TraditionData’s Interest Rate Swaps service offers comprehensive coverage across 33 currencies, focusing on portfolio interest rate risk management and yield enhancement. This service includes:

• Real-time, intraday, and end-of-day pricing for interest rate markets.
• Datasets sourced directly from Tradition’s brokerage desks.
• Flexible data content and delivery method.
• Beneficial for managing interest rate risk, enhancing yields, improving diversification, hedging interest rate exposure, and creating synthetic positions.

For further details, you can visit TraditionData Interest Rate Swaps.

Graph and download economic data for ICE Swap Rates, 11:00 A.M. (London Time), Based on Euros, 15 Year Tenor (ICERATES1100EUR15Y) from 2014-08-01 to 2021-12-30 about 15-year, swaps, London, Euro Area, Europe, interest rate, interest, and rate.

Russia EUR/RUB Swap: Overnight: EUR Interest Rate data was reported at -0.576 % pa in 25 Feb 2022. This records a decrease from the previous number of -0.575 % pa for 24 Feb 2022. Russia EUR/RUB Swap: Overnight: EUR Interest Rate data is updated daily, averaging 0.000 % pa from Oct 2005 (Median) to 25 Feb 2022, with 3978 observations. The data reached an all-time high of 4.250 % pa in 08 Oct 2008 and a record low of -0.596 % pa in 01 Oct 2021. Russia EUR/RUB Swap: Overnight: EUR Interest Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Russia EUR/RUB Swap: Overnight: Base Swap Rate data was reported at 96.825 EUR/RUB in 25 Feb 2022. This records an increase from the previous number of 91.359 EUR/RUB for 24 Feb 2022. Russia EUR/RUB Swap: Overnight: Base Swap Rate data is updated daily, averaging 49.417 EUR/RUB from Oct 2005 (Median) to 25 Feb 2022, with 3978 observations. The data reached an all-time high of 96.825 EUR/RUB in 25 Feb 2022 and a record low of 34.084 EUR/RUB in 28 Oct 2008. Russia EUR/RUB Swap: Overnight: Base Swap Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Graph and download economic data for ICE Swap Rates, 12:00 P.M. (London Time), Based on Euros, 9 Year Tenor (ICERATES1200EUR9Y) from 2014-08-01 to 2021-12-27 about 9-year, swaps, London, Euro Area, Europe, interest rate, interest, and rate.

TraditionData’s EUR – ESTR service offers data on the Euro Short-Term Rate, a significant alternative reference rate for the Euro interbank lending market.

• ESTR is based on actual transactions in the Euro interbank lending market, offering a more accurate and reliable rate compared to EURIBOR.
• Managed by the European Money Markets Institute, ensuring transparency and fairness.

For additional information, visit EUR – ESTR.

Russia EUR/RUB Swap: Overnight: RUB Interest Rate data was reported at 10.500 % pa in 25 Feb 2022. This stayed constant from the previous number of 10.500 % pa for 24 Feb 2022. Russia EUR/RUB Swap: Overnight: RUB Interest Rate data is updated daily, averaging 8.500 % pa from Oct 2005 (Median) to 25 Feb 2022, with 3978 observations. The data reached an all-time high of 18.000 % pa in 30 Jan 2015 and a record low of 5.250 % pa in 19 Mar 2021. Russia EUR/RUB Swap: Overnight: RUB Interest Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Graph and download economic data for ICE Swap Rates, 11:00 A.M. (London Time), Based on Euros, 7 Year Tenor (ICERATES1100EUR7Y) from 2014-08-01 to 2021-12-30 about 7-year, swaps, London, Euro Area, Europe, interest rate, interest, and rate.

The average daily turnover of over the counter (OTC) derivatives traded in France increase between 2001 and 2010, before falling over the following decade. From a peak of over ***** billion U.S. dollars in 2010, by 2019 the average daily turnover had fallen to around ***** billion U.S. dollars. In all years under consideration the most common instrument traded was interest rate swaps, which accounted for around two thirds of turnover in 2022.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia EUR/RUB Swap: Overnight: Swap Points data was reported at 0.088 RUB in 25 Feb 2022. This records an increase from the previous number of 0.028 RUB for 24 Feb 2022. Russia EUR/RUB Swap: Overnight: Swap Points data is updated daily, averaging 0.017 RUB from Oct 2005 (Median) to 25 Feb 2022, with 3978 observations. The data reached an all-time high of 0.447 RUB in 30 Dec 2014 and a record low of 0.004 RUB in 08 Oct 2008. Russia EUR/RUB Swap: Overnight: Swap Points data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

France CG: Cash Basis: Interest Rate Swaps data was reported at 25.000 EUR mn in 2017. This records a decrease from the previous number of 145.000 EUR mn for 2016. France CG: Cash Basis: Interest Rate Swaps data is updated yearly, averaging 222.000 EUR mn from Dec 2002 (Median) to 2017, with 16 observations. The data reached an all-time high of 519.000 EUR mn in 2006 and a record low of 25.000 EUR mn in 2017. France CG: Cash Basis: Interest Rate Swaps data remains active status in CEIC and is reported by Agence France Tresor. The data is categorized under Global Database’s France – Table FR.F034: Negotiable Debt Service and Government Cash Position: Agence France Tresor.

Cross currency swap differs from single currency swaps in that the interest rate payments on the two legs are in different currencies. At inception of the trade, the notional principal amounts in the two currencies are usually set to be fair given the spot exchange rate. Contrary to single currency swap, there is an exchange of principals at inception and maturity, or even in each period of the swap.

Cross currency swaps are powerful instruments to transfer assets or liabilities from one currency to another. The market charges for this is a liquidity premium – the cross-currency basis spread. Thus, the market quoted cross-currency basis spreads usually relative to a liquidity benchmark.

For a cross currency trade between one currency and another currency. If there is a higher demand for the currency, the party lending the dollar will ask for a premium. This premium is referred to as the cross currency basis. In general, the cross currency basis is a measure of the dollar shortage in the market. The more negative the basis is, the more severe the shortage.

Cross currency basis is an important element of currency management. To price a cross-currency product, the cross-currency basis spread has to be taken into account by adjusting either discounting or forecasting curves. For domestic currency investor, negative basis can work in their favor when they hedge currency exposures. For foreign investors, however, the basis can increase their hedging cost.

Interest Rate Swaps Market Outlook

According to our latest research, the global interest rate swaps market size reached USD 3.18 trillion in 2024, demonstrating a robust presence in the global derivatives landscape. The market is projected to expand at a CAGR of 6.1% from 2025 to 2033, with the total market value forecasted to reach USD 5.41 trillion by 2033. This steady growth is primarily driven by the increasing volatility in interest rates, the rising need for risk management solutions among financial institutions and corporates, and the ongoing development of sophisticated financial products. As per our latest research, the demand for interest rate swaps continues to surge, underpinned by macroeconomic shifts and evolving regulatory frameworks.

The growth of the interest rate swaps market is significantly influenced by the heightened volatility in global interest rates. Central banks across various regions have adopted divergent monetary policies in response to inflationary pressures, economic recovery post-pandemic, and geopolitical uncertainties. These policy shifts have resulted in unpredictable interest rate movements, prompting financial institutions, corporates, and governments to seek effective hedging mechanisms. Interest rate swaps, by enabling parties to exchange fixed and floating rate obligations, offer a flexible solution to manage interest rate exposure. The proliferation of advanced analytics and risk management tools has further empowered market participants to optimize their swap strategies, thereby fueling market expansion.

Another key growth factor for the interest rate swaps market is the increasing sophistication and participation of non-bank entities. Corporates are now more proactive in managing their debt portfolios, leveraging swaps to lock in favorable rates, reduce borrowing costs, and enhance financial predictability. The emergence of fintech platforms and electronic trading venues has made it easier for smaller institutions and corporates to access swap markets, democratizing participation and boosting overall transaction volumes. Additionally, the integration of artificial intelligence and machine learning in pricing and risk assessment is enhancing transparency and efficiency, further attracting new entrants and driving market growth.

Regulatory developments also play a pivotal role in shaping the trajectory of the interest rate swaps market. Post-2008 reforms, such as the Dodd-Frank Act in the United States and EMIR in Europe, have increased the transparency and security of swap transactions by mandating central clearing for standardized contracts and enhancing reporting requirements. These regulations have not only mitigated counterparty risk but also encouraged greater adoption of interest rate swaps among institutional investors. Furthermore, the transition from LIBOR to alternative reference rates has led to a surge in swap activity as market participants restructure existing contracts and adapt to new benchmarks, thereby sustaining market momentum.

From a regional perspective, North America and Europe continue to dominate the interest rate swaps market due to the maturity of their financial systems, high levels of institutional participation, and advanced regulatory environments. However, the Asia Pacific region is emerging as a significant growth engine, driven by rapid financial market liberalization, rising cross-border investments, and the increasing sophistication of local financial institutions. Latin America and the Middle East & Africa, while currently representing smaller shares, are expected to witness accelerated growth as financial infrastructure improves and market awareness increases. Overall, the global interest rate swaps landscape is poised for sustained expansion, supported by a confluence of macroeconomic, technological, and regulatory factors.

The role of Credit Default Swap Index in the financial markets has been increasingly significant, particularly as investors and institutions seek to manage credit risk more effectively. These indices aggregate the credit default swaps of various entities, providing a benchmark for credit risk assessment and trading. By offering a standardized measure of credit risk, Credit Default Swap Indices facilitate greater market transparency and liquidity, allowing participants to hedge or speculate on the credi

Russia ForEx Swap: Transactions Volume: EUR/RUB Swap data was reported at 4.000 EUR mn in 26 Nov 2021. This records a decrease from the previous number of 150.600 EUR mn for 30 Dec 2020. Russia ForEx Swap: Transactions Volume: EUR/RUB Swap data is updated daily, averaging 278.400 EUR mn from Aug 2007 to 26 Nov 2021, with 433 observations. The data reached an all-time high of 4,497.000 EUR mn in 20 Jan 2009 and a record low of 0.000 EUR mn in 06 Mar 2014. Russia ForEx Swap: Transactions Volume: EUR/RUB Swap data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME003: ForEx Swap Transactions: Bank of Russia: Volume.

TraditionData’s Inflation Swaps service offers detailed market data for managing the risk of future inflation. This service provides:

• Coverage of various countries and currencies, with inflation-linked swaps data across multiple tenors.
• Data sourced from Tradition’s brokerage desks, enabling real-time, intraday, and end-of-day price updates.
• Tailored packages for specific regional and product needs.
• Key applications in hedging inflation risk, managing portfolio risk, and improving diversification.
  

For further details, visit TraditionData Inflation Swaps.

Index Time Series for Xtrackers II EUR High Yield Corporate Bond 1-3 Swap UCITS ETF 1D. The frequency of the observation is daily. Moving average series are also typically included. NA

OTC Europe Market size was valued at USD 39,247 Million in 2024 and is projected to reach USD 60,363 Million by 2032, growing at a CAGR of 5.4% from 2026 to 2032.

Key Market Drivers:

Increasing Self-Medication Practices: There is a growing trend among consumers to manage minor health issues independently, leading to higher demand for OTC products. This trend is particularly strong among the aging population, who prefer self-treatment for chronic conditions.

Aging Population: The European Union reported that approximately 20.8% of its population was aged 65 and over in 2021, which is projected to increase. This demographic shift results in higher healthcare needs and a preference for OTC medications to manage age-

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View market daily updates and historical trends for 5-Year, 5-Year Forward Inflation Expectation Rate. from United States. Source: Federal Reserve Bank of…