Commercial Paper Rates and Outstanding Summary

Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of September 5, 2024Posted September 6, 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* 3,371 2,002 687 249 231 150 51 120 71 21 10 9 7 3
Monthly average
2024-Apr. 2,679 1,543 403 175 333 179 46 101 58 13 7 12 9 2
May 3,374 1,842 1,036 139 267 83 7 113 62 33 5 9 4 0
June 4,190 2,693 594 659 103 92 49 149 99 18 24 3 3 1
July 4,349 2,562 912 375 201 197 102 153 89 26 15 8 8 8
Aug. 4,139 2,414 983 274 309 56 103 144 84 27 12 12 3 6
Sept.* 3,885 3,068 358 23 52 262 122 132 90 16 1 3 18 4
Weekly (Friday) average
Aug. 9 4,496 2,704 1,189 215 124 72 192 151 88 36 10 4 5 8
Aug. 16 3,638 1,685 1,009 480 219 118 126 149 75 24 23 9 5 12
Aug. 23 4,102 3,416 10 169 372 54 80 147 118 1 5 17 3 4
Aug. 30 4,155 2,776 1,049 45 284 2 0 129 86 27 2 13 0 0
Sept. 6* 3,885 3,068 358 23 52 262 122 132 90 16 1 3 18 4
Daily
Aug. 30 6,077 311 5,243 163 360 0 0 171 9 137 10 15 0 0
Sept. 2 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.
Sept. 3 6,530 6,288 0 0 157 86 0 181 164 0 0 9 8 0
Sept. 4 4,161 2,906 1,072 70 0 112 0 167 106 45 2 0 14 0
Sept. 5 965 10 2 0 0 587 365 48 1 2 0 0 32 13
* Data through September 5.
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* 10,419 6,808 1,312 834 852 443 170 706 420 85 69 84 38 9
Monthly average
2024-Apr. 10,559 6,955 1,137 729 1,010 684 45 697 404 65 56 116 51 6
May 11,109 7,218 1,384 823 765 848 72 708 423 82 62 72 63 6
June 10,998 7,560 1,069 1,143 853 202 171 707 450 67 84 74 23 9
July 10,091 6,512 1,269 710 915 556 129 671 407 85 61 71 39 8
Aug. 8,858 6,069 1,159 512 632 301 185 603 395 80 40 55 28 6
Sept.* 10,919 6,999 1,719 803 660 648 90 701 432 122 70 46 24 7
Weekly (Friday) average
Aug. 9 9,364 6,636 1,165 554 570 432 7 603 411 68 37 48 37 1
Aug. 16 8,447 5,036 1,373 333 532 502 671 557 346 84 28 40 40 18
Aug. 23 8,556 6,234 979 523 572 159 89 618 423 74 43 55 18 4
Aug. 30 8,348 5,695 1,126 652 716 116 42 591 369 95 53 54 18 1
Sept. 6* 10,919 6,999 1,719 803 660 648 90 701 432 122 70 46 24 7
Daily
Aug. 30 8,891 5,797 1,321 980 757 35 0 623 348 112 80 81 2 0
Sept. 2 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.
Sept. 3 12,071 7,474 2,628 741 663 322 242 764 452 157 62 51 25 17
Sept. 4 10,562 7,036 1,811 941 724 47 2 699 429 134 81 47 7 1
Sept. 5 10,123 6,487 719 726 591 1,574 25 639 414 75 68 40 39 3
* Data through September 5.
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* 4,532 4,207 201 21 56 9 38 122 111 6 1 2 0 2
Monthly average
2024-Apr. 6,449 5,921 408 12 75 7 26 169 153 12 0 2 0 1
May 6,095 5,545 334 20 112 13 71 166 148 10 1 4 0 3
June 3,497 3,351 48 14 14 0 69 96 91 2 0 0 0 3
July 3,528 3,137 167 48 112 12 52 91 78 5 2 3 0 3
Aug. 3,781 3,536 179 15 24 2 26 95 87 5 0 1 0 1
Sept.* 4,715 4,508 75 67 15 17 33 106 101 3 1 0 0 1
Weekly (Friday) average
Aug. 9 4,149 3,515 575 0 15 3 41 109 90 18 0 0 0 1
Aug. 16 3,650 3,555 45 16 10 4 20 93 89 1 0 0 0 1
Aug. 23 3,776 3,656 105 0 0 0 15 92 89 3 0 0 0 1
Aug. 30 3,903 3,725 61 51 60 0 6 90 85 2 1 2 0 0
Sept. 6* 4,715 4,508 75 67 15 17 33 106 101 3 1 0 0 1
Daily
Aug. 30 4,175 4,025 0 50 100 0 0 88 85 0 1 2 0 0
Sept. 2 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.
Sept. 3 4,595 4,175 75 200 45 0 100 101 92 2 4 1 0 2
Sept. 4 5,625 5,425 150 0 0 50 0 129 122 6 0 0 1 0
Sept. 5 3,925 3,925 0 0 0 0 0 88 88 0 0 0 0 0
* Data through September 5.
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* 22,480 15,816 3,506 477 710 458 1,513 658 451 96 14 24 15 58
Monthly average
2024-Apr. 21,417 15,203 3,269 494 582 396 1,473 618 429 91 13 18 12 53
May 23,525 17,023 3,454 396 618 324 1,710 673 469 94 12 20 11 67
June 24,431 17,227 3,643 505 834 485 1,738 716 492 96 16 29 16 66
July 24,057 17,296 4,069 311 733 438 1,209 689 490 106 9 23 15 45
Aug. 24,280 17,642 3,584 523 847 559 1,125 707 504 98 15 32 18 41
Sept.* 25,452 17,194 5,217 559 480 291 1,710 779 517 145 14 25 8 70
Weekly (Friday) average
Aug. 9 24,592 17,508 3,700 425 741 852 1,365 707 488 99 12 25 29 54
Aug. 16 25,887 18,558 3,704 649 1,215 487 1,275 740 518 101 19 42 14 46
Aug. 23 24,674 18,201 3,870 444 751 334 1,074 721 526 104 13 33 11 34
Aug. 30 22,648 16,778 3,595 551 660 336 727 674 498 99 17 24 11 24
Sept. 6* 25,452 17,194 5,217 559 480 291 1,710 779 517 145 14 25 8 70
Daily
Aug. 30 23,001 16,386 3,091 1,362 692 686 785 700 486 95 44 19 26 30
Sept. 2 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.
Sept. 3 28,389 17,350 8,290 925 552 210 1,063 855 521 216 23 26 8 61
Sept. 4 25,605 17,010 4,838 390 458 305 2,605 777 502 136 10 32 8 89
Sept. 5 22,360 17,222 2,523 363 431 358 1,463 705 528 84 10 16 8 59
* Data through September 5.
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* 123,896 84,405 16,842 4,621 6,382 3,062 8,585 4,677 2,809 583 275 390 190 429
Monthly average
2024-Apr. 131,338 91,824 17,348 3,984 6,295 3,120 8,766 4,780 2,937 566 243 404 191 439
May 133,153 92,891 17,394 4,067 5,965 3,516 9,320 4,856 2,976 594 234 361 229 461
June 126,661 87,150 15,465 5,790 6,318 2,823 9,115 4,742 2,902 522 301 368 192 458
July 119,360 78,815 18,318 4,462 6,036 3,585 8,145 4,503 2,672 593 259 345 219 416
Aug. 116,939 80,070 15,839 3,998 6,497 3,093 7,442 4,358 2,706 548 220 374 163 347
Sept.* 130,605 81,961 23,935 6,117 5,651 3,157 9,784 4,856 2,742 810 335 359 176 436
Weekly (Friday) average
Aug. 9 115,279 77,878 16,238 3,978 6,925 4,552 5,706 4,260 2,636 537 207 394 211 274
Aug. 16 115,813 77,707 16,350 4,343 6,693 2,863 7,857 4,340 2,650 550 222 379 165 375
Aug. 23 121,229 85,928 15,827 3,352 5,631 2,895 7,596 4,478 2,900 530 211 338 154 345
Aug. 30 118,169 81,159 15,866 4,023 6,471 2,006 8,643 4,357 2,685 571 232 366 127 376
Sept. 6* 130,605 81,961 23,935 6,117 5,651 3,157 9,784 4,856 2,742 810 335 359 176 436
Daily
Aug. 30 114,570 72,535 20,665 4,929 7,337 2,780 6,324 4,237 2,403 767 249 361 160 297
Sept. 2 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.
Sept. 3 140,620 85,543 31,352 6,354 6,576 1,944 8,849 5,044 2,803 977 361 393 162 348
Sept. 4 131,353 82,270 24,688 7,148 4,528 2,755 9,964 4,953 2,794 897 372 280 153 457
Sept. 5 119,842 78,070 15,764 4,850 5,848 4,772 10,538 4,572 2,629 555 271 403 212 502
* Data through September 5.

Footnotes

1. Millions of dollars.

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Last Update: September 6, 2024