Close this search box.

UK bank derivatives exposures rose by £38bn in Q3 –

The gross mark-to-market value of all derivatives contracts held by UK banks rebounded in the third quarter, ticking up for the first time since Q1 2020.

The latest Bank of England (BoE) data shows total gross derivatives assets and liabilities at £5.07 trillion at the end of September, up from £5.03 trillion in the previous quarter – a 1% jump. 


The growth was driven by higher values for foreign exchange derivatives, which rose 9% quarter on quarter, to £1.2 trillion. Commodity and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.