CFTC Weekly Swaps Report: credit swaps gross notional $8.59 trillion as of 2026-10-02
Source time: · added to CDSBench 20 Oct 2026, 20:15 UTC
Open the source: CFTC Weekly Swaps Report ↗Sourced facts
What happened
- As of 2026-10-02, CFTC-reported credit gross notional outstanding was $8.59 trillion (+$264.6 billion week on week).
- Cleared: $6.02 trillion. Uncleared: $2.57 trillion.
From: CFTC Weekly Swaps Report, tables 'Gross Notional Outstanding by Cleared Status' and 'Gross Notional Outstanding – Credit'. Source: CFTC Weekly Swaps Report.
CDSBench analysis — not from the source
CDS relevance
- Gross notional measures the size of open positions reported to US swap data repositories, not risk or net exposure; it includes index, tranche, single-name and other credit products.
- It is not a spread or price, and a change is not a gain or loss for anyone.
What to watch next
- The next weekly release.
- Whether the cleared share keeps moving — clearing changes how default losses are mutualised.
General information about how CDS documentation treats this kind of event, not legal or investment advice, and not a statement that a Credit Event has occurred.
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