CDS News & Insights
The stories behind credit events.
Developments that matter for credit default swaps — issuer distress filings, regulation and clearing — each linked to its source. For Determinations Committee and auction status, we link out to the official sites.
Checked 15 min ago across 11 of 12 covered sources · newest item added 31 h ago. Sources and coverage
Market data · permitted source
Credit swaps gross notional outstanding (CFTC, weekly)
- Credit swaps gross notional
- $8.71tn
- up $287.1bn (+3.4%) vs 2026-10-09
- as of 2026-10-16 · weekly
- Cleared
- $5.98tn
- up $165.3bn (+2.8%) vs 2026-10-09
- as of 2026-10-16 · weekly
- Uncleared
- $2.73tn
- up $121.7bn (+4.7%) vs 2026-10-09
- as of 2026-10-16 · weekly
Gross notional of credit swaps (CDS index, tranche, single-name and other credit products) reported to US swap data repositories. Source: CFTC Weekly Swaps Report (public domain). Not a spread, price or credit-risk measure.
Data table
| Week ending (as of) | Gross notional |
|---|---|
| 2026-07-31 | $7.16tn |
| 2026-08-07 | $7.27tn |
| 2026-08-14 | $7.36tn |
| 2026-08-21 | $7.12tn |
| 2026-08-28 | $7.17tn |
| 2026-09-04 | $7.33tn |
| 2026-09-11 | $7.55tn |
| 2026-09-18 | $7.40tn |
| 2026-09-25 | $8.32tn |
| 2026-10-02 | $8.59tn |
| 2026-10-09 | $8.43tn |
| 2026-10-16 | $8.71tn |
Largest weekly changes (as of 2026-10-16)
| Segment | Gross notional | Change on prior week |
|---|---|---|
| Credit swaps gross notional | $8.71tn | up $287.1bn (+3.4%) vs 2026-10-09 |
| Investment grade | $6.76tn | up $229.5bn (+3.5%) vs 2026-10-09 |
| North America | $3.83tn | up $170.8bn (+4.7%) vs 2026-10-09 |
| Cleared | $5.98tn | up $165.3bn (+2.8%) vs 2026-10-09 |
| Uncleared | $2.73tn | up $121.7bn (+4.7%) vs 2026-10-09 |
| Europe | $4.17tn | up $89.2bn (+2.2%) vs 2026-10-09 |
Changes compare the same CFTC segment week on week. Regional and grade splits start accumulating from the first week we store them.
Region and grade split (as of 2026-10-16)
| Europe | $4.17tn |
| Asia | $130.7bn |
| North America | $3.83tn |
| Other regions | $584.5bn |
| High yield | $1.38tn |
| Investment grade | $6.76tn |
| Other grade | $576.3bn |
No CDS spread or price feed is licensed for CDSBench, so no spreads, index prices or single-name quotes are shown.
Latest developments
Middle East & Africa
No published items match this view in our covered sources. Try clearing the filters.
More news and official information
Go to the source
Some of the most important CDS information is published only on the providers’ own websites, and their terms do not allow us to republish it. For determinations, auction results, prices and industry announcements, visit them directly.
- Credit Derivatives Determinations CommitteesCredit Event requests, determinations and auction announcements — the official record.cdsdeterminationscommittees.org (opens in a new tab)
- CreditFixingsFinal prices of CDS settlement auctions.creditfixings.com (opens in a new tab)
- ISDAIndustry announcements, protocols and the Credit Derivatives Definitions.isda.org (opens in a new tab)
- ICE Clear CreditClearing and end-of-day settlement prices for cleared CDS.ice.com (opens in a new tab)
- S&P Global Market IntelligenceCDS pricing and composite spreads (subscription).spglobal.com (opens in a new tab)
- Bank of EnglandFinancial stability news and market notices.bankofengland.co.uk (opens in a new tab)
Sources & coverage
Where News comes from
| Source | Covers | Status | Last successful check |
|---|---|---|---|
| SEC EDGAR — 8-K Item 1.03 filings Source: SEC EDGAR | US SEC registrants filing Form 8-K Item 1.03 (Bankruptcy or Receivership). Smaller reporting companies are rejected as outside CDS coverage. | ✓ connected | 7 Nov 2026, 14:05 UTC · every 30 min |
| SEC EDGAR — 8-K Item 2.04 filings Source: SEC EDGAR | US SEC registrants reporting Item 2.04 (a triggering event that accelerates or increases a financial obligation, e.g. a debt default). Filings that also report bankruptcy are left to the Item 1.03 source. Smaller reporting companies are rejected. | ✓ connected | 7 Nov 2026, 13:55 UTC · every 60 min |
| SEC EDGAR — 8-Ks on forbearance and restructuring support agreements Source: SEC EDGAR | Form 8-K filings whose text or exhibits mention a restructuring support agreement or a forbearance agreement. Smaller reporting companies are rejected. | ✓ connected | 7 Nov 2026, 14:05 UTC · every 60 min |
| SEC EDGAR — late annual report notices (NT 10-K) Source: SEC EDGAR | Form NT 10-K notices that an annual report will be late. Smaller reporting companies are rejected. | ✓ connected | 7 Nov 2026, 12:35 UTC · every 180 min |
| The Gazette — UK insolvency notices for PLCs Source: The Gazette (Open Government Licence v3.0) | Official UK notices of administration, creditors' winding-up, winding-up petitions and winding-up orders where the company is a public limited company. Company notices only; no personal insolvency and no office-holder names. | ✓ connected | 7 Nov 2026, 13:05 UTC · every 120 min |
| CourtListener — US Chapter 11 and 15 dockets Source: CourtListener, Free Law Project | Chapter 11 and Chapter 15 cases in US bankruptcy courts where the debtor's name matches an SEC-listed company outside the smaller-reporting category. Court, chapter, case number and filing date. | ○ Not connected yet | — |
| Federal Register — documents on credit default swaps Source: FederalRegister.gov | US rules, proposed rules and notices mentioning credit default swaps (e.g. SEC orders on ICE Clear Credit rule changes). | ✓ connected | 7 Nov 2026, 13:45 UTC · every 60 min |
| CFTC Weekly Swaps Report — credit Source: CFTC Weekly Swaps Report | Weekly gross notional outstanding for credit swaps reported to US SDRs: total, cleared/uncleared, region, grade. Released with a lag of about two weeks. | ✓ connected | 7 Nov 2026, 11:55 UTC · every 360 min |
| CFTC press releases Source: CFTC | CFTC press releases; only CDS-relevant releases are published. | ✓ connected | 7 Nov 2026, 14:05 UTC · every 30 min |
| SEC press releases Source: SEC | SEC press releases; only CDS-relevant releases are published. | ✓ connected | 7 Nov 2026, 13:45 UTC · every 30 min |
| ECB press releases Source: European Central Bank | ECB press releases, speeches and interviews; only CDS-relevant items are published. Titles and links only. | ✓ connected | 7 Nov 2026, 14:05 UTC · every 30 min |
| ESMA news Source: ESMA | ESMA news; only CDS-relevant items are published. Titles and links only (no summaries, so no endorsement disclaimer is needed). | ✓ connected | 7 Nov 2026, 13:35 UTC · every 60 min |
| GDELT DOC 2.0 — news discovery Discovered via the GDELT Project (gdeltproject.org) | English-language news articles worldwide that mention CDS terms. Headline, publisher domain and link only; time is when GDELT first saw the article. | △ retrying (8 failed) | 6 Nov 2026, 07:40 UTC · every 30 min |
| Credit Derivatives Determinations Committees DC Administration Services, Inc. | DC requests, determinations and auction announcements — the primary source for confirmed Credit Events. | ○ Not connected — the source's terms do not permit republication | — |
| CreditFixings auction results Creditex / S&P Global (auction administrators) | CDS auction final prices. | ○ Not connected — the source's terms do not permit republication | — |
| ICE CDS settlement prices ICE Clear Credit / S&P Global (Markit) | End-of-day CDS index and single-name settlement prices. | ○ Not connected — the source's terms do not permit republication | — |
| S&P Global CDS pricing data S&P Global Market Intelligence | Composite CDS spreads and curves. | ○ Not connected yet | — |
| ISDA news International Swaps and Derivatives Association | ISDA announcements and publications. | ○ Not connected — the source's terms do not permit republication | — |
| Bank of England news Bank of England | Bank of England news. | ○ Not connected — the source's terms do not permit republication | — |
12 sources are connected, 11 of them checking normally right now. Titles, links and short factual descriptions only; articles are never republished. CDSBench briefs separate sourced facts from our analysis. Nothing here is investment advice.