Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of November 15, 2018Posted November 16, 2018

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
2016 7,324 4,282 1,355 379 492 488 327 282 158 44 17 23 21 18
2017 7,724 4,502 1,391 531 680 318 302 296 163 48 24 31 14 17
2018* 4,537 2,612 474 362 524 326 240 201 105 19 18 27 15 16
Monthly average
2018-June 6,122 3,914 827 421 474 202 283 266 157 33 22 23 9 22
July 4,847 3,647 307 170 85 333 307 213 141 15 12 5 19 21
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.* 5,235 2,776 978 436 835 135 76 206 107 29 21 40 5 5
Weekly (Friday) average
Oct. 19 5,507 3,133 1,048 374 475 239 239 230 137 37 18 21 8 8
Oct. 26 5,103 3,785 285 38 378 144 474 204 151 10 4 20 5 15
Nov. 2 4,032 1,616 1,063 72 1,044 40 196 151 60 32 8 44 1 7
Nov. 9 5,897 4,327 732 325 289 173 52 237 169 23 18 17 7 2
Nov. 16* 3,969 1,211 440 836 1,155 161 166 165 45 12 34 58 4 11
Daily
Nov. 9 7,263 3,476 3,021 452 153 106 55 248 129 81 19 10 7 2
Nov. 12 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Nov. 13 4,782 3,275 400 509 323 275 0 169 113 14 21 15 6 0
Nov. 14 3,091 195 493 322 1,740 10 331 162 9 13 17 103 1 19
Nov. 15 4,034 164 427 1,678 1,401 198 166 163 13 10 63 57 6 14
* Data through November 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
2016 5,545 3,263 718 638 732 159 35 500 278 64 65 74 16 2
2017 7,353 4,755 894 657 844 160 43 608 364 77 64 82 17 4
2018* 8,849 5,616 1,072 797 1,039 226 99 770 445 97 80 107 29 13
Monthly average
2018-June 8,314 5,040 971 721 1,129 235 217 795 433 89 88 124 27 34
July 7,723 4,717 980 734 1,027 201 63 736 421 96 78 106 25 9
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.* 8,558 5,653 934 717 950 171 133 733 442 86 75 95 21 15
Weekly (Friday) average
Oct. 19 8,639 5,343 1,084 864 1,017 278 53 765 415 110 87 107 35 10
Oct. 26 8,525 5,476 924 855 837 324 109 691 421 83 74 74 27 12
Nov. 2 8,840 5,841 837 802 1,034 218 107 742 458 79 72 100 23 11
Nov. 9 8,217 5,714 889 482 880 160 92 724 455 87 52 91 21 19
Nov. 16* 8,775 5,255 1,013 1,016 1,113 123 255 744 410 91 110 103 16 15
Daily
Nov. 9 7,509 5,684 708 357 440 225 95 695 476 75 43 44 25 32
Nov. 12 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Nov. 13 9,438 5,420 1,513 655 1,208 104 538 783 447 138 78 96 11 13
Nov. 14 7,130 4,617 921 772 712 96 12 651 367 78 100 89 15 2
Nov. 15 9,757 5,727 607 1,620 1,421 167 215 799 415 58 151 123 23 29
* Data through November 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
2016 11,132 10,283 193 46 83 98 429 345 296 6 2 4 5 32
2017 9,480 8,703 365 61 96 102 152 348 309 11 3 5 5 14
2018* 6,486 5,628 355 69 99 83 253 255 204 11 3 5 5 26
Monthly average
2018-June 5,607 4,928 197 43 83 101 255 223 182 8 2 4 6 23
July 7,622 6,903 338 72 69 73 168 305 259 12 3 4 5 23
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.* 4,545 3,684 174 115 144 33 396 188 121 6 4 7 2 49
Weekly (Friday) average
Oct. 19 3,967 3,215 176 40 95 61 380 202 134 5 2 5 4 51
Oct. 26 4,564 3,844 223 14 66 88 329 181 128 8 1 4 9 32
Nov. 2 4,008 3,039 95 41 59 109 665 189 110 2 2 4 7 64
Nov. 9 4,761 3,993 138 112 88 19 411 192 129 7 4 4 1 48
Nov. 16* 4,469 3,596 197 181 273 0 223 177 117 6 8 10 0 36
Daily
Nov. 9 3,587 3,083 132 18 25 10 319 177 110 5 3 3 2 54
Nov. 12 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Nov. 13 3,911 3,244 156 4 382 0 125 165 118 7 1 14 0 25
Nov. 14 5,862 5,015 173 113 331 0 230 226 149 4 11 14 0 48
Nov. 15 3,636 2,528 262 427 106 0 313 141 85 8 11 3 0 34
* Data through November 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
2016 12,316 7,583 1,105 374 1,155 601 1,498 443 271 42 13 43 20 54
2017 13,123 8,653 1,335 386 804 541 1,405 515 336 50 16 35 20 58
2018* 12,592 7,957 1,639 284 626 545 1,542 507 322 60 11 26 20 68
Monthly average
2018-June 13,006 8,572 1,562 235 623 399 1,616 514 348 58 8 26 14 61
July 12,712 7,829 1,543 271 745 771 1,553 520 321 59 11 34 29 66
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.* 13,054 8,013 1,720 237 572 511 2,001 521 313 62 9 28 17 93
Weekly (Friday) average
Oct. 19 13,728 9,467 1,856 259 612 283 1,251 555 383 69 8 26 10 58
Oct. 26 12,148 8,183 2,021 196 449 149 1,150 449 300 70 7 20 6 46
Nov. 2 11,661 7,921 1,549 184 468 193 1,347 443 291 60 6 19 6 60
Nov. 9 13,050 7,594 1,826 185 654 520 2,270 544 307 68 9 34 17 109
Nov. 16* 14,156 8,754 1,841 317 613 739 1,893 522 333 60 10 23 23 73
Daily
Nov. 9 11,896 7,049 1,521 132 423 833 1,938 522 290 62 9 18 27 116
Nov. 12 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Nov. 13 14,429 8,218 2,528 236 375 611 2,460 513 310 78 7 18 22 78
Nov. 14 13,645 9,436 1,729 179 112 399 1,789 524 372 57 6 5 15 69
Nov. 15 14,393 8,606 1,266 536 1,350 1,206 1,429 530 316 46 16 46 33 73
* Data through November 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
2016 78,277 49,126 9,347 3,620 6,157 3,323 6,703 3,527 2,008 413 235 371 172 328
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* 84,264 48,876 13,803 4,025 6,218 3,541 7,802 4,124 2,198 573 272 427 211 444
Monthly average
2018-June 86,088 51,289 13,370 3,698 5,616 3,452 8,663 4,259 2,306 559 271 415 202 505
July 82,918 48,451 13,001 3,321 6,435 3,622 8,087 4,248 2,259 573 256 446 241 472
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.* 79,749 44,924 12,006 3,984 6,274 3,272 9,288 3,945 2,070 480 268 439 184 504
Weekly (Friday) average
Oct. 19 78,400 45,869 12,397 4,275 5,104 3,152 7,603 3,944 2,137 521 279 364 197 445
Oct. 26 77,625 46,903 12,989 3,417 4,344 2,259 7,713 3,585 2,053 499 232 300 137 363
Nov. 2 75,506 44,439 12,272 2,654 6,171 2,616 7,355 3,599 2,003 464 189 394 154 395
Nov. 9 82,794 46,901 12,357 3,266 6,173 3,297 10,800 4,055 2,128 492 218 450 193 572
Nov. 16* 77,507 42,648 12,279 5,997 6,159 2,775 7,649 3,913 2,026 483 385 430 155 433
Daily
Nov. 9 74,739 41,715 10,868 4,218 3,933 3,444 10,560 3,923 2,049 458 246 271 174 725
Nov. 12 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Nov. 13 78,936 40,119 18,514 4,276 6,249 2,165 7,613 3,998 1,996 711 280 464 145 402
Nov. 14 76,469 46,549 10,244 4,847 5,551 2,745 6,532 3,849 2,107 424 359 409 160 390
Nov. 15 77,117 41,276 8,079 8,869 6,677 3,413 8,803 3,892 1,976 314 517 417 160 508
* Data through November 15.

Footnotes

1. Millions of dollars.

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Last Update: November 16, 2018