Announcements

This feed provides information about Commercial Paper data available from the Federal Reserve Board through the Data Download Program (DDP).

September 15, 2017

Revisions to Commercial Paper Outstanding
On September 15, 2017, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from April 2017 to September 2017 and include year-end outstanding and maturity distribution of outstanding commercial paper.

April 06, 2017

Commercial Paper Release will be delayed on Thursday, April 6
The commercial paper release for Thursday, April 6, is delayed and will be updated as soon as possible.

April 04, 2017

Revisions to Commercial Paper Outstanding
On April 4, 2017, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from February 2016 to March 2017 and include year-end outstanding and maturity distribution of outstanding commercial paper.

May 09, 2016

Revisions of Commercial Paper information for May 9, 2016
On May 9, 2016, the weekly totals for outstanding commercial paper as of May 6, 2016 on the Commercial Paper Maturity Distribution page were erroneously posted as 0. The information has been corrected in the Commercial Paper release.

March 29, 2016

Revisions of Commercial Paper information for March 25, 2016
On March 29, 2016, the Commercial Paper Data Download Program was updated to include data from March 25, 2016.

February 24, 2016

Revisions of Commercial Paper information for February 5th to February 22nd
On February 24th, 2016, the Commercial Paper Rates and Volume Statistics pages were updated to include revisions to certain rate and volume issuance categories between the dates of February 5th, 2016 to February 22nd, 2016. The changes have also been made to DDP.

January 28, 2016

Revisions to Commercial Paper Outstanding
On January 28, 2016, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from April 2014 to January 2016 and include year-end outstanding and maturity distribution of outstanding commercial paper.

January 26, 2016

Federal Reserve Board Closure
Due to inclement weather, federal offices in Washington, D.C. are closed on January 26, 2016. The daily release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C. area reopen.

January 25, 2016

Federal Reserve Board Closure
Due to inclement weather, federal offices in Washington, D.C. are closed on January 25, 2016. The daily release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C. area reopen.

December 21, 2015

Correction to 7-day AA Financial Commercial Paper rate for December 18, 2015
On December 21, 2015, the 7-day AA Financial rate for December 18, 2015 was erroneously posted as 0.31. The posting should have indicated that this information is not available. The Commercial Paper release and DDP database have been updated to reflect the correction.

July 07, 2015

Revisions of Commercial Paper information for July 6, 2015
On July 7, 2015, the annual, monthly, and weekly average rows on the Commercial Paper Volume Statistics page were erroneously posted as "0". The information has been corrected in the Commercial Paper release.

May 04, 2015

Revisions of Commercial Paper information for May 1, 2015

On May 4, 2015, the Commercial Paper Volume Statistics page was updated to include data from May 1, 2015. The information has been corrected in the Commercial Paper release and the DDP database.


March 05, 2015

Federal Reserve Board Closure
Due to inclement weather, federal offices in Washington, D.C., are closed on Thursday, March 5, 2015. The daily release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C. area reopen.

March 03, 2015

Revisions of Commercial Paper information for March 3, 2015
On March 3, 2015, the Commercial Paper Volume Statistics page was updated to include data from March 2, 2015. The information has been corrected in the Commercial Paper release and the DDP database.

February 17, 2015

Federal Reserve Board Closure
Due to inclement weather, federal offices in Washington, D.C. are closed on Tuesday, February 17, 2015. The daily release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C. area reopen.

January 16, 2015

Revisions of Commercial Paper information for January 15, 2015

On January 16, 2015, the Commercial Paper Volume Statistics page was updated erroneously for A2/P2 nonfinancial issuance on January 15, 2015. The information has been corrected in the Commercial Paper release and the DDP database.


December 23, 2014

Holiday - December 25, and December 26, 2014.

The daily and weekly statistical releases scheduled for Thursday, December 25 and Friday, December 26 will be published on Monday, December 29, 2014, because the federal government is closed.


December 11, 2014

Correction to directly-placed outstanding for December 10, 2014

On December 11, 2014, the directly-placed outstanding for December 10, 2014, on the Outstanding page were posted erroneously. The directly-placed outstanding category for December 10, 2014, is now correct in both the Commercial Paper release and the DDP database.


October 21, 2014

Commercial Paper (CP) Data Download Program
The October 21, 2014, Commercial Paper data are now available in the Data Download Program (DDP). The data are available at: http://www.federalreserve.gov/datadownload/Choose.aspx?rel=CP

October 21, 2014

Commercial Paper (CP) Data Download Program
Due to technical difficulties, the Data Download Program (DDP) for Commercial Paper is not available. A notice will be posted as soon as the DDP is available.

May 21, 2014

Commercial Paper (CP) Data Download Program
Due to technical difficulties, historical data (1998 to 2000) were temporarily omitted from the Data Download Program (DDP) for Commercial Paper. All historical data are now available for download.

May 07, 2014

Correction to 30-day AA Financial Commercial Paper rate for May 6, 2014
On May 7, 2014, the 30-day AA Financial rate for May 6, 2014 was posted as n.a.. The correct rate is 0.08. The Commercial Paper release and DDP database have been updated with the correction.

April 29, 2014

Correction to AA Financial Commercial Paper rate for April 25, 2014
On April 28, 2014, the rates for AA Financial for April 25, 2014 were erroneously posted as n.a.. AA Financial rates for April 25, 2014 are now corrected in both the Commercial Paper release and the DDP database.

April 24, 2014

Revised Average Maturity for Outstanding Commercial Paper
The April 11th row for the last table on the Maturity Distribution page was not updated with the revised average maturity for outstanding commercial paper from the revisions posted on April 16, 2014. The April 11th row now reflects the correct numbers based on the adjustments made to issuer information on April 16, 2014.

April 16, 2014

Revisions to Commercial Paper Outstanding
On April 16, 2014, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from September 2013 to April 2014 and include year-end outstanding and maturity distribution of outstanding commercial paper.

March 17, 2014

No Update on March 17, 2014
Due to inclement weather, federal offices in Washington, D.C., are closed on Monday, March 17, 2014. The daily and monthly release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C., area reopen.

March 13, 2014

Correction to 90-day A2-P2 Nonfinancial Commercial Paper Rate for March 12, 2014
On March 13, 2014, the 90-day A2-P2 Nonfinancial rate for March 12, 2014, was erroneously posted as n.a. The correct rate is 0.34. After discovering the error, the Commercial Paper release was updated with the correct rate, as was the DDP database.

March 03, 2014

No Update on March 3, 2014
Due to inclement weather, federal offices in Washington, D.C., are closed on Monday, March 3, 2014. The daily and monthly release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C., area reopen.

February 13, 2014

No Update on February 13, 2014
Due to inclement weather, federal offices in Washington, D.C., are closed on Thursday, February 13, 2014. The daily release of the Commercial Paper will be published on the first business day that federal offices in the Washington, D.C., area reopen.

January 21, 2014

No update on January 21, 2014
Due to inclement weather, the Federal Reserve Board is closed on Tuesday, January, 21 2014. The Commercial Paper Release scheduled for today will not be published. The updates will be published tomorrow unless otherwise announced.

December 26, 2013

No Weekly Update Available on December 26, 2013

The Commercial Paper Release of weekly series will not be published today.

Updates will occur tomorrow unless otherwise announced.

http://www.federalreserve.gov/releases/cp/


December 10, 2013

No Update on December 10, 2013
Due to inclement weather, the Federal Reserve Board is closed on Tuesday, December 10, 2013. The Commercial Paper Release scheduled for today will not be published. The updates will be published tomorrow unless otherwise announced.

December 06, 2013

Maturity Distribution

On December 6, 2013, the Commercial Paper release included Maturity Distribution of Commercial Paper Outstanding as of Thursday, December 5, 2013. Going forward, the Federal Reserve will continue to release updates of these series only on Mondays reflecting data as of the previous Friday.


August 22, 2013

Revisions to Commercial Paper Outstanding
On August 22, 2013, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from September 2012 to August 2013 and include year-end outstanding and maturity distribution of outstanding commercial paper.

May 15, 2013

Correction to 90-day AA Financial Commercial Paper Rate for February 14, 2013

On February 15, the 90-day AA financial rate for February 14 was erroneously posted as 0.06. The correct rate is 0.34. After discovering the error, the Commercial Paper release was updated with the correct rate, as was the DDP database.


April 01, 2013

Maturity Distribution of Commercial Paper Outstanding with data as of March 29th has been corrected
Today's update of the Commercial Paper release included incorrect weekly totals for maturing outstanding commercial paper as of March 29, 2013. Those incorrect weekly numbers have been corrected, and the release has been updated with the correct values.

March 06, 2013

Federal offices closed
Due to severe weather, federal offices in the Washington, D.C., area are closed on Wednesday, March 6, 2013. The Board's Commercial Paper Statistical Release for Wednesday will be published on the first business day that federal offices in the Washington, D.C., area reopen.

December 21, 2012

No Update on December 24, 2012
The Federal Reserve will be closed on Monday, December 24. The commercial paper release will not be updated on that day. The daily rates and volume statistics for Friday, December 21 and Monday, December 24 will be available on Wednesday, December 26.


November 29, 2012

Additional Information on the Commercial Paper Release
Additional information added to the Rate Calculations section of the About page of the Commercial Paper release. The information clarifies the exclusion of municipal CP in the release.

October 29, 2012

Federal Reserve Board Closure, October 30, 2012
Due to expected severe weather, federal offices in the Washington, D.C., area, are closed to the public on Tuesday, October 30, 2012. The Board's daily and weekly statistical releases scheduled for Tuesday will be published on the first business day that federal offices in the Washington, D.C., area reopen.

October 29, 2012

Federal Reserve Board Closure

Due to expected severe weather, federal offices in the Washington, D.C., area, are closed to the public on Monday, October 29, 2012. The Board's daily and weekly statistical releases scheduled for Monday will be published on the first business day that federal offices in the Washington, D.C., area reopen.


August 02, 2012

Outstanding Levels for July 4 have been corrected
Today's update of the Commercial Paper release included incorrect weekly outstanding levels for the week of July 4 and changes for the weeks of July 4 and July 11. Those incorrect levels and changes have been corrected, and the release has been updated with the correct values.

July 27, 2012

Commercial Paper Release will be delayed on Friday, July 27
The commercial paper release for Friday, July 27, will not be updated at the regular time of 9:45 A.M. EDT. At this point, there is no estimated time as to when the release will be updated today. We apologize for any inconvenience, and will update the release as soon as possible.

July 05, 2012

Updated Commercial Paper Outstanding
On July 5, 2012, the Federal Reserve Board released data on commercial paper rates and volumes at approximately 9:45 a.m., and updated data on commercial paper outstanding was released at approximately 12:00 p.m.


April 12, 2012

Revisions to Commercial Paper Outstanding
On April 12, 2012, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from September 2011 to March 2012 and include year-end outstanding and maturity distribution of outstanding commercial paper.

November 08, 2011

New graphics options are now available from the Data Download Program (DDP)
Users can now view plotted data as column charts, and add U.S. recession shading, while using the "View chart" function of the Data Download Program (DDP).


August 11, 2011

Revisions to Commercial Paper Outstanding
On August 11, 2011, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from October 2010 to August 2011 and include year-end outstanding and maturity distribution of outstanding commercial paper.

July 20, 2011

Correction to 7-day AA Financial Commercial Paper Rate for July 19
On July 20, the 7-day AA financial rate for July 19 was erroneously posted as 0.70. The correct rate is 0.07. After noticing the error, the Commercial Paper release was updated with the correct rate, as was the DDP database. We apologize for any inconvenience this may have caused.

June 14, 2011

Additional Information on Commercial Paper Tier Level Outstanding
Additional information about the calculation of tier level outstanding has been added to the Outstanding Calculations section of the About page of the commercial paper release. This information is listed under the SEC 2a-7 (tier levels) heading.

January 27, 2011

Revisions to Commercial Paper Outstanding
On January 27, 2011, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from June 2009 to January 2011 and include year-end outstanding and maturity distribution of outstanding commercial paper.

January 10, 2011

2011 Holiday Schedule for Commercial Paper
The Federal Reserve Board will be closed on the dates below. The commercial paper release and data will not be updated on these dates.

January 17
February 21
May 30
July 4
September 5
October 10
November 11
November 24
December 26

December 02, 2010

New interactive graphics feature of Data Download Program (DDP)
Users will now be able to create and view interactive graphics of data packages from the program before downloading the underlying data and charts. The charting feature allows users to view multiple data series on a single chart as well as to display individual data points. The charts can be saved as PDFs or in a standard image file format (PNG) for publication and redistribution.

"Graphics play an important role in identifying data trends and relationships," said Federal Reserve Vice Chair Janet L. Yellen. "With the help of this intuitive new user interface, it's now possible to create customized charts directly from Federal Reserve statistical data."


February 09, 2010

No Update on February 9, 2010
Due to inclement weather, the Federal Reserve Board is closed on Tuesday, February 9, 2010. The Commercial Paper Release scheduled for today will not be published. The updates will be published on the next business day that Federal Reserve Board is open unless otherwise announced.

February 08, 2010

No Update on February 8, 2010
Due to inclement weather, the Federal Reserve Board is closed on Monday, February 8, 2010. The Commercial Paper Release scheduled for today will not be published. The updates will be published tomorrow unless otherwise announced.

December 21, 2009

No Update on December 21, 2009
The Federal Reserve will be closed on Monday, December 21. The commercial paper release will not be updated on that day. The daily rates and volume statistics for Friday, December 18 and Monday, December 21 will be available on Tuesday, December 22.

July 07, 2009

Commercial paper rates will not be published for July 3
Due to light market activity, there was not sufficient issuance data to publish commercial paper rates for July 3, 2009.

May 14, 2009

Revisions to Commercial Paper Outstanding
On May 14, 2009, the Federal Reserve Board released revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from January 2001 to May 2009 and include year-end outstandings and maturity distribution of outstanding commercial paper.

December 16, 2008

No Update on December 26
The Federal Reserve Board will be closed on Friday, December 26. Commercial paper data will not be updated on that day. The weekly outstandings and the daily rates and volume statistics for Wednesday, December 24 and Friday, December 26 will be available on Monday, December 29.

December 15, 2008

2009 Holiday Schedule for Commercial Paper
The Federal Reserve Board will be closed on the dates below. The commercial paper release and data will not be updated on these dates.

January 1
January 19
January 20
February 16
May 25
July 3
September 7
October 12
November 11
November 26
December 25

November 05, 2008

Clarification of Criteria Considered for Commercial Paper Rates
Financial paper that is insured by the FDIC's Temporary Liquidity Guarantee Program is not excluded from relevant indexes, nor is any financial, nonfinancial, or asset-backed commercial paper that may be directly or indirectly affected by one or more of the Federal Reserve's liquidity facilities. Thus the rates published after September 19, 2008, likely reflect the direct or indirect effects of the new temporary programs and, accordingly, likely are not comparable for some purposes to rates published prior to that period.

Through November 4, the documentation on the "About" page of this release indicated that paper issued under "credit-enhanced programs" was excluded from the samples of issues used to calculate reported rates. This wording was intended to convey that asset-backed commercial paper was excluded from the calculation of financial rates. Indeed, consistent with that intent, the Federal Reserve has, since 2006, published a separate rate series for asset-backed commercial paper. To avoid confusion, the reference to "credit-enhanced programs" will be dropped.

May 28, 2008

Revisions to Commercial Paper Outstanding
On May 29, 2008, the Federal Reserve Board will release revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from January 2001 to May 2008 as well as year-end values and maturity distribution of outstanding commercial paper.

December 10, 2007

Commercial paper data will not be updated on December 24
The Federal Reserve Board will be closed on Monday, December 24. Commercial paper data will not be updated on that day. The data for Friday, December 21 and Monday, December 24 will be available on Wednesday, December 26.

November 16, 2007

Rates and Volume Statistics for November 15 Have Been Reissued
The commercial paper rates and volume statistics for November 15, which are derived from source data provided by the Depository Trust & Clearing Corporation (DTCC), have been reissued to reflect corrected source data.

June 18, 2007

Change to Credit Rating Agencies Considered
On June 18, 2007, the Federal Reserve Board stopped using Fitch Investors Service as a credit rating source. Classification as AA or A2/P2 for rate calculations and classification as Tier-1 or Tier-2 for outstanding calculations are done using Moody's Investors Service and Standard & Poor's.

May 25, 2007

Commercial paper data now available via RSS feed
The Federal Reserve Board announces that selected series from its Commercial Paper release will now be available via RSS. These feeds will provide quick access to a single observation for the selected series, daily for commercial paper rates and weekly for the commercial paper outstanding measures. To subscribe, please visit the RSS feeds page. All RSS feeds from the Federal Reserve Board adhere to the RSS-CB standard.

January 03, 2007

Discontinuance of LOC Outstanding
The Federal Reserve Board ceased publication of commercial paper LOC outstanding (outstanding backed by letter of credit) on January 3, 2007. The history of LOC outstanding, from January 2001 to December 2006, is available through the Data Download Program, but is no longer included in the preformatted data packages.

December 21, 2006

2007 Holiday Schedule for Commercial Paper
The Federal Reserve Board will be closed on the dates below. The commercial paper release and data will not be updated on these dates.

January 1
January 15
February 19
May 28
July 4
September 3
October 8
November 12
November 22
December 25

December 18, 2006

RSS feeds now available from the Federal Reserve Board
The Federal Reserve Board's Data Download Program (DDP) now provides RSS feeds for users. Subscribers are notified about any updates or changes to the available data.The announcements will also be available on the DDP website. To subscribe to a feed, please visit the main RSS feeds page.

October 19, 2006

Revisions to Commercial Paper Outstanding
On October 19, 2006, the Federal Reserve Board made minor revisions based on updated issuer information to the values of Tier 1 and Tier 2 commercial paper outstanding, affecting weekly data from July 19, 2006 to October 12, 2006 and monthly data from July 2006 to September 2006.

April 11, 2006

Major Changes to Commercial Paper Outstanding
On April 10, 2006, the Federal Reserve Board made major changes to its commercial paper outstanding calculations. New outstanding categories were added, some existing category definitions were modified, and current and historical commercial paper issuer information was updated. For more information, please view the about section of the commercial paper release.

January 02, 2006

2006 Holiday Schedule for Commercial Paper
The Federal Reserve Board will be closed on the dates below. The commercial paper release and data will not be updated on these dates.

January 2
January 16
February 20
May 29
July 4
September 4
October 9
November 10
November 23
December 25

Last update: September 15, 2017