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 September 17, 2024Posted September 18, 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* 3,444 2,034 707 244 238 166 54 123 72 21 10 9 7 3
Monthly average
2024-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 4,190 2,693 594 659 103 92 49 149 99 18 24 3 3 1
July 4,349 2,562 912 375 201 197 102 153 89 26 15 8 8 8
Aug. 4,139 2,414 983 274 309 56 103 144 84 27 12 12 3 6
Sept.* 4,706 2,818 916 106 292 456 119 179 102 29 4 14 24 7
Weekly (Friday) average
Aug. 23 4,102 3,416 10 169 372 54 80 147 118 1 5 17 3 4
Aug. 30 4,155 2,776 1,049 45 284 2 0 129 86 27 2 13 0 0
Sept. 6 4,420 2,774 1,099 20 62 374 91 146 81 32 1 3 25 3
Sept. 13 4,449 2,113 1,093 172 500 447 123 185 87 35 7 24 24 9
Sept. 20* 5,921 4,668 105 110 236 640 162 228 180 5 5 11 20 8
Daily
Sept. 11 1,275 85 157 75 357 601 0 72 7 16 5 9 35 0
Sept. 12 3,570 1,248 0 366 1,190 498 267 178 44 0 17 70 34 13
Sept. 13 6,202 156 5,060 145 296 444 100 200 5 151 4 14 21 5
Sept. 16 6,919 5,602 0 123 38 980 175 252 208 0 5 2 31 6
Sept. 17 4,923 3,734 209 96 434 300 150 205 151 10 5 20 8 11
* Data through September 17.
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* 10,362 6,809 1,294 822 840 433 164 702 420 84 69 82 37 9
Monthly average
2024-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 10,998 7,560 1,069 1,143 853 202 171 707 450 67 84 74 23 9
July 10,091 6,512 1,269 710 915 556 129 671 407 85 61 71 39 8
Aug. 8,858 6,069 1,159 512 632 301 185 603 395 80 40 55 28 6
Sept.* 9,629 6,873 1,125 645 608 343 35 637 419 80 59 50 28 3
Weekly (Friday) average
Aug. 23 8,556 6,234 979 523 572 159 89 618 423 74 43 55 18 4
Aug. 30 8,348 5,695 1,126 652 716 116 42 591 369 95 53 54 18 1
Sept. 6 10,319 6,923 1,435 720 610 562 67 676 426 110 65 46 25 5
Sept. 13 8,577 6,319 847 592 624 172 24 555 373 60 46 48 26 2
Sept. 20* 10,880 8,156 1,199 627 566 332 0 766 519 68 79 62 38 0
Daily
Sept. 11 7,816 5,555 1,204 515 414 120 7 493 326 87 32 32 15 1
Sept. 12 8,352 6,434 531 668 589 130 0 544 393 34 46 35 36 0
Sept. 13 9,141 6,895 667 941 440 198 0 556 366 40 89 34 27 0
Sept. 16 11,196 8,566 373 1,019 729 510 0 850 548 27 137 78 60 0
Sept. 17 10,563 7,746 2,024 235 404 154 0 683 490 110 21 46 16 0
* Data through September 17.
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* 4,586 4,270 194 23 54 9 37 122 112 6 1 2 0 2
Monthly average
2024-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 3,497 3,351 48 14 14 0 69 96 91 2 0 0 0 3
July 3,528 3,137 167 48 112 12 52 91 78 5 2 3 0 3
Aug. 3,781 3,536 179 15 24 2 26 95 87 5 0 1 0 1
Sept.* 5,473 5,325 45 60 8 11 23 124 120 2 1 0 0 1
Weekly (Friday) average
Aug. 23 3,776 3,656 105 0 0 0 15 92 89 3 0 0 0 1
Aug. 30 3,903 3,725 61 51 60 0 6 90 85 2 1 2 0 0
Sept. 6 4,605 4,450 56 50 11 12 25 104 100 2 1 0 0 0
Sept. 13 6,043 5,861 55 92 0 15 20 139 133 2 2 0 1 1
Sept. 20* 5,784 5,738 0 0 21 0 25 128 128 0 0 0 0 0
Daily
Sept. 11 6,100 5,875 200 0 0 25 0 152 143 8 0 0 1 0
Sept. 12 7,640 7,254 0 311 0 25 50 174 164 0 7 0 1 2
Sept. 13 5,200 5,125 0 50 0 25 0 112 110 0 1 0 1 0
Sept. 16 5,125 5,075 0 0 0 0 50 110 109 0 0 0 0 1
Sept. 17 6,443 6,400 0 0 43 0 0 147 146 0 0 1 0 0
* Data through September 17.
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* 22,580 15,955 3,489 483 705 453 1,494 662 456 96 14 24 15 57
Monthly average
2024-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 24,431 17,227 3,643 505 834 485 1,738 716 492 96 16 29 16 66
July 24,057 17,296 4,069 311 733 438 1,209 689 490 106 9 23 15 45
Aug. 24,280 17,642 3,584 523 847 559 1,125 707 504 98 15 32 18 41
Sept.* 24,929 18,469 3,701 606 559 334 1,260 758 544 109 17 23 11 54
Weekly (Friday) average
Aug. 23 24,674 18,201 3,870 444 751 334 1,074 721 526 104 13 33 11 34
Aug. 30 22,648 16,778 3,595 551 660 336 727 674 498 99 17 24 11 24
Sept. 6 24,533 17,335 4,566 527 427 223 1,455 754 518 129 16 21 6 63
Sept. 13 25,092 18,029 4,121 835 531 391 1,185 758 530 124 23 22 14 45
Sept. 20* 25,315 21,835 923 193 896 413 1,056 768 629 32 8 27 13 59
Daily
Sept. 11 24,514 17,066 5,545 807 183 360 553 730 495 157 19 21 14 24
Sept. 12 23,141 17,955 2,488 475 656 222 1,343 723 533 90 14 30 12 44
Sept. 13 25,081 17,843 3,738 1,005 530 680 1,285 727 529 99 24 18 18 39
Sept. 16 24,427 20,862 528 131 1,461 394 1,051 754 600 20 7 43 11 73
Sept. 17 26,204 22,808 1,317 255 331 432 1,060 782 658 45 8 11 15 45
* Data through September 17.
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* 123,962 84,604 16,799 4,610 6,343 3,060 8,547 4,681 2,819 583 275 387 190 427
Monthly average
2024-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 126,661 87,150 15,465 5,790 6,318 2,823 9,115 4,742 2,902 522 301 368 192 458
July 119,360 78,815 18,318 4,462 6,036 3,585 8,145 4,503 2,672 593 259 345 219 416
Aug. 116,939 80,070 15,839 3,998 6,497 3,093 7,442 4,358 2,706 548 220 374 163 347
Sept.* 126,809 86,988 18,071 4,849 5,543 3,064 8,294 4,797 2,951 638 290 337 183 397
Weekly (Friday) average
Aug. 23 121,229 85,928 15,827 3,352 5,631 2,895 7,596 4,478 2,900 530 211 338 154 345
Aug. 30 118,169 81,159 15,866 4,023 6,471 2,006 8,643 4,357 2,685 571 232 366 127 376
Sept. 6 126,736 81,612 22,192 5,390 5,347 3,084 9,111 4,746 2,743 750 315 340 183 415
Sept. 13 125,790 84,966 18,343 5,214 5,946 3,092 8,229 4,741 2,866 660 293 345 190 388
Sept. 20* 129,501 102,797 9,148 2,853 4,929 2,953 6,821 5,038 3,577 363 231 314 168 386
Daily
Sept. 11 126,536 80,408 24,138 4,391 5,327 2,516 9,756 4,695 2,632 905 274 322 152 410
Sept. 12 124,929 87,268 13,953 5,767 7,254 3,089 7,598 4,704 2,894 515 301 388 244 362
Sept. 13 126,835 86,305 19,321 6,142 4,429 3,519 7,118 4,768 2,908 676 336 252 221 375
Sept. 16 122,245 98,401 4,473 2,959 5,988 3,753 6,670 5,003 3,471 261 296 379 195 401
Sept. 17 136,758 107,192 13,823 2,748 3,870 2,154 6,972 5,074 3,683 465 166 248 141 371
* Data through September 17.

Footnotes

1. Millions of dollars.

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Last Update: September 18, 2024