DTCC: Top 15 Sovereign And Corporate Credit Default Swaps For Week Ending 01/04/2013

The Depository Trust & Clearing Corporation (DTCC) publishes weekly data listing credit default swaps (CDS) contracts on the top 15 sovereign and corporate reference entities by net notional amount as well as the Top 10 volume movers by percentage change based on the net notional amount registered in its Trade Information Warehouse.

DTCC’s Trade Information Warehouse contains approximately 98% of all CDS trades executed globally. This information is publicly available on DTCC’s website, www.dtcc.com, where you can also view more extensive information on the total size of the global CDS market and other data. DTCC makes this information available to the public as part of its ongoing efforts to bring greater transparency to the CDS market.

The gross notional amount represents the value of all active CDS contracts, including offsetting contracts. The net notional amount is a better indication of risk since it eliminates offsetting CDS contracts and represents the maximum amount that would have to be paid in the event of a default by the indicated entity, assuming netting across trade counterparties’ families.* The Top 10 volume movers show the reference entities with the largest notional movement for that week compared to one week ago (table #3) and four weeks ago (table #4), using data from the Top 1000 reference entities on www.dtcc.com.

*A counterparty family will typically include all of the accounts of a particular asset manager or corporate affiliates rolled up to the holding company level.

Top 15 Sovereign Reference Entities by Net Notional (Week ending January 04, 2013)
	Type	Net Notional (USD EQ)	Net % Change vs 1 Week Ago	Net % Change vs 4 Weeks Ago	Net % Change vs 52 Weeks Ago	Gross Notional (USD EQ)	Contracts
REPUBLIC OF ITALY	SOV	21,051,903,152	-1.05%	-0.22%	-1.44%	388,134,186,854	13,010
FEDERATIVE REPUBLIC OF BRAZIL	SOV	17,399,919,883	0.54%	3.86%	-4.30%	156,392,760,926	9,748
FRENCH REPUBLIC	SOV	15,728,586,366	0.02%	-6.35%	-27.91%	177,438,363,600	7,547
FEDERAL REPUBLIC OF GERMANY	SOV	14,937,665,805	-2.18%	-3.17%	-22.93%	154,731,771,117	5,838
KINGDOM OF SPAIN	SOV	12,411,586,964	-2.04%	-1.83%	-21.63%	212,935,499,745	10,129
JAPAN	SOV	9,739,775,687	-0.20%	-4.02%	10.88%	78,523,163,548	7,635
UNITED MEXICAN STATES	SOV	8,270,633,685	-0.76%	-5.46%	-3.71%	117,805,642,821	8,321
PEOPLE'S REPUBLIC OF CHINA	SOV	8,108,939,307	0.45%	-7.75%	-12.28%	74,869,718,471	8,143
UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND	SOV	8,078,736,243	-1.27%	-2.37%	-33.71%	70,435,769,978	4,540
REPUBLIC OF TURKEY	SOV	7,081,468,760	-1.68%	-1.25%	40.09%	137,678,160,845	9,062
REPUBLIC OF KOREA	SOV	6,375,025,921	-0.55%	-4.74%	28.92%	84,730,669,694	9,031
REPUBLIC OF AUSTRIA	SOV	4,542,642,365	-1.52%	-2.19%	-22.94%	61,027,203,349	2,700
RUSSIAN FEDERATION	SOV	4,482,733,938	-4.15%	-11.32%	9.30%	109,797,055,287	8,628
PORTUGUESE REPUBLIC	SOV	4,165,812,396	-2.96%	-2.98%	-18.53%	70,837,948,298	4,651
KINGDOM OF BELGIUM	SOV	3,999,867,442	-0.85%	2.70%	-28.44%	66,382,786,297	3,452

Top 15 Corporate Reference Entities by Net Notional (Week ending January 04, 2013)
	Type	Net Notional (USD EQ)	Net % Change vs 1 Week Ago	Net % Change vs 4 Weeks Ago	Net % Change vs 52 Weeks Ago	Gross Notional (USD EQ)	Contracts
GENERAL ELECTRIC CAPITAL CORPORATION	CORP	8,653,369,431	-0.21%	-6.27%	-19.75%	77,385,821,221	6,007
BERKSHIRE HATHAWAY INC.	CORP	7,541,914,254	0.32%	0.89%	45.51%	34,604,519,114	3,375
METLIFE, INC.	CORP	4,675,321,164	-1.25%	-1.94%	1.03%	29,370,177,875	3,723
BANK OF AMERICA CORPORATION	CORP	4,606,071,296	0.87%	2.11%	-19.36%	67,284,281,368	7,916
DEUTSCHE BANK AKTIENGESELLSCHAFT	CORP	4,578,926,823	-1.12%	-6.12%	-0.10%	55,963,882,735	6,806
THE GOLDMAN SACHS GROUP, INC.	CORP	4,462,639,554	-1.31%	-12.56%	-5.79%	68,348,935,518	6,967
BARCLAYS BANK PLC	CORP	3,893,967,405	-0.92%	-9.34%	18.38%	47,555,932,846	6,156
MORGAN STANLEY	CORP	3,774,110,470	0.52%	-17.16%	-10.55%	66,979,712,622	7,034
WELLS FARGO & COMPANY	CORP	3,680,783,241	0.45%	-7.16%	-28.33%	48,033,535,195	5,848
JPMORGAN CHASE & CO.	CORP	3,353,461,365	0.60%	-13.45%	-40.20%	63,902,308,361	6,844
VOLKSWAGEN AKTIENGESELLSCHAFT	CORP	3,159,210,109	-0.48%	-10.41%	-2.76%	35,975,850,294	4,183
UNICREDIT, SOCIETA PER AZIONI	CORP	3,132,515,647	-0.96%	-6.25%	-17.46%	41,233,143,426	5,533
AXA	CORP	3,122,796,310	-1.07%	-3.63%	2.10%	37,452,276,861	5,071
TELEFONICA, S.A.	CORP	3,106,553,439	-1.32%	-8.68%	-7.34%	40,526,602,538	4,835
ARCELORMITTAL	CORP	2,969,445,756	-0.65%	-7.55%	-5.32%	35,457,372,901	4,951

Top 10 Sovereign Reference Entities by Net Notional Change vs 1 Week Ago
	Type		Net Notional (USD EQ)		Net % Change vs 1 Week Ago		Net % Change vs 4 Weeks Ago		Net % Change vs 52 Weeks Ago		Gross Notional (USD EQ)	Contracts
IRELAND	SOV		2,553,959,792		-9.88%		-11.33%		-28.79%		49,918,553,334	3,491
ARGENTINE REPUBLIC	SOV		1,406,278,432		-5.92%		-7.81%		-39.11%		37,304,659,136	3,665
ARAB REPUBLIC OF EGYPT	SOV		460,361,277		-4.20%		-7.76%		-39.97%		4,295,659,138	1,001
RUSSIAN FEDERATION	SOV		4,482,733,938		-4.15%		-11.32%		9.30%		109,797,055,287	8,628
COMMONWEALTH OF AUSTRALIA	SOV		3,585,752,581		-3.46%		-8.09%		-29.37%		39,242,549,648	4,435
REPUBLIC OF CROATIA	SOV		441,000,252		3.45%		1.71%		-2.89%		11,551,656,038	1,333
PORTUGUESE REPUBLIC	SOV		4,165,812,396		-2.96%		-2.98%		-18.53%		70,837,948,298	4,651
HUNGARY	SOV		1,940,387,061		-2.60%		0.94%		100.00%		69,257,274,699	6,549
UNITED STATES OF AMERICA	SOV		3,410,744,548		-2.43%		-0.24%		-31.31%		23,245,438,126	1,024
FEDERAL REPUBLIC OF GERMANY	SOV		14,937,665,805		-2.18%		-3.17%		-22.93%		154,731,771,117	5,838

Top 10 Corporate Reference Entities by Net Notional Change vs 1 Week Ago
	Type		Net Notional (USD EQ)		Net % Change vs 1 Week Ago		Net % Change vs 4 Weeks Ago		Net % Change vs 52 Weeks Ago		Gross Notional (USD EQ)	Contracts
SANMINA-SCI CORPORATION	CORP		226,571,342		25.47%		-11.49%		-22.60%		3,569,984,355	1,146
MITSUBISHI CHEMICAL CORPORATION	CORP		267,567,216		16.64%		-4.75%		100.00%		1,895,088,192	273
AGEAS N.V.	CORP		271,397,216		13.64%		-15.66%		-29.00%		2,644,658,542	450
STATOIL ASA	CORP		706,567,643		-11.97%		-16.02%		-10.42%		5,769,689,873	1,027
MTR CORPORATION LIMITED	CORP		94,146,356		-11.63%		-21.23%		-35.61%		1,435,583,614	289
THE ROYAL BANK OF SCOTLAND N.V.	CORP		607,583,064		-10.64%		-24.22%		-4.56%		13,968,647,838	1,776
HASBRO, INC.	CORP		212,133,066		-8.96%		-28.41%		-44.70%		4,137,542,146	1,092
SUMITOMO CORPORATION	CORP		518,108,542		-8.35%		-6.17%		-22.06%		4,985,525,556	891
TRW AUTOMOTIVE INC.	CORP		408,776,155		-7.97%		-21.58%		-28.19%		6,010,512,440	1,610
CASINO GUICHARD-PERRACHON	CORP		1,017,565,809		-7.92%		0.75%		-30.30%		18,983,292,978	3,050
Top 10 Sovereign Reference Entities by Net Notional Change vs 4 Weeks Ago
	Type	Net Notional (USD EQ)		Net % Change vs 1 Week Ago		Net % Change vs 4 Weeks Ago		Net % Change vs 52 Weeks Ago		Gross Notional (USD EQ)		Contracts
SWISS CONFEDERATION	SOV	503,381,455		-0.63%		100.00%		100.00%		1,436,750,549		96
REPUBLIC OF KAZAKHSTAN	SOV	764,595,054		0.00%		-17.32%		-12.81%		15,954,290,520		1,582
REPUBLIC OF ICELAND	SOV	501,771,279		-0.05%		-13.78%		-38.67%		5,634,436,462		881
REPUBLIC OF PANAMA	SOV	524,121,382		1.20%		12.77%		-29.22%		6,905,106,305		971
SOCIALIST REPUBLIC OF VIETNAM	SOV	585,115,000		-1.91%		-11.60%		-18.92%		8,344,765,200		1,246
REPUBLIC OF BULGARIA	SOV	582,598,409		0.01%		-11.51%		-21.22%		18,251,767,566		1,974
IRELAND	SOV	2,553,959,792		-9.88%		-11.33%		-28.79%		49,918,553,334		3,491
RUSSIAN FEDERATION	SOV	4,482,733,938		-4.15%		-11.32%		9.30%		109,797,055,287		8,628
REPUBLIC OF INDONESIA	SOV	3,133,689,600		-0.11%		-11.22%		0.52%		40,696,400,622		5,249
CZECH REPUBLIC	SOV	680,706,358		-0.31%		-9.93%		-25.38%		14,568,861,498		1,258

Top 10 Corporate Reference Entities by Net Notional Change vs 4 Weeks Ago
	Type	Net Notional (USD EQ)		Net % Change vs 1 Week Ago		Net % Change vs 4 Weeks Ago		Net % Change vs 52 Weeks Ago		Gross Notional (USD EQ)		Contracts
HUNTSMAN INTERNATIONAL LLC	CORP	48,074,909		0.16%		-57.04%		-73.79%		1,559,486,881		551
BRITISH ENERGY BOND FINANCE PLC	CORP	244,375,808		-1.09%		56.35%		80.09%		1,645,507,248		277
BANCA ITALEASE S.P.A.	CORP	75,721,384		-1.11%		-47.21%		-61.30%		1,633,172,851		323
BRISTOL-MYERS SQUIBB COMPANY	CORP	406,676,945		-0.13%		-43.31%		-41.15%		11,560,658,157		1,791
ALLIANCE BOOTS HOLDINGS LIMITED	CORP	341,861,035		-0.87%		-40.13%		-50.78%		10,968,582,984		2,337
MATTEL, INC.	CORP	362,683,060		-0.45%		-38.62%		-42.54%		5,875,481,425		1,398
J SAINSBURY PLC	CORP	614,989,195		-0.87%		37.21%		-25.44%		14,621,759,676		2,244
RHODIA	CORP	240,973,104		-1.24%		-36.01%		-45.43%		8,777,726,105		1,778
COLT TECHNOLOGY SERVICES GROUP LIMITED	CORP	127,477,550		-1.07%		-35.84%		-33.09%		3,106,325,703		738
INFINEON TECHNOLOGIES HOLDING B.V.	CORP	139,616,174		0.91%		-35.67%		-39.65%		3,222,086,536		844