Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of January 18, 2018Posted January 19, 2018

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
2016 7,324 4,282 1,355 379 492 488 327 282 158 44 17 23 21 18
2017 7,722 4,501 1,391 530 680 318 302 296 163 48 24 31 14 17
2018* 4,311 2,029 391 678 597 421 195 171 66 14 31 29 19 13
Monthly average
2017-Aug. 8,938 5,493 1,596 455 875 268 252 351 201 56 21 41 14 19
Sept. 9,613 5,727 1,980 573 707 221 405 361 203 69 24 34 8 22
Oct. 7,960 4,957 901 512 771 545 275 307 182 34 26 30 21 15
Nov. 4,290 2,051 625 453 654 250 257 182 89 20 22 30 12 10
Dec. 4,082 2,537 498 296 314 187 249 158 95 17 14 14 6 12
2018-Jan.* 4,311 2,029 391 678 597 421 195 171 66 14 31 29 19 13
Weekly (Friday) average
Dec. 22 4,123 2,661 450 168 242 315 287 165 98 19 10 12 11 13
Dec. 29 2,166 1,872 30 148 116 0 0 77 64 2 7 4 0 0
Jan. 5 4,506 1,820 944 607 633 404 98 166 53 29 24 37 16 6
Jan. 12 3,560 1,965 149 345 395 432 274 156 70 8 19 18 22 19
Jan. 19* 5,301 2,416 57 1,329 885 424 190 203 75 2 61 36 18 12
Daily
Jan. 12 1,857 354 0 412 502 512 78 91 12 0 19 29 21 10
Jan. 15 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Jan. 16 7,825 6,017 0 942 229 271 367 256 179 0 35 17 12 13
Jan. 17 4,092 594 50 732 2,103 481 132 178 22 2 45 72 21 16
Jan. 18 3,986 637 120 2,315 324 520 71 175 23 3 102 19 20 8
* Data through January 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
2016 5,545 3,263 718 638 732 159 35 500 278 64 65 74 16 2
2017 7,208 4,643 884 652 831 155 43 593 353 76 63 81 17 4
2018* 10,456 6,054 1,233 1,056 1,678 281 154 877 454 104 100 166 34 19
Monthly average
2017-Aug. 5,904 3,715 774 447 826 127 14 533 310 79 47 80 15 2
Sept. 7,259 4,895 803 611 771 140 38 587 361 68 59 82 14 2
Oct. 7,058 4,708 755 545 757 205 88 604 359 66 59 81 27 12
Nov. 7,261 4,546 1,023 582 768 302 39 606 345 88 59 73 36 4
Dec. 7,461 4,796 893 655 812 209 95 572 330 77 64 74 19 8
2018-Jan.* 10,456 6,054 1,233 1,056 1,678 281 154 877 454 104 100 166 34 19
Weekly (Friday) average
Dec. 22 8,343 5,232 1,253 959 591 203 105 636 343 103 93 62 23 11
Dec. 29 6,165 3,990 905 619 619 12 20 509 317 76 60 52 2 2
Jan. 5 10,920 6,007 1,332 1,270 1,962 254 94 894 446 102 114 190 32 9
Jan. 12 9,586 5,753 1,057 762 1,544 276 194 847 448 95 87 155 32 29
Jan. 19* 11,286 6,617 1,394 1,260 1,520 328 168 905 472 121 101 154 41 16
Daily
Jan. 12 8,660 5,442 1,087 729 1,155 180 67 723 403 88 93 103 27 9
Jan. 15 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Jan. 16 13,187 6,703 1,675 2,007 2,117 447 238 1,047 470 139 163 196 49 30
Jan. 17 10,789 6,596 1,353 925 1,351 311 253 879 457 127 72 163 49 11
Jan. 18 9,883 6,552 1,155 847 1,092 224 13 788 488 97 69 102 26 6
* Data through January 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
2016 11,132 10,283 193 46 83 98 429 345 296 6 2 4 5 32
2017 9,992 9,207 380 62 96 102 146 363 324 12 3 5 5 14
2018* 656 97 74 25 89 169 203 49 17 3 1 6 7 15
Monthly average
2017-Aug. 9,136 8,217 532 81 116 84 107 360 320 15 3 6 5 9
Sept. 9,655 8,534 715 76 132 96 103 364 322 19 3 6 5 8
Oct. 8,991 7,906 561 94 130 148 152 356 303 17 4 7 7 17
Nov. 9,564 8,491 659 105 103 125 80 350 299 22 4 6 6 12
Dec. 10,306 9,150 552 87 122 210 184 351 303 17 3 6 9 13
2018-Jan.* 656 97 74 25 89 169 203 49 17 3 1 6 7 15
Weekly (Friday) average
Dec. 22 10,400 8,998 782 99 66 272 182 357 299 22 5 3 13 15
Dec. 29 9,924 9,309 103 16 203 127 168 312 283 4 1 10 5 10
Jan. 5 829 79 88 48 70 305 237 53 15 3 2 6 12 15
Jan. 12 571 102 56 18 71 106 218 49 18 2 1 5 6 18
Jan. 19* 568 110 85 4 143 92 133 45 17 3 0 10 4 11
Daily
Jan. 12 496 81 0 0 50 57 308 50 17 0 0 3 5 25
Jan. 15 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Jan. 16 427 80 156 0 10 62 119 40 17 6 0 2 3 12
Jan. 17 745 113 0 0 392 105 134 52 15 0 0 20 4 13
Jan. 18 531 137 100 12 27 107 148 43 18 3 1 7 5 9
* Data through January 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
2016 12,316 7,583 1,105 374 1,155 601 1,498 443 271 42 13 43 20 54
2017 13,121 8,653 1,334 386 804 541 1,403 515 336 50 16 35 20 58
2018* 12,403 7,381 1,515 426 762 593 1,725 510 305 60 14 30 20 81
Monthly average
2017-Aug. 12,138 8,714 918 339 633 332 1,201 516 362 41 15 29 15 53
Sept. 13,273 8,654 1,288 435 826 549 1,521 540 352 50 17 38 22 61
Oct. 13,251 9,463 1,188 293 721 537 1,049 531 373 44 13 32 20 49
Nov. 12,973 8,801 1,323 377 608 633 1,232 529 351 50 17 27 26 57
Dec. 13,111 8,518 1,493 396 725 452 1,528 462 300 48 15 24 17 58
2018-Jan.* 12,403 7,381 1,515 426 762 593 1,725 510 305 60 14 30 20 81
Weekly (Friday) average
Dec. 22 13,512 9,074 1,120 360 1,078 488 1,392 475 319 36 11 28 19 61
Dec. 29 10,837 6,279 2,603 491 402 121 941 362 216 76 15 12 9 33
Jan. 5 13,004 7,262 1,497 312 1,219 730 1,984 496 274 60 8 42 26 84
Jan. 12 11,408 6,959 1,516 496 454 253 1,731 501 305 55 19 22 11 90
Jan. 19* 13,259 8,243 1,538 461 669 976 1,371 542 346 66 14 29 26 60
Daily
Jan. 12 11,900 7,523 1,555 1,358 379 378 708 485 309 60 44 27 14 31
Jan. 15 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Jan. 16 13,443 8,589 1,175 721 1,010 1,137 812 543 351 48 21 48 29 46
Jan. 17 13,514 8,177 1,593 162 593 1,189 1,801 554 361 61 5 25 35 67
Jan. 18 12,819 7,964 1,846 501 404 603 1,501 528 327 89 17 15 13 67
* Data through January 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
2016 78,277 49,126 9,347 3,620 6,157 3,323 6,703 3,527 2,008 413 235 371 172 328
2017 84,232 52,769 11,730 3,848 6,226 3,133 6,526 3,947 2,270 508 254 396 171 350
2018* 97,886 52,064 17,312 6,186 8,935 5,440 7,949 4,579 2,254 684 353 575 275 438
Monthly average
2017-Aug. 83,570 52,886 11,872 3,315 6,162 3,061 6,274 4,073 2,375 528 239 413 173 346
Sept. 88,626 54,634 13,330 4,362 6,327 2,932 7,042 4,225 2,433 559 279 408 162 385
Oct. 84,964 52,161 12,792 3,377 6,737 3,602 6,294 4,096 2,343 533 229 426 210 355
Nov. 82,677 49,477 13,927 3,863 6,116 3,502 5,792 3,910 2,172 577 265 380 206 310
Dec. 85,200 51,185 14,198 4,369 5,509 3,092 6,848 3,754 2,122 555 262 321 152 341
2018-Jan.* 97,886 52,064 17,312 6,186 8,935 5,440 7,949 4,579 2,254 684 353 575 275 438
Weekly (Friday) average
Dec. 22 87,121 50,894 14,001 6,059 5,576 3,593 6,999 3,883 2,108 554 328 328 183 382
Dec. 29 68,604 44,896 11,537 3,727 3,903 1,562 2,979 2,974 1,846 455 215 209 80 169
Jan. 5 101,658 51,662 17,737 6,352 10,468 5,841 9,598 4,591 2,179 693 361 618 272 468
Jan. 12 90,572 50,343 15,040 4,915 7,319 5,542 7,413 4,431 2,244 601 312 522 300 452
Jan. 19* 105,047 55,467 20,531 8,084 9,584 4,737 6,644 4,808 2,369 811 411 606 237 374
Daily
Jan. 12 85,552 48,404 14,407 8,084 6,287 3,618 4,751 4,138 2,106 588 419 441 224 360
Jan. 15 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Jan. 16 117,021 57,353 26,838 8,076 13,340 5,227 6,187 5,322 2,458 991 434 796 275 368
Jan. 17 99,627 55,596 18,013 5,979 8,617 4,493 6,930 4,617 2,374 742 336 582 242 341
Jan. 18 98,493 53,450 16,742 10,197 6,795 4,492 6,817 4,485 2,276 701 462 439 195 412
* Data through January 18.

Footnotes

1. Millions of dollars.

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Last Update: January 19, 2018