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https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/#:~:text=LONDON%2C%20Dec%205%20(Reuters),International%20Settlements%20(BIS)%20said

FX swap debt a $80 trillion 'blind spot' BIS says | Reuters

Pension funds and other 'non-bank' financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said.

https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/#:~:text=LONDON%2C%20Dec%205%20(Reuters),International%20Settlements%20(BIS)%20said

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