Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of May 23, 2019Posted May 24, 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* 3,210 1,672 344 309 396 284 204 151 73 16 17 21 13 11
Monthly average
2018-Dec. 4,152 2,642 333 277 522 263 115 173 100 11 15 29 12 6
2019-Jan. 3,283 1,429 215 404 441 485 309 161 61 10 24 24 21 20
Feb. 3,625 1,862 406 350 487 311 209 176 87 20 19 23 15 12
Mar. 2,545 1,242 238 241 404 229 191 127 60 13 13 21 10 9
Apr. 2,301 1,056 282 213 371 211 167 112 47 16 11 19 11 7
May* 4,652 3,089 648 355 262 169 129 192 119 25 18 15 7 7
Weekly (Friday) average
Apr. 26 2,285 1,468 258 199 103 150 107 104 59 16 11 8 8 3
May 3 3,258 1,319 973 200 308 347 111 145 65 36 10 13 16 6
May 10 5,446 4,439 379 90 314 44 180 220 165 19 4 21 2 9
May 17 3,800 1,911 770 697 228 72 122 170 81 26 36 15 3 9
May 24* 4,434 3,670 130 277 111 149 97 164 126 5 16 5 6 7
Daily
May 17 4,223 1,079 2,414 400 98 170 63 146 55 64 16 4 4 3
May 20 7,500 7,052 65 200 53 120 10 277 258 2 9 2 5 1
May 21 6,138 4,450 164 598 265 299 362 230 141 6 41 11 11 20
May 22 3,370 3,015 50 200 40 65 0 103 90 1 6 3 3 0
May 23 728 163 240 111 87 110 17 47 13 12 8 5 3 6
* Data through May 23.
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* 9,942 6,294 1,205 954 1,106 236 146 904 536 107 94 124 28 16
Monthly average
2018-Dec. 7,723 4,697 1,199 665 900 140 122 656 387 96 64 81 15 13
2019-Jan. 9,025 5,134 1,060 1,020 1,232 386 194 834 425 97 101 141 46 24
Feb. 10,361 6,770 1,251 777 1,253 192 119 936 573 110 81 136 22 14
Mar. 10,742 7,119 1,356 1,038 888 185 155 929 590 113 93 94 23 16
Apr. 9,782 6,184 1,147 947 1,083 254 166 912 549 109 89 122 29 14
May* 9,823 6,319 1,220 973 1,086 142 83 916 545 106 107 131 17 10
Weekly (Friday) average
Apr. 26 9,331 5,960 904 909 1,216 210 131 921 539 99 96 149 26 14
May 3 9,223 5,948 1,140 840 917 236 142 840 499 94 93 110 24 20
May 10 9,534 6,260 1,043 1,082 995 98 57 899 554 84 119 120 14 9
May 17 10,351 6,634 1,470 978 974 190 105 939 561 118 105 121 23 10
May 24* 9,803 6,278 1,152 818 1,390 106 59 947 548 128 102 151 12 6
Daily
May 17 9,132 6,571 1,229 626 327 237 143 874 602 107 60 77 18 10
May 20 11,066 6,757 1,345 927 1,904 30 103 1,070 590 110 114 238 5 13
May 21 9,419 6,013 805 1,074 1,334 122 71 938 558 90 149 124 14 3
May 22 9,781 6,272 1,195 751 1,391 112 61 887 490 156 78 147 7 9
May 23 8,944 6,071 1,262 521 932 158 0 892 554 154 65 96 23 0
* Data through May 23.
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* 4,764 3,840 367 61 101 118 277 169 124 11 2 4 5 23
Monthly average
2018-Dec. 3,799 3,083 276 31 19 56 335 149 102 9 1 2 2 33
2019-Jan. 4,193 3,345 259 53 52 138 346 154 113 9 2 3 6 23
Feb. 4,655 3,579 544 44 43 104 341 163 120 15 2 3 4 20
Mar. 4,367 3,417 396 81 136 107 229 148 105 11 3 4 4 21
Apr. 5,111 4,469 145 83 129 89 196 181 143 4 2 5 3 23
May* 5,630 4,449 557 34 148 159 284 202 143 18 2 5 7 28
Weekly (Friday) average
Apr. 26 6,662 5,980 185 25 143 93 235 210 175 5 1 3 4 23
May 3 5,732 5,288 78 19 79 67 202 201 165 4 1 2 2 28
May 10 5,990 4,854 422 35 337 54 288 197 141 15 1 9 6 26
May 17 5,964 4,607 781 52 29 177 318 216 148 23 3 3 6 33
May 24* 5,433 3,936 792 16 102 302 286 207 141 25 1 4 15 21
Daily
May 17 5,716 4,455 944 68 35 0 214 219 152 30 3 4 0 30
May 20 7,467 5,236 1,152 50 70 0 959 242 148 31 1 5 0 57
May 21 3,933 2,581 911 7 324 10 100 162 107 25 1 10 2 17
May 22 5,076 3,532 338 0 14 1,187 5 219 145 16 0 2 55 1
May 23 5,255 4,394 765 7 0 10 79 204 165 27 1 0 2 9
* Data through May 23.
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* 12,580 8,221 1,630 211 667 570 1,282 485 315 62 9 28 19 53
Monthly average
2018-Dec. 12,291 7,338 1,775 235 596 666 1,680 464 280 64 8 24 20 67
2019-Jan. 12,223 7,711 1,773 239 686 432 1,383 495 308 69 10 31 16 62
Feb. 13,107 8,452 1,737 231 774 629 1,283 503 320 69 9 30 23 52
Mar. 12,972 8,315 1,778 244 634 564 1,437 478 305 62 9 25 18 59
Apr. 12,050 8,119 1,393 165 667 552 1,154 459 311 51 7 25 17 47
May* 12,633 8,609 1,458 169 564 704 1,128 498 337 59 8 27 20 45
Weekly (Friday) average
Apr. 26 11,830 7,798 1,620 93 602 909 807 434 296 52 3 22 28 33
May 3 12,045 8,341 1,081 166 460 781 1,217 451 314 38 7 18 24 50
May 10 13,275 9,136 1,573 120 606 576 1,265 533 350 64 7 35 19 58
May 17 12,271 8,539 1,474 147 541 622 949 484 337 65 6 24 17 36
May 24* 12,187 8,047 1,497 233 629 837 944 482 328 58 11 28 22 35
Daily
May 17 11,662 8,409 1,195 128 499 798 634 472 343 62 5 18 20 24
May 20 12,864 8,569 818 221 613 1,268 1,375 478 325 33 17 24 29 50
May 21 11,781 8,070 1,478 266 435 266 1,267 486 338 68 8 25 11 36
May 22 10,810 7,688 1,247 356 674 441 406 458 329 46 11 38 15 19
May 23 13,292 7,862 2,446 87 795 1,376 727 508 322 86 8 25 32 35
* Data through May 23.
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* 78,246 44,788 12,522 3,567 6,052 3,390 7,928 3,996 2,157 517 256 440 199 426
Monthly average
2018-Dec. 67,794 38,519 11,105 3,429 5,419 3,084 6,238 3,361 1,808 466 227 348 160 352
2019-Jan. 77,409 42,702 11,762 3,826 6,466 3,992 8,660 3,951 1,994 496 273 471 234 482
Feb. 80,696 47,680 12,483 3,212 6,578 3,246 7,497 4,105 2,298 520 238 453 196 400
Mar. 80,786 47,210 13,379 3,944 5,456 2,954 7,842 4,056 2,276 538 267 390 175 411
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* 78,420 44,111 13,204 3,532 5,542 3,515 8,516 4,053 2,153 535 270 447 198 448
Weekly (Friday) average
Apr. 26 78,559 46,990 13,006 2,821 5,457 3,800 6,485 3,914 2,197 516 224 415 202 360
May 3 75,911 42,778 12,350 3,257 5,242 3,550 8,734 3,868 2,068 497 244 408 198 453
May 10 78,710 44,468 11,976 2,976 5,820 3,457 10,012 4,105 2,158 483 250 478 211 527
May 17 76,846 43,379 14,220 3,763 5,286 3,051 7,148 4,044 2,169 569 288 425 188 405
May 24* 80,648 46,460 14,178 3,844 5,711 3,933 6,521 4,060 2,198 590 280 453 198 342
Daily
May 17 71,839 43,233 12,574 3,018 5,362 2,926 4,727 3,858 2,178 560 234 385 164 337
May 20 89,191 54,107 13,710 3,603 5,923 2,881 8,968 4,301 2,459 524 284 495 131 408
May 21 77,947 43,636 15,024 3,750 5,345 3,657 6,536 4,059 2,127 597 323 448 193 371
May 22 79,860 46,896 13,707 3,410 5,649 3,793 6,406 4,031 2,164 570 246 512 188 351
May 23 75,593 41,202 14,271 4,615 5,929 5,402 4,173 3,851 2,044 667 266 356 281 237
* Data through May 23.

Footnotes

1. Millions of dollars.

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Last Update: May 24, 2019