Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of September 19, 2019Posted September 20, 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* 3,907 2,379 459 355 343 216 155 167 94 20 19 17 10 8
Monthly average
2019-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 4,320 2,813 580 326 182 274 146 177 112 23 18 9 9 6
Aug. 5,067 3,533 697 566 195 52 25 183 124 23 24 8 3 2
Sept.* 4,712 3,218 615 405 451 3 19 194 124 28 19 21 0 1
Weekly (Friday) average
Aug. 23 5,868 4,210 897 532 196 34 0 204 144 27 25 7 2 0
Aug. 30 2,992 2,156 146 576 114 0 0 120 81 8 26 5 0 0
Sept. 6 5,106 3,105 1,150 488 324 0 38 184 107 39 24 12 0 2
Sept. 13 3,477 2,291 221 547 401 7 9 150 91 12 25 21 0 1
Sept. 20* 5,861 4,490 572 145 640 0 13 257 182 36 7 31 0 0
Daily
Sept. 13 1,533 259 100 940 234 0 0 93 21 2 54 16 0 0
Sept. 16 10,247 9,713 246 72 165 0 52 383 349 12 5 15 0 2
Sept. 17 8,433 5,716 1,679 284 754 0 0 470 298 116 13 43 0 0
Sept. 18 3,267 2,336 238 0 693 0 0 109 74 14 0 21 0 0
Sept. 19 1,495 197 125 226 948 0 0 66 7 4 10 45 0 0
* Data through September 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
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* 9,611 6,095 1,217 877 1,059 232 131 882 526 114 87 114 27 14
Monthly average
2019-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 8,353 4,825 1,332 747 1,110 231 108 810 456 131 78 115 24 6
Aug. 9,002 5,528 1,322 758 1,029 277 88 853 497 135 79 99 32 12
Sept.* 9,542 6,306 1,221 928 766 184 136 875 560 128 83 71 17 16
Weekly (Friday) average
Aug. 23 8,132 4,964 1,105 552 1,183 266 62 807 459 131 62 115 32 7
Aug. 30 9,218 6,315 993 828 784 257 41 903 585 113 93 75 30 7
Sept. 6 9,228 5,759 1,329 1,078 803 97 162 846 502 133 104 76 11 21
Sept. 13 8,726 5,747 1,207 864 571 210 127 802 508 128 79 52 18 17
Sept. 20* 10,877 7,553 1,130 859 975 240 121 996 684 124 69 88 23 8
Daily
Sept. 13 9,661 6,075 1,445 1,080 733 251 77 861 545 132 95 62 18 9
Sept. 16 10,729 7,739 811 585 1,337 231 26 909 652 72 39 121 19 6
Sept. 17 10,401 7,437 1,291 823 800 50 0 1,030 720 167 81 56 6 0
Sept. 18 10,672 7,372 1,179 938 922 182 81 939 638 115 82 82 14 8
Sept. 19 11,708 7,665 1,239 1,090 840 496 378 1,106 726 140 75 95 52 18
* Data through September 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
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* 5,249 4,261 434 75 146 102 232 180 135 13 3 6 5 19
Monthly average
2019-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 6,047 4,919 539 94 218 109 167 203 156 16 5 10 5 12
Aug. 5,349 4,299 546 85 154 135 130 179 130 16 2 8 7 15
Sept.* 6,129 5,407 326 71 43 54 229 217 177 10 3 2 5 19
Weekly (Friday) average
Aug. 23 5,028 3,887 681 71 97 136 155 183 126 22 2 5 7 21
Aug. 30 5,503 4,679 395 20 8 172 229 188 138 12 1 1 8 28
Sept. 6 7,123 6,171 375 174 53 21 329 248 200 10 8 2 2 26
Sept. 13 5,958 5,452 371 17 38 31 49 206 177 12 1 2 4 10
Sept. 20* 5,349 4,585 220 36 39 115 354 199 155 8 2 2 11 23
Daily
Sept. 13 6,531 5,415 1,002 5 0 0 110 220 176 27 1 0 0 16
Sept. 16 5,843 4,938 8 0 2 459 436 234 160 2 0 1 43 28
Sept. 17 4,790 4,000 472 50 0 3 266 187 153 13 1 0 1 19
Sept. 18 6,285 5,821 65 63 40 0 296 223 197 5 3 1 0 17
Sept. 19 4,480 3,583 334 29 113 0 420 153 110 10 2 4 0 27
* Data through September 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
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* 13,541 9,207 1,633 228 705 584 1,184 535 362 63 10 30 20 49
Monthly average
2019-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 14,737 10,232 1,851 244 730 487 1,193 617 435 77 14 30 16 45
Aug. 14,410 10,299 1,534 225 850 574 927 574 400 61 10 39 24 40
Sept.* 16,544 11,959 1,838 257 803 635 1,053 636 451 72 13 29 23 49
Weekly (Friday) average
Aug. 23 13,930 10,003 1,523 222 815 333 1,034 558 394 60 13 35 14 42
Aug. 30 13,634 10,137 1,381 217 508 405 986 540 392 55 9 19 21 44
Sept. 6 16,336 10,949 2,082 295 1,034 740 1,235 653 428 82 14 36 32 63
Sept. 13 16,651 12,057 2,029 252 616 663 1,033 637 454 79 14 23 23 44
Sept. 20* 16,620 12,845 1,355 225 804 495 896 618 471 53 10 30 14 41
Daily
Sept. 13 16,398 11,033 3,121 259 309 300 1,376 610 405 124 10 8 15 48
Sept. 16 13,256 9,698 810 130 1,294 503 820 530 398 32 5 49 13 33
Sept. 17 15,699 12,452 847 234 457 715 994 585 471 45 7 16 18 28
Sept. 18 17,265 15,114 743 173 658 270 306 634 523 38 5 27 10 31
Sept. 19 20,260 14,118 3,018 364 807 491 1,463 721 492 96 21 28 13 71
* Data through September 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
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* 80,646 47,149 12,886 3,728 6,109 3,184 7,590 4,042 2,232 541 263 424 189 393
Monthly average
2019-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 83,352 48,483 14,461 4,018 6,022 2,869 7,498 4,085 2,278 610 283 408 166 339
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.* 85,577 51,817 12,683 3,832 6,017 2,564 8,664 4,196 2,432 583 266 345 148 421
Weekly (Friday) average
Aug. 23 79,711 48,325 13,818 3,200 5,952 2,704 5,712 3,932 2,251 577 227 380 180 316
Aug. 30 75,779 49,123 9,670 4,419 5,084 2,063 5,419 3,903 2,355 465 289 358 146 289
Sept. 6 88,916 51,652 14,490 4,116 7,178 2,300 9,182 4,314 2,387 631 292 407 136 460
Sept. 13 83,216 50,115 12,673 3,694 5,017 2,892 8,824 4,070 2,335 583 265 282 159 447
Sept. 20* 85,189 54,110 10,889 3,722 6,105 2,418 7,945 4,236 2,600 534 240 364 148 350
Daily
Sept. 13 78,320 48,442 9,631 4,850 3,056 3,237 9,103 3,869 2,275 507 330 186 170 401
Sept. 16 83,103 58,035 7,763 2,388 4,686 2,894 7,337 4,050 2,706 356 187 319 177 305
Sept. 17 85,632 55,689 10,466 3,446 6,597 1,900 7,534 4,413 2,828 631 210 362 104 278
Sept. 18 80,727 55,093 7,524 3,583 5,644 1,877 7,006 3,938 2,516 447 220 296 110 349
Sept. 19 91,295 47,624 17,804 5,472 7,492 2,999 9,903 4,541 2,348 704 344 478 199 468
* Data through September 19.

Footnotes

1. Millions of dollars.

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Last Update: September 20, 2019