Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of September 12, 2019Posted September 13, 2019

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
2017 7,724 4,502 1,391 531 680 318 302 296 163 48 24 31 14 17
2018 4,506 2,604 474 366 516 319 227 199 104 19 19 26 15 15
2019* 3,876 2,343 458 356 336 223 159 166 92 19 19 17 10 9
Monthly average
2019-Apr. 2,301 1,056 282 213 371 211 167 112 47 16 11 19 11 7
May 4,484 2,763 806 348 269 160 138 188 107 31 19 15 8 8
June 5,137 3,801 313 358 357 157 151 200 133 13 20 19 7 8
July 4,320 2,813 580 326 182 274 146 177 112 23 18 9 9 6
Aug. 5,067 3,533 697 566 195 52 25 183 124 23 24 8 3 2
Sept.* 4,534 2,952 701 468 383 5 25 175 108 27 21 17 0 1
Weekly (Friday) average
Aug. 16 5,622 3,783 731 658 209 153 88 210 129 30 30 10 6 4
Aug. 23 5,868 4,210 897 532 196 34 0 204 144 27 25 7 2 0
Aug. 30 2,992 2,156 146 576 114 0 0 120 81 8 26 5 0 0
Sept. 6 5,106 3,105 1,150 488 324 0 38 184 107 39 24 12 0 2
Sept. 13* 3,963 2,799 251 448 443 9 12 165 108 15 18 22 0 1
Daily
Sept. 6 5,586 1,255 3,750 214 367 0 0 196 60 116 8 12 0 0
Sept. 9 7,787 6,665 225 587 309 0 0 279 233 11 19 16 0 0
Sept. 10 5,197 3,905 460 262 541 30 0 237 175 20 14 27 1 0
Sept. 11 1,519 424 220 381 472 0 22 76 12 19 15 27 0 3
Sept. 12 1,349 204 100 563 450 7 25 67 13 10 25 17 1 1
* Data through September 12.
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
2017 7,353 4,755 894 657 844 160 43 608 364 77 64 82 17 4
2018 8,726 5,507 1,106 784 1,007 218 103 758 439 99 78 102 27 13
2019* 9,582 6,063 1,218 877 1,062 231 131 880 522 114 87 115 27 14
Monthly average
2019-Apr. 9,782 6,184 1,147 947 1,083 254 166 912 549 109 89 122 29 14
May 10,039 6,531 1,167 992 1,060 152 137 927 557 105 106 126 19 14
June 9,765 6,696 1,091 694 1,010 200 73 866 548 104 66 112 25 11
July 8,353 4,825 1,332 747 1,110 231 108 810 456 131 78 115 24 6
Aug. 9,002 5,528 1,322 758 1,029 277 88 853 497 135 79 99 32 12
Sept.* 8,860 5,712 1,238 944 667 148 151 817 500 130 89 63 14 20
Weekly (Friday) average
Aug. 16 9,132 5,453 1,467 710 1,099 353 50 839 464 145 74 104 46 7
Aug. 23 8,132 4,964 1,105 552 1,183 266 62 807 459 131 62 115 32 7
Aug. 30 9,218 6,315 993 828 784 257 41 903 585 113 93 75 30 7
Sept. 6 9,228 5,759 1,329 1,078 803 97 162 846 502 133 104 76 11 21
Sept. 13* 8,493 5,665 1,148 810 530 199 140 788 498 128 75 50 18 19
Daily
Sept. 6 7,963 5,319 599 1,488 395 63 99 713 462 70 131 35 5 10
Sept. 9 9,354 6,118 998 1,455 518 200 65 859 544 125 110 60 16 4
Sept. 10 8,668 5,834 1,138 494 674 336 192 809 484 129 70 67 32 27
Sept. 11 7,500 4,998 1,372 493 385 183 68 699 463 145 33 29 17 12
Sept. 12 8,448 5,710 1,083 799 544 77 236 784 503 111 86 43 7 34
* Data through September 12.
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
2017 9,480 8,703 365 61 96 102 152 348 309 11 3 5 5 14
2018 6,169 5,328 339 66 89 80 268 243 192 11 2 5 5 28
2019* 5,240 4,248 435 76 149 102 229 179 134 13 3 6 5 19
Monthly average
2019-Apr. 5,111 4,469 145 83 129 89 196 181 143 4 2 5 3 23
May 5,592 4,402 587 59 152 138 253 196 140 18 2 5 6 24
June 6,065 4,865 531 101 339 18 210 192 145 17 4 12 1 12
July 6,047 4,919 539 94 218 109 167 203 156 16 5 10 5 12
Aug. 5,349 4,299 546 85 154 135 130 179 130 16 2 8 7 15
Sept.* 6,469 5,816 294 97 50 30 181 226 188 10 4 2 3 18
Weekly (Friday) average
Aug. 16 5,664 4,646 600 146 171 62 38 177 135 17 4 11 7 3
Aug. 23 5,028 3,887 681 71 97 136 155 183 126 22 2 5 7 21
Aug. 30 5,503 4,679 395 20 8 172 229 188 138 12 1 1 8 28
Sept. 6 7,123 6,171 375 174 53 21 329 248 200 10 8 2 2 26
Sept. 13* 5,814 5,461 214 19 47 39 33 202 177 9 1 2 5 9
Daily
Sept. 6 7,018 5,523 966 416 86 5 23 232 183 23 11 4 2 9
Sept. 9 4,389 4,138 186 58 1 0 6 135 122 7 2 1 0 3
Sept. 10 4,424 4,258 108 0 50 8 0 143 134 6 0 1 2 0
Sept. 11 8,391 7,936 430 0 0 25 0 279 257 18 0 0 3 1
Sept. 12 6,053 5,514 131 20 139 122 127 253 194 4 2 7 14 32
* Data through September 12.
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
2017 13,123 8,653 1,335 386 804 541 1,405 515 336 50 16 35 20 58
2018 12,563 7,887 1,671 285 620 554 1,547 503 317 62 11 26 20 67
2019* 13,455 9,115 1,631 227 705 588 1,189 533 360 63 10 30 21 49
Monthly average
2019-Apr. 12,050 8,119 1,393 165 667 552 1,154 459 311 51 7 25 17 47
May 12,586 8,642 1,481 194 572 684 1,013 504 345 61 9 26 21 41
June 14,401 10,134 1,405 266 672 735 1,191 588 415 53 14 31 27 48
July 14,737 10,232 1,851 244 730 487 1,193 617 435 77 14 30 16 45
Aug. 14,410 10,299 1,534 225 850 574 927 574 400 61 10 39 24 40
Sept.* 16,525 11,631 1,919 273 864 747 1,092 648 447 75 14 31 28 53
Weekly (Friday) average
Aug. 16 15,038 10,751 1,784 346 866 610 681 590 417 70 13 41 20 30
Aug. 23 13,930 10,003 1,523 222 815 333 1,034 558 394 60 13 35 14 42
Aug. 30 13,634 10,137 1,381 217 508 405 986 540 392 55 9 19 21 44
Sept. 6 16,336 10,949 2,082 295 1,034 740 1,235 653 428 82 14 36 32 63
Sept. 13* 16,714 12,313 1,756 251 693 754 948 644 466 68 15 26 24 43
Daily
Sept. 6 17,051 11,206 2,089 299 792 1,203 1,462 679 459 75 9 25 46 65
Sept. 9 14,816 11,885 578 24 939 455 934 616 471 29 4 42 25 45
Sept. 10 17,907 12,087 2,924 869 496 617 913 705 461 95 49 22 25 53
Sept. 11 15,927 12,033 1,688 79 550 653 924 632 472 83 6 15 16 40
Sept. 12 18,207 13,246 1,832 30 788 1,292 1,020 621 461 65 2 27 32 34
* Data through September 12.
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
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 82,442 47,708 13,574 3,989 6,051 3,487 7,632 4,042 2,154 566 269 413 205 434
2019* 80,557 46,984 12,950 3,722 6,126 3,201 7,574 4,038 2,224 541 263 426 190 394
Monthly average
2019-Apr. 74,369 42,493 11,935 3,292 6,164 3,257 7,227 3,843 2,082 500 236 441 191 394
May 78,356 44,793 13,031 3,651 5,367 3,425 8,089 4,058 2,180 537 275 428 204 434
June 84,957 52,280 12,658 3,705 6,398 3,109 6,807 4,110 2,374 524 255 434 181 342
July 83,352 48,483 14,461 4,018 6,022 2,869 7,498 4,085 2,278 610 283 408 166 339
Aug. 82,590 49,128 13,395 4,058 6,551 3,013 6,444 4,046 2,271 570 267 416 192 330
Sept.* 86,678 51,092 13,962 3,760 6,343 2,553 8,968 4,217 2,368 616 271 356 146 460
Weekly (Friday) average
Aug. 16 86,098 50,001 14,399 4,507 6,869 3,113 7,209 4,192 2,278 618 303 445 204 344
Aug. 23 79,711 48,325 13,818 3,200 5,952 2,704 5,712 3,932 2,251 577 227 380 180 316
Aug. 30 75,779 49,123 9,670 4,419 5,084 2,063 5,419 3,903 2,355 465 289 358 146 289
Sept. 6 88,916 51,652 14,490 4,116 7,178 2,300 9,182 4,314 2,387 631 292 407 136 460
Sept. 13* 84,440 50,533 13,434 3,404 5,508 2,806 8,755 4,121 2,350 602 249 306 156 459
Daily
Sept. 6 84,518 48,663 14,390 4,273 6,089 1,994 9,108 4,028 2,335 572 302 292 108 419
Sept. 9 83,349 50,255 12,175 3,661 6,484 1,995 8,780 4,077 2,418 491 247 332 140 449
Sept. 10 85,059 49,362 18,053 4,050 4,161 2,683 6,749 4,200 2,307 729 313 296 156 399
Sept. 11 85,276 51,765 12,845 2,626 5,924 2,775 9,342 3,971 2,329 658 170 258 148 408
Sept. 12 84,075 50,751 10,662 3,281 5,461 3,771 10,148 4,235 2,344 528 266 336 182 579
* Data through September 12.

Footnotes

1. Millions of dollars.

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Last Update: September 13, 2019