Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of July 16, 2019Posted July 17, 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* 3,645 2,125 389 318 373 255 185 163 86 18 18 20 12 10
Monthly average
2019-Feb. 3,625 1,862 406 350 487 311 209 176 87 20 19 23 15 12
Mar. 2,545 1,242 238 241 404 229 191 127 60 13 13 21 10 9
Apr. 2,301 1,056 282 213 371 211 167 112 47 16 11 19 11 7
May 4,484 2,763 806 348 269 160 138 188 107 31 19 15 8 8
June 5,137 3,801 313 358 357 157 151 200 133 13 20 19 7 8
July* 4,765 3,413 494 318 231 220 89 197 135 20 17 13 7 5
Weekly (Friday) average
June 21 7,102 4,995 817 342 334 276 338 260 171 26 18 17 14 14
June 28 3,610 2,368 56 317 657 85 128 168 97 3 23 35 3 7
July 5 4,773 3,028 1,066 289 262 124 4 182 111 34 17 15 4 0
July 12 3,887 2,754 165 383 174 307 103 170 116 9 19 9 10 7
July 19* 6,945 5,833 174 210 312 192 224 295 230 18 13 18 8 8
Daily
July 10 3,734 2,966 267 247 155 42 57 154 104 17 18 6 2 7
July 11 2,770 517 164 1,138 87 815 50 116 23 14 43 11 24 1
July 12 995 279 193 438 0 85 0 58 20 8 27 0 3 0
July 15 6,205 4,868 205 52 401 259 420 237 182 10 4 22 9 10
July 16 7,685 6,798 142 368 224 125 28 353 279 26 22 15 6 5
* Data through July 16.
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* 9,848 6,262 1,199 901 1,101 240 144 895 532 109 88 123 28 15
Monthly average
2019-Feb. 10,361 6,770 1,251 777 1,253 192 119 936 573 110 81 136 22 14
Mar. 10,742 7,119 1,356 1,038 888 185 155 929 590 113 93 94 23 16
Apr. 9,782 6,184 1,147 947 1,083 254 166 912 549 109 89 122 29 14
May 10,039 6,531 1,167 992 1,060 152 137 927 557 105 106 126 19 14
June 9,765 6,696 1,091 694 1,010 200 73 866 548 104 66 112 25 11
July* 8,722 4,732 1,438 731 1,282 366 174 827 442 135 72 133 38 8
Weekly (Friday) average
June 21 10,107 6,890 1,246 639 1,090 156 86 895 546 127 56 129 21 16
June 28 9,153 6,451 643 876 904 185 95 835 554 63 82 97 27 12
July 5 8,901 4,359 1,930 560 1,286 393 372 823 417 180 53 120 43 11
July 12 8,223 4,669 1,124 799 1,253 315 62 797 438 103 75 141 33 7
July 19* 9,614 5,636 1,237 900 1,347 438 56 911 501 126 102 138 40 4
Daily
July 10 8,044 4,448 1,147 760 1,320 275 93 723 359 136 59 138 26 5
July 11 7,686 4,457 1,098 858 977 286 10 672 399 91 66 88 26 2
July 12 6,953 4,116 704 715 1,071 332 15 722 419 50 81 128 37 7
July 15 10,453 6,042 1,475 844 1,466 513 112 967 536 143 102 138 39 9
July 16 8,775 5,231 999 956 1,227 362 0 855 466 109 102 138 40 0
* Data through July 16.
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* 5,110 4,113 430 74 151 95 247 175 131 13 3 6 4 19
Monthly average
2019-Feb. 4,655 3,579 544 44 43 104 341 163 120 15 2 3 4 20
Mar. 4,367 3,417 396 81 136 107 229 148 105 11 3 4 4 21
Apr. 5,111 4,469 145 83 129 89 196 181 143 4 2 5 3 23
May 5,592 4,402 587 59 152 138 253 196 140 18 2 5 6 24
June 6,065 4,865 531 101 339 18 210 192 145 17 4 12 1 12
July* 6,368 5,172 704 113 252 44 83 209 162 20 6 12 3 5
Weekly (Friday) average
June 21 6,166 5,236 199 92 414 62 162 186 150 10 4 12 2 8
June 28 6,945 5,325 636 127 709 0 148 218 156 19 6 28 0 8
July 5 7,025 5,230 1,217 88 469 18 3 209 157 32 5 14 1 1
July 12 6,006 5,497 169 125 103 29 83 199 173 7 6 5 3 5
July 19* 5,957 4,243 1,014 132 191 132 246 231 144 29 6 28 9 15
Daily
July 10 6,548 5,767 219 91 339 0 131 227 181 17 5 19 0 5
July 11 5,729 5,516 0 182 0 0 32 188 169 0 15 0 0 4
July 12 5,242 4,601 165 50 104 147 176 191 157 4 1 3 14 12
July 15 6,382 3,614 1,976 110 372 109 201 262 132 50 5 54 10 11
July 16 5,533 4,871 52 155 10 154 291 200 157 8 6 2 8 19
* Data through July 16.
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* 13,061 8,642 1,635 228 683 594 1,279 514 340 63 10 29 20 52
Monthly average
2019-Feb. 13,107 8,452 1,737 231 774 629 1,283 503 320 69 9 30 23 52
Mar. 12,972 8,315 1,778 244 634 564 1,437 478 305 62 9 25 18 59
Apr. 12,050 8,119 1,393 165 667 552 1,154 459 311 51 7 25 17 47
May 12,586 8,642 1,481 194 572 684 1,013 504 345 61 9 26 21 41
June 14,401 10,134 1,405 266 672 735 1,191 588 415 53 14 31 27 48
July* 15,287 9,709 2,136 297 884 544 1,717 634 415 87 17 37 17 61
Weekly (Friday) average
June 21 13,304 9,759 1,211 247 534 681 871 538 398 42 14 27 26 32
June 28 15,014 10,491 1,452 455 905 571 1,141 586 420 56 23 39 19 30
July 5 13,866 8,100 2,868 191 859 337 1,512 554 334 110 10 33 16 51
July 12 16,111 10,965 1,667 360 858 557 1,703 683 470 72 22 40 15 64
July 19* 16,070 9,785 1,844 352 1,000 928 2,161 671 438 80 17 40 25 70
Daily
July 10 17,000 10,889 1,723 453 1,262 760 1,913 744 491 75 32 55 16 75
July 11 16,914 12,349 1,713 501 939 354 1,058 666 490 72 19 28 11 46
July 12 13,908 10,444 1,564 501 205 0 1,193 559 425 59 27 5 0 43
July 15 16,678 9,904 1,112 519 1,454 1,181 2,507 688 447 58 20 49 29 85
July 16 15,462 9,666 2,576 184 546 676 1,814 654 430 103 14 30 21 56
* Data through July 16.
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* 79,804 46,240 12,769 3,631 6,101 3,305 7,757 4,026 2,197 529 259 438 196 407
Monthly average
2019-Feb. 80,696 47,680 12,483 3,212 6,578 3,246 7,497 4,105 2,298 520 238 453 196 400
Mar. 80,786 47,210 13,379 3,944 5,456 2,954 7,842 4,056 2,276 538 267 390 175 411
Apr. 74,369 42,493 11,935 3,292 6,164 3,257 7,227 3,843 2,082 500 236 441 191 394
May 78,356 44,793 13,031 3,651 5,367 3,425 8,089 4,058 2,180 537 275 428 204 434
June 84,957 52,280 12,658 3,705 6,398 3,109 6,807 4,110 2,374 524 255 434 181 342
July* 85,354 48,065 15,365 3,891 6,617 2,978 8,438 4,125 2,204 642 276 460 180 362
Weekly (Friday) average
June 21 86,014 54,189 13,820 2,820 5,857 3,131 6,195 4,150 2,430 607 183 426 189 314
June 28 86,386 54,077 10,854 4,516 8,485 2,943 5,512 4,128 2,476 401 306 521 154 270
July 5 80,981 41,527 18,463 3,205 7,347 2,555 7,885 3,811 1,880 771 205 453 174 328
July 12 86,458 51,345 12,729 4,075 5,731 3,142 9,436 4,186 2,320 534 294 443 181 413
July 19* 91,336 52,939 15,760 4,802 7,371 3,413 7,051 4,600 2,562 656 374 514 190 303
Daily
July 10 92,567 52,178 13,338 3,372 7,115 3,552 13,012 4,478 2,267 641 261 575 199 535
July 11 85,528 50,537 11,239 5,335 5,245 3,207 9,964 3,898 2,187 440 319 342 161 449
July 12 81,830 47,960 13,055 4,561 4,492 2,435 9,327 3,963 2,251 454 364 329 164 401
July 15 93,078 53,434 14,128 5,236 8,036 4,105 8,140 4,717 2,602 610 405 538 212 350
July 16 89,594 52,444 17,392 4,368 6,706 2,721 5,962 4,482 2,522 703 343 489 169 256
* Data through July 16.

Footnotes

1. Millions of dollars.

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Last Update: July 17, 2019