Commercial Paper Outstanding RSS Data Download FRED

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of June 18, 2025Posted June 20, 2025

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
2024-Nov. 5.9 29.7 32.9 -3.3 -27.7 -13.3 -14.3 3.9 .0
Dec. -23.8 -21.6 -17.4 -4.2 5.9 30.5 -24.7 -7.9 -.1
2025-Jan. 8.6 13.6 11.9 1.7 -13.0 -16.2 3.2 8.4 -.4
Feb. 87.4 37.4 26.2 11.2 37.7 12.1 25.6 12.8 -.4
Mar. 56.4 -.3 -1.6 1.3 52.3 37.4 15.0 4.3 -.0
Apr. 48.3 33.0 30.3 2.7 3.5 -1.7 5.2 12.1 -.3
May 51.8 16.8 12.2 4.5 25.4 6.4 19.0 9.8 -.2
Weekly (Wednesday) changes
May 21 23.6 12.1 12.2 -.2 8.1 4.8 3.4 3.6 -.2
May 28 6.4 -2.9 -3.2 .3 10.5 3.0 7.6 -1.2 -.1
June 4 20.7 11.9 11.4 .5 7.9 4.5 3.4 1.0 -.0
June 11 .8 -5.1 -4.0 -1.0 3.1 -11.2 14.2 2.8 .0
June 18 1.9 -1.6 -1.0 -.6 1.7 -2.1 3.8 2.4 -.6
Year-end levels
2023 1,215.4 263.7 224.5 39.2 641.3 250.2 391.1 308.8 1.6
2024 1,150.8 242.6 189.4 53.1 560.7 224.6 336.2 345.4 2.1
Monthly-end levels
2024-Nov. 1,174.6 264.1 206.9 57.3 554.9 194.0 360.8 353.3 2.3
Dec. 1,150.8 242.6 189.4 53.1 560.7 224.6 336.2 345.4 2.1
2025-Jan. 1,159.3 256.1 201.3 54.9 547.7 208.4 339.4 353.7 1.8
Feb. 1,246.8 293.5 227.5 66.0 585.4 220.5 364.9 366.5 1.3
Mar. 1,303.1 293.3 225.9 67.4 637.8 257.8 379.9 370.7 1.3
Apr. 1,351.4 326.3 256.2 70.1 641.3 256.2 385.1 382.8 1.0
May 1,403.2 343.1 268.4 74.7 666.7 262.6 404.1 392.6 .8
Weekly (Wednesday) levels
May 21 1,442.9 340.1 264.5 75.6 711.2 299.9 411.3 390.8 .8
May 28 1,449.2 337.1 261.3 75.9 721.7 302.9 418.9 389.6 .7
June 4 1,469.9 349.0 272.6 76.4 729.6 307.4 422.2 390.6 .7
June 11 1,470.7 344.0 268.6 75.4 732.7 296.2 436.5 393.4 .7
June 18 1,472.7 342.3 267.6 74.7 734.4 294.1 440.2 395.8 .1
Not seasonally adjusted
Billions of dollars
Period Total Nonfinancial Financial Asset-
backed
Other
Total Domestic Foreign Total Domestic Foreign
Monthly-end changes
2024-Nov. -4.2 2.4 6.1 -3.8 -6.5 -12.2 5.7 .2 -.2
Dec. -44.2 -30.6 -14.5 -16.1 -24.1 -10.3 -13.8 10.7 -.2
2025-Jan. 76.7 49.2 34.3 14.9 35.4 36.8 -1.3 -7.7 -.2
Feb. 29.0 17.4 11.8 5.6 3.1 2.8 .3 9.0 -.5
Mar. 1.8 -11.3 -5.9 -5.3 4.4 -12.0 16.4 8.5 .1
Apr. 58.2 61.5 42.1 19.4 -5.8 26.4 -32.2 2.4 .0
May 53.7 9.7 6.6 3.1 41.2 7.8 33.4 2.5 .3
Weekly (Wednesday) changes
May 21 20.3 9.0 9.2 -.1 9.7 7.9 1.8 1.5 .1
May 28 -8.9 -6.8 -6.3 -.6 -2.9 .7 -3.6 .8 .0
June 4 -10.2 7.4 4.9 2.5 -18.3 -9.6 -8.7 .5 .1
June 11 8.9 -11.2 -9.5 -1.7 16.0 -4.1 20.1 4.2 -.1
June 18 4.8 6.0 7.2 -1.1 -5.6 1.9 -7.5 5.1 -.7
Year-end levels
2023 1,182.0 257.1 216.6 40.6 586.3 217.8 368.6 337.1 1.4
2024 1,173.8 236.6 194.6 42.0 567.8 202.4 365.4 367.7 1.7
Monthly-end levels
2024-Nov. 1,217.9 267.2 209.1 58.1 591.9 212.7 379.2 357.0 1.9
Dec. 1,173.8 236.6 194.6 42.0 567.8 202.4 365.4 367.7 1.7
2025-Jan. 1,250.5 285.8 228.9 56.9 603.2 239.2 364.0 360.0 1.5
Feb. 1,279.5 303.2 240.7 62.5 606.3 242.0 364.4 368.9 1.0
Mar. 1,281.3 292.0 234.7 57.2 610.7 230.0 380.8 377.4 1.1
Apr. 1,339.4 353.5 276.9 76.6 604.9 256.4 348.5 379.8 1.2
May 1,393.1 363.2 283.5 79.7 646.1 264.2 381.9 382.4 1.5
Weekly (Wednesday) levels
May 21 1,430.8 366.3 285.7 80.6 683.1 290.5 392.5 380.1 1.3
May 28 1,421.9 359.5 279.4 80.1 680.2 291.2 389.0 380.9 1.4
June 4 1,411.7 366.9 284.4 82.6 661.9 281.6 380.3 381.4 1.5
June 11 1,420.6 355.7 274.9 80.9 677.9 277.5 400.3 385.6 1.4
June 18 1,425.4 361.8 282.1 79.7 672.3 279.4 392.9 390.7 .7

Billions of dollars
Period Financial Special categories
Domestic Foreign Ratings Tiers1 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
2024-Nov. .9 -10.0 -3.1 .0 2.3 3.4 -5.4 .9 2.4 2.2 .4 .0
Dec. 3.7 -14.7 .7 .0 -14.7 .9 -4.9 -12.7 -.9 -14.7 1.3 .0
2025-Jan. -2.9 35.4 4.2 .0 -8.2 6.9 16.5 27.0 -2.6 1.4 -6.6 .0
Feb. 7.5 -4.2 -.5 .0 6.7 -6.4 2.3 5.3 10.1 20.2 7.2 .1
Mar. -2.8 -7.2 -2.0 .0 15.5 .9 8.4 -20.5 8.3 2.0 4.5 -.1
Apr. 15.8 7.9 2.8 .0 -9.1 -23.2 21.1 24.6 -6.0 -7.7 -5.4 -.0
May -1.3 8.5 .5 .0 17.8 15.6 14.7 1.0 -.9 3.4 -3.3 .0
Weekly (Wednesday) changes
May 21 2.6 5.4 -.1 .0 -3.1 4.9 11.2 1.5 -.5 -.5 -.1 .0
May 28 2.4 -.3 -1.4 .0 3.2 -6.8 -5.2 -1.3 -.3 1.8 -.7 .0
June 4 -9.8 .4 -.2 .1 -1.6 -7.1 -9.0 4.7 1.2 -16.6 -1.9 .0
June 11 2.2 -5.3 -1.2 .1 10.7 9.3 -.8 -4.2 -6.4 2.7 .9 .0
June 18 1.8 1.0 -1.0 .1 -5.9 -1.6 -6.1 1.8 -.1 3.0 -.7 .0
Year-end levels
2023 67.7 115.6 34.5 .0 217.6 151.0 443.8 105.2 4.0 67.3 23.2 .0
2024 69.8 99.1 33.5 .0 170.9 194.5 375.2 95.0 6.5 56.5 17.5 .0
Monthly-end levels
2024-Nov. 66.0 113.9 32.8 .0 185.6 193.6 380.0 107.7 7.3 71.2 16.2 .0
Dec. 69.8 99.1 33.5 .0 170.9 194.5 375.2 95.0 6.5 56.5 17.5 .0
2025-Jan. 66.9 134.6 37.7 .0 162.7 201.3 391.6 122.0 3.9 57.9 10.9 .0
Feb. 74.4 130.4 37.2 .0 169.4 194.9 393.9 127.3 14.0 78.1 18.1 .1
Mar. 71.5 123.2 35.2 .0 184.9 195.9 402.3 106.8 22.3 80.1 22.6 .0
Apr. 87.3 131.1 38.0 .0 175.8 172.7 423.4 131.4 16.2 72.4 17.2 .0
May 86.0 139.6 38.5 .0 193.7 188.3 438.1 132.4 15.4 75.8 13.9 .0
Weekly (Wednesday) levels
May 21 89.1 162.0 39.4 .0 192.2 200.4 450.4 132.2 15.4 83.0 15.1 .0
May 28 91.5 161.7 38.1 .0 195.4 193.6 445.2 131.0 15.1 84.8 14.4 .0
June 4 81.7 162.1 37.8 .1 193.8 186.4 436.2 135.7 16.3 68.2 12.5 .0
June 11 83.9 156.7 36.7 .2 204.5 195.8 435.4 131.5 9.9 70.9 13.4 .0
June 18 85.7 157.7 35.6 .3 198.7 194.2 429.3 133.3 9.8 73.9 12.7 .0

Footnotes

1.See Tier Levels paragraphs in the Outstanding Calculations section of the About page.

Back to Top
Last Update: June 20, 2025