Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of January 28, 2020Posted January 29, 2020

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
2018 4,506 2,604 474 366 516 319 227 199 104 19 19 26 15 15
2019 4,097 2,640 450 336 333 211 126 169 99 19 18 17 10 7
2020* 4,200 2,801 265 329 281 428 95 167 100 14 16 14 15 8
Monthly average
2019-Aug. 5,067 3,533 697 566 195 52 25 183 124 23 24 8 3 2
Sept. 4,812 3,326 599 388 384 76 39 196 126 26 19 19 4 2
Oct. 4,717 3,227 452 344 458 169 67 191 116 18 19 25 9 5
Nov. 5,103 3,615 456 359 316 312 45 190 120 18 18 15 16 2
Dec. 3,881 3,106 331 135 158 120 31 130 98 13 6 6 5 2
2020-Jan.* 4,200 2,801 265 329 281 428 95 167 100 14 16 14 15 8
Weekly (Friday) average
Jan. 3 1,065 486 189 154 126 73 35 55 25 8 10 6 3 4
Jan. 10 5,810 4,429 138 136 412 560 134 207 147 7 7 18 18 9
Jan. 17 3,507 1,406 403 705 272 644 76 162 58 22 34 17 22 9
Jan. 24 2,943 1,854 377 199 165 238 111 131 76 22 10 7 10 7
Jan. 31* 6,949 6,229 28 201 231 225 36 236 202 1 10 14 8 2
Daily
Jan. 22 1,172 287 260 149 224 100 152 57 15 14 9 10 4 5
Jan. 23 1,714 402 406 105 266 488 47 81 18 24 6 9 18 6
Jan. 24 2,143 909 633 259 72 85 186 130 55 37 17 7 3 11
Jan. 27 9,094 8,236 0 286 210 332 30 267 231 0 13 11 10 2
Jan. 28 4,805 4,221 55 116 252 118 43 206 173 2 7 16 5 3
* Data through January 28.
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
2018 8,726 5,507 1,106 784 1,007 218 103 758 439 99 78 102 27 13
2019 9,253 5,972 1,120 805 973 250 132 849 515 107 82 104 27 14
2020* 8,469 5,638 714 922 738 262 194 813 504 83 94 85 26 22
Monthly average
2019-Aug. 9,002 5,528 1,322 758 1,029 277 88 853 497 135 79 99 32 12
Sept. 9,342 6,298 1,122 811 724 277 112 882 582 116 76 72 24 12
Oct. 8,361 5,586 846 724 818 216 171 816 519 95 79 82 21 21
Nov. 8,604 5,651 1,090 633 797 331 104 771 468 108 71 78 34 13
Dec. 7,765 5,496 649 493 663 311 153 648 423 62 57 67 26 12
2020-Jan.* 8,469 5,638 714 922 738 262 194 813 504 83 94 85 26 22
Weekly (Friday) average
Jan. 3 6,094 4,115 875 509 284 85 226 587 398 78 51 34 7 20
Jan. 10 8,338 5,601 643 939 704 247 205 806 485 83 99 88 22 29
Jan. 17 8,341 5,436 530 1,110 852 328 86 801 496 65 112 88 32 8
Jan. 24 9,000 5,977 948 971 727 229 148 863 525 119 96 84 23 16
Jan. 31* 8,975 6,422 763 438 789 296 267 881 580 80 58 92 42 28
Daily
Jan. 22 8,204 5,373 985 883 598 316 49 743 422 121 84 77 34 5
Jan. 23 8,768 5,538 931 1,022 818 148 310 857 486 120 133 66 18 34
Jan. 24 8,635 5,874 724 1,186 536 215 100 821 544 106 95 58 11 7
Jan. 27 9,760 6,797 882 544 603 482 452 962 615 76 80 99 54 38
Jan. 28 8,189 6,046 644 332 975 110 82 800 546 85 35 85 30 19
* Data through January 28.
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
2018 6,169 5,328 339 66 89 80 268 243 192 11 2 5 5 28
2019 5,620 4,592 486 85 125 91 242 189 143 14 3 5 4 19
2020* 6,126 5,451 287 92 89 44 164 193 164 10 3 3 1 11
Monthly average
2019-Aug. 5,349 4,299 546 85 154 135 130 179 130 16 2 8 7 15
Sept. 6,013 5,069 394 50 66 105 328 211 161 12 2 3 7 26
Oct. 5,623 4,717 438 71 78 9 310 189 148 13 3 3 0 22
Nov. 6,616 5,224 939 131 46 48 227 214 163 26 4 2 2 17
Dec. 7,875 6,803 565 174 71 80 182 235 195 16 5 3 3 13
2020-Jan.* 6,126 5,451 287 92 89 44 164 193 164 10 3 3 1 11
Weekly (Friday) average
Jan. 3 6,817 6,216 173 54 138 24 213 196 174 7 2 3 1 8
Jan. 10 4,375 3,844 175 115 92 24 125 150 124 5 3 4 1 13
Jan. 17 5,527 4,957 273 102 17 108 69 179 155 11 3 1 3 7
Jan. 24 7,690 7,028 454 6 36 10 156 230 202 12 2 3 0 10
Jan. 31* 7,352 6,548 206 164 176 0 258 234 198 10 6 6 0 14
Daily
Jan. 22 7,224 6,512 525 7 38 0 142 234 203 12 3 10 0 6
Jan. 23 10,093 9,381 588 0 6 41 77 292 254 18 0 1 2 17
Jan. 24 6,863 6,192 452 0 100 0 120 209 189 11 0 2 0 7
Jan. 27 7,479 6,337 279 313 180 0 370 255 203 17 9 5 0 21
Jan. 28 7,225 6,758 132 16 173 0 146 212 193 4 2 6 0 7
* Data through January 28.
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
2018 12,563 7,887 1,671 285 620 554 1,547 503 317 62 11 26 20 67
2019 13,875 9,384 1,760 270 687 608 1,167 540 363 67 12 29 21 49
2020* 15,041 9,816 2,059 282 920 567 1,398 559 349 73 11 37 21 67
Monthly average
2019-Aug. 14,410 10,299 1,534 225 850 574 927 574 400 61 10 39 24 40
Sept. 17,048 12,008 1,919 315 716 809 1,281 640 444 73 14 27 29 54
Oct. 14,708 9,582 2,225 372 595 630 1,302 565 362 83 14 27 22 56
Nov. 13,684 8,779 2,237 413 553 660 1,043 519 325 80 15 23 25 50
Dec. 14,704 10,355 1,837 346 789 562 815 543 377 68 12 30 17 38
2020-Jan.* 15,041 9,816 2,059 282 920 567 1,398 559 349 73 11 37 21 67
Weekly (Friday) average
Jan. 3 14,048 9,178 2,174 154 735 813 993 509 331 74 8 23 22 50
Jan. 10 16,205 10,696 1,835 168 1,010 562 1,935 598 369 63 10 45 27 85
Jan. 17 14,584 9,775 2,025 342 756 585 1,101 552 354 77 12 32 21 56
Jan. 24 14,580 8,909 2,408 366 1,044 486 1,366 538 321 84 14 41 17 61
Jan. 31* 12,893 9,471 1,208 409 667 250 889 494 342 52 12 28 12 49
Daily
Jan. 22 13,273 8,818 1,735 95 1,207 284 1,134 492 317 60 6 42 16 51
Jan. 23 16,888 8,505 3,454 849 1,046 1,388 1,646 593 301 115 25 36 36 80
Jan. 24 13,415 9,175 1,764 166 586 99 1,626 487 323 58 11 31 11 53
Jan. 27 12,211 9,213 390 234 986 218 1,169 483 350 13 7 38 11 64
Jan. 28 13,576 9,729 2,026 584 347 282 608 505 334 92 16 17 12 34
* Data through January 28.
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
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 79,801 46,823 12,553 3,690 5,817 3,206 7,711 3,960 2,181 527 260 399 190 402
2020* 82,695 47,963 11,764 3,896 5,974 3,956 9,142 4,001 2,119 497 275 394 216 500
Monthly average
2019-Aug. 82,590 49,128 13,395 4,058 6,551 3,013 6,444 4,046 2,271 570 267 416 192 330
Sept. 84,280 50,635 12,808 3,760 5,818 2,966 8,292 4,168 2,408 566 264 355 169 406
Oct. 78,040 44,668 11,982 3,661 5,389 2,912 9,427 3,928 2,093 515 276 375 175 494
Nov. 77,976 43,284 13,881 3,867 4,918 3,891 8,135 3,758 1,931 571 265 318 233 439
Dec. 75,281 48,920 8,905 3,254 4,666 2,922 6,614 3,419 1,997 381 219 298 171 352
2020-Jan.* 82,695 47,963 11,764 3,896 5,974 3,956 9,142 4,001 2,119 497 275 394 216 500
Weekly (Friday) average
Jan. 3 67,841 40,611 9,920 2,826 5,035 2,171 7,278 3,150 1,756 432 210 282 107 364
Jan. 10 87,281 49,195 10,955 3,107 6,965 4,660 12,400 4,231 2,139 455 267 446 265 659
Jan. 17 79,441 46,135 10,564 4,725 5,198 4,708 8,111 3,900 2,053 456 327 372 243 449
Jan. 24 83,561 49,087 14,193 4,563 5,026 3,319 7,373 4,001 2,176 602 271 336 177 439
Jan. 31* 74,899 48,799 9,337 2,554 5,516 2,427 6,266 3,814 2,260 438 189 397 166 366
Daily
Jan. 22 79,744 46,388 15,110 3,138 5,003 3,981 6,124 3,747 1,982 623 215 337 205 385
Jan. 23 91,615 49,358 20,114 4,505 5,415 3,850 8,373 4,149 2,114 741 273 315 195 511
Jan. 24 73,968 45,000 9,236 6,329 3,928 1,592 7,883 3,703 2,139 443 335 275 102 409
Jan. 27 77,183 52,475 6,607 2,851 5,739 2,281 7,231 3,866 2,402 297 207 396 166 398
Jan. 28 72,615 45,123 12,067 2,257 5,294 2,573 5,301 3,763 2,117 579 171 398 165 333
* Data through January 28.

Footnotes

1. Millions of dollars.

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Last Update: January 29, 2020