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 April 23, 2024Posted April 24, 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* 2,783 1,657 496 162 240 191 36 102 60 16 7 10 8 2
Monthly average
2023-Nov. 3,304 2,349 393 213 199 83 68 110 75 11 9 9 4 3
Dec. 3,287 1,842 994 165 141 111 33 113 69 27 6 6 4 1
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.* 3,015 1,817 392 224 337 192 54 110 66 12 9 12 8 2
Weekly (Friday) average
Mar. 29 1,894 1,199 96 358 98 143 0 81 49 3 18 5 6 0
Apr. 5 2,880 2,220 95 86 429 50 0 117 94 3 3 13 3 0
Apr. 12 3,598 2,128 239 365 524 200 142 121 66 8 14 20 10 4
Apr. 19 1,876 337 754 255 181 307 42 69 13 22 11 8 10 4
Apr. 26* 4,739 3,729 610 141 25 234 0 170 128 23 10 1 8 0
Daily
Apr. 17 1,440 191 650 213 0 386 0 44 9 14 7 0 14 0
Apr. 18 1,080 432 223 267 33 125 0 44 18 9 11 2 4 0
Apr. 19 3,383 243 2,644 151 100 170 75 105 12 74 4 2 4 9
Apr. 22 5,497 4,541 905 50 0 1 0 178 148 28 1 0 1 0
Apr. 23 3,980 2,916 315 231 50 468 0 162 109 18 18 2 15 0
* Data through April 23.
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* 10,633 6,800 1,403 892 932 388 217 744 424 93 79 101 35 12
Monthly average
2023-Nov. 10,491 6,888 1,480 858 906 309 50 794 455 105 76 113 41 5
Dec. 9,883 6,490 1,401 671 1,001 208 112 685 429 93 51 80 23 10
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.* 10,782 7,029 1,145 723 1,086 753 46 697 404 68 54 119 46 6
Weekly (Friday) average
Mar. 29 9,074 5,575 1,661 725 793 274 46 652 328 108 82 95 34 6
Apr. 5 11,929 7,568 1,106 565 1,142 1,477 72 719 408 67 45 148 39 12
Apr. 12 9,693 6,075 1,040 751 1,347 458 23 641 361 61 59 120 37 3
Apr. 19 10,664 7,471 1,163 693 824 469 42 731 443 69 55 94 66 4
Apr. 26* 10,931 6,962 1,462 1,127 947 388 45 694 403 85 64 106 33 4
Daily
Apr. 17 9,913 7,413 1,164 426 811 99 0 655 447 82 45 66 15 0
Apr. 18 10,944 7,367 1,163 840 703 810 61 720 416 65 66 54 112 7
Apr. 19 10,287 7,005 1,192 1,194 484 292 120 671 432 71 74 54 34 6
Apr. 22 11,872 7,456 1,976 1,345 907 158 30 749 430 117 66 116 15 5
Apr. 23 9,990 6,469 948 908 987 618 60 640 376 53 62 95 51 3
* Data through April 23.
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* 4,707 4,390 218 17 48 10 23 130 119 7 0 1 0 2
Monthly average
2023-Nov. 6,440 5,618 589 50 44 61 78 170 144 17 2 1 2 3
Dec. 5,223 4,462 612 82 12 2 52 136 113 18 2 1 0 2
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.* 6,455 5,855 454 16 94 8 29 171 152 13 0 3 0 1
Weekly (Friday) average
Mar. 29 3,683 3,645 8 0 0 10 20 99 97 1 0 0 0 1
Apr. 5 5,814 5,125 420 40 142 20 67 162 141 12 1 5 0 3
Apr. 12 6,706 6,253 427 0 0 0 26 174 160 13 0 0 0 1
Apr. 19 6,755 6,112 497 13 127 6 0 174 156 14 0 4 1 0
Apr. 26* 6,684 6,045 500 0 125 0 14 174 154 14 0 4 0 2
Daily
Apr. 17 7,392 6,140 1,135 67 50 0 0 200 160 37 2 1 0 0
Apr. 18 6,181 6,050 100 0 31 0 0 157 153 2 0 2 0 0
Apr. 19 6,291 6,227 0 0 50 14 0 158 155 0 0 1 2 0
Apr. 22 6,040 5,790 0 0 250 0 0 155 147 0 0 8 0 0
Apr. 23 7,328 6,300 1,000 0 0 0 28 194 162 29 0 0 0 3
* Data through April 23.
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* 20,695 14,150 3,252 529 694 476 1,595 614 409 90 16 22 15 61
Monthly average
2023-Nov. 16,665 9,142 3,318 665 784 1,058 1,698 520 285 90 20 24 35 65
Dec. 17,031 10,232 2,901 619 1,071 633 1,575 524 310 82 17 35 22 59
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.* 21,238 14,947 3,236 528 652 389 1,486 614 425 90 14 21 13 53
Weekly (Friday) average
Mar. 29 19,285 12,485 3,727 437 629 322 1,685 551 352 103 16 17 10 53
Apr. 5 21,123 14,807 3,035 587 554 416 1,724 616 422 88 16 19 14 58
Apr. 12 21,876 15,223 3,345 562 961 293 1,491 628 431 92 14 27 9 56
Apr. 19 20,694 14,671 3,390 360 448 404 1,421 594 419 94 9 15 12 45
Apr. 26* 21,287 15,292 3,077 717 635 524 1,042 625 430 84 20 22 21 49
Daily
Apr. 17 21,047 13,281 5,022 680 253 499 1,313 612 375 146 16 8 16 51
Apr. 18 20,739 14,516 3,985 106 77 405 1,650 594 421 104 5 6 9 49
Apr. 19 18,930 14,792 1,867 650 354 310 958 548 424 58 14 21 7 24
Apr. 22 20,539 14,973 2,084 467 1,055 655 1,306 600 415 57 11 38 21 58
Apr. 23 22,034 15,611 4,071 967 214 393 778 650 445 110 29 5 21 40
* Data through April 23.
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* 123,395 83,784 16,751 4,744 6,634 2,871 8,611 4,739 2,801 599 302 420 177 439
Monthly average
2023-Nov. 115,481 74,918 16,498 4,849 5,367 4,200 9,650 4,527 2,615 589 284 359 238 443
Dec. 111,727 74,396 15,355 4,602 6,812 3,477 7,085 4,305 2,616 545 245 369 186 344
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.* 132,579 91,895 18,112 4,211 6,405 3,307 8,650 4,800 2,933 586 252 402 188 439
Weekly (Friday) average
Mar. 29 99,649 66,774 14,891 4,311 5,576 1,959 6,137 3,894 2,242 562 254 373 122 341
Apr. 5 129,513 89,663 16,420 4,183 6,747 3,731 8,769 4,777 2,876 551 272 451 165 462
Apr. 12 133,048 92,271 18,494 4,358 6,861 2,866 8,199 4,729 2,903 571 266 395 180 414
Apr. 19 133,794 92,352 19,146 4,288 5,730 3,374 8,906 4,855 2,986 611 232 353 218 454
Apr. 26* 136,030 95,390 18,803 3,722 6,098 3,179 8,838 4,898 3,014 649 214 419 194 407
Daily
Apr. 17 136,471 90,995 23,948 3,206 4,817 3,137 10,368 4,980 2,977 752 234 336 166 515
Apr. 18 135,970 92,818 18,219 3,477 5,856 4,731 10,869 4,910 2,992 570 232 338 282 496
Apr. 19 124,610 91,715 12,906 5,348 4,497 1,921 8,223 4,434 2,926 438 287 250 134 399
Apr. 22 131,398 95,885 13,709 3,226 7,436 1,868 9,275 4,664 3,011 498 160 473 138 384
Apr. 23 140,662 94,895 23,897 4,219 4,760 4,491 8,401 5,131 3,018 800 268 365 250 430
* Data through April 23.

Footnotes

1. Millions of dollars.

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Last Update: April 24, 2024