

37,686,451,077,630

OIS

18,097,587,602,439

FRA

207,868,018,694,160

BasisSwap

401,294,994,152

Total

264,069,211,669,349


EUR

Notional value (EUR) by product and currency

Product

EUR

ZCIS

15,859,300,000

Swap

37,178,314,707,155

OIS

17,730,213,100,172

FRA

207,783,222,880,100

BasisSwap

383,269,920,106

Total

263,090,879,908,069

CHF

Notional value (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

354,898,194,125

321,827,802,079

OIS

152,489,694,468

154,398,009,047

FRA

93,800,000,000

84,082,983,493

BasisSwap

18,097,100,000

16,488,495,691

Total

619,284,988,593

576,797,290,310

GBP

Notional value (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

96,365,475,169

110,524,149,187

OIS

128,315,674,598

149,689,826,212

FRA

502,000,000

712,830,567

BasisSwap

890,000,000

1,027,865,852

Total

226,073,150,142

261,954,672,249

JPY

Notional value (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

200,000,000

1,696,065

FRA

0

0

BasisSwap

0

0

Total

200,000,000

1,696,065


USD

Notional value (USD) by product and currency

Product

USD

EUR Equivalent

Swap

81,380,685,050

72,608,615,581

OIS

69,931,422,318

63,284,970,943

FRA

0

0

BasisSwap

626,400,000

508,712,503 

Total

151,938,507,368136,402,299,028

DKK

Notional value (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

22,000,000 

2,946,659 

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

22,000,000

2,946,659 


NOK

Notional value (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


PLN

Notional value (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional value (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

33,500,000,000 

3,172,856,969 

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

33,500,000,000 

3,172,856,969 


Notional Value (daily)

Total

Notional value (total) by product and currency

Product

EUR

ZCIS

0

Swap

30,277,698,875

OIS

42,536,009,339

FRA

9,000,000,000

BasisSwap

0

Total

81,813,708,214

EUR

Notional value (EUR) by product and currency

Product

EUR

ZCIS

0

Swap

30,277,698,875

OIS

42,461,189,472

FRA

9,000,000,000

BasisSwap

0

Total

81,738,888,347

CHF

Notional value (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


GBP

Notional value (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

0

0

OIS

62,200,000

74,819,867

FRA

0

0

BasisSwap

0

0

Total

62,200,000

74,819,867

JPY

Notional value (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


USD

Notional value (USD) by product and currency

Product

USD

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


DKK

Notional value (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


NOK

Notional value (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


PLN

Notional value (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional value (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

 0

 0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0

Explanatory notes:

  • The total notional outstanding is the aggregated double counted volume of all active trades.
  • The total notional value is the aggregated double counted volume of all cleared trades.
  • Total notional volumes expressed in euro are calculated by converting the notional volumes of swaps denominated in other currencies to euro using the same conversion methodology as used for margining and collateral.
  • The December compression cycle resulted in a reduction of 16 percent of total outstanding volume in OTC interest rate derivatives