Commercial Paper Rates and Outstanding Summary

Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of June 13, 2024Posted June 14, 2024

Volume statistics for daily commercial paper issuance are provided for each of the commercial paper rate categories: AA nonfinancial, A2/P2 nonfinancial, AA financial, and AA asset-backed; as well as for the total market. Total market is not the sum of the four rate categories as there is additional issuance that does not fall in any of the rate categories. The criteria that determine which issues are included in the rate categories are detailed in the Rate Calculations section of the About page of this release. The market statistics reflect all sales of commercial paper to investors by dealers or direct issuers, excluding secondary issues and repurchase agreement and financing issues.

AA nonfinancial
Period Amount 1 Number of issues
Total Days to maturity Total Days to maturity
1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days 1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days
Annual average
2022 4,359 3,230 319 237 297 195 80 157 109 13 10 13 8 3
2023 3,510 2,629 291 186 213 106 85 122 88 9 8 9 4 4
2024* 2,935 1,733 607 171 234 158 32 106 63 19 7 9 7 1
Monthly average
2024-Jan. 3,000 1,768 711 75 129 262 55 104 61 20 3 6 10 4
Feb. 2,554 1,683 463 111 169 127 0 95 62 15 4 8 6 0
Mar. 2,598 1,393 398 249 341 182 35 99 51 14 10 14 9 1
Apr. 2,679 1,543 403 175 333 179 46 101 58 13 7 12 9 2
May 3,374 1,842 1,036 139 267 83 7 113 62 33 5 9 4 0
June* 3,972 2,759 618 411 52 62 70 151 110 20 16 2 2 2
Weekly (Friday) average
May 17 2,733 915 1,299 140 292 86 0 98 35 43 6 11 2 0
May 24 4,031 2,220 1,096 126 506 83 0 134 72 38 4 15 4 0
May 31 3,366 1,873 1,114 56 219 106 0 111 64 32 2 8 5 0
June 7 3,936 2,509 929 434 7 0 57 152 106 28 16 0 0 2
June 14* 4,017 3,071 229 382 108 140 88 149 114 9 16 4 4 2
Daily
June 7 5,827 1,369 3,732 689 37 0 0 219 90 107 20 2 0 0
June 10 5,972 4,940 100 593 130 8 200 230 196 2 22 3 1 6
June 11 7,382 6,490 132 89 221 350 100 255 224 8 4 10 7 2
June 12 1,511 450 533 528 0 0 0 52 14 23 15 0 0 0
June 13 1,204 405 150 316 82 200 50 58 23 3 23 2 6 1
* Data through June 13.
A2/P2 nonfinancial
Period Amount 1 Number of issues
Total Days to maturity Total Days to maturity
1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days 1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days
Annual average
2022 10,100 6,494 1,125 958 1,006 317 200 775 452 94 91 97 30 11
2023 10,274 6,688 1,183 921 1,060 241 181 838 471 93 91 140 31 12
2024* 10,734 6,937 1,369 902 882 459 185 732 425 87 76 93 41 10
Monthly average
2024-Jan. 11,026 6,746 1,573 967 995 373 372 786 445 112 84 93 37 15
Feb. 10,774 6,917 1,476 1,029 859 259 235 794 448 103 95 103 31 13
Mar. 9,986 6,559 1,374 826 814 231 182 691 396 86 77 91 28 12
Apr. 10,559 6,955 1,137 729 1,010 684 45 697 404 65 56 116 51 6
May 11,109 7,218 1,384 823 765 848 72 708 423 82 62 72 63 6
June* 11,221 7,582 1,175 1,263 802 140 258 707 448 67 90 68 24 9
Weekly (Friday) average
May 17 11,739 7,217 1,538 895 795 1,161 134 749 423 95 60 82 78 12
May 24 10,399 7,336 1,422 673 544 406 18 702 433 93 65 65 43 3
May 31 12,691 7,814 1,666 785 755 1,644 26 726 467 93 54 57 54 1
June 7 10,969 7,606 1,170 1,114 906 153 20 695 444 64 88 81 18 1
June 14* 11,536 7,553 1,181 1,450 671 124 557 721 454 70 94 52 32 19
Daily
June 7 8,879 6,471 397 1,456 338 218 0 589 400 32 96 29 32 0
June 10 10,253 7,066 1,251 1,279 430 159 68 625 422 80 69 30 16 8
June 11 11,833 7,404 917 886 595 24 2,008 674 446 49 69 57 9 44
June 12 12,014 7,617 1,146 2,203 757 176 115 726 457 59 127 51 14 18
June 13 12,043 8,126 1,409 1,433 902 137 36 860 489 94 109 71 91 6
* Data through June 13.
AA financial
Period Amount 1 Number of issues
Total Days to maturity Total Days to maturity
1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days 1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days
Annual average
2022 9,562 8,408 596 118 224 88 128 246 206 18 4 7 3 9
2023 7,628 6,657 581 102 130 82 76 209 178 18 3 3 2 5
2024* 4,975 4,625 230 17 57 10 37 137 125 7 0 2 0 2
Monthly average
2024-Jan. 4,563 4,363 126 6 15 20 32 126 117 5 0 1 0 2
Feb. 3,491 3,397 61 13 10 6 4 97 93 3 0 1 0 0
Mar. 4,593 4,177 269 31 82 6 29 131 117 9 1 2 0 2
Apr. 6,449 5,921 408 12 75 7 26 169 153 12 0 2 0 1
May 6,095 5,545 334 20 112 13 71 166 148 10 1 4 0 3
June* 3,791 3,589 63 29 22 0 87 109 101 2 1 1 0 4
Weekly (Friday) average
May 17 6,670 5,775 447 20 403 15 10 182 155 13 0 13 0 0
May 24 5,614 5,068 454 10 0 25 57 155 137 15 0 0 1 3
May 31 4,317 4,177 49 22 34 21 15 122 116 2 1 1 1 1
June 7 3,970 3,780 49 13 39 0 89 114 106 3 0 1 0 4
June 14* 3,567 3,352 81 50 0 0 84 102 94 2 1 0 0 5
Daily
June 7 3,470 3,417 0 0 0 0 53 103 100 0 0 0 0 3
June 10 3,448 3,325 50 0 0 0 73 89 84 1 0 0 0 4
June 11 3,494 3,305 0 0 0 0 189 108 94 0 0 0 0 14
June 12 3,676 3,351 275 0 0 0 50 115 107 7 0 0 0 1
June 13 3,650 3,425 0 200 0 0 25 97 92 0 4 0 0 1
* Data through June 13.
AA asset-backed
Period Amount 1 Number of issues
Total Days to maturity Total Days to maturity
1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days 1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days
Annual average
2022 16,982 11,030 2,697 541 918 483 1,314 535 336 77 16 31 16 58
2023 16,214 9,705 3,223 487 860 509 1,431 506 300 89 16 28 16 56
2024* 21,480 14,962 3,324 484 689 438 1,583 632 428 92 14 22 14 61
Monthly average
2024-Jan. 19,858 12,726 3,550 535 672 734 1,641 613 383 98 16 22 24 70
Feb. 20,311 13,928 2,973 566 780 311 1,753 602 402 83 18 24 11 66
Mar. 21,460 15,141 3,233 488 667 445 1,485 627 431 91 15 22 13 55
Apr. 21,417 15,203 3,269 494 582 396 1,473 618 429 91 13 18 12 53
May 23,525 17,023 3,454 396 618 324 1,710 673 469 94 12 20 11 67
June* 23,070 16,434 3,610 365 1,006 400 1,255 687 479 95 11 35 15 52
Weekly (Friday) average
May 17 24,442 17,910 3,241 298 846 205 1,941 688 484 87 10 24 7 76
May 24 23,402 17,163 3,582 538 361 326 1,431 671 476 97 16 14 13 55
May 31 24,089 17,703 4,191 393 470 224 1,108 713 506 115 11 17 8 57
June 7 22,726 16,010 3,413 274 1,200 495 1,333 698 477 90 9 46 20 55
June 14* 23,500 16,963 3,857 478 764 280 1,157 672 480 101 13 22 9 48
Daily
June 7 22,300 16,731 2,648 200 1,000 390 1,331 707 489 65 5 60 11 77
June 10 23,301 18,028 2,612 598 554 100 1,408 665 506 75 14 14 2 54
June 11 23,516 16,908 4,895 0 382 270 1,062 675 487 121 0 12 11 44
June 12 22,448 16,282 3,406 287 887 575 1,011 669 469 92 10 26 19 53
June 13 24,733 16,635 4,514 1,029 1,234 175 1,148 681 460 115 27 35 4 40
* Data through June 13.
Total market
Period Amount 1 Number of issues
Total Days to maturity Total Days to maturity
1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days 1 - 4 days 5 - 9 days 10 - 20 days 21 - 40 days 41 - 80 days 81+ days
Annual average
2022 121,237 83,340 14,203 4,945 6,919 3,738 8,093 4,541 2,744 516 287 380 187 426
2023 115,630 78,012 15,262 4,619 6,585 2,951 8,202 4,625 2,730 546 286 462 178 423
2024* 125,703 86,163 16,709 4,640 6,418 2,988 8,785 4,758 2,849 588 287 401 191 443
Monthly average
2024-Jan. 120,901 79,690 17,069 5,437 6,895 3,650 8,159 4,850 2,792 620 349 432 220 436
Feb. 120,872 81,764 16,859 4,588 6,466 2,170 9,025 4,736 2,777 630 308 429 146 445
Mar. 120,857 83,236 15,227 4,632 6,717 2,407 8,638 4,581 2,728 557 289 415 155 436
Apr. 131,338 91,824 17,348 3,984 6,295 3,120 8,766 4,780 2,937 566 243 404 191 439
May 133,153 92,891 17,394 4,067 5,965 3,516 9,320 4,856 2,976 594 234 361 229 461
June* 126,967 87,592 15,759 5,913 5,911 3,000 8,792 4,716 2,897 528 321 328 208 433
Weekly (Friday) average
May 17 137,367 96,356 18,097 4,237 6,174 3,583 8,919 4,966 3,067 642 232 368 225 432
May 24 132,072 92,100 17,933 4,377 5,727 3,198 8,737 4,839 2,984 595 258 377 195 430
May 31 129,887 89,583 18,485 3,729 5,568 3,830 8,692 4,848 2,944 633 204 320 253 494
June 7 126,507 86,973 15,629 4,266 7,029 3,220 9,390 4,732 2,888 515 258 387 214 470
June 14* 127,543 88,365 15,921 7,973 4,512 2,726 8,045 4,697 2,909 544 399 255 201 388
Daily
June 7 121,272 85,555 14,916 4,756 4,615 2,736 8,694 4,548 2,879 481 257 248 183 500
June 10 125,217 90,152 11,453 8,478 4,508 3,044 7,582 4,513 2,952 398 349 220 213 381
June 11 132,271 88,772 19,218 6,585 4,347 3,059 10,290 4,788 2,989 579 337 261 186 436
June 12 125,066 85,198 17,383 8,362 4,413 2,738 6,973 4,692 2,786 627 442 251 204 382
June 13 127,617 89,340 15,630 8,468 4,782 2,062 7,336 4,794 2,910 574 468 287 201 354
* Data through June 13.

Footnotes

1. Millions of dollars.

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Last Update: June 14, 2024