Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of March 1, 2024Posted March 4, 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* 2,737 1,698 576 93 152 191 28 98 61 17 4 7 8 2
Monthly average
2023-Oct. 4,327 3,333 296 181 237 159 121 140 105 9 8 8 6 4
Nov. 3,304 2,349 393 213 199 83 68 110 75 11 9 9 4 3
Dec. 3,287 1,842 994 165 141 111 33 113 69 27 6 6 4 1
2024-Jan. 3,000 1,768 711 75 129 262 55 104 61 20 3 6 10 4
Feb. 2,554 1,683 463 111 169 127 0 95 62 15 4 8 6 0
Mar.* 894 536 0 100 258 0 0 44 24 0 3 17 0 0
Weekly (Friday) average
Feb. 2 2,111 219 918 351 456 165 2 80 9 31 13 20 6 0
Feb. 9 2,544 2,232 10 49 122 131 0 101 83 1 3 8 6 0
Feb. 16 2,599 1,588 670 83 104 153 0 88 59 16 3 3 7 0
Feb. 23 2,034 1,767 95 21 71 80 0 72 58 6 1 4 3 0
Mar. 1* 1,863 1,470 208 33 96 55 0 78 57 9 2 6 3 0
Daily
Feb. 26 5,268 5,215 0 0 54 0 0 197 193 0 0 4 0 0
Feb. 27 277 49 30 50 50 98 0 16 4 1 4 2 5 0
Feb. 28 1,182 152 901 0 0 128 0 55 10 40 0 0 5 0
Feb. 29 1,693 1,400 110 17 116 50 0 80 55 6 5 9 5 0
Mar. 1 894 536 0 100 258 0 0 44 24 0 3 17 0 0
* Data through March 1.
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* 10,895 6,843 1,522 989 932 311 299 787 445 107 89 98 34 14
Monthly average
2023-Oct. 11,155 7,587 1,099 785 1,168 461 55 850 507 76 80 151 30 5
Nov. 10,491 6,888 1,480 858 906 309 50 794 455 105 76 113 41 5
Dec. 9,883 6,490 1,401 671 1,001 208 112 685 429 93 51 80 23 10
2024-Jan. 11,026 6,746 1,573 967 995 373 372 786 445 112 84 93 37 15
Feb. 10,774 6,917 1,476 1,029 859 259 235 794 448 103 95 103 31 13
Mar.* 10,564 7,412 1,369 652 1,066 42 22 652 410 76 66 94 4 2
Weekly (Friday) average
Feb. 2 11,214 7,255 1,614 935 1,007 364 40 868 499 116 78 108 59 8
Feb. 9 9,189 6,057 1,105 899 678 340 110 711 395 85 83 99 35 14
Feb. 16 11,386 6,819 1,670 1,285 747 222 644 849 453 123 130 97 28 18
Feb. 23 11,670 7,703 1,681 969 985 243 90 824 485 115 98 93 21 12
Mar. 1* 11,027 7,508 1,371 953 1,013 77 105 759 461 84 75 119 11 10
Daily
Feb. 26 10,917 7,430 1,306 1,400 631 46 105 748 457 79 111 80 8 13
Feb. 27 12,290 7,360 2,332 747 1,532 128 190 856 482 133 55 167 11 8
Feb. 28 10,227 7,191 969 754 1,185 38 89 766 437 63 50 188 15 13
Feb. 29 11,137 8,145 879 1,212 651 133 116 775 518 67 95 66 15 14
Mar. 1 10,564 7,412 1,369 652 1,066 42 22 652 410 76 66 94 4 2
* Data through March 1.
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* 4,037 3,884 92 13 17 13 18 112 106 4 0 1 0 1
Monthly average
2023-Oct. 7,377 6,515 658 29 139 3 33 196 168 22 1 3 0 2
Nov. 6,440 5,618 589 50 44 61 78 170 144 17 2 1 2 3
Dec. 5,223 4,462 612 82 12 2 52 136 113 18 2 1 0 2
2024-Jan. 4,563 4,363 126 6 15 20 32 126 117 5 0 1 0 2
Feb. 3,491 3,397 61 13 10 6 4 97 93 3 0 1 0 0
Mar.* 3,905 3,580 0 150 175 0 0 116 109 0 3 4 0 0
Weekly (Friday) average
Feb. 2 4,098 4,030 18 20 14 10 6 107 104 2 0 0 0 1
Feb. 9 2,243 2,210 18 9 1 5 0 51 49 2 0 0 0 0
Feb. 16 3,155 3,101 28 20 6 0 0 93 91 2 0 0 0 0
Feb. 23 3,924 3,808 98 0 19 0 0 116 111 4 0 1 0 0
Mar. 1* 4,405 4,187 118 35 40 10 15 126 119 5 1 1 0 1
Daily
Feb. 26 3,740 3,740 0 0 0 0 0 106 106 0 0 0 0 0
Feb. 27 4,466 4,416 0 0 0 50 0 138 136 0 0 0 2 0
Feb. 28 4,738 4,123 590 0 0 0 25 158 134 23 0 0 0 1
Feb. 29 5,175 5,075 0 25 25 0 50 112 108 0 1 1 0 2
Mar. 1 3,905 3,580 0 150 175 0 0 116 109 0 3 4 0 0
* Data through March 1.
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* 20,071 13,320 3,236 546 732 529 1,707 608 392 90 17 23 18 68
Monthly average
2023-Oct. 16,672 10,026 3,553 477 669 366 1,581 517 304 97 15 23 12 64
Nov. 16,665 9,142 3,318 665 784 1,058 1,698 520 285 90 20 24 35 65
Dec. 17,031 10,232 2,901 619 1,071 633 1,575 524 310 82 17 35 22 59
2024-Jan. 19,858 12,726 3,550 535 672 734 1,641 613 383 98 16 22 24 70
Feb. 20,311 13,928 2,973 566 780 311 1,753 602 402 83 18 24 11 66
Mar.* 19,736 13,650 1,923 353 1,029 603 2,177 601 399 59 9 35 16 83
Weekly (Friday) average
Feb. 2 19,214 12,308 3,123 726 814 339 1,904 589 363 87 21 24 12 82
Feb. 9 19,353 13,829 2,627 395 621 416 1,465 585 405 73 12 20 16 59
Feb. 16 21,076 14,497 2,761 901 879 312 1,727 612 412 79 25 25 11 60
Feb. 23 20,636 13,805 3,329 423 614 172 2,292 616 399 92 14 22 6 83
Mar. 1* 20,757 14,397 3,450 324 828 384 1,373 600 411 92 13 25 10 49
Daily
Feb. 26 20,653 15,626 2,211 145 698 515 1,458 564 434 57 4 19 12 38
Feb. 27 20,714 14,201 4,175 699 413 215 1,011 592 413 102 30 13 5 29
Feb. 28 22,949 14,458 5,242 142 1,091 392 1,624 679 409 148 9 31 11 71
Feb. 29 19,736 14,051 3,701 280 910 196 597 562 400 96 14 25 5 22
Mar. 1 19,736 13,650 1,923 353 1,029 603 2,177 601 399 59 9 35 16 83
* Data through March 1.
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* 121,027 80,721 16,819 5,023 6,921 2,916 8,627 4,792 2,782 620 328 438 183 441
Monthly average
2023-Oct. 120,120 80,821 16,386 4,541 6,519 2,885 8,967 4,714 2,797 553 287 468 171 438
Nov. 115,481 74,918 16,498 4,849 5,367 4,200 9,650 4,527 2,615 589 284 359 238 443
Dec. 111,727 74,396 15,355 4,602 6,812 3,477 7,085 4,305 2,616 545 245 369 186 344
2024-Jan. 120,901 79,690 17,069 5,437 6,895 3,650 8,159 4,850 2,792 620 349 432 220 436
Feb. 120,872 81,764 16,859 4,588 6,466 2,170 9,025 4,736 2,777 630 308 429 146 445
Mar.* 126,779 81,501 10,765 5,030 16,564 2,416 10,503 4,717 2,680 429 288 723 132 465
Weekly (Friday) average
Feb. 2 117,437 77,870 16,484 4,522 7,861 2,267 8,434 4,660 2,739 618 277 477 160 389
Feb. 9 116,422 80,194 14,760 3,823 6,294 2,515 8,835 4,652 2,697 591 294 445 157 468
Feb. 16 121,751 81,354 17,234 5,519 6,410 2,492 8,742 4,831 2,775 651 352 458 159 436
Feb. 23 125,897 84,519 19,744 4,713 5,212 1,645 10,064 4,792 2,866 704 296 338 129 458
Mar. 1* 121,167 82,882 15,413 4,067 8,616 1,856 8,334 4,592 2,800 549 266 462 113 402
Daily
Feb. 26 119,505 90,521 8,543 3,153 7,348 1,396 8,544 4,404 3,002 307 201 401 94 399
Feb. 27 127,706 85,148 21,601 4,030 6,106 1,298 9,524 4,764 2,854 688 267 421 88 446
Feb. 28 123,720 82,179 21,715 3,574 5,831 2,563 7,858 4,893 2,790 763 260 454 160 466
Feb. 29 108,127 75,063 14,442 4,548 7,228 1,607 5,239 4,184 2,676 560 313 311 89 235
Mar. 1 126,779 81,501 10,765 5,030 16,564 2,416 10,503 4,717 2,680 429 288 723 132 465
* Data through March 1.

Footnotes

1. Millions of dollars.

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Last Update: March 4, 2024