Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of November 19, 2019Posted November 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* 4,140 2,600 473 351 359 219 139 173 99 20 18 18 10 8
Monthly average
2019-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. 4,812 3,326 599 388 384 76 39 196 126 26 19 19 4 2
Oct. 4,717 3,227 452 344 458 169 67 191 116 18 19 25 9 5
Nov.* 6,116 4,265 666 300 475 346 64 216 133 25 16 22 17 3
Weekly (Friday) average
Oct. 25 5,309 4,350 306 366 106 150 31 218 161 19 16 10 9 3
Nov. 1 4,635 3,062 719 328 331 115 80 161 92 25 15 17 6 6
Nov. 8 6,287 4,552 751 215 376 302 92 214 142 23 11 20 14 4
Nov. 15 3,267 1,923 193 254 583 315 0 125 63 12 15 22 13 0
Nov. 22* 10,223 8,641 320 260 254 650 98 362 266 21 14 16 36 8
Daily
Nov. 13 1,350 285 203 35 110 717 0 76 15 14 5 8 34 0
Nov. 14 1,928 157 209 493 1,045 24 0 101 13 17 30 37 4 0
Nov. 15 2,074 266 209 260 985 355 0 78 17 9 12 30 10 0
Nov. 18 10,520 9,500 150 100 377 371 22 334 277 5 2 22 23 5
Nov. 19 9,925 7,782 490 420 130 930 174 389 254 37 27 11 50 10
* Data through November 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* 9,456 6,062 1,153 842 1,019 246 132 873 528 110 85 109 27 14
Monthly average
2019-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. 9,342 6,298 1,122 811 724 277 112 882 582 116 76 72 24 12
Oct. 8,361 5,586 846 724 818 216 171 816 519 95 79 82 21 21
Nov.* 9,392 6,308 880 669 1,012 399 124 836 516 90 79 98 38 15
Weekly (Friday) average
Oct. 25 7,970 5,293 774 689 812 226 176 810 506 96 75 88 23 23
Nov. 1 8,949 6,163 797 594 1,133 123 139 829 538 88 85 90 11 17
Nov. 8 9,298 6,238 871 855 893 335 107 824 512 88 100 79 30 15
Nov. 15 9,205 6,299 1,075 472 801 458 101 850 522 111 54 101 50 11
Nov. 22* 8,849 6,344 749 344 694 454 263 770 526 63 36 78 38 28
Daily
Nov. 13 8,626 5,662 748 509 942 695 72 801 427 91 78 132 66 7
Nov. 14 7,833 5,790 599 242 770 333 100 748 489 79 27 98 40 15
Nov. 15 11,293 7,458 1,972 771 663 383 45 937 573 164 74 81 40 5
Nov. 18 9,547 6,509 885 293 995 517 348 838 534 75 36 112 44 37
Nov. 19 8,151 6,179 613 396 393 392 178 701 518 51 36 44 33 19
* Data through November 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* 5,356 4,346 462 74 133 93 248 183 137 14 3 5 4 20
Monthly average
2019-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. 6,013 5,069 394 50 66 105 328 211 161 12 2 3 7 26
Oct. 5,623 4,717 438 71 78 9 310 189 148 13 3 3 0 22
Nov.* 6,225 4,887 901 108 55 45 228 208 157 25 4 2 1 19
Weekly (Friday) average
Oct. 25 5,447 4,685 423 82 0 0 257 171 141 13 2 0 0 14
Nov. 1 7,607 6,900 397 23 40 44 204 238 206 11 2 1 1 17
Nov. 8 7,243 5,832 944 113 19 93 242 227 172 27 3 2 3 20
Nov. 15 6,018 4,597 1,054 110 129 0 128 205 155 30 5 4 0 11
Nov. 22* 4,643 4,169 75 100 2 12 285 176 138 4 3 0 0 29
Daily
Nov. 13 7,028 4,781 1,834 127 134 0 153 219 153 47 6 4 0 9
Nov. 14 5,091 4,563 167 131 101 0 128 177 150 8 8 4 0 7
Nov. 15 7,022 5,467 1,055 182 260 0 57 225 184 25 5 6 0 5
Nov. 18 4,866 4,344 0 165 0 25 331 181 142 0 4 0 1 34
Nov. 19 4,420 3,994 150 35 3 0 239 170 134 9 2 1 0 24
* Data through November 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* 13,840 9,350 1,729 256 685 603 1,216 542 364 66 11 29 21 51
Monthly average
2019-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. 17,048 12,008 1,919 315 716 809 1,281 640 444 73 14 27 29 54
Oct. 14,708 9,582 2,225 372 595 630 1,302 565 362 83 14 27 22 56
Nov.* 14,360 9,496 2,074 372 618 535 1,264 549 350 78 13 27 25 58
Weekly (Friday) average
Oct. 25 13,342 8,923 1,847 467 450 459 1,196 507 339 73 19 19 12 45
Nov. 1 13,215 9,137 2,140 283 339 513 804 489 332 83 9 15 17 34
Nov. 8 14,175 8,974 2,164 427 716 628 1,266 540 329 79 13 33 28 58
Nov. 15 15,730 10,681 2,419 333 571 392 1,334 616 400 89 14 25 22 66
Nov. 22* 12,422 8,945 1,090 290 371 507 1,219 457 320 38 12 16 24 48
Daily
Nov. 13 15,223 10,257 2,945 294 420 355 952 585 386 102 9 12 34 42
Nov. 14 16,363 11,948 2,182 521 63 162 1,487 588 428 79 13 6 7 55
Nov. 15 16,659 10,636 2,501 429 1,157 432 1,503 681 416 95 25 50 20 75
Nov. 18 11,934 9,135 594 340 442 645 777 457 341 23 10 19 29 35
Nov. 19 12,911 8,754 1,586 240 299 368 1,662 457 300 53 14 12 18 60
* Data through November 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* 80,507 46,847 12,880 3,709 6,005 3,214 7,853 4,029 2,212 539 264 415 191 408
Monthly average
2019-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. 84,280 50,635 12,808 3,760 5,818 2,966 8,292 4,168 2,408 566 264 355 169 406
Oct. 78,040 44,668 11,982 3,661 5,389 2,912 9,427 3,928 2,093 515 276 375 175 494
Nov.* 82,130 45,339 14,331 3,548 5,888 3,927 9,097 3,971 2,037 567 259 379 238 490
Weekly (Friday) average
Oct. 25 76,381 42,971 12,570 3,863 4,380 2,736 9,861 3,834 2,037 530 259 326 156 525
Nov. 1 77,829 48,934 11,162 2,745 4,453 2,202 8,334 3,737 2,150 492 239 298 123 435
Nov. 8 86,205 46,156 15,688 3,974 6,268 3,862 10,257 4,078 2,048 591 297 383 230 529
Nov. 15 79,481 42,840 15,377 3,183 5,698 4,107 8,276 3,951 1,994 634 220 384 261 459
Nov. 22* 76,568 48,845 8,601 2,764 3,954 4,236 8,168 3,700 2,133 386 187 281 242 471
Daily
Nov. 13 80,042 42,262 17,407 3,138 4,861 4,383 7,991 3,944 1,886 614 230 400 339 475
Nov. 14 72,458 39,235 12,901 2,542 6,494 3,434 7,851 3,642 1,833 605 173 385 217 429
Nov. 15 81,873 44,254 14,728 4,451 5,929 4,117 8,395 4,012 2,066 664 268 357 229 428
Nov. 18 73,558 49,617 6,695 2,849 3,810 3,819 6,768 3,624 2,202 326 155 291 235 415
Nov. 19 79,578 48,073 10,506 2,680 4,098 4,654 9,567 3,776 2,064 446 219 271 249 527
* Data through November 19.

Footnotes

1. Millions of dollars.

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Last Update: November 20, 2019