Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of February 15, 2018Posted February 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* 3,642 1,756 238 442 559 416 231 149 60 8 21 27 18 15
Monthly average
2017-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. 3,740 1,828 339 496 486 360 231 151 62 11 23 24 17 14
Feb.* 3,454 1,619 44 339 698 523 231 144 58 2 17 33 19 16
Weekly (Friday) average
Jan. 19 4,451 2,068 50 1,045 669 400 219 170 63 2 48 28 16 14
Jan. 26 3,824 2,354 431 251 302 211 275 155 84 13 12 18 11 17
Feb. 2 2,600 383 89 370 774 660 324 119 17 3 17 39 25 18
Feb. 9 3,020 1,865 36 127 424 384 183 132 71 2 8 21 14 16
Feb. 16* 3,923 1,953 27 520 800 414 208 152 63 1 25 32 18 13
Daily
Feb. 9 1,095 300 0 260 192 272 71 75 11 0 17 22 13 12
Feb. 12 8,109 6,971 0 288 354 256 239 297 225 0 20 30 13 9
Feb. 13 3,544 284 46 1,057 1,486 340 331 161 10 1 50 58 24 18
Feb. 14 1,708 337 37 384 173 594 182 81 11 3 20 6 23 18
Feb. 15 2,330 222 25 353 1,186 467 78 71 6 1 11 34 13 6
* Data through February 15.
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* 10,097 6,335 1,209 838 1,328 290 97 806 459 101 78 125 31 12
Monthly average
2017-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. 9,785 5,932 1,158 856 1,445 278 117 820 452 97 82 142 30 15
Feb.* 10,692 7,104 1,308 804 1,104 314 59 779 470 109 70 94 33 4
Weekly (Friday) average
Jan. 19 10,610 6,361 1,292 1,165 1,408 251 133 864 466 115 94 144 32 13
Jan. 26 8,990 5,876 905 589 1,216 318 88 738 451 77 59 111 26 14
Feb. 2 9,725 5,982 1,505 800 1,142 256 41 773 453 112 74 99 31 4
Feb. 9 10,331 6,791 1,219 609 1,194 472 45 763 447 106 54 105 48 2
Feb. 16* 10,952 7,810 1,193 818 879 164 87 786 507 105 71 82 14 8
Daily
Feb. 9 10,452 6,730 974 969 1,116 603 60 759 437 84 70 99 66 3
Feb. 12 9,518 7,583 410 781 608 109 26 663 487 52 61 51 8 4
Feb. 13 12,491 8,436 1,820 829 1,100 129 178 848 531 117 85 88 13 14
Feb. 14 10,862 7,917 1,111 578 920 230 106 745 491 106 60 63 18 7
Feb. 15 10,936 7,302 1,432 1,085 890 191 37 889 520 145 78 125 16 5
* Data through February 15.
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* 2,609 1,928 239 49 96 127 170 114 75 7 2 6 6 17
Monthly average
2017-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. 583 138 73 17 71 114 169 47 18 3 1 5 6 15
Feb.* 6,477 5,343 557 110 145 151 172 241 186 15 3 9 7 20
Weekly (Friday) average
Jan. 19 654 161 83 3 156 90 162 52 17 3 0 9 7 16
Jan. 26 511 215 81 6 34 45 129 42 19 3 0 3 3 14
Feb. 2 479 127 55 42 36 119 100 53 21 2 2 3 8 18
Feb. 9 5,452 4,697 234 27 219 175 101 216 173 9 1 15 6 13
Feb. 16* 10,624 8,755 1,212 222 92 64 278 354 284 30 5 5 4 25
Daily
Feb. 9 12,462 11,541 360 50 100 345 66 437 402 10 1 2 9 13
Feb. 12 12,237 8,632 2,717 700 63 25 101 376 292 56 14 3 1 10
Feb. 13 10,196 8,516 1,475 170 6 5 24 349 282 36 4 3 3 21
Feb. 14 10,271 9,096 105 0 300 120 650 348 280 13 0 13 10 32
Feb. 15 9,790 8,776 550 20 0 105 338 344 284 16 3 1 4 36
* Data through February 15.
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* 12,253 7,669 1,477 360 642 581 1,524 497 311 55 14 25 19 73
Monthly average
2017-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. 11,903 7,322 1,443 366 717 518 1,538 487 303 54 14 27 18 71
Feb.* 12,921 8,334 1,542 348 498 701 1,499 515 327 56 15 19 21 76
Weekly (Friday) average
Jan. 19 12,604 7,978 1,595 414 626 788 1,203 516 336 65 13 26 22 54
Jan. 26 10,817 7,065 1,409 206 611 318 1,209 442 297 48 10 23 11 53
Feb. 2 12,276 7,141 1,490 495 675 863 1,612 496 291 52 21 22 31 79
Feb. 9 12,111 8,089 1,422 336 494 437 1,332 486 321 54 12 20 13 65
Feb. 16* 14,150 9,548 1,425 237 497 790 1,654 553 361 52 14 21 22 82
Daily
Feb. 9 12,939 8,872 1,367 347 45 1,395 912 557 360 60 13 7 38 79
Feb. 12 13,977 9,396 850 253 570 1,266 1,642 527 359 28 25 26 33 56
Feb. 13 13,090 9,845 1,306 128 219 630 962 524 378 53 3 7 24 59
Feb. 14 16,285 11,057 1,240 371 383 776 2,457 621 398 41 21 24 19 118
Feb. 15 13,250 7,893 2,304 196 814 490 1,553 539 310 86 8 26 13 96
* Data through February 15.
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* 94,681 53,766 16,700 5,080 7,220 4,609 7,306 4,344 2,291 644 295 465 230 420
Monthly average
2017-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. 93,639 51,617 16,683 5,359 7,637 4,697 7,647 4,366 2,246 653 306 497 237 427
Feb.* 96,671 57,871 16,732 4,547 6,424 4,441 6,656 4,303 2,377 626 274 403 218 407
Weekly (Friday) average
Jan. 19 101,307 54,305 19,705 8,262 8,422 4,271 6,343 4,670 2,337 784 399 558 221 370
Jan. 26 89,492 52,231 15,222 4,128 6,045 3,634 8,232 4,091 2,279 574 235 388 179 436
Feb. 2 87,408 48,623 16,766 3,908 6,346 5,187 6,579 4,152 2,155 655 274 400 241 428
Feb. 9 94,415 57,817 16,923 3,361 5,942 4,248 6,124 4,237 2,382 631 218 397 227 381
Feb. 16* 102,122 62,897 16,219 5,632 6,803 3,496 7,073 4,356 2,486 597 304 406 165 398
Daily
Feb. 9 92,917 61,794 13,889 3,468 3,656 4,743 5,366 4,117 2,479 524 240 272 259 343
Feb. 12 103,736 69,147 11,017 6,788 6,901 3,672 6,212 4,312 2,707 425 300 400 169 311
Feb. 13 102,532 60,736 21,592 5,278 6,169 2,746 6,011 4,370 2,423 689 301 411 161 385
Feb. 14 101,362 62,929 13,652 4,694 6,474 3,271 10,340 4,276 2,424 539 282 352 154 525
Feb. 15 100,857 58,777 18,617 5,770 7,668 4,297 5,728 4,467 2,391 735 333 462 176 370
* Data through February 15.

Footnotes

1. Millions of dollars.

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Last Update: February 16, 2018