Commercial Paper Rates and Outstanding Summary
Commercial Paper Rates and Outstanding Summary
RSS
Data Download
FRED
Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of December 4, 2025Posted December 5, 2025
On December 18, the "View chart" feature on the Board Data Download Program (DDP) pages will be replaced with links for users to visualize Board data in Federal Reserve Economic Data (FRED), which provides expanded functionality for customizing, sharing, and accessing charts as part of the DDP and FRED partnership.
The commercial paper release will usually be posted daily at 1:00 p.m. However, the Federal Reserve Board makes no guarantee regarding the timing of the daily posting. This policy is subject to change at any time without notice.
Rates
| Period | AA nonfinancial | A2/P2 nonfinancial | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1-day | 7-day | 15-day | 30-day | 60-day | 90-day | 1-day | 7-day | 15-day | 30-day | 60-day | 90-day | ||
| Nov. 28 | 3.88 | n.a. | n.a. | n.a. | n.a. | n.a. | 4.03 | n.a. | 4.07 | 4.10 | 4.07 | n.a. | |
| Dec. 1 | 3.98 | 3.90 | 3.88 | 3.84 | 3.77 | n.a. | 4.02 | 4.07 | 4.07 | 4.08 | 4.07 | n.a. | |
| Dec. 2 | 3.98 | 3.90 | 3.90 | 3.87 | 3.83 | n.a. | 4.02 | 4.03 | 4.10 | 4.11 | 4.11 | 4.13 | |
| Dec. 3 | 3.97 | 3.90 | 3.86 | 3.85 | 3.69 | n.a. | 4.01 | 4.04 | 4.08 | 4.08 | 4.06 | 4.03 | |
| Dec. 4 | 3.86 | 3.85 | 3.86 | 3.90 | n.a. | n.a. | 4.01 | 4.06 | 4.09 | 4.09 | 4.03 | n.a. | |
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
| Period | AA financial | AA asset-backed | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1-day | 7-day | 15-day | 30-day | 60-day | 90-day | 1-day | 7-day | 15-day | 30-day | 60-day | 90-day | ||
| Nov. 28 | 3.89 | n.a. | n.a. | n.a. | n.a. | n.a. | 4.00 | 3.99 | 4.03 | n.a. | 4.02 | 4.05 | |
| Dec. 1 | 3.89 | 3.89 | 3.93 | 3.91 | n.a. | n.a. | 3.98 | 4.00 | 3.98 | 3.98 | 3.97 | 3.96 | |
| Dec. 2 | 3.89 | 3.89 | n.a. | 3.89 | n.a. | 3.89 | 3.96 | 4.00 | 4.00 | 4.00 | 4.00 | 3.96 | |
| Dec. 3 | 3.89 | 3.89 | n.a. | n.a. | n.a. | 3.84 | 3.95 | 3.98 | 4.05 | 4.02 | 3.97 | 3.95 | |
| Dec. 4 | 3.88 | 3.87 | 3.84 | 3.79 | 3.70 | 3.79 | 3.93 | 3.97 | 3.89 | 3.96 | 3.93 | 3.96 | |
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
Outstanding Levels
Seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end levels | |||||||||
| 2025-July | 1,381.7 | 351.1 | 274.2 | 76.9 | 630.8 | 238.4 | 392.5 | 398.8 | 1.0 |
| Aug. | 1,377.6 | 338.2 | 268.0 | 70.2 | 630.8 | 246.9 | 383.9 | 405.6 | 2.9 |
| Sept. | 1,343.3 | 328.8 | 254.2 | 74.6 | 606.8 | 249.3 | 357.5 | 403.8 | 3.9 |
| Oct. | 1,314.6 | 325.3 | 251.4 | 73.9 | 581.6 | 242.8 | 338.8 | 402.3 | 5.4 |
| Nov. | 1,282.8 | 326.5 | 251.0 | 75.5 | 560.3 | 233.2 | 327.1 | 390.8 | 5.3 |
| Weekly (Wednesday) levels | |||||||||
| Nov. 5 | 1,322.1 | 333.8 | 256.6 | 77.2 | 585.3 | 252.3 | 332.9 | 397.4 | 5.7 |
| Nov. 12 | 1,316.0 | 335.8 | 259.8 | 76.0 | 576.9 | 251.5 | 325.5 | 398.1 | 5.2 |
| Nov. 19 | 1,300.1 | 337.5 | 257.5 | 80.0 | 567.8 | 245.0 | 322.8 | 389.9 | 4.8 |
| Nov. 26 | 1,301.5 | 342.8 | 262.7 | 80.1 | 563.0 | 242.7 | 320.2 | 390.6 | 5.2 |
| Dec. 3 | 1,305.3 | 329.2 | 249.1 | 80.2 | 579.7 | 244.4 | 335.3 | 391.1 | 5.3 |
Not seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end levels | |||||||||
| 2025-July | 1,357.1 | 338.5 | 253.3 | 85.2 | 615.9 | 249.9 | 366.0 | 401.1 | 1.6 |
| Aug. | 1,362.2 | 323.2 | 240.4 | 82.8 | 632.1 | 254.8 | 377.3 | 403.9 | 3.0 |
| Sept. | 1,310.8 | 290.6 | 226.0 | 64.6 | 614.2 | 232.1 | 382.0 | 402.1 | 3.9 |
| Oct. | 1,328.3 | 320.5 | 245.0 | 75.6 | 601.1 | 243.7 | 357.4 | 401.4 | 5.3 |
| Nov. | 1,311.3 | 312.3 | 239.0 | 73.3 | 603.0 | 232.2 | 370.9 | 391.0 | 5.0 |
| Weekly (Wednesday) levels | |||||||||
| Nov. 5 | 1,327.6 | 325.7 | 249.1 | 76.6 | 602.1 | 242.2 | 359.9 | 394.1 | 5.7 |
| Nov. 12 | 1,321.6 | 316.4 | 242.0 | 74.5 | 606.0 | 245.2 | 360.8 | 394.2 | 4.9 |
| Nov. 19 | 1,332.2 | 323.5 | 246.8 | 76.7 | 614.1 | 243.6 | 370.5 | 389.9 | 4.7 |
| Nov. 26 | 1,331.0 | 316.6 | 242.5 | 74.1 | 614.6 | 244.0 | 370.5 | 394.8 | 5.1 |
| Dec. 3 | 1,329.3 | 311.7 | 239.8 | 71.8 | 620.0 | 240.3 | 379.6 | 392.3 | 5.3 |
Last Update: December 5, 2025