Contact department

Contact email

Contact email subject

Content authors

Content description abstract

Reporting guidelines provide definitions and methodology for compiling the requested data. The strict observance of these guidelines is requested in order to ensure the comparability of the reported data across the different jurisdictions.

Content document type

Content name

Reporting guidelines for amounts outstanding at end-June 2022 for non-regular reporting institutions

Content rank

Content release date

Content URL

https://www.bis.org/statistics/triennialrep/2022survey_guidelinesoutstanding.pdf

Patrick McGuire, head of International banking and financial statistics, explains how FX swaps, forwards and currency swaps create forward dollar payment obligations that do not appear on banks' balance sheets.

Dollar debt in FX swaps and forwards: huge, missing and growing

https://www.youtube.com/watch?v=LOz9NQu1Hys

 Developments in latest data using the BIS derivatives statistics 

https://www.bis.org/stats_derivatives_commentaries/latest.htm

https://www.bis.org/stats_derivatives_commentaries/index.htm

The OTC derivatives statistics combine two sources: data reported every six months by derivatives dealers in 12 jurisdictions, and data reported every three years by dealers in more than 30 additional jurisdictions. The BIS uses the triennial data to supplement the semiannual data in arriving at a more accurate estimate of the global size of OTC derivatives markets. They are reported to the BIS at an aggregate (country) level rather than individual institution level. A central bank or another national authority collects data from banks and other major derivatives dealers in its jurisdiction, compiles national aggregates and then sends them to the BIS to calculate global aggregates. Data are reported in US dollars, with positions in other currencies being converted into US dollars at the exchange rate prevailing at the end of the reference period. Comparisons of amounts outstanding between periods can be significantly affected by movements in exchange rates.

OTC derivatives data are released semiannually, typically in the months of May and November. The target publication dates and the latest data reference period are listed in the <a href='/release-calendar?filter=categoryId%3DOTC_DER'>Statistics release calendar</a>.

How often and when are the OTC derivatives statistics updated?

Reporting templates are Excel workbooks, each with several worksheets that are organised by the type of information collected.

https://www.bis.org/statistics/triennialrep/2022survey_reportingtemplate_outstanding.xlsx

BIS OTC derivatives outstanding are provided by counterparty sector and central counterparties can be obtained for different risk categories. For example, to track them in the interest rates derivatives segment, please refer to <a href='/topics/OTC_DER/tables-and-dashboards/BIS,DER_D7,1.0'>Table D7</a>.

Where can I find data on the centrally cleared OTC derivatives?

Data on outstanding amounts are collected on a consolidated basis, similar to the BIS consolidated banking statistics. Dealer banks in 12 major jurisdictions report data semiannually. Every three years, as part of the <a href='/topics/DER'>Triennial Survey</a>, the positions of banks from an additional 30+ jurisdictions are reported. In BIS statistical publications, the outstanding amounts from these additional jurisdictions are used to gross up the global outstanding amounts in periods between <a href='/topics/DER'>Triennial Survey</a>.

Are the OTC derivatives statistics collected on a consolidated or unconsolidated basis?

OTC derivatives statistics (SDMX2.1 Compact)

/static/bulk/WS_OTC_DERIV2_sdmx-compact-2.1.zip

No. The outstanding amounts in the OTC derivatives statistics are broken down by currency, maturity and counterparty sector, but not by counterparty country.

Do the OTC derivatives statistics have a counterparty country breakdown? 

OTC derivatives statistics (SDMX2.1 Generic)

/static/bulk/WS_OTC_DERIV2_sdmx-generic-2.1.zip

Committee name

Committee on the Global Financial System (CGFS)