Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of February 2, 2023Posted February 3, 2023

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
2021 3,556 2,429 252 214 172 272 218 127 81 10 9 8 11 9
2022 4,359 3,230 319 237 297 195 80 157 109 13 10 13 8 3
2023* 3,746 2,650 332 556 93 13 102 141 96 14 22 3 1 5
Monthly average
2022-Sept. 5,548 4,220 350 445 438 73 22 197 143 12 18 20 4 1
Oct. 5,888 4,482 456 416 229 101 203 204 142 17 19 12 4 10
Nov. 5,069 3,826 362 225 396 139 121 187 133 12 12 18 7 5
Dec. 2,067 1,565 178 140 79 83 21 79 55 8 6 5 4 1
2023-Jan. 3,823 2,859 261 485 97 12 108 143 103 11 19 3 1 5
Feb.* 2,979 556 1,038 1,264 50 24 47 124 26 41 50 2 2 3
Weekly (Friday) average
Jan. 6 4,069 3,236 521 91 132 18 71 149 115 18 4 5 1 6
Jan. 13 3,654 3,055 182 121 202 18 75 133 107 9 6 6 1 3
Jan. 20 5,135 3,301 245 1,376 93 0 120 196 117 13 55 3 0 8
Jan. 27 4,030 2,934 236 645 4 13 198 149 107 11 24 0 1 6
Feb. 3* 1,796 550 538 632 29 18 30 79 28 21 25 2 1 2
Daily
Jan. 27 496 485 0 12 0 0 0 49 46 0 3 0 0 0
Jan. 30 977 928 0 0 14 25 9 62 56 0 0 2 2 2
Jan. 31 250 159 75 0 0 0 16 8 5 2 0 0 0 1
Feb. 1 2,835 789 1,752 160 40 0 94 111 27 67 9 2 0 6
Feb. 2 3,122 322 325 2,368 60 47 0 136 25 15 90 3 3 0
* Data through February 2.
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
2021 5,442 3,473 576 423 570 209 190 436 251 53 43 56 19 14
2022 10,100 6,494 1,125 958 1,006 317 200 775 452 94 91 97 30 11
2023* 11,919 7,384 1,412 1,251 1,461 323 87 974 530 116 112 169 38 9
Monthly average
2022-Sept. 11,959 7,928 1,555 1,157 967 271 81 897 541 114 110 100 25 7
Oct. 11,581 7,622 1,378 1,110 1,098 285 87 881 520 107 106 110 29 10
Nov. 10,806 6,461 1,402 999 1,146 419 379 827 424 111 101 115 64 13
Dec. 10,327 6,607 1,193 859 1,007 610 52 756 430 89 79 106 48 5
2023-Jan. 11,627 7,255 1,346 1,178 1,428 329 92 960 523 115 104 171 37 9
Feb.* 14,844 8,684 2,073 1,983 1,788 271 46 1,114 596 130 193 150 42 4
Weekly (Friday) average
Jan. 6 10,310 5,971 983 1,268 1,776 219 92 811 416 88 105 173 19 10
Jan. 13 9,702 5,625 1,025 1,156 1,616 225 55 843 395 97 100 213 31 6
Jan. 20 12,941 7,985 1,783 1,213 1,453 446 62 1,046 570 145 101 162 58 9
Jan. 27 13,126 8,702 1,467 1,351 1,219 226 161 1,084 638 120 122 172 18 13
Feb. 3* 13,769 8,750 1,886 1,266 1,261 550 57 1,089 637 134 130 116 68 5
Daily
Jan. 27 11,460 8,189 868 1,196 1,016 0 191 978 603 59 110 196 0 10
Jan. 30 12,411 9,181 1,154 304 927 747 96 1,008 707 101 44 103 50 3
Jan. 31 12,978 8,451 2,243 793 541 910 40 1,120 648 175 92 61 135 9
Feb. 1 13,148 9,113 1,649 539 1,601 246 0 988 628 101 74 122 63 0
Feb. 2 16,540 8,254 2,497 3,427 1,976 295 91 1,240 564 158 312 177 22 7
* Data through February 2.
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
2021 7,199 6,789 123 35 33 40 178 178 161 6 1 1 1 8
2022 9,562 8,408 596 118 224 88 128 246 206 18 4 7 3 9
2023* 7,420 6,154 753 122 204 54 134 200 155 20 4 6 2 14
Monthly average
2022-Sept. 8,476 7,019 891 107 228 122 109 229 180 25 3 8 3 9
Oct. 7,739 6,401 820 75 289 11 143 212 164 26 2 9 0 11
Nov. 8,238 6,810 761 168 352 14 134 223 174 21 5 13 1 8
Dec. 8,685 7,634 619 33 214 17 167 244 210 16 2 5 1 11
2023-Jan. 7,456 6,195 721 130 203 59 147 202 156 19 5 6 2 15
Feb.* 7,064 5,735 1,074 42 212 0 0 181 146 28 2 5 0 0
Weekly (Friday) average
Jan. 6 8,680 6,800 852 220 533 47 228 250 186 26 6 14 2 16
Jan. 13 7,505 6,304 687 151 278 0 84 206 164 19 6 9 0 8
Jan. 20 7,100 6,040 740 179 0 0 142 200 146 18 6 0 0 28
Jan. 27 7,000 6,051 567 46 48 100 187 180 144 14 2 1 3 15
Feb. 3* 6,901 5,560 980 28 181 125 27 170 136 24 1 4 4 1
Daily
Jan. 27 7,167 6,365 0 0 48 500 254 191 147 0 0 1 16 27
Jan. 30 6,875 6,199 676 0 0 0 0 164 148 16 0 0 0 0
Jan. 31 6,599 4,572 1,095 25 300 500 108 153 102 24 1 6 15 5
Feb. 1 7,228 5,791 1,003 10 425 0 0 182 139 32 1 10 0 0
Feb. 2 6,900 5,680 1,145 75 0 0 0 180 153 25 2 0 0 0
* Data through February 2.
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
2021 15,774 11,043 1,871 297 659 418 1,487 529 358 61 10 24 15 61
2022 16,982 11,030 2,697 541 918 483 1,314 535 336 77 16 31 16 58
2023* 18,205 12,001 2,513 480 919 426 1,866 553 350 71 14 29 15 75
Monthly average
2022-Sept. 18,835 12,664 3,211 434 957 448 1,121 586 377 91 15 34 16 53
Oct. 19,599 13,413 2,709 531 891 307 1,748 589 383 78 15 28 14 72
Nov. 16,567 10,081 3,164 617 853 419 1,432 514 302 89 18 27 14 64
Dec. 17,184 11,225 2,537 610 929 466 1,416 518 331 69 17 29 16 56
2023-Jan. 17,853 12,040 2,358 465 949 330 1,712 542 351 66 13 30 12 69
Feb.* 21,721 11,613 4,068 633 621 1,380 3,407 668 338 119 20 18 44 129
Weekly (Friday) average
Jan. 6 19,485 12,320 2,735 692 1,724 241 1,772 595 362 78 21 51 8 76
Jan. 13 18,374 12,547 2,263 490 917 426 1,731 576 368 66 13 31 16 83
Jan. 20 19,358 13,002 2,833 591 1,048 322 1,564 576 369 76 16 36 11 68
Jan. 27 15,937 11,009 2,117 305 438 253 1,814 475 322 60 8 15 9 61
Feb. 3* 18,394 11,238 2,780 365 587 931 2,493 558 330 80 12 18 30 88
Daily
Jan. 27 14,002 10,575 394 387 539 307 1,799 444 331 25 11 18 7 52
Jan. 30 15,043 10,819 748 189 658 542 2,087 453 333 22 6 19 16 57
Jan. 31 15,090 10,907 2,237 4 448 422 1,071 443 311 61 2 17 16 36
Feb. 1 20,593 11,428 3,922 742 200 840 3,462 633 335 112 22 6 22 136
Feb. 2 22,850 11,798 4,214 524 1,042 1,920 3,353 702 341 126 19 29 65 122
* Data through February 2.
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
2021 98,211 67,992 11,502 3,043 4,514 2,787 8,373 3,671 2,262 413 176 263 146 411
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* 116,999 78,087 13,530 5,331 7,918 2,757 9,377 4,741 2,725 525 309 520 178 484
Monthly average
2022-Sept. 124,333 85,776 14,464 5,592 7,641 3,535 7,326 4,812 2,936 546 321 433 176 399
Oct. 124,744 85,854 14,043 6,017 7,035 2,624 9,170 4,806 2,910 534 356 400 154 451
Nov. 125,264 80,843 15,798 5,826 7,689 4,582 10,525 4,911 2,742 593 341 454 254 528
Dec. 113,453 79,123 12,957 4,521 6,311 3,558 6,983 4,418 2,716 469 262 385 203 382
2023-Jan. 115,535 77,854 13,126 5,137 7,843 2,438 9,137 4,693 2,716 513 299 521 168 478
Feb.* 131,642 80,417 17,570 7,271 8,661 5,950 11,773 5,216 2,817 646 416 511 283 544
Weekly (Friday) average
Jan. 6 125,677 78,288 15,135 5,471 12,648 2,560 11,576 4,886 2,620 573 292 665 166 569
Jan. 13 115,971 77,977 11,487 5,159 8,685 2,617 10,046 4,771 2,649 453 336 613 187 532
Jan. 20 119,214 80,683 13,782 7,159 6,550 2,536 8,505 4,939 2,852 546 359 492 191 498
Jan. 27 111,064 78,681 12,911 4,443 5,178 2,048 7,804 4,488 2,794 507 268 395 117 406
Feb. 3* 114,810 74,686 15,000 4,686 7,021 4,237 9,181 4,677 2,710 568 295 442 241 422
Daily
Jan. 27 102,014 75,996 6,532 3,812 5,446 1,295 8,933 4,303 2,754 274 247 509 66 453
Jan. 30 101,060 76,674 7,730 1,992 5,065 2,205 7,395 4,217 2,867 318 167 412 136 317
Jan. 31 94,896 61,237 17,129 2,210 5,695 2,842 5,783 4,058 2,338 661 181 334 262 282
Feb. 1 124,610 80,591 18,545 4,163 6,034 4,795 10,482 4,777 2,842 636 222 335 212 530
Feb. 2 138,674 80,244 16,595 10,380 11,288 7,105 13,063 5,655 2,792 655 610 687 354 557
* Data through February 2.

Footnotes

1. Millions of dollars.

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Last Update: February 3, 2023