OTC single currency interest rate derivatives in Italy 2001-2022, by instrument

Between 2001 and 2022, the average daily turnover of over-the-counter (OTC) derivatives traded in Italy fluctuated considerably, peaking in 2004. The turnover of derivatives in 2004 amounted to a total value of about 38 billion U.S. dollars, while the turnover of derivatives in 2019 only amounted to 11.5 billion U.S. dollars, the market is experiencing upward growth as the total value climbs to roughly 21.4 billion U.S. dollars in 2022. The most commonly traded interest rate instruments were interest rate swaps, which are forward contracts wherein future interest payment streams are exchanged based on a definite principal amount.

自2001年至2022年，意大利场外交易衍生品的日均交易量波动显著，于2004年达到峰值。2004年的衍生品交易额总计约为380亿美元，而2019年的交易额仅为115亿美元。随着总价值的攀升，至2022年市场交易额大致达到214亿美元，市场正经历着上升趋势。最常交易的利率工具为利率互换，这是一种远期合约，其中未来利息支付流量的交换基于一个确定的本金金额。