Profits and Balance Sheet Developments at U.S. Commercial Banks in 2007
Figure 16. Notional amounts of credit derivatives for which banks were beneficiaries or guarantors, 2000-07. Data plotted as curves. The amount for which banks were beneficiaries begins in 2000 at about $0.2 trillion and rises gradually through the end of 2003 to reach about $0.5 trillion. It then increases rapidly over the next three years to reach about $4.5 trillion in 2006, with a dip of about $0.5 trillion in 2005; it reaches $8 trillion by the end of 2007. The amount for which banks were guarantors begins in 2000 at about $0.15 trillion and rises gradually through the end of 2003 to reach about $0.5 trillion. It then increases rapidly to reach about $4.5 trillion in 2006 and $8 trillion by the end of 2007.
Note: The data are quarterly.