CDS volumes near $50 trillion - but growth slows

The notional amount of outstanding over-the-counter credit derivatives grew by 32% in the first six months of the year, reaching $45.46 trillion in mid-2007, according to the International Swaps and Derivatives Association.

Isda's 2007 mid-year survey of OTC credit derivatives, which includes single-name credit default swaps, CDS indices, baskets and portfolios, found that the total notional had grown by around 75% during the 12-month period ending mid-year 2007. By historical standards, growth o

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