Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of March 15, 2024Posted March 18, 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* 2,765 1,637 528 128 230 208 34 100 59 16 5 10 9 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.* 2,700 1,303 295 262 530 254 57 101 48 9 10 20 13 1
Weekly (Friday) average
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
Mar. 8 2,907 1,429 544 201 470 218 45 116 52 16 11 17 17 1
Mar. 15* 2,855 1,330 104 355 646 340 80 98 48 3 9 24 12 2
Daily
Mar. 11 5,312 4,486 81 126 598 21 0 195 149 3 6 32 5 0
Mar. 12 957 576 0 0 156 225 0 51 35 0 0 7 9 0
Mar. 13 769 54 40 135 26 513 0 23 2 2 4 3 12 0
Mar. 14 4,389 543 0 1,410 1,876 360 200 135 22 0 34 61 14 4
Mar. 15 2,846 991 400 105 571 579 200 85 31 10 3 15 21 5
* Data through March 15.
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* 10,644 6,759 1,456 960 873 295 301 762 436 99 86 92 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.* 9,678 6,496 1,197 824 665 211 286 658 398 68 74 70 32 16
Weekly (Friday) average
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
Mar. 8 8,945 6,304 1,057 639 561 258 127 606 370 65 57 63 40 11
Mar. 15* 10,234 6,504 1,302 1,043 688 199 498 710 423 70 94 71 29 23
Daily
Mar. 11 9,882 6,714 1,038 1,236 862 32 0 647 405 56 84 100 2 0
Mar. 12 8,872 6,197 1,202 618 574 20 261 602 402 70 53 66 3 8
Mar. 13 7,506 5,097 832 819 527 226 6 542 343 42 76 50 29 2
Mar. 14 10,078 5,530 1,043 551 539 314 2,101 751 378 74 85 66 59 89
Mar. 15 14,832 8,983 2,397 1,990 940 400 122 1,010 589 110 171 75 51 14
* Data through March 15.
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* 4,173 3,948 141 20 34 11 19 117 109 5 0 1 0 2
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.* 4,669 4,159 316 58 113 0 23 137 120 10 1 3 0 2
Weekly (Friday) average
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
Mar. 8 5,110 4,529 338 63 144 0 36 152 132 11 1 3 0 4
Mar. 15* 4,381 3,905 358 35 69 0 13 126 111 11 1 2 0 1
Daily
Mar. 11 3,810 3,810 0 0 0 0 0 104 104 0 0 0 0 0
Mar. 12 3,785 3,755 0 0 0 0 30 106 105 0 0 0 0 1
Mar. 13 4,741 3,929 790 0 0 0 22 138 111 25 0 0 0 2
Mar. 14 4,280 3,935 0 0 345 0 0 124 113 0 0 11 0 0
Mar. 15 5,287 4,098 999 175 0 0 15 158 120 32 4 0 0 2
* Data through March 15.
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* 20,483 13,844 3,249 527 712 532 1,619 617 405 90 16 23 17 65
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.* 21,990 15,825 3,179 439 664 549 1,335 651 456 91 13 23 16 54
Weekly (Friday) average
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
Mar. 8 21,535 15,679 3,329 409 418 573 1,126 653 460 95 12 19 17 50
Mar. 15* 22,897 16,406 3,280 485 835 515 1,375 660 462 92 15 25 14 52
Daily
Mar. 11 19,869 16,167 2,396 292 70 338 606 591 463 75 8 3 10 32
Mar. 12 22,281 15,720 2,179 1,041 1,049 561 1,730 665 465 63 36 30 14 57
Mar. 13 25,057 16,954 4,436 334 927 704 1,702 728 472 120 11 26 20 79
Mar. 14 24,052 17,518 4,554 284 539 430 727 664 480 116 7 20 13 28
Mar. 15 23,227 15,672 2,835 476 1,592 540 2,111 650 430 87 13 45 13 62
* Data through March 15.
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* 122,156 82,145 16,610 4,953 6,836 2,886 8,726 4,793 2,797 609 327 432 183 445
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.* 126,889 87,525 15,281 4,691 7,395 2,730 9,268 4,788 2,841 552 321 436 178 460
Weekly (Friday) average
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
Mar. 8 127,640 88,015 15,370 4,540 6,453 2,905 10,356 4,760 2,843 525 324 372 182 513
Mar. 15* 126,161 88,241 16,095 4,773 6,503 2,617 7,932 4,830 2,871 602 323 442 183 407
Daily
Mar. 11 116,872 90,596 9,689 4,004 4,154 2,800 5,629 4,266 2,911 339 244 301 158 313
Mar. 12 124,955 86,328 16,242 4,239 5,818 3,128 9,199 4,827 2,854 594 244 522 171 442
Mar. 13 126,216 85,514 19,248 3,322 6,469 3,227 8,436 4,704 2,728 659 244 347 310 416
Mar. 14 127,819 86,806 17,165 5,820 7,963 1,888 8,177 5,121 2,815 676 469 545 152 464
Mar. 15 134,942 91,958 18,132 6,478 8,112 2,042 8,219 5,230 3,049 744 416 497 125 399
* Data through March 15.

Footnotes

1. Millions of dollars.

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Last Update: March 18, 2024