Clear

Clearing volumes

Figures as of COB 8th July, 2025.

Notional Outstanding

Total

Notional outstanding (total) by product and currency

Product

EUR

ZCIS

9,422,060,000

Swap

18,818,413,237,867

OIS

5,586,654,860,493

FRA

20,027,179,523,317

BasisSwap

271,777,596,052

Total

44,713,447,277,728

EUR

Notional outstanding (EUR) by product and currency

Product

EUR

ZCIS

9,422,060,000

Swap

18,815,711,037,203

OIS

5,324,111,840,059

FRA

20,027,104,119,198

BasisSwap

271,777,596,052

Total

44,448,126,652,511

CHF

Notional outstanding (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

0

0

OIS

165,936,486,468

177,453,199,090

FRA

0

0

BasisSwap

0

0

Total

165,936,486,468

177,453,199,090


GBP

Notional outstanding (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

 0 

0

OIS

  45,899,514,455

53,173,672,909

FRA

0

0

BasisSwap

0

0

 Total

  45,899,514,455

53,173,672,909


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

37,399,342,737

31,916,148,436

FRA

0

0

BasisSwap

0

0

Total

37,399,342,737

31,916,148,436


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

1,722,000,000

405,768,415

OIS

0

0

FRA

320,000,000

75,404,119

BasisSwap

0

0

Total

2,042,000,000481,172,534


SEK

Notional outstanding (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

25,650,000,000

2,296,432,249

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

25,650,000,000

2,296,432,249


Notional Value

Total

Notional value (total) by product and currency

Product

EUR

ZCIS

17,848,500,000

Swap

42,248,848,505,605

OIS

22,075,974,110,239

FRA

227,668,621,460,063

BasisSwap

558,662,479,060

Total

292,569,955,055,934


EUR

Notional value (EUR) by product and currency

Product

EUR

ZCIS

17,848,500,000

Swap

41,740,308,977,558

OIS

21,697,908,825,282

FRA

227,583,750,323,206

BasisSwap

540,637,405,014

Total

291,580,454,031,595

CHF

Notional value (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

354,898,194,125

321,827,802,078

OIS

155,825,680,143

157,936,044,913

FRA

93,800,000,000

84,082,983,493

BasisSwap

18,097,100,000

16,488,495,691

Total

622,620,974,268

580,335,326,176

GBP

Notional value (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

96,365,475,169

110,524,149,187

OIS

131,247,610,554

153,162,276,869

FRA

502,000,000

712,830,567

BasisSwap

890,000,000

1,027,865,852

Total

229,005,086,098265,427,122,906

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

73,975,840,951

66,965,267,110

FRA

0

0

BasisSwap

626,400,000

508,712,503 

Total

155,982,926,001

140,082,595,194

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

1,722,000,000

403,157,572

OIS

0

0

FRA

322,000,000

75,322,796

BasisSwap

0

0

Total

2,044,000,000

478,480,369


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

54,113,366,854

OIS

27,320,487,752

FRA

449,614,000,000

BasisSwap

3,824,000,000

Total

534,871,854,606

EUR

,243Notional value (EUR) by product and currency

Product

EUR

ZCIS

0

Swap

54,113,366,854

OIS

27,183,262,970

FRA

449,614,000,000

BasisSwap

3,824,000,000

Total

534,734,629,824

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

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


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

160,800,000

137,224,782

FRA

0

0

BasisSwap

0

0

Total

160,800,000

137,224,782


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