Commercial Paper Rates and Outstanding Summary
Commercial Paper Rates
RSS
Data Download
FRED
XML
Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of July 27, 2026Posted July 28, 2026
Daily rates for commercial paper are provided for the AA nonfinancial, A2/P2 nonfinancial, AA financial, and AA asset-backed 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.
| 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 | ||
| Annual average | |||||||||||||
| 2024 | 5.13 | 5.15 | 5.17 | 5.15 | 5.12 | 5.00 | 5.25 | 5.24 | 5.26 | 5.29 | 5.27 | 5.40 | |
| 2025 | 4.20 | 4.20 | 4.19 | 4.19 | 4.19 | 4.21 | 4.37 | 4.40 | 4.41 | 4.43 | 4.42 | 4.40 | |
| 2026* | 3.64 | 3.66 | 3.66 | 3.67 | 3.69 | 3.68 | 3.82 | 3.88 | 3.93 | 3.97 | 3.98 | 4.00 | |
| Monthly average | |||||||||||||
| 2026-Feb. | 3.64 | 3.64 | 3.64 | 3.63 | 3.64 | 3.62 | 3.75 | 3.78 | 3.81 | 3.84 | 3.83 | 3.84 | |
| Mar. | 3.66 | 3.70 | 3.71 | 3.72 | 3.72 | 3.71 | 3.84 | 3.92 | 3.96 | 4.03 | 4.02 | 4.04 | |
| Apr. | 3.64 | 3.67 | 3.68 | 3.70 | 3.72 | 3.70 | 3.86 | 3.93 | 4.01 | 4.07 | 4.11 | 4.16 | |
| May | 3.63 | 3.64 | 3.66 | 3.67 | 3.68 | 3.68 | 3.84 | 3.93 | 3.98 | 4.03 | 4.03 | 4.07 | |
| June | 3.63 | 3.65 | 3.67 | 3.68 | 3.70 | 3.69 | 3.84 | 3.91 | 3.97 | 3.99 | 4.01 | 4.10 | |
| July* | 3.63 | 3.65 | 3.67 | 3.68 | 3.72 | 3.71 | 3.83 | 3.88 | 3.93 | 3.97 | 3.99 | 4.09 | |
| Weekly (Friday) average | |||||||||||||
| July 3 | 3.64 | 3.67 | 3.71 | 3.68 | 3.65 | n.a. | 3.84 | 3.91 | 3.96 | 3.98 | 4.01 | 4.16 | |
| July 10 | 3.64 | 3.64 | 3.65 | 3.64 | 3.73 | n.a. | 3.84 | 3.88 | 3.94 | 3.97 | 4.02 | 4.22 | |
| July 17 | 3.61 | 3.64 | 3.65 | 3.68 | 3.69 | n.a. | 3.83 | 3.88 | 3.93 | 3.96 | 3.97 | n.a. | |
| July 24 | 3.63 | 3.64 | 3.68 | 3.68 | 3.72 | 3.68 | 3.83 | 3.88 | 3.92 | 3.95 | 3.97 | 4.02 | |
| July 31* | 3.64 | 3.67 | 3.68 | 3.71 | 3.76 | 3.74 | 3.82 | 3.86 | 3.92 | 3.96 | 3.98 | n.a. | |
| Daily | |||||||||||||
| July 21 | 3.63 | 3.64 | 3.65 | 3.66 | 3.69 | 3.68 | 3.83 | 3.88 | 3.95 | 3.95 | 3.91 | 4.01 | |
| July 22 | 3.63 | 3.64 | 3.66 | 3.68 | n.a. | n.a. | 3.83 | 3.88 | 3.92 | 3.96 | 4.00 | n.a. | |
| July 23 | 3.62 | 3.64 | 3.70 | n.a. | n.a. | n.a. | 3.83 | 3.87 | 3.90 | 3.94 | n.a. | n.a. | |
| July 24 | 3.63 | 3.65 | 3.70 | 3.74 | 3.75 | n.a. | 3.83 | 3.87 | 3.94 | 3.96 | 3.97 | 4.00 | |
| July 27 | 3.64 | 3.67 | 3.68 | 3.71 | 3.76 | 3.74 | 3.82 | 3.86 | 3.92 | 3.96 | 3.98 | n.a. | |
* Data through July 27.
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
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 | ||
| Annual average | |||||||||||||
| 2024 | 5.13 | 5.12 | 5.10 | 5.12 | 4.98 | 5.04 | 5.16 | 5.15 | 5.16 | 5.16 | 5.14 | 5.12 | |
| 2025 | 4.21 | 4.23 | 4.15 | 4.17 | 4.20 | 4.18 | 4.24 | 4.25 | 4.25 | 4.26 | 4.26 | 4.25 | |
| 2026* | 3.62 | 3.64 | 3.64 | 3.66 | 3.69 | 3.73 | 3.67 | 3.70 | 3.73 | 3.76 | 3.80 | 3.82 | |
| Monthly average | |||||||||||||
| 2026-Feb. | 3.62 | 3.64 | 3.63 | 3.64 | 3.64 | 3.66 | 3.67 | 3.70 | 3.71 | 3.72 | 3.73 | 3.73 | |
| Mar. | 3.62 | 3.65 | 3.65 | 3.63 | 3.67 | 3.69 | 3.67 | 3.71 | 3.73 | 3.78 | 3.83 | 3.85 | |
| Apr. | 3.62 | 3.65 | 3.66 | 3.69 | 3.78 | 3.77 | 3.67 | 3.71 | 3.74 | 3.79 | 3.83 | 3.86 | |
| May | 3.61 | 3.64 | 3.63 | 3.66 | 3.68 | 3.72 | 3.66 | 3.70 | 3.72 | 3.75 | 3.79 | 3.81 | |
| June | 3.61 | 3.64 | 3.64 | 3.66 | 3.69 | 3.77 | 3.66 | 3.70 | 3.73 | 3.78 | 3.83 | 3.87 | |
| July* | 3.62 | 3.64 | 3.65 | 3.67 | 3.73 | 3.82 | 3.66 | 3.70 | 3.73 | 3.78 | 3.85 | 3.91 | |
| Weekly (Friday) average | |||||||||||||
| July 3 | 3.61 | 3.65 | 3.63 | 3.68 | 3.73 | 3.87 | 3.67 | 3.71 | 3.74 | 3.81 | 3.86 | 3.94 | |
| July 10 | 3.61 | 3.64 | 3.65 | 3.67 | 3.71 | 3.78 | 3.66 | 3.70 | 3.72 | 3.77 | 3.84 | 3.90 | |
| July 17 | 3.62 | 3.66 | 3.66 | 3.67 | 3.69 | 3.85 | 3.66 | 3.70 | 3.73 | 3.77 | 3.84 | 3.90 | |
| July 24 | 3.61 | 3.63 | 3.65 | n.a. | 3.74 | 3.79 | 3.66 | 3.70 | 3.74 | 3.79 | 3.85 | 3.90 | |
| July 31* | 3.62 | 3.64 | n.a. | n.a. | 3.78 | 3.86 | 3.67 | 3.72 | 3.75 | 3.80 | 3.90 | 3.96 | |
| Daily | |||||||||||||
| July 21 | 3.61 | n.a. | n.a. | n.a. | 3.72 | n.a. | 3.67 | 3.71 | 3.72 | 3.75 | 3.81 | 3.87 | |
| July 22 | 3.61 | 3.63 | 3.65 | n.a. | 3.75 | n.a. | 3.67 | 3.70 | 3.74 | 3.80 | 3.86 | 3.92 | |
| July 23 | 3.62 | n.a. | n.a. | n.a. | n.a. | 3.81 | 3.63 | 3.71 | 3.75 | 3.78 | 3.85 | 3.90 | |
| July 24 | 3.62 | 3.63 | n.a. | n.a. | 3.79 | n.a. | 3.67 | 3.70 | 3.74 | 3.81 | 3.89 | 3.93 | |
| July 27 | 3.62 | 3.64 | n.a. | n.a. | 3.78 | 3.86 | 3.67 | 3.72 | 3.75 | 3.80 | 3.90 | 3.96 | |
* Data through July 27.
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
Last Update: July 28, 2026