JPY IRS Gross Notional Outstanding (weekly, USD mn)
| Product | 2026-08-31 | WoW (%) |
|---|---|---|
| Basis | 61,354 | -1.0 |
| Fixed-Float | 2,881,156 | +3.1 |
| OIS | 16,727,669 | +4.0 |
| OTHER | 98,834 | -0.4 |
| Swaption | 1,483,599 | -1.7 |
| TOTAL | 21,252,612 | $21.25T |
OIS notional history
Source: CFTC, Weekly Swaps Report.
JPY Futures Positioning (CME, COT) 2026-08-25
| Non-comm long | 128,340 |
|---|---|
| Non-comm short | 191,638 |
| Net | -63,298 contracts (yen-long = positive) |
| Open interest | 384,216 |
Non-commercial net position (contracts) thousands
Weekly, as of Tuesday. Source: CFTC, Commitments of Traders.