Commercial Paper Rates and Outstanding Summary
Commercial Paper Rates and Outstanding Summary
RSS
Data Download
FRED
Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of December 18, 2025Posted December 19, 2025
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The commercial paper release will usually be posted daily at 1:00 p.m. However, the Federal Reserve Board makes no guarantee regarding the timing of the daily posting. This policy is subject to change at any time without notice.
Rates
| 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 | ||
| Dec. 12 | 3.53 | 3.69 | 3.69 | 3.68 | n.a. | n.a. | 3.77 | 3.80 | 3.85 | 3.91 | 3.88 | n.a. | |
| Dec. 15 | 3.70 | 3.69 | 3.68 | 3.66 | 3.70 | n.a. | 3.79 | 3.83 | 3.85 | 3.90 | 3.92 | n.a. | |
| Dec. 16 | 3.69 | 3.68 | 3.66 | 3.64 | 3.61 | n.a. | 3.78 | 3.83 | 3.85 | 3.89 | 3.89 | 3.92 | |
| Dec. 17 | 3.59 | 3.69 | 3.66 | 3.65 | 3.66 | n.a. | 3.78 | 3.81 | 3.87 | 3.89 | 3.87 | 3.96 | |
| Dec. 18 | 3.61 | 3.68 | 3.67 | 3.64 | 3.71 | n.a. | 3.77 | 3.80 | 3.88 | 3.90 | 3.87 | 3.95 | |
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 | ||
| Dec. 12 | 3.63 | n.a. | n.a. | n.a. | n.a. | n.a. | 3.68 | 3.73 | 3.77 | 3.84 | 3.86 | 3.87 | |
| Dec. 15 | 3.64 | n.a. | n.a. | n.a. | n.a. | n.a. | 3.69 | 3.74 | 3.79 | 3.84 | 3.84 | 3.82 | |
| Dec. 16 | 3.63 | n.a. | n.a. | n.a. | n.a. | 3.81 | 3.68 | 3.72 | 3.75 | 3.89 | 3.89 | 3.83 | |
| Dec. 17 | 3.63 | 3.63 | n.a. | n.a. | n.a. | 3.59 | 3.68 | 3.72 | 3.79 | 3.85 | 3.88 | 3.90 | |
| Dec. 18 | 3.63 | n.a. | n.a. | 3.66 | n.a. | 3.70 | 3.64 | 3.71 | 3.78 | 3.88 | 3.87 | 3.83 | |
Note: n.a. indicates that trade data was insufficient to support calculation of the particular rate.
Outstanding Levels
Seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end levels | |||||||||
| 2025-July | 1,381.7 | 351.1 | 274.2 | 76.9 | 630.8 | 238.4 | 392.5 | 398.8 | 1.0 |
| Aug. | 1,377.6 | 338.2 | 268.0 | 70.2 | 630.8 | 246.9 | 383.9 | 405.6 | 2.9 |
| Sept. | 1,343.3 | 328.8 | 254.2 | 74.6 | 606.8 | 249.3 | 357.5 | 403.8 | 3.9 |
| Oct. | 1,314.6 | 325.3 | 251.4 | 73.9 | 581.6 | 242.8 | 338.8 | 402.3 | 5.4 |
| Nov. | 1,282.8 | 326.5 | 251.0 | 75.5 | 560.3 | 233.2 | 327.1 | 390.8 | 5.3 |
| Weekly (Wednesday) levels | |||||||||
| Nov. 19 | 1,300.1 | 337.5 | 257.5 | 80.0 | 567.8 | 245.0 | 322.8 | 389.9 | 4.8 |
| Nov. 26 | 1,301.5 | 342.8 | 262.7 | 80.1 | 563.0 | 242.7 | 320.2 | 390.6 | 5.2 |
| Dec. 3 | 1,305.3 | 329.2 | 249.1 | 80.2 | 579.7 | 244.4 | 335.3 | 391.1 | 5.3 |
| Dec. 10 | 1,313.4 | 322.4 | 244.2 | 78.3 | 587.1 | 246.3 | 340.8 | 398.4 | 5.5 |
| Dec. 17 | 1,324.5 | 318.5 | 238.8 | 79.4 | 598.2 | 241.4 | 356.8 | 402.3 | 5.6 |
Not seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end levels | |||||||||
| 2025-July | 1,357.1 | 338.5 | 253.3 | 85.2 | 615.9 | 249.9 | 366.0 | 401.1 | 1.6 |
| Aug. | 1,362.2 | 323.2 | 240.4 | 82.8 | 632.1 | 254.8 | 377.3 | 403.9 | 3.0 |
| Sept. | 1,310.8 | 290.6 | 226.0 | 64.6 | 614.2 | 232.1 | 382.0 | 402.1 | 3.9 |
| Oct. | 1,328.3 | 320.5 | 245.0 | 75.6 | 601.1 | 243.7 | 357.4 | 401.4 | 5.3 |
| Nov. | 1,311.3 | 312.3 | 239.0 | 73.3 | 603.0 | 232.2 | 370.9 | 391.0 | 5.0 |
| Weekly (Wednesday) levels | |||||||||
| Nov. 19 | 1,332.2 | 323.5 | 246.8 | 76.7 | 614.1 | 243.6 | 370.5 | 389.9 | 4.7 |
| Nov. 26 | 1,331.0 | 316.6 | 242.5 | 74.1 | 614.6 | 244.0 | 370.5 | 394.8 | 5.1 |
| Dec. 3 | 1,329.3 | 311.7 | 239.8 | 71.8 | 620.0 | 240.3 | 379.6 | 392.3 | 5.3 |
| Dec. 10 | 1,354.6 | 305.5 | 232.3 | 73.2 | 640.1 | 254.8 | 385.3 | 403.6 | 5.3 |
| Dec. 17 | 1,372.5 | 317.7 | 240.5 | 77.0 | 638.7 | 252.3 | 386.4 | 410.5 | 5.6 |
Last Update: December 19, 2025