Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of February 16, 2024Posted February 20, 2024

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
2022 4,359 3,230 319 237 297 195 80 157 109 13 10 13 8 3
2023 3,510 2,629 291 186 213 106 85 122 88 9 8 9 4 4
2024* 2,955 1,724 690 110 170 226 35 104 62 20 4 7 9 2
Monthly average
2023-Sept. 4,299 3,160 379 117 223 257 163 145 103 10 5 10 12 5
Oct. 4,327 3,333 296 181 237 159 121 140 105 9 8 8 6 4
Nov. 3,304 2,349 393 213 199 83 68 110 75 11 9 9 4 3
Dec. 3,287 1,842 994 165 141 111 33 113 69 27 6 6 4 1
2024-Jan. 3,000 1,768 711 75 129 262 55 104 61 20 3 6 10 4
Feb.* 2,878 1,648 654 173 240 162 1 105 62 19 6 10 8 0
Weekly (Friday) average
Jan. 19 3,551 1,866 1,125 10 122 391 38 124 66 32 1 5 19 1
Jan. 26 2,024 1,218 228 30 22 526 0 73 45 8 1 1 16 0
Feb. 2 2,111 219 918 351 456 165 2 80 9 31 13 20 6 0
Feb. 9 2,544 2,232 10 49 122 131 0 101 83 1 3 8 6 0
Feb. 16* 2,599 1,588 670 83 104 153 0 88 59 16 3 3 7 0
Daily
Feb. 13 1,319 1,288 0 0 2 30 0 89 87 0 0 1 1 0
Feb. 14 432 70 32 25 130 175 0 13 2 2 1 3 5 0
Feb. 15 1,344 789 0 100 250 205 0 48 33 0 4 6 5 0
Feb. 16 4,173 383 3,300 290 0 200 0 123 17 76 8 0 22 0
Feb. 19 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.
* Data through February 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
2022 10,100 6,494 1,125 958 1,006 317 200 775 452 94 91 97 30 11
2023 10,274 6,688 1,183 921 1,060 241 181 838 471 93 91 140 31 12
2024* 10,781 6,638 1,525 996 914 354 353 786 438 109 90 95 39 15
Monthly average
2023-Sept. 10,015 6,958 1,037 859 914 213 33 830 496 77 83 134 36 3
Oct. 11,155 7,587 1,099 785 1,168 461 55 850 507 76 80 151 30 5
Nov. 10,491 6,888 1,480 858 906 309 50 794 455 105 76 113 41 5
Dec. 9,883 6,490 1,401 671 1,001 208 112 685 429 93 51 80 23 10
2024-Jan. 11,026 6,746 1,573 967 995 373 372 786 445 112 84 93 37 15
Feb.* 10,352 6,449 1,442 1,048 770 321 321 787 427 105 100 100 41 14
Weekly (Friday) average
Jan. 19 11,213 7,310 1,823 862 812 245 162 852 480 140 76 102 36 18
Jan. 26 10,418 6,495 1,464 1,082 937 340 101 819 455 117 101 94 42 10
Feb. 2 11,214 7,255 1,614 935 1,007 364 40 868 499 116 78 108 59 8
Feb. 9 9,189 6,057 1,105 899 678 340 110 711 395 85 83 99 35 14
Feb. 16* 11,386 6,819 1,670 1,285 747 222 644 849 453 123 130 97 28 18
Daily
Feb. 13 11,213 6,328 1,418 2,726 545 142 54 958 409 132 331 47 25 14
Feb. 14 8,437 5,794 1,009 826 582 199 27 713 429 103 86 61 26 8
Feb. 15 16,061 7,522 3,143 1,316 717 282 3,081 964 506 208 94 68 25 63
Feb. 16 11,730 7,612 2,009 1,080 873 156 0 873 483 102 96 177 15 0
Feb. 19 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.
* Data through February 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
2022 9,562 8,408 596 118 224 88 128 246 206 18 4 7 3 9
2023 7,628 6,657 581 102 130 82 76 209 178 18 3 3 2 5
2024* 3,995 3,848 87 11 13 15 20 109 103 4 0 1 0 1
Monthly average
2023-Sept. 8,220 7,114 428 67 108 418 86 220 187 14 2 2 11 4
Oct. 7,377 6,515 658 29 139 3 33 196 168 22 1 3 0 2
Nov. 6,440 5,618 589 50 44 61 78 170 144 17 2 1 2 3
Dec. 5,223 4,462 612 82 12 2 52 136 113 18 2 1 0 2
2024-Jan. 4,563 4,363 126 6 15 20 32 126 117 5 0 1 0 2
Feb.* 3,001 2,946 19 20 9 6 0 80 78 1 0 0 0 0
Weekly (Friday) average
Jan. 19 4,621 4,373 148 0 19 56 26 137 123 8 0 0 1 4
Jan. 26 4,045 3,757 268 0 10 0 10 115 106 8 0 1 0 0
Feb. 2 4,098 4,030 18 20 14 10 6 107 104 2 0 0 0 1
Feb. 9 2,243 2,210 18 9 1 5 0 51 49 2 0 0 0 0
Feb. 16* 3,155 3,101 28 20 6 0 0 93 91 2 0 0 0 0
Daily
Feb. 13 3,025 3,025 0 0 0 0 0 84 84 0 0 0 0 0
Feb. 14 3,615 3,525 90 0 0 0 0 111 103 8 0 0 0 0
Feb. 15 3,475 3,425 50 0 0 0 0 107 106 1 0 0 0 0
Feb. 16 3,400 3,275 0 100 25 0 0 98 95 0 2 1 0 0
Feb. 19 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.
* Data through February 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
2022 16,982 11,030 2,697 541 918 483 1,314 535 336 77 16 31 16 58
2023 16,214 9,705 3,223 487 860 509 1,431 506 300 89 16 28 16 56
2024* 19,898 13,098 3,193 594 732 595 1,687 608 389 89 17 23 20 70
Monthly average
2023-Sept. 17,035 9,886 3,666 505 968 511 1,498 526 305 103 16 32 15 54
Oct. 16,672 10,026 3,553 477 669 366 1,581 517 304 97 15 23 12 64
Nov. 16,665 9,142 3,318 665 784 1,058 1,698 520 285 90 20 24 35 65
Dec. 17,031 10,232 2,901 619 1,071 633 1,575 524 310 82 17 35 22 59
2024-Jan. 19,858 12,726 3,550 535 672 734 1,641 613 383 98 16 22 24 70
Feb.* 19,969 13,750 2,568 697 837 351 1,766 599 398 73 20 25 13 69
Weekly (Friday) average
Jan. 19 20,789 12,887 3,984 553 647 933 1,785 639 378 110 16 23 32 80
Jan. 26 20,037 13,349 3,151 327 824 515 1,871 608 394 88 12 27 16 72
Feb. 2 19,214 12,308 3,123 726 814 339 1,904 589 363 87 21 24 12 82
Feb. 9 19,353 13,829 2,627 395 621 416 1,465 585 405 73 12 20 16 59
Feb. 16* 21,076 14,497 2,761 901 879 312 1,727 612 412 79 25 25 11 60
Daily
Feb. 13 20,344 13,738 2,471 1,766 704 222 1,444 565 373 67 51 21 7 46
Feb. 14 23,555 14,564 4,508 215 1,226 406 2,637 680 426 116 5 29 11 93
Feb. 15 23,356 14,764 3,776 1,893 491 409 2,022 678 416 106 44 21 12 79
Feb. 16 18,740 14,372 1,625 490 665 279 1,309 574 408 65 19 22 10 50
Feb. 19 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.
* Data through February 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
2022 121,237 83,340 14,203 4,945 6,919 3,738 8,093 4,541 2,744 516 287 380 187 426
2023 115,630 78,012 15,262 4,619 6,585 2,951 8,202 4,625 2,730 546 286 462 178 423
2024* 120,415 79,933 16,678 5,205 6,872 3,231 8,497 4,823 2,769 621 342 446 200 445
Monthly average
2023-Sept. 121,013 82,181 15,570 4,774 6,999 3,562 7,927 4,826 2,879 553 287 494 194 419
Oct. 120,120 80,821 16,386 4,541 6,519 2,885 8,967 4,714 2,797 553 287 468 171 438
Nov. 115,481 74,918 16,498 4,849 5,367 4,200 9,650 4,527 2,615 589 284 359 238 443
Dec. 111,727 74,396 15,355 4,602 6,812 3,477 7,085 4,305 2,616 545 245 369 186 344
2024-Jan. 120,901 79,690 17,069 5,437 6,895 3,650 8,159 4,850 2,792 620 349 432 220 436
Feb.* 119,566 80,357 15,993 4,800 6,830 2,497 9,090 4,775 2,729 622 328 470 164 460
Weekly (Friday) average
Jan. 19 130,018 82,679 20,891 6,501 6,940 4,504 8,504 5,297 2,911 748 419 438 294 488
Jan. 26 118,463 81,173 16,131 5,023 6,350 3,059 6,727 4,834 2,858 616 373 394 189 404
Feb. 2 117,437 77,870 16,484 4,522 7,861 2,267 8,434 4,660 2,739 618 277 477 160 389
Feb. 9 116,422 80,194 14,760 3,823 6,294 2,515 8,835 4,652 2,697 591 294 445 157 468
Feb. 16* 121,751 81,354 17,234 5,519 6,410 2,492 8,742 4,831 2,775 651 352 458 159 436
Daily
Feb. 13 120,383 78,719 17,938 7,748 5,042 3,119 7,817 4,983 2,720 687 536 438 176 426
Feb. 14 124,529 80,906 20,319 3,309 7,321 3,164 9,509 4,744 2,747 706 205 427 178 481
Feb. 15 134,428 82,271 22,512 8,923 6,510 2,474 11,738 5,282 2,807 835 521 513 142 464
Feb. 16 120,253 79,868 18,816 5,175 5,339 2,093 8,963 4,798 2,746 673 299 454 139 487
Feb. 19 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.
* Data through February 16.

Footnotes

1. Millions of dollars.

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Last Update: February 20, 2024