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 18, 2024Posted April 19, 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* 2,724 1,621 465 163 248 191 36 100 59 15 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.* 2,742 1,656 200 241 398 187 60 102 61 6 10 15 8 2
Weekly (Friday) average
Mar. 22 3,075 1,786 926 112 167 64 20 112 61 35 4 8 3 0
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* 1,499 360 282 281 201 342 34 60 14 9 13 9 12 2
Daily
Apr. 12 3,173 908 121 856 538 350 400 120 26 6 26 23 26 13
Apr. 15 2,076 605 100 419 621 196 135 87 20 2 25 23 7 10
Apr. 16 1,398 213 153 223 151 659 0 64 8 11 10 12 23 0
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
* Data through April 18.
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* 10,630 6,794 1,405 882 938 389 222 746 424 94 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.* 10,796 7,040 1,097 632 1,149 838 40 699 402 65 52 126 48 6
Weekly (Friday) average
Mar. 22 11,575 7,685 1,477 932 1,165 229 88 805 462 101 80 135 16 12
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* 10,758 7,588 1,156 568 909 514 23 746 446 68 50 104 74 4
Daily
Apr. 12 10,352 6,958 718 769 1,024 884 0 671 360 35 53 145 78 0
Apr. 15 11,787 8,321 1,602 473 727 658 5 779 484 66 50 75 100 4
Apr. 16 10,389 7,250 696 533 1,396 486 26 828 435 59 40 222 69 3
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
* Data through April 18.
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* 4,634 4,322 214 17 46 10 24 128 117 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.* 6,434 5,802 480 19 93 8 33 171 152 14 0 3 0 2
Weekly (Friday) average
Mar. 22 5,333 4,747 426 0 95 15 51 151 131 14 0 2 0 3
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* 6,871 6,083 621 17 146 4 0 178 156 17 0 4 1 0
Daily
Apr. 12 6,033 6,033 0 0 0 0 0 160 160 0 0 0 0 0
Apr. 15 6,354 6,290 0 0 50 14 0 160 156 0 0 1 3 0
Apr. 16 7,556 5,853 1,250 0 454 0 0 197 154 30 0 13 0 0
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
* Data through April 18.
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* 20,703 14,112 3,275 522 700 477 1,617 615 409 91 16 22 15 62
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.* 21,395 14,908 3,356 493 676 376 1,587 618 424 94 13 20 12 55
Weekly (Friday) average
Mar. 22 22,466 16,293 2,856 648 713 340 1,616 649 456 78 20 26 10 58
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* 21,135 14,641 3,770 288 472 427 1,537 606 418 103 8 14 13 50
Daily
Apr. 12 20,043 14,310 2,509 211 1,282 414 1,317 590 409 79 5 37 13 47
Apr. 15 21,031 15,438 2,096 149 1,209 362 1,777 600 439 58 4 33 15 51
Apr. 16 21,722 15,329 3,978 215 349 444 1,407 618 437 105 5 8 12 51
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
* Data through April 18.
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* 123,046 83,374 16,747 4,763 6,676 2,876 8,610 4,738 2,794 599 304 423 177 440
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.* 132,655 91,408 18,385 4,200 6,585 3,424 8,653 4,812 2,921 588 254 410 192 446
Weekly (Friday) average
Mar. 22 128,796 90,262 15,443 4,826 6,366 2,145 9,753 4,811 2,963 565 256 411 138 478
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* 136,091 92,511 20,705 4,023 6,038 3,737 9,076 4,960 3,001 654 218 379 239 468
Daily
Apr. 12 125,796 92,169 14,021 4,382 5,777 3,407 6,039 4,683 2,925 451 301 362 251 393
Apr. 15 133,452 96,142 15,431 4,529 6,822 3,317 7,211 4,782 3,066 442 220 357 266 431
Apr. 16 138,470 90,091 25,223 4,880 6,656 3,762 7,857 5,167 2,970 853 186 485 243 430
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
* Data through April 18.

Footnotes

1. Millions of dollars.

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Last Update: April 19, 2024