Commercial Paper Rates and Outstanding Summary
Commercial Paper Outstanding
RSS
DDP
Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of October 18, 2017Posted October 19, 2017
Commercial paper outstanding are provided for seasonally adjusted and not seasonally adjusted categories. The not seasonally adjusted categories include financial, tier level, and directly-placed categories. Information about the commercial paper outstanding categories, including seasonal adjustment and data revisions, are detailed in the Outstanding Calculations section of the About page of this release.
Seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end changes | |||||||||
| 2017-Mar. | 26.6 | 4.0 | 10.2 | -6.3 | 20.0 | 3.8 | 16.2 | 2.6 | .0 |
| Apr. | -45.2 | .3 | 7.1 | -6.8 | -49.6 | -46.8 | -2.7 | 3.9 | .0 |
| May | 12.6 | 1.4 | -2.0 | 3.4 | 12.9 | 2.0 | 11.0 | -1.7 | -.0 |
| June | -8.2 | -6.7 | 1.5 | -8.2 | 3.8 | -.4 | 4.2 | -5.3 | .0 |
| July | -8.1 | 3.9 | 2.3 | 1.6 | -12.8 | -16.8 | 4.0 | .8 | -.0 |
| Aug. | 38.9 | 21.0 | 6.9 | 14.0 | 14.7 | 4.3 | 10.4 | 3.3 | -.0 |
| Sept. | 68.9 | 4.4 | 6.4 | -2.0 | 62.3 | 20.8 | 41.5 | 1.9 | .3 |
| Weekly (Wednesday) changes | |||||||||
| Sept. 20 | 20.5 | 15.1 | 11.9 | 3.2 | 5.0 | -3.7 | 8.7 | .4 | .1 |
| Sept. 27 | 15.3 | -1.9 | 3.2 | -5.0 | 21.7 | 5.5 | 16.2 | -4.6 | .0 |
| Oct. 4 | 10.0 | 3.6 | -1.1 | 4.6 | 6.9 | 4.3 | 2.6 | -.5 | .0 |
| Oct. 11 | -5.5 | -4.0 | -7.6 | 3.6 | -.7 | -1.2 | .5 | -.7 | .0 |
| Oct. 18 | -2.0 | .6 | 2.9 | -2.3 | -3.2 | 2.4 | -5.6 | .6 | .0 |
| Year-end levels | |||||||||
| 2015 | 1,026.6 | 260.1 | 202.1 | 57.9 | 515.0 | 228.5 | 286.6 | 247.8 | 3.7 |
| 2016 | 991.5 | 278.1 | 213.0 | 65.1 | 459.3 | 245.4 | 214.0 | 253.9 | .2 |
| Monthly-end levels | |||||||||
| 2017-Mar. | 976.9 | 267.0 | 214.3 | 52.7 | 466.6 | 245.6 | 221.0 | 243.1 | .2 |
| Apr. | 931.6 | 267.3 | 221.4 | 45.9 | 417.1 | 198.8 | 218.3 | 247.0 | .2 |
| May | 944.3 | 268.7 | 219.3 | 49.4 | 430.0 | 200.7 | 229.2 | 245.4 | .2 |
| June | 936.0 | 262.0 | 220.8 | 41.2 | 433.8 | 200.4 | 233.4 | 240.1 | .2 |
| July | 928.0 | 265.8 | 223.1 | 42.7 | 421.0 | 183.5 | 237.5 | 240.9 | .2 |
| Aug. | 966.8 | 286.8 | 230.0 | 56.8 | 435.7 | 187.8 | 247.9 | 244.2 | .2 |
| Sept. | 1,035.7 | 291.2 | 236.5 | 54.8 | 498.0 | 208.6 | 289.4 | 246.0 | .4 |
| Weekly (Wednesday) levels | |||||||||
| Sept. 20 | 1,043.9 | 312.0 | 248.6 | 63.4 | 482.3 | 219.9 | 262.4 | 249.4 | .2 |
| Sept. 27 | 1,059.2 | 310.1 | 251.8 | 58.3 | 504.0 | 225.4 | 278.6 | 244.8 | .2 |
| Oct. 4 | 1,069.2 | 313.7 | 250.7 | 62.9 | 510.9 | 229.7 | 281.2 | 244.4 | .3 |
| Oct. 11 | 1,063.8 | 309.7 | 243.1 | 66.5 | 510.2 | 228.5 | 281.7 | 243.6 | .3 |
| Oct. 18 | 1,061.8 | 310.3 | 246.0 | 64.2 | 507.0 | 230.9 | 276.1 | 244.2 | .3 |
Not seasonally adjusted
Billions of dollars| Period | Total | Nonfinancial | Financial | Asset- backed |
Other | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||
| Monthly-end changes | |||||||||
| 2017-Mar. | -42.0 | -29.3 | -27.4 | -1.9 | -15.0 | -14.2 | -.8 | 2.2 | .0 |
| Apr. | 47.7 | 38.8 | 35.0 | 3.8 | 9.6 | 3.8 | 5.8 | -.7 | .0 |
| May | -11.3 | -2.6 | -10.3 | 7.7 | -3.1 | -1.1 | -2.0 | -5.7 | -.0 |
| June | -47.9 | -36.2 | -25.6 | -10.6 | -11.8 | -20.1 | 8.2 | .1 | .0 |
| July | 45.2 | 35.4 | 24.0 | 11.3 | 12.4 | 1.2 | 11.2 | -2.6 | -.0 |
| Aug. | 35.8 | 11.1 | 6.1 | 5.0 | 22.5 | 10.1 | 12.4 | 2.2 | -.0 |
| Sept. | -24.3 | -21.6 | -18.5 | -3.0 | -3.6 | -21.5 | 17.9 | .9 | .0 |
| Weekly (Wednesday) changes | |||||||||
| Sept. 20 | 16.8 | 17.5 | 16.3 | 1.2 | .7 | -2.0 | 2.8 | -1.5 | .0 |
| Sept. 27 | -2.9 | -19.2 | -15.2 | -4.0 | 15.1 | .9 | 14.1 | 1.2 | .0 |
| Oct. 4 | -27.7 | -5.7 | -9.2 | 3.4 | -23.2 | -9.2 | -14.0 | 1.2 | .0 |
| Oct. 11 | 1.9 | .7 | -.3 | .9 | .6 | .5 | .1 | .6 | -.0 |
| Oct. 18 | 29.8 | 14.6 | 17.7 | -3.1 | 13.9 | 7.5 | 6.4 | 1.3 | -.0 |
| Year-end levels | |||||||||
| 2015 | 941.5 | 219.5 | 175.4 | 44.1 | 467.2 | 206.6 | 260.6 | 251.2 | 3.6 |
| 2016 | 884.9 | 225.2 | 180.6 | 44.6 | 409.3 | 209.7 | 199.5 | 250.2 | .2 |
| Monthly-end levels | |||||||||
| 2017-Mar. | 937.2 | 242.3 | 195.3 | 47.0 | 444.3 | 225.4 | 218.9 | 250.3 | .2 |
| Apr. | 984.8 | 281.1 | 230.3 | 50.9 | 453.9 | 229.2 | 224.7 | 249.6 | .2 |
| May | 973.5 | 278.6 | 220.0 | 58.6 | 450.8 | 228.1 | 222.7 | 244.0 | .2 |
| June | 925.7 | 242.4 | 194.5 | 48.0 | 438.9 | 208.0 | 230.9 | 244.1 | .2 |
| July | 970.8 | 277.8 | 218.5 | 59.3 | 451.3 | 209.2 | 242.1 | 241.5 | .2 |
| Aug. | 1,006.6 | 288.9 | 224.6 | 64.3 | 473.8 | 219.4 | 254.4 | 243.7 | .2 |
| Sept. | 982.4 | 267.3 | 206.1 | 61.3 | 470.2 | 197.9 | 272.3 | 244.6 | .2 |
| Weekly (Wednesday) levels | |||||||||
| Sept. 20 | 1,044.7 | 320.1 | 255.7 | 64.4 | 484.2 | 225.1 | 259.2 | 240.2 | .2 |
| Sept. 27 | 1,041.8 | 300.9 | 240.5 | 60.4 | 499.3 | 226.0 | 273.3 | 241.3 | .2 |
| Oct. 4 | 1,014.1 | 295.3 | 231.3 | 63.8 | 476.1 | 216.8 | 259.3 | 242.5 | .2 |
| Oct. 11 | 1,016.0 | 295.9 | 231.1 | 64.7 | 476.7 | 217.4 | 259.4 | 243.1 | .2 |
| Oct. 18 | 1,045.8 | 310.5 | 248.8 | 61.6 | 490.6 | 224.8 | 265.8 | 244.5 | .2 |
Billions of dollars
| Period | Financial | Special categories | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic | Foreign | SEC rule 2a-71 | Directly-placed | ||||||||||
| U.S. owned | Foreign bank parent |
Foreign nonbank parent |
Other | Bank | Other | Tier-1 | Tier-2 | Nonfinancial | Financial | Asset- backed |
Other | ||
| Monthly-end changes | |||||||||||||
| 2017-Mar. | -4.4 | -6.7 | -3.1 | .0 | -4.3 | 3.5 | -32.7 | -6.3 | .4 | 16.3 | 7.7 | .0 | |
| Apr. | 5.5 | -2.2 | .5 | .0 | 8.8 | -3.0 | 25.5 | 4.8 | 7.7 | -5.4 | -.8 | .0 | |
| May | 1.9 | -2.7 | -.2 | -.0 | 3.6 | -5.6 | -6.7 | -.9 | -5.9 | -3.9 | -2.5 | -.0 | |
| June | -3.5 | -16.1 | -.5 | .0 | -3.4 | 11.6 | -34.5 | -14.0 | -14.4 | -5.8 | -.4 | .0 | |
| July | .4 | 1.5 | -.8 | .0 | .9 | 10.3 | 24.9 | 1.8 | 12.0 | -5.8 | -1.5 | -.0 | |
| Aug. | 5.8 | 3.6 | .8 | -.0 | 6.3 | 6.1 | 27.5 | -.6 | 2.8 | 3.9 | .4 | -.0 | |
| Sept. | -8.4 | -12.7 | -.5 | .0 | 13.4 | 4.5 | -30.2 | -7.6 | -11.1 | -6.1 | -.6 | .0 | |
| Weekly (Wednesday) changes | |||||||||||||
| Sept. 20 | -.4 | -2.3 | .7 | .0 | 2.2 | .6 | 1.1 | 4.4 | .1 | .0 | .8 | .0 | |
| Sept. 27 | -1.4 | 1.6 | .8 | -.0 | 10.7 | 3.4 | -1.5 | -2.8 | -2.2 | 1.1 | -.5 | .0 | |
| Oct. 4 | -2.2 | -3.3 | -3.7 | .0 | -10.7 | -3.3 | -15.5 | -1.5 | -6.2 | -4.7 | -.1 | .0 | |
| Oct. 11 | 1.6 | -2.1 | 1.0 | -.0 | -.1 | .2 | .9 | -.1 | 2.6 | 1.3 | 1.5 | -.0 | |
| Oct. 18 | 4.3 | .7 | 2.5 | -.0 | 2.6 | 3.9 | 15.1 | 6.0 | 2.8 | 2.5 | .2 | -.0 | |
| Year-end levels | |||||||||||||
| 2015 | 53.4 | 105.4 | 47.6 | .2 | 123.5 | 137.1 | 451.0 | 64.7 | 8.1 | 72.4 | 34.1 | .1 | |
| 2016 | 50.9 | 99.8 | 58.9 | .2 | 96.4 | 103.2 | 398.3 | 76.7 | 7.7 | 78.8 | 32.8 | .2 | |
| Monthly-end levels | |||||||||||||
| 2017-Mar. | 54.7 | 110.1 | 60.4 | .2 | 100.0 | 118.9 | 412.8 | 77.7 | 19.2 | 102.6 | 38.9 | .2 | |
| Apr. | 60.1 | 107.9 | 60.9 | .2 | 108.8 | 115.9 | 438.3 | 82.4 | 26.9 | 97.2 | 38.1 | .2 | |
| May | 62.0 | 105.2 | 60.7 | .2 | 112.4 | 110.3 | 431.6 | 81.6 | 21.0 | 93.3 | 35.6 | .2 | |
| June | 58.5 | 89.1 | 60.1 | .2 | 108.9 | 121.9 | 397.1 | 67.6 | 6.6 | 87.5 | 35.2 | .2 | |
| July | 59.0 | 90.6 | 59.4 | .2 | 109.8 | 132.3 | 422.0 | 69.4 | 18.6 | 81.7 | 33.8 | .2 | |
| Aug. | 64.8 | 94.2 | 60.2 | .2 | 116.1 | 138.4 | 449.5 | 68.8 | 21.4 | 85.6 | 34.1 | .2 | |
| Sept. | 56.4 | 81.5 | 59.7 | .2 | 129.5 | 142.8 | 419.3 | 61.3 | 10.2 | 79.4 | 33.5 | .2 | |
| Weekly (Wednesday) levels | |||||||||||||
| Sept. 20 | 62.5 | 100.1 | 62.3 | .2 | 122.7 | 136.4 | 450.1 | 71.0 | 24.2 | 90.2 | 34.5 | .2 | |
| Sept. 27 | 61.1 | 101.6 | 63.1 | .2 | 133.4 | 139.9 | 448.6 | 68.3 | 22.0 | 91.3 | 34.0 | .2 | |
| Oct. 4 | 58.8 | 98.4 | 59.4 | .2 | 122.8 | 136.5 | 433.1 | 66.8 | 15.8 | 86.6 | 33.9 | .2 | |
| Oct. 11 | 60.4 | 96.3 | 60.4 | .2 | 122.7 | 136.7 | 434.1 | 66.7 | 18.4 | 87.9 | 35.4 | .2 | |
| Oct. 18 | 64.7 | 97.0 | 62.9 | .2 | 125.3 | 140.6 | 449.1 | 72.7 | 21.2 | 90.4 | 35.6 | .2 | |
Footnotes
1. Rule 2a-7 of the Investment Company Act of 1940 limits the credit risk that money market mutual funds may bear by restricting their investments to "eligible" securities. An eligible security must carry one of the two highest ratings ("1" or "2") for short-term obligations from at least two of the nationally recognized statistical ratings agencies. A tier-1 security is an eligible security rated "1" by at least two of the rating agencies; a tier-2 security is an eligible security that is not a tier-1 security. The sum of tier-1 and tier-2 securities will not add up to the total due to ineligible securities.
Last Update: October 19, 2017