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 October 21, 2024Posted October 22, 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* 3,523 2,106 719 259 232 150 58 126 75 22 10 9 7 3
Monthly average
2024-May 3,374 1,842 1,036 139 267 83 7 113 62 33 5 9 4 0
June 4,190 2,693 594 659 103 92 49 149 99 18 24 3 3 1
July 4,349 2,562 912 375 201 197 102 153 89 26 15 8 8 8
Aug. 4,139 2,414 983 274 309 56 103 144 84 27 12 12 3 6
Sept. 4,349 2,490 1,011 274 223 256 94 164 91 32 12 10 13 5
Oct.* 4,297 3,037 604 318 216 27 94 151 108 17 13 8 1 4
Weekly (Friday) average
Sept. 27 3,725 2,254 835 312 240 23 61 149 90 29 16 10 1 2
Oct. 4 4,562 2,895 1,212 245 188 23 0 162 108 34 10 8 1 0
Oct. 11 5,101 3,550 450 691 287 31 93 177 121 13 27 11 1 3
Oct. 18 2,948 2,488 38 44 160 26 192 98 81 2 2 5 1 8
Oct. 25* 5,026 4,888 0 0 50 0 87 187 180 0 0 2 0 5
Daily
Oct. 15 5,157 4,631 100 0 126 50 249 160 134 5 0 6 1 14
Oct. 16 281 36 50 0 75 55 65 15 3 1 0 5 2 4
Oct. 17 270 10 0 143 100 0 17 14 2 0 8 2 0 2
Oct. 18 6,085 5,275 0 35 340 0 435 204 184 0 1 7 0 12
Oct. 21 5,026 4,888 0 0 50 0 87 187 180 0 0 2 0 5
* Data through October 21.
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* 10,317 6,846 1,270 794 815 445 148 693 420 83 66 79 37 8
Monthly average
2024-May 11,109 7,218 1,384 823 765 848 72 708 423 82 62 72 63 6
June 10,998 7,560 1,069 1,143 853 202 171 707 450 67 84 74 23 9
July 10,091 6,512 1,269 710 915 556 129 671 407 85 61 71 39 8
Aug. 8,858 6,069 1,159 512 632 301 185 603 395 80 40 55 28 6
Sept. 9,818 7,259 1,040 557 662 269 32 626 424 74 48 52 24 3
Oct.* 9,906 6,757 1,167 645 549 768 19 628 410 78 47 48 43 2
Weekly (Friday) average
Sept. 27 9,867 7,611 954 429 662 169 42 618 434 74 32 54 18 5
Oct. 4 10,532 7,309 1,229 756 813 424 1 666 433 85 46 60 42 0
Oct. 11 9,505 6,291 835 511 452 1,390 26 566 363 62 45 44 50 2
Oct. 18 9,655 6,671 1,505 643 404 399 33 632 417 92 46 40 32 5
Oct. 25* 8,439 7,026 414 284 631 84 0 625 497 32 32 52 12 0
Daily
Oct. 15 11,033 6,967 2,079 692 477 789 28 670 415 120 56 47 28 4
Oct. 16 9,264 6,302 1,545 596 696 124 0 561 359 96 37 60 9 0
Oct. 17 9,317 6,514 1,524 570 312 342 55 643 433 98 40 32 35 5
Oct. 18 9,006 6,902 871 714 129 340 50 654 462 53 52 21 54 12
Oct. 21 8,439 7,026 414 284 631 84 0 625 497 32 32 52 12 0
* Data through October 21.
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* 4,757 4,441 182 25 66 9 35 125 115 6 1 2 0 2
Monthly average
2024-May 6,095 5,545 334 20 112 13 71 166 148 10 1 4 0 3
June 3,497 3,351 48 14 14 0 69 96 91 2 0 0 0 3
July 3,528 3,137 167 48 112 12 52 91 78 5 2 3 0 3
Aug. 3,781 3,536 179 15 24 2 26 95 87 5 0 1 0 1
Sept. 5,852 5,733 45 33 4 15 21 135 132 2 1 0 0 1
Oct.* 5,953 5,484 116 72 266 5 10 151 135 3 2 8 0 2
Weekly (Friday) average
Sept. 27 6,872 6,827 35 0 0 10 0 165 164 1 0 0 0 0
Oct. 4 6,671 6,048 210 30 358 20 5 161 143 5 1 11 1 0
Oct. 11 5,265 5,038 52 141 3 14 16 133 123 2 3 0 1 4
Oct. 18 6,009 5,429 68 25 478 0 9 158 139 2 0 14 0 2
Oct. 25* 4,796 4,696 50 50 0 0 0 120 118 1 1 0 0 0
Daily
Oct. 15 8,390 6,391 85 0 1,914 0 0 215 157 3 0 55 0 0
Oct. 16 5,298 5,212 50 0 0 0 36 143 134 2 0 0 0 7
Oct. 17 5,929 5,694 135 100 0 0 0 154 147 5 2 0 0 0
Oct. 18 4,420 4,420 0 0 0 0 0 118 118 0 0 0 0 0
Oct. 21 4,796 4,696 50 50 0 0 0 120 118 1 1 0 0 0
* Data through October 21.
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* 22,631 15,895 3,503 495 730 477 1,531 664 455 96 15 25 16 58
Monthly average
2024-May 23,525 17,023 3,454 396 618 324 1,710 673 469 94 12 20 11 67
June 24,431 17,227 3,643 505 834 485 1,738 716 492 96 16 29 16 66
July 24,057 17,296 4,069 311 733 438 1,209 689 490 106 9 23 15 45
Aug. 24,280 17,642 3,584 523 847 559 1,125 707 504 98 15 32 18 41
Sept. 25,282 18,078 3,629 612 774 712 1,477 758 527 102 18 30 24 57
Oct.* 21,300 14,024 3,661 567 848 328 1,872 634 412 98 16 28 12 68
Weekly (Friday) average
Sept. 27 24,725 16,525 3,658 491 900 1,287 1,863 733 473 95 16 35 42 72
Oct. 4 20,390 13,697 3,536 428 637 477 1,614 618 406 92 13 25 15 66
Oct. 11 21,148 14,176 3,377 327 815 276 2,177 645 429 93 10 24 14 75
Oct. 18 22,666 14,603 4,364 718 1,015 267 1,700 646 415 115 19 32 7 58
Oct. 25* 19,642 13,617 1,705 1,353 945 347 1,674 578 397 45 45 33 9 49
Daily
Oct. 15 26,959 15,607 7,707 603 979 590 1,473 749 428 195 16 39 14 57
Oct. 16 21,575 14,256 3,967 359 2,063 153 777 602 403 100 10 58 5 26
Oct. 17 21,763 14,631 3,595 638 545 90 2,264 647 431 103 20 15 4 74
Oct. 18 20,366 13,918 2,187 1,271 472 234 2,284 587 399 62 31 16 6 73
Oct. 21 19,642 13,617 1,705 1,353 945 347 1,674 578 397 45 45 33 9 49
* Data through October 21.
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* 123,769 84,168 16,732 4,635 6,483 3,082 8,668 4,674 2,815 580 273 389 188 429
Monthly average
2024-May 133,153 92,891 17,394 4,067 5,965 3,516 9,320 4,856 2,976 594 234 361 229 461
June 126,661 87,150 15,465 5,790 6,318 2,823 9,115 4,742 2,902 522 301 368 192 458
July 119,360 78,815 18,318 4,462 6,036 3,585 8,145 4,503 2,672 593 259 345 219 416
Aug. 116,939 80,070 15,839 3,998 6,497 3,093 7,442 4,358 2,706 548 220 374 163 347
Sept. 127,965 87,270 17,216 4,757 7,023 3,162 8,538 4,796 2,964 597 264 393 181 398
Oct.* 117,675 76,351 16,233 4,954 6,778 3,237 10,122 4,513 2,648 572 280 366 177 471
Weekly (Friday) average
Sept. 27 128,422 87,089 15,624 3,325 8,882 3,520 9,982 4,797 2,980 524 186 494 193 420
Oct. 4 114,698 74,209 16,677 4,258 8,129 2,797 8,627 4,450 2,604 557 250 450 184 405
Oct. 11 114,114 74,947 14,234 4,643 6,233 3,787 10,269 4,349 2,587 500 261 324 175 501
Oct. 18 121,729 78,268 18,582 5,390 6,114 2,726 10,649 4,624 2,690 675 309 319 163 468
Oct. 25* 110,332 78,106 7,915 5,009 6,440 3,636 9,225 4,273 2,795 337 233 325 158 425
Daily
Oct. 15 131,822 82,205 24,784 5,375 7,924 4,169 7,365 4,874 2,768 853 317 401 177 358
Oct. 16 123,742 76,460 19,360 4,827 7,862 2,973 12,260 4,582 2,552 736 225 390 127 552
Oct. 17 119,703 76,444 19,731 4,715 4,225 1,618 12,970 4,546 2,641 731 306 231 134 503
Oct. 18 111,648 77,964 10,451 6,642 4,445 2,143 10,002 4,493 2,797 381 388 253 214 460
Oct. 21 110,332 78,106 7,915 5,009 6,440 3,636 9,225 4,273 2,795 337 233 325 158 425
* Data through October 21.

Footnotes

1. Millions of dollars.

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Last Update: October 22, 2024