Nov. 16 (Bloomberg) -- Growth in derivatives markets accelerated in the first half of this year, a report from the Bank of International Settlements showed today.
Notional amounts outstanding of over-the-counter derivatives climbed 18 percent to $707.6 trillion by the end of June, compared with the six months ended December 2010, when they increased 3 percent, the bank said in the report.
Interest-rate swaps jumped 21 percent to $441.6 trillion in the first half, accounting for 62 percent of the total amount, the report showed. Credit-default swaps rose 8 percent to $32.4 trillion, the BIS said.
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