Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of January 12, 2018Posted January 16, 2018

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
2016 7,324 4,282 1,355 379 492 488 327 282 158 44 17 23 21 18
2017 7,722 4,501 1,391 530 680 318 302 296 163 48 24 31 14 17
2018* 3,980 1,900 502 461 501 420 196 160 63 17 21 26 20 13
Monthly average
2017-Aug. 8,938 5,493 1,596 455 875 268 252 351 201 56 21 41 14 19
Sept. 9,613 5,727 1,980 573 707 221 405 361 203 69 24 34 8 22
Oct. 7,960 4,957 901 512 771 545 275 307 182 34 26 30 21 15
Nov. 4,290 2,051 625 453 654 250 257 182 89 20 22 30 12 10
Dec. 4,082 2,537 498 296 314 187 249 158 95 17 14 14 6 12
2018-Jan.* 3,980 1,900 502 461 501 420 196 160 63 17 21 26 20 13
Weekly (Friday) average
Dec. 15 3,386 1,933 299 330 357 226 241 147 78 14 17 17 6 15
Dec. 22 4,123 2,661 450 168 242 315 287 165 98 19 10 12 11 13
Dec. 29 2,166 1,872 30 148 116 0 0 77 64 2 7 4 0 0
Jan. 5 4,506 1,820 944 607 633 404 98 166 53 29 24 37 16 6
Jan. 12* 3,560 1,965 149 345 395 432 274 156 70 8 19 18 22 19
Daily
Jan. 9 4,302 2,637 334 74 389 539 328 177 85 10 10 16 31 25
Jan. 10 2,079 226 85 354 533 401 478 91 6 5 23 18 17 22
Jan. 11 2,375 295 324 851 280 379 245 141 11 25 42 17 27 19
Jan. 12 1,857 354 0 412 502 512 78 91 12 0 19 29 21 10
Jan. 15 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.
* Data through January 12.
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
2016 5,545 3,263 718 638 732 159 35 500 278 64 65 74 16 2
2017 7,208 4,643 884 652 831 155 43 593 353 76 63 81 17 4
2018* 10,179 5,866 1,179 988 1,730 266 150 868 447 98 99 171 32 20
Monthly average
2017-Aug. 5,904 3,715 774 447 826 127 14 533 310 79 47 80 15 2
Sept. 7,259 4,895 803 611 771 140 38 587 361 68 59 82 14 2
Oct. 7,058 4,708 755 545 757 205 88 604 359 66 59 81 27 12
Nov. 7,261 4,546 1,023 582 768 302 39 606 345 88 59 73 36 4
Dec. 7,461 4,796 893 655 812 209 95 572 330 77 64 74 19 8
2018-Jan.* 10,179 5,866 1,179 988 1,730 266 150 868 447 98 99 171 32 20
Weekly (Friday) average
Dec. 15 7,692 4,947 797 556 849 334 210 567 325 68 50 82 27 15
Dec. 22 8,343 5,232 1,253 959 591 203 105 636 343 103 93 62 23 11
Dec. 29 6,165 3,990 905 619 619 12 20 509 317 76 60 52 2 2
Jan. 5 10,920 6,007 1,332 1,270 1,962 254 94 894 446 102 114 190 32 9
Jan. 12* 9,586 5,753 1,057 762 1,544 276 194 847 448 95 87 155 32 29
Daily
Jan. 9 10,096 5,755 1,342 664 1,752 388 195 913 466 126 75 190 39 17
Jan. 10 9,849 6,379 1,082 687 1,106 198 397 878 491 95 83 113 32 64
Jan. 11 9,909 5,320 1,321 1,077 1,725 338 128 866 435 117 107 149 41 17
Jan. 12 8,660 5,442 1,087 729 1,155 180 67 723 403 88 93 103 27 9
Jan. 15 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.
* Data through January 12.
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
2016 11,132 10,283 193 46 83 98 429 345 296 6 2 4 5 32
2017 9,992 9,207 380 62 96 102 146 363 324 12 3 5 5 14
2018* 686 92 70 31 71 195 227 51 17 2 1 5 8 17
Monthly average
2017-Aug. 9,136 8,217 532 81 116 84 107 360 320 15 3 6 5 9
Sept. 9,655 8,534 715 76 132 96 103 364 322 19 3 6 5 8
Oct. 8,991 7,906 561 94 130 148 152 356 303 17 4 7 7 17
Nov. 9,564 8,491 659 105 103 125 80 350 299 22 4 6 6 12
Dec. 10,306 9,150 552 87 122 210 184 351 303 17 3 6 9 13
2018-Jan.* 686 92 70 31 71 195 227 51 17 2 1 5 8 17
Weekly (Friday) average
Dec. 15 10,697 9,630 309 155 53 283 267 369 321 11 4 5 11 17
Dec. 22 10,400 8,998 782 99 66 272 182 357 299 22 5 3 13 15
Dec. 29 9,924 9,309 103 16 203 127 168 312 283 4 1 10 5 10
Jan. 5 829 79 88 48 70 305 237 53 15 3 2 6 12 15
Jan. 12* 571 102 56 18 71 106 218 49 18 2 1 5 6 18
Daily
Jan. 9 576 118 150 35 37 44 192 50 19 5 2 2 6 16
Jan. 10 695 109 0 55 258 175 99 53 18 0 2 16 5 12
Jan. 11 487 81 130 0 10 56 209 43 17 4 1 1 4 16
Jan. 12 496 81 0 0 50 57 308 50 17 0 0 3 5 25
Jan. 15 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.
* Data through January 12.
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
2016 12,316 7,583 1,105 374 1,155 601 1,498 443 271 42 13 43 20 54
2017 13,121 8,653 1,334 386 804 541 1,403 515 336 50 16 35 20 58
2018* 12,117 7,094 1,508 414 794 465 1,843 499 291 57 14 31 18 88
Monthly average
2017-Aug. 12,138 8,714 918 339 633 332 1,201 516 362 41 15 29 15 53
Sept. 13,273 8,654 1,288 435 826 549 1,521 540 352 50 17 38 22 61
Oct. 13,251 9,463 1,188 293 721 537 1,049 531 373 44 13 32 20 49
Nov. 12,973 8,801 1,323 377 608 633 1,232 529 351 50 17 27 26 57
Dec. 13,111 8,518 1,493 396 725 452 1,528 462 300 48 15 24 17 58
2018-Jan.* 12,117 7,094 1,508 414 794 465 1,843 499 291 57 14 31 18 88
Weekly (Friday) average
Dec. 15 13,767 9,651 1,228 427 553 397 1,511 502 347 42 16 25 16 56
Dec. 22 13,512 9,074 1,120 360 1,078 488 1,392 475 319 36 11 28 19 61
Dec. 29 10,837 6,279 2,603 491 402 121 941 362 216 76 15 12 9 33
Jan. 5 13,004 7,262 1,497 312 1,219 730 1,984 496 274 60 8 42 26 84
Jan. 12* 11,408 6,959 1,516 496 454 253 1,731 501 305 55 19 22 11 90
Daily
Jan. 9 10,378 7,323 344 29 231 47 2,403 458 312 16 3 8 4 115
Jan. 10 11,003 6,329 1,450 261 354 124 2,485 521 288 53 12 15 7 146
Jan. 11 13,267 6,839 3,835 458 661 88 1,386 568 317 131 17 36 6 61
Jan. 12 11,900 7,523 1,555 1,358 379 378 708 485 309 60 44 27 14 31
Jan. 15 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.
* Data through January 12.
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
2016 78,277 49,126 9,347 3,620 6,157 3,323 6,703 3,527 2,008 413 235 371 172 328
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* 95,499 50,929 16,239 5,554 8,718 5,675 8,384 4,502 2,215 642 334 565 288 459
Monthly average
2017-Aug. 83,570 52,886 11,872 3,315 6,162 3,061 6,274 4,073 2,375 528 239 413 173 346
Sept. 88,626 54,634 13,330 4,362 6,327 2,932 7,042 4,225 2,433 559 279 408 162 385
Oct. 84,964 52,161 12,792 3,377 6,737 3,602 6,294 4,096 2,343 533 229 426 210 355
Nov. 82,677 49,477 13,927 3,863 6,116 3,502 5,792 3,910 2,172 577 265 380 206 310
Dec. 85,200 51,185 14,198 4,369 5,509 3,092 6,848 3,754 2,122 555 262 321 152 341
2018-Jan.* 95,499 50,929 16,239 5,554 8,718 5,675 8,384 4,502 2,215 642 334 565 288 459
Weekly (Friday) average
Dec. 15 92,107 57,316 13,964 3,791 5,810 3,551 7,675 4,019 2,339 552 228 363 170 368
Dec. 22 87,121 50,894 14,001 6,059 5,576 3,593 6,999 3,883 2,108 554 328 328 183 382
Dec. 29 68,604 44,896 11,537 3,727 3,903 1,562 2,979 2,974 1,846 455 215 209 80 169
Jan. 5 101,658 51,662 17,737 6,352 10,468 5,841 9,598 4,591 2,179 693 361 618 272 468
Jan. 12* 90,572 50,343 15,040 4,915 7,319 5,542 7,413 4,431 2,244 601 312 522 300 452
Daily
Jan. 9 94,606 50,742 19,880 3,045 8,477 5,028 7,434 4,635 2,272 751 211 600 297 504
Jan. 10 92,736 49,697 16,114 5,242 6,055 6,437 9,192 4,520 2,237 659 327 439 330 528
Jan. 11 92,473 48,534 20,042 4,897 7,555 5,247 6,198 4,466 2,164 732 348 509 324 389
Jan. 12 85,552 48,404 14,407 8,084 6,287 3,618 4,751 4,138 2,106 588 419 441 224 360
Jan. 15 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.
* Data through January 12.

Footnotes

1. Millions of dollars.

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Last Update: January 16, 2018