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 April 30, 2024Posted May 1, 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* 2,709 1,595 493 153 245 188 35 100 58 16 6 10 8 2
Monthly average
2023-Nov. 3,304 2,349 393 213 199 83 68 110 75 11 9 9 4 3
Dec. 3,287 1,842 994 165 141 111 33 113 69 27 6 6 4 1
2024-Jan. 3,000 1,768 711 75 129 262 55 104 61 20 3 6 10 4
Feb. 2,554 1,683 463 111 169 127 0 95 62 15 4 8 6 0
Mar. 2,598 1,393 398 249 341 182 35 99 51 14 10 14 9 1
Apr.* 2,679 1,543 403 175 333 179 46 101 58 13 7 12 9 2
Weekly (Friday) average
Apr. 5 2,880 2,220 95 86 429 50 0 117 94 3 3 13 3 0
Apr. 12 3,598 2,128 239 365 524 200 142 121 66 8 14 20 10 4
Apr. 19 1,876 337 754 255 181 307 42 69 13 22 11 8 10 4
Apr. 26 2,746 1,607 586 62 326 144 20 109 62 21 4 11 10 1
May 3* 1,718 1,242 250 0 15 211 0 68 48 10 0 0 10 0
Daily
Apr. 24 1,174 167 587 5 222 93 100 55 6 29 1 7 8 4
Apr. 25 1,636 182 388 0 1,045 22 0 97 30 8 0 40 19 0
Apr. 26 1,441 230 733 25 316 138 0 55 15 22 1 8 9 0
Apr. 29 1,759 1,084 400 0 0 275 0 80 54 13 0 0 13 0
Apr. 30 1,677 1,401 100 0 30 146 0 57 42 7 0 1 7 0
* Data through April 30.
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* 10,584 6,795 1,386 884 922 392 206 741 423 91 78 101 37 12
Monthly average
2023-Nov. 10,491 6,888 1,480 858 906 309 50 794 455 105 76 113 41 5
Dec. 9,883 6,490 1,401 671 1,001 208 112 685 429 93 51 80 23 10
2024-Jan. 11,026 6,746 1,573 967 995 373 372 786 445 112 84 93 37 15
Feb. 10,774 6,917 1,476 1,029 859 259 235 794 448 103 95 103 31 13
Mar. 9,986 6,559 1,374 826 814 231 182 691 396 86 77 91 28 12
Apr.* 10,559 6,955 1,137 729 1,010 684 45 697 404 65 56 116 51 6
Weekly (Friday) average
Apr. 5 11,929 7,568 1,106 565 1,142 1,477 72 719 408 67 45 148 39 12
Apr. 12 9,693 6,075 1,040 751 1,347 458 23 641 361 61 59 120 37 3
Apr. 19 10,664 7,471 1,163 693 824 469 42 731 443 69 55 94 66 4
Apr. 26 9,907 6,545 1,115 890 873 438 45 666 385 61 62 104 50 4
May 3* 10,664 7,354 1,444 769 648 412 37 775 449 74 62 112 74 4
Daily
Apr. 24 8,685 5,393 1,067 673 801 728 23 621 320 51 64 89 96 1
Apr. 25 10,176 6,935 881 915 945 447 53 702 417 52 66 124 39 4
Apr. 26 8,814 6,474 702 609 727 241 60 620 382 30 54 97 51 6
Apr. 29 11,258 7,589 1,600 798 1,015 256 0 814 458 74 73 160 49 0
Apr. 30 10,071 7,120 1,289 741 280 568 74 736 440 73 50 65 100 8
* Data through April 30.
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* 4,809 4,494 220 16 46 10 23 132 121 7 0 1 0 2
Monthly average
2023-Nov. 6,440 5,618 589 50 44 61 78 170 144 17 2 1 2 3
Dec. 5,223 4,462 612 82 12 2 52 136 113 18 2 1 0 2
2024-Jan. 4,563 4,363 126 6 15 20 32 126 117 5 0 1 0 2
Feb. 3,491 3,397 61 13 10 6 4 97 93 3 0 1 0 0
Mar. 4,593 4,177 269 31 82 6 29 131 117 9 1 2 0 2
Apr.* 6,449 5,921 408 12 75 7 26 169 153 12 0 2 0 1
Weekly (Friday) average
Apr. 5 5,814 5,125 420 40 142 20 67 162 141 12 1 5 0 3
Apr. 12 6,706 6,253 427 0 0 0 26 174 160 13 0 0 0 1
Apr. 19 6,755 6,112 497 13 127 6 0 174 156 14 0 4 1 0
Apr. 26 6,795 6,265 452 0 59 7 12 177 160 14 0 2 0 1
May 3* 5,762 5,740 0 0 0 0 22 142 138 0 0 0 0 3
Daily
Apr. 24 7,427 6,240 1,112 0 45 0 30 195 157 36 0 1 0 1
Apr. 25 6,794 6,644 150 0 0 0 0 178 175 3 0 0 0 0
Apr. 26 6,386 6,351 0 0 0 35 0 161 160 0 0 0 1 0
Apr. 29 6,695 6,665 0 0 0 0 30 175 174 0 0 0 0 1
Apr. 30 4,830 4,815 0 0 0 0 15 108 103 0 0 0 0 5
* Data through April 30.
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* 20,775 14,265 3,260 520 673 473 1,585 615 412 91 15 22 15 61
Monthly average
2023-Nov. 16,665 9,142 3,318 665 784 1,058 1,698 520 285 90 20 24 35 65
Dec. 17,031 10,232 2,901 619 1,071 633 1,575 524 310 82 17 35 22 59
2024-Jan. 19,858 12,726 3,550 535 672 734 1,641 613 383 98 16 22 24 70
Feb. 20,311 13,928 2,973 566 780 311 1,753 602 402 83 18 24 11 66
Mar. 21,460 15,141 3,233 488 667 445 1,485 627 431 91 15 22 13 55
Apr.* 21,417 15,203 3,269 494 582 396 1,473 618 429 91 13 18 12 53
Weekly (Friday) average
Apr. 5 21,123 14,807 3,035 587 554 416 1,724 616 422 88 16 19 14 58
Apr. 12 21,876 15,223 3,345 562 961 293 1,491 628 431 92 14 27 9 56
Apr. 19 20,694 14,671 3,390 360 448 404 1,421 594 419 94 9 15 12 45
Apr. 26 21,618 15,769 3,353 521 515 457 1,003 627 442 94 15 17 16 43
May 3* 22,308 16,060 3,148 355 212 429 2,104 630 439 84 10 9 10 77
Daily
Apr. 24 22,901 15,768 4,421 596 461 840 815 659 452 129 17 14 22 25
Apr. 25 22,076 15,826 3,864 371 736 263 1,016 618 436 99 9 22 9 43
Apr. 26 20,540 16,666 2,327 205 108 134 1,101 607 461 77 8 4 7 50
Apr. 29 23,321 17,715 2,222 100 333 494 2,456 651 471 60 4 12 12 92
Apr. 30 21,295 14,404 4,074 610 91 363 1,752 610 407 109 17 6 9 62
* Data through April 30.
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* 123,617 84,248 16,632 4,653 6,591 2,848 8,644 4,737 2,810 593 297 420 179 439
Monthly average
2023-Nov. 115,481 74,918 16,498 4,849 5,367 4,200 9,650 4,527 2,615 589 284 359 238 443
Dec. 111,727 74,396 15,355 4,602 6,812 3,477 7,085 4,305 2,616 545 245 369 186 344
2024-Jan. 120,901 79,690 17,069 5,437 6,895 3,650 8,159 4,850 2,792 620 349 432 220 436
Feb. 120,872 81,764 16,859 4,588 6,466 2,170 9,025 4,736 2,777 630 308 429 146 445
Mar. 120,857 83,236 15,227 4,632 6,717 2,407 8,638 4,581 2,728 557 289 415 155 436
Apr.* 131,338 91,824 17,348 3,984 6,295 3,120 8,766 4,780 2,937 566 243 404 191 439
Weekly (Friday) average
Apr. 5 129,513 89,663 16,420 4,183 6,747 3,731 8,769 4,777 2,876 551 272 451 165 462
Apr. 12 133,048 92,271 18,494 4,358 6,861 2,866 8,199 4,729 2,903 571 266 395 180 414
Apr. 19 133,794 92,352 19,146 4,288 5,730 3,374 8,906 4,855 2,986 611 232 353 218 454
Apr. 26 132,946 95,235 16,189 3,627 6,092 2,879 8,924 4,843 3,026 559 218 413 203 423
May 3* 121,462 86,259 15,204 2,689 5,678 2,199 9,433 4,574 2,831 498 202 410 190 442
Daily
Apr. 24 135,976 92,320 19,678 4,302 5,683 4,159 9,834 4,844 2,891 645 215 397 252 444
Apr. 25 134,633 96,204 15,275 3,948 7,146 2,233 9,826 5,118 3,082 568 260 491 246 471
Apr. 26 122,061 96,871 8,385 2,442 5,433 1,644 7,286 4,458 3,130 282 189 339 131 387
Apr. 29 130,837 99,475 11,594 2,397 5,116 2,283 9,972 4,728 3,169 402 183 393 182 399
Apr. 30 112,088 73,043 18,814 2,981 6,240 2,116 8,894 4,419 2,493 595 220 428 197 486
* Data through April 30.

Footnotes

1. Millions of dollars.

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Last Update: May 1, 2024