Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of July 19, 2018Posted July 20, 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* 4,266 2,281 425 401 519 371 270 191 90 18 21 26 17 19
Monthly average
2018-Feb. 2,968 1,193 148 334 596 453 245 129 43 7 17 27 18 16
Mar. 2,924 1,023 315 431 559 436 160 141 45 15 19 30 20 11
Apr. 3,267 1,202 340 426 605 414 280 165 52 15 22 30 20 26
May 5,948 3,481 614 435 682 368 368 267 137 26 25 37 17 26
June 6,122 3,914 827 421 474 202 283 266 157 33 22 23 9 22
July* 5,055 3,809 319 161 56 365 346 224 151 15 12 3 21 22
Weekly (Friday) average
June 22 7,032 4,083 1,680 190 393 331 355 307 168 65 10 16 12 36
June 29 3,907 3,024 210 171 80 227 195 183 131 10 12 7 11 13
July 6 5,390 3,856 716 323 104 365 24 236 163 26 23 6 16 1
July 13 3,911 2,796 80 102 43 486 404 185 115 6 8 3 28 25
July 20* 6,150 5,027 220 71 22 212 597 262 184 16 6 1 18 38
Daily
July 13 1,179 326 145 40 0 410 258 84 19 11 3 0 21 30
July 16 10,941 9,516 235 18 40 279 853 402 326 10 2 1 12 51
July 17 7,842 6,605 300 62 0 178 696 313 232 27 6 0 11 37
July 18 4,932 3,859 194 130 0 317 432 242 165 23 10 0 25 19
July 19 886 129 150 74 50 75 408 90 11 3 6 2 23 45
* Data through July 19.
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* 9,135 5,786 1,095 826 1,091 226 112 778 443 97 83 113 28 15
Monthly average
2018-Feb. 11,219 7,663 1,296 838 1,121 238 63 827 515 109 76 97 24 6
Mar. 9,973 6,642 1,183 934 859 171 183 765 452 100 86 88 19 20
Apr. 8,428 5,287 966 901 1,000 223 50 772 433 88 93 112 37 9
May 8,119 5,013 1,083 736 1,004 224 59 720 399 100 73 111 29 6
June 8,314 5,040 971 721 1,129 235 217 795 433 89 88 124 27 34
July* 7,453 4,342 957 777 1,096 209 72 721 390 92 83 119 27 10
Weekly (Friday) average
June 22 8,127 4,747 1,183 685 1,193 172 148 781 414 104 83 126 25 28
June 29 7,848 5,071 608 838 1,041 264 26 771 446 54 117 125 26 3
July 6 6,718 3,971 971 642 955 126 53 690 391 94 60 113 26 6
July 13 7,628 4,329 877 961 1,042 318 101 754 387 96 109 112 35 16
July 20* 7,968 4,730 1,041 683 1,303 155 55 710 391 84 72 135 20 7
Daily
July 13 7,290 4,583 693 586 995 342 91 715 391 72 58 147 31 16
July 16 9,764 5,012 1,627 1,097 1,867 156 4 834 389 118 91 203 31 2
July 17 7,163 4,834 996 503 624 143 64 678 394 68 75 118 15 8
July 18 6,758 4,652 632 490 717 257 10 595 382 59 58 71 24 1
July 19 8,187 4,423 911 643 2,005 64 142 733 400 93 66 148 8 18
* Data through July 19.
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* 6,954 6,057 424 69 87 94 223 266 219 13 2 5 5 21
Monthly average
2018-Feb. 9,748 8,410 745 119 106 126 242 359 297 21 3 7 7 24
Mar. 6,251 5,491 323 31 97 100 209 241 194 10 1 9 6 22
Apr. 4,435 3,791 187 56 88 63 250 194 159 6 2 4 4 19
May 5,771 5,263 150 18 60 71 210 222 188 7 1 3 5 18
June 5,607 4,928 197 43 83 101 255 223 182 8 2 4 6 23
July* 7,191 6,350 355 112 99 79 196 282 223 12 4 6 6 30
Weekly (Friday) average
June 22 5,200 4,370 253 28 73 215 261 240 188 12 1 2 10 26
June 29 3,837 3,476 27 5 15 33 281 158 133 1 1 2 3 17
July 6 4,090 3,205 345 47 179 137 177 197 128 13 3 8 8 37
July 13 9,922 9,276 113 135 54 88 255 337 283 6 5 5 7 31
July 20* 6,877 5,838 665 147 76 11 140 300 244 20 5 6 3 21
Daily
July 13 8,392 7,666 118 428 54 9 115 332 280 8 14 4 3 23
July 16 6,410 4,716 1,478 115 2 41 59 267 204 32 6 1 11 13
July 17 6,161 5,193 370 469 21 2 106 276 221 14 13 2 1 25
July 18 9,000 8,264 200 2 280 3 252 360 307 5 1 23 1 23
July 19 5,936 5,178 613 1 0 0 143 296 245 27 1 0 0 23
* Data through July 19.
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* 12,589 7,915 1,584 301 646 562 1,582 504 322 56 11 26 20 69
Monthly average
2018-Feb. 13,052 8,308 1,627 311 558 637 1,611 513 324 58 13 21 21 76
Mar. 12,401 7,711 1,607 364 621 388 1,710 473 294 53 13 22 13 77
Apr. 12,411 7,588 1,627 308 726 681 1,481 499 314 55 10 28 23 68
May 12,217 7,885 1,544 221 570 592 1,406 508 339 55 9 23 21 62
June 13,006 8,572 1,562 235 623 399 1,616 514 348 58 8 26 14 61
July* 13,417 8,159 1,584 309 740 836 1,789 549 336 61 11 36 32 74
Weekly (Friday) average
June 22 12,903 8,508 1,737 259 626 468 1,307 503 342 65 7 24 16 50
June 29 12,618 8,039 1,843 218 627 317 1,575 494 331 64 7 26 12 54
July 6 14,177 7,935 1,925 295 745 1,139 2,138 550 329 67 10 31 36 77
July 13 13,437 8,405 1,384 360 767 584 1,938 567 343 58 13 38 30 85
July 20* 12,631 8,074 1,495 259 701 848 1,254 524 333 56 9 39 30 56
Daily
July 13 12,010 8,213 1,390 666 337 238 1,166 484 331 53 15 25 15 45
July 16 14,042 8,196 871 114 1,236 1,819 1,805 631 349 44 5 74 75 84
July 17 13,093 8,563 2,385 459 320 475 892 501 343 86 14 11 12 35
July 18 11,423 7,754 408 150 495 898 1,718 506 321 23 6 41 29 86
July 19 11,966 7,782 2,317 314 753 197 603 457 319 73 10 30 6 19
* Data through July 19.
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* 87,002 49,958 14,569 4,368 6,416 3,749 7,942 4,200 2,204 596 286 439 217 459
Monthly average
2018-Feb. 96,066 57,270 16,575 4,607 6,368 3,826 7,419 4,350 2,378 641 289 413 195 435
Mar. 85,873 49,552 13,953 5,283 5,924 2,874 8,287 4,060 2,122 582 308 405 171 471
Apr. 81,588 44,245 13,867 4,107 6,935 4,107 8,327 4,097 2,062 566 284 460 254 471
May 82,076 47,852 14,166 3,676 6,012 3,689 6,680 4,063 2,131 596 263 433 225 416
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* 83,506 47,917 13,015 3,545 6,487 3,595 8,946 4,256 2,210 565 273 457 244 507
Weekly (Friday) average
June 22 87,911 49,785 15,600 3,057 5,584 3,955 9,930 4,376 2,328 654 212 394 219 570
June 29 75,950 49,023 8,857 3,248 5,187 2,954 6,680 3,994 2,316 370 276 417 195 421
July 6 82,344 44,091 14,445 3,651 7,397 3,489 9,272 4,173 2,110 581 269 486 209 518
July 13 84,470 50,587 11,509 3,664 6,443 3,710 8,557 4,310 2,227 532 302 471 280 498
July 20* 83,462 48,406 13,470 3,290 5,633 3,557 9,106 4,273 2,291 592 239 412 233 507
Daily
July 13 72,005 44,916 10,353 4,670 3,840 2,939 5,287 3,861 2,153 458 301 351 217 381
July 16 90,628 51,457 13,978 4,312 7,611 4,355 8,914 4,641 2,475 586 261 568 249 502
July 17 83,956 49,190 17,266 3,112 4,472 2,681 7,236 4,185 2,274 734 224 359 174 420
July 18 77,486 48,273 7,880 2,684 4,013 4,343 10,292 4,038 2,252 445 203 323 266 549
July 19 81,777 44,704 14,754 3,052 6,436 2,848 9,982 4,228 2,162 602 269 396 243 556
* Data through July 19.

Footnotes

1. Millions of dollars.

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Last Update: July 20, 2018