Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of January 17, 2019Posted January 18, 2019

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
2017 7,724 4,502 1,391 531 680 318 302 296 163 48 24 31 14 17
2018 4,506 2,604 474 366 516 319 227 199 104 19 19 26 15 15
2019* 3,537 1,252 286 518 618 531 333 176 55 12 32 33 23 21
Monthly average
2018-Aug. 4,921 3,127 413 335 537 224 285 224 132 17 16 28 11 20
Sept. 5,031 3,242 564 349 524 279 73 219 135 24 18 26 12 4
Oct. 5,116 3,266 607 183 539 293 227 222 140 25 9 28 12 9
Nov. 4,874 2,558 873 544 578 204 118 204 101 29 28 30 8 7
Dec. 4,152 2,642 333 277 522 263 115 173 100 11 15 29 12 6
2019-Jan.* 3,537 1,252 286 518 618 531 333 176 55 12 32 33 23 21
Weekly (Friday) average
Dec. 21 4,725 2,710 360 298 717 525 115 188 93 14 12 41 21 7
Dec. 28 2,533 2,054 5 207 266 0 0 113 90 0 17 6 0 0
Jan. 4 3,333 774 709 452 1,079 244 74 168 36 27 36 49 11 8
Jan. 11 4,617 2,469 62 403 558 692 433 220 97 4 26 36 29 27
Jan. 18* 2,110 311 72 639 222 482 384 117 21 4 33 16 21 22
Daily
Jan. 11 1,895 157 68 450 312 887 23 102 12 2 23 22 40 3
Jan. 14 1,309 141 58 398 168 282 262 75 7 3 30 10 13 12
Jan. 15 2,935 288 31 1,166 200 627 625 163 20 4 51 9 36 43
Jan. 16 2,831 723 97 869 300 535 307 154 51 3 47 25 19 9
Jan. 17 1,363 92 100 123 220 485 343 75 6 5 5 21 15 23
* Data through January 17.
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
2017 7,353 4,755 894 657 844 160 43 608 364 77 64 82 17 4
2018 8,726 5,507 1,106 784 1,007 218 103 758 439 99 78 102 27 13
2019* 8,306 4,154 1,107 1,092 1,296 436 221 806 369 95 110 151 52 29
Monthly average
2018-Aug. 7,832 5,020 943 691 903 223 51 732 438 93 70 98 30 5
Sept. 8,323 5,300 1,167 707 889 192 68 789 473 112 72 94 31 8
Oct. 8,942 5,527 1,061 889 1,071 295 100 764 436 95 81 102 37 13
Nov. 8,292 5,193 1,307 725 729 193 145 714 420 111 76 68 20 19
Dec. 7,723 4,697 1,199 665 900 140 122 656 387 96 64 81 15 13
2019-Jan.* 8,306 4,154 1,107 1,092 1,296 436 221 806 369 95 110 151 52 29
Weekly (Friday) average
Dec. 21 9,532 5,063 1,803 1,213 1,080 176 197 779 380 146 102 113 15 24
Dec. 28 5,696 3,886 648 328 743 90 0 506 363 56 38 41 8 0
Jan. 4 7,739 4,358 873 986 1,343 161 19 723 366 74 102 157 22 3
Jan. 11 7,866 3,913 1,094 989 988 650 232 801 363 102 102 124 77 32
Jan. 18* 8,595 4,226 1,093 1,108 1,454 360 354 818 377 85 106 164 42 45
Daily
Jan. 11 6,979 3,921 739 1,174 896 246 4 696 374 70 120 103 26 3
Jan. 14 8,975 4,517 1,322 697 1,752 359 328 824 361 78 104 188 54 39
Jan. 15 9,138 4,235 926 1,676 1,411 422 469 910 382 81 127 210 50 60
Jan. 16 7,851 3,897 940 1,009 1,168 324 513 767 360 97 101 106 42 61
Jan. 17 8,416 4,257 1,184 1,050 1,486 334 105 772 404 84 93 152 20 19
* Data through January 17.
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
2017 9,480 8,703 365 61 96 102 152 348 309 11 3 5 5 14
2018 6,169 5,328 339 66 89 80 268 243 192 11 2 5 5 28
2019* 3,874 2,884 203 55 64 194 474 154 100 6 2 4 9 34
Monthly average
2018-Aug. 7,512 6,662 299 64 158 37 292 297 240 12 4 8 2 32
Sept. 4,816 4,035 239 83 129 71 259 201 147 8 3 6 4 32
Oct. 4,113 3,308 171 64 90 101 380 187 124 6 2 4 6 44
Nov. 4,233 3,432 144 91 83 47 436 172 111 5 3 4 2 47
Dec. 3,799 3,083 276 31 19 56 335 149 102 9 1 2 2 33
2019-Jan.* 3,874 2,884 203 55 64 194 474 154 100 6 2 4 9 34
Weekly (Friday) average
Dec. 21 3,032 2,291 312 51 9 69 301 141 84 10 2 2 3 41
Dec. 28 3,409 3,249 157 0 0 0 4 114 108 5 0 0 0 1
Jan. 4 3,341 2,138 267 25 74 249 588 138 72 8 2 4 10 43
Jan. 11 3,531 2,723 183 88 89 134 313 140 96 5 3 6 6 25
Jan. 18* 4,197 3,408 115 29 12 164 469 166 121 6 1 0 8 29
Daily
Jan. 11 4,204 3,681 0 0 106 205 212 158 124 0 0 4 5 25
Jan. 14 3,667 2,324 30 10 50 350 902 160 96 2 1 1 19 41
Jan. 15 2,798 2,443 7 105 0 52 191 143 96 2 3 0 2 40
Jan. 16 4,915 4,523 110 0 0 255 27 175 153 3 0 0 13 6
Jan. 17 5,409 4,342 312 0 0 0 754 184 139 16 0 0 0 29
* Data through January 17.
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
2017 13,123 8,653 1,335 386 804 541 1,405 515 336 50 16 35 20 58
2018 12,563 7,887 1,671 285 620 554 1,547 503 317 62 11 26 20 67
2019* 12,503 7,600 1,753 251 588 509 1,802 508 310 65 11 28 18 76
Monthly average
2018-Aug. 11,602 7,627 1,531 248 525 507 1,165 496 314 62 13 24 24 57
Sept. 13,180 8,134 1,921 283 582 609 1,650 537 329 77 13 27 23 68
Oct. 13,302 8,637 1,874 265 617 394 1,516 520 338 71 10 26 14 60
Nov. 12,758 7,721 1,947 318 558 519 1,694 506 301 73 12 25 16 78
Dec. 12,291 7,338 1,775 235 596 666 1,680 464 280 64 8 24 20 67
2019-Jan.* 12,503 7,600 1,753 251 588 509 1,802 508 310 65 11 28 18 76
Weekly (Friday) average
Dec. 21 13,707 8,041 1,735 417 839 806 1,869 525 311 73 13 31 23 75
Dec. 28 10,732 6,121 2,320 326 691 305 969 407 246 69 12 28 12 40
Jan. 4 11,705 6,812 1,945 228 431 475 1,814 467 280 65 8 20 19 74
Jan. 11 12,130 7,400 1,577 291 644 565 1,653 498 296 63 15 31 21 72
Jan. 18* 12,505 8,251 1,479 217 553 403 1,601 507 336 56 8 26 13 66
Daily
Jan. 11 11,239 7,855 1,364 524 335 136 1,025 455 296 59 30 13 5 52
Jan. 14 12,499 8,486 525 269 801 211 2,207 510 356 29 7 28 11 79
Jan. 15 11,227 7,469 931 76 625 611 1,516 477 313 28 4 36 15 81
Jan. 16 12,764 7,766 2,868 364 204 455 1,108 502 311 96 14 16 14 51
Jan. 17 13,530 9,283 1,592 160 584 335 1,575 538 366 70 9 25 13 55
* Data through January 17.
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
2017 84,232 52,769 11,730 3,848 6,226 3,133 6,526 3,947 2,270 508 254 396 171 350
2018 82,442 47,708 13,574 3,989 6,051 3,487 7,632 4,042 2,154 566 269 413 205 434
2019* 78,029 40,459 11,757 4,249 6,810 4,348 10,406 4,020 1,888 488 304 522 261 558
Monthly average
2018-Aug. 76,574 46,986 11,345 2,968 5,675 3,294 6,306 3,924 2,185 502 233 411 214 380
Sept. 81,742 47,474 13,879 3,531 6,071 2,784 8,003 4,125 2,254 614 258 406 182 411
Oct. 80,074 46,858 12,581 3,796 5,582 3,214 8,042 3,894 2,128 507 254 382 197 425
Nov. 75,606 42,604 12,737 4,154 4,951 3,191 7,968 3,760 1,980 540 280 337 179 444
Dec. 67,794 38,519 11,105 3,429 5,419 3,084 6,238 3,361 1,808 466 227 348 160 352
2019-Jan.* 78,029 40,459 11,757 4,249 6,810 4,348 10,406 4,020 1,888 488 304 522 261 558
Weekly (Friday) average
Dec. 21 74,657 41,050 11,340 5,237 6,339 3,936 6,755 3,708 1,902 505 318 413 179 391
Dec. 28 58,125 36,345 10,426 2,604 3,176 1,486 4,089 2,700 1,673 376 179 182 74 218
Jan. 4 65,015 32,767 10,144 3,837 7,254 2,890 8,124 3,388 1,568 424 281 529 156 431
Jan. 11 78,817 40,896 11,598 3,863 6,448 5,030 10,981 4,110 1,943 477 278 495 326 591
Jan. 18* 78,383 43,097 11,097 4,457 5,910 4,077 9,744 3,978 1,956 466 308 486 236 526
Daily
Jan. 11 69,063 38,090 8,641 4,054 4,982 3,218 10,078 3,555 1,816 366 306 347 193 527
Jan. 14 73,309 41,683 8,776 2,254 6,307 3,211 11,077 3,716 1,871 374 205 521 194 551
Jan. 15 78,839 40,332 8,744 6,523 6,916 5,793 10,531 4,269 1,930 409 403 631 297 599
Jan. 16 77,433 42,650 13,709 4,918 4,507 3,955 7,694 3,916 1,921 532 338 376 274 475
Jan. 17 83,952 47,724 13,162 4,133 5,910 3,350 9,674 4,013 2,102 551 286 417 178 479
* Data through January 17.

Footnotes

1. Millions of dollars.

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Last Update: January 18, 2019