OTC derivatives amounts surge 18% in H1 2019
Interest rate products alone see notionals increase to $523.9 trillion
Over-the-counter derivatives notional amounts soared over the first six months of 2019 to their highest level since 2014.
Data from the Bank for International Settlements show notionals jumped 18% to $640.4 trillion over the first half of the year. The fair values of outstanding contracts also climbed over the period to $12.1 trillion – an increase of 25% – interrupting a downward trend going back to end-2016.
Interest rate derivatives powered the rise in both notionals and fair values
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