Volume Statistics for Commercial Paper Issuance RSS Data Download

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of July 31, 2020Posted August 3, 2020

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
2018 4,506 2,604 474 366 516 319 227 199 104 19 19 26 15 15
2019 4,097 2,640 450 336 333 211 126 169 99 19 18 17 10 7
2020* 3,307 2,067 263 148 297 256 276 135 75 11 8 14 12 16
Monthly average
2020-Feb. 3,849 2,500 290 147 391 292 228 152 88 17 7 16 12 12
Mar. 3,556 1,616 253 295 676 367 348 155 64 12 14 29 19 17
Apr. 2,056 703 95 107 348 332 471 102 32 4 7 17 18 24
May 4,126 2,911 454 76 140 188 359 157 95 14 5 8 10 26
June 3,184 2,406 296 50 124 117 191 120 84 10 3 6 4 13
July* 2,750 1,991 206 56 145 110 242 108 71 8 4 8 5 12
Weekly (Friday) average
July 3 1,044 266 423 32 43 112 167 44 16 14 2 4 3 6
July 10 3,490 2,821 76 38 325 138 92 131 97 2 2 14 9 6
July 17 1,709 1,032 93 0 117 164 303 69 38 7 0 6 7 12
July 24 3,328 2,382 284 121 148 103 290 140 94 9 5 10 4 18
July 31* 3,340 2,715 91 82 37 62 352 123 86 6 9 3 4 15
Daily
July 27 8,052 7,256 100 14 73 85 524 274 222 2 12 5 5 28
July 28 5,688 5,443 107 0 0 88 50 174 163 6 0 0 4 1
July 29 810 306 20 232 0 124 128 66 20 2 28 0 11 5
July 30 948 175 200 100 100 0 374 48 8 17 2 8 0 13
July 31 1,201 396 28 64 14 15 684 55 18 2 4 3 1 27
* Data through July 31.
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
2018 8,726 5,507 1,106 784 1,007 218 103 758 439 99 78 102 27 13
2019 9,253 5,972 1,120 805 973 250 132 849 515 107 82 104 27 14
2020* 5,802 3,875 547 480 524 222 155 507 306 58 49 55 23 16
Monthly average
2020-Feb. 9,638 6,275 1,011 845 915 408 184 814 492 94 82 90 34 21
Mar. 7,567 5,304 746 587 510 197 223 601 389 74 55 45 20 18
Apr. 4,113 2,489 435 333 455 201 200 363 189 43 39 46 26 19
May 3,409 2,140 314 270 349 230 106 315 171 40 33 40 18 12
June 3,703 2,468 351 223 394 178 90 341 201 39 23 45 24 10
July* 4,106 3,034 228 261 342 130 111 341 221 29 26 39 15 11
Weekly (Friday) average
July 3 3,302 2,473 267 176 224 90 72 283 191 30 13 29 10 9
July 10 4,097 2,893 218 336 288 81 281 326 211 28 26 35 16 10
July 17 4,532 3,405 172 325 422 132 76 380 247 26 36 43 18 10
July 24 4,055 3,041 194 203 398 173 46 347 216 26 26 51 18 10
July 31* 4,511 3,376 278 233 376 159 88 370 252 33 25 37 10 13
Daily
July 27 4,456 3,790 271 134 138 75 48 326 239 34 11 25 4 13
July 28 4,505 3,268 79 218 731 84 126 364 245 6 25 67 11 10
July 29 5,008 3,244 440 290 393 540 102 414 265 49 27 41 22 10
July 30 4,110 3,294 130 221 352 8 105 385 276 18 36 26 6 23
July 31 4,475 3,286 471 303 264 89 61 362 237 56 24 27 7 11
* Data through July 31.
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
2018 6,169 5,328 339 66 89 80 268 243 192 11 2 5 5 28
2019 5,620 4,592 486 85 125 91 242 189 143 14 3 5 4 19
2020* 6,213 5,713 207 87 73 23 110 164 145 6 3 2 1 6
Monthly average
2020-Feb. 8,808 7,896 423 90 189 44 166 255 223 13 3 5 2 9
Mar. 5,142 4,298 276 125 123 66 254 146 112 8 4 5 2 14
Apr. 2,815 2,409 194 173 38 0 0 71 60 5 5 1 0 0
May 4,599 4,315 105 40 44 2 92 115 104 3 1 1 0 5
June 8,129 7,931 80 56 17 9 36 190 184 2 2 0 0 2
July* 7,508 7,256 118 46 22 3 62 174 165 4 1 1 0 3
Weekly (Friday) average
July 3 5,025 4,762 113 78 38 1 34 120 110 4 2 1 0 2
July 10 7,955 7,651 191 70 11 0 33 183 171 7 2 1 0 3
July 17 7,572 7,334 108 42 20 0 68 175 168 3 1 1 0 3
July 24 8,475 8,185 79 31 33 15 132 200 191 3 1 1 0 5
July 31* 7,525 7,447 53 5 0 0 20 170 168 2 0 0 0 0
Daily
July 27 5,311 5,311 0 0 0 0 0 125 125 0 0 0 0 0
July 28 9,102 8,952 150 0 0 0 0 209 205 4 0 0 0 0
July 29 8,010 7,795 115 0 0 0 100 181 173 6 0 0 0 2
July 30 10,217 10,217 0 0 0 0 0 228 228 0 0 0 0 0
July 31 4,987 4,962 0 25 0 0 0 109 108 0 1 0 0 0
* Data through July 31.
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
2018 12,563 7,887 1,671 285 620 554 1,547 503 317 62 11 26 20 67
2019 13,875 9,384 1,760 270 687 608 1,167 540 363 67 12 29 21 49
2020* 17,480 12,046 2,354 322 912 595 1,251 584 397 76 11 32 18 50
Monthly average
2020-Feb. 14,264 9,437 1,960 255 748 559 1,304 519 336 67 9 29 20 57
Mar. 23,321 17,577 3,207 515 745 634 643 725 550 101 14 22 16 21
Apr. 20,004 13,784 2,957 468 1,644 690 460 623 429 92 17 50 20 14
May 18,430 12,450 2,183 242 914 711 1,929 619 416 71 9 32 21 70
June 16,027 10,885 2,073 291 680 567 1,531 538 360 68 9 25 17 59
July* 15,087 10,211 1,874 202 747 457 1,596 509 334 60 7 28 14 65
Weekly (Friday) average
July 3 13,415 8,603 1,962 384 935 309 1,223 431 284 62 9 27 8 43
July 10 16,393 11,089 1,996 358 758 575 1,617 578 369 67 13 32 20 77
July 17 14,755 10,213 1,543 143 918 477 1,461 507 336 52 6 33 14 65
July 24 15,491 10,712 1,913 172 652 356 1,686 523 350 62 5 30 13 63
July 31* 15,461 10,777 1,656 164 491 548 1,825 498 341 47 6 20 16 68
Daily
July 27 16,096 10,661 841 393 661 147 3,392 541 326 28 12 36 14 125
July 28 13,588 10,223 565 123 285 1,473 919 450 339 13 3 9 32 54
July 29 14,780 10,311 2,437 62 323 505 1,142 444 316 59 3 17 11 38
July 30 18,050 12,264 3,427 41 505 343 1,469 544 362 95 3 20 14 50
July 31 14,792 10,423 1,010 202 680 272 2,205 511 360 42 9 19 9 72
* Data through July 31.
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
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 79,801 46,823 12,553 3,690 5,817 3,206 7,711 3,960 2,181 527 260 399 190 402
2020* 79,248 51,227 10,294 2,640 4,571 2,722 7,794 3,302 1,901 402 175 272 158 395
Monthly average
2020-Feb. 79,711 47,485 10,833 3,257 5,838 3,201 9,098 3,826 2,070 476 239 378 185 478
Mar. 90,006 62,245 11,229 3,615 4,789 2,608 5,521 3,607 2,274 456 214 251 145 266
Apr. 89,311 57,520 11,530 2,797 5,991 3,282 8,192 3,318 1,858 408 169 302 186 394
May 78,535 52,896 9,085 1,775 3,526 2,748 8,505 3,046 1,797 338 125 213 156 416
June 71,405 49,789 7,897 1,819 2,805 1,790 7,305 2,806 1,741 296 110 183 114 361
July* 64,860 40,785 9,641 1,633 3,483 1,827 7,490 2,654 1,491 344 113 207 115 383
Weekly (Friday) average
July 3 53,595 33,574 8,560 1,175 2,865 1,203 6,217 2,131 1,229 308 66 148 78 303
July 10 70,065 44,733 9,661 1,760 3,714 2,142 8,055 2,814 1,589 337 112 215 139 422
July 17 64,787 39,886 9,569 1,858 3,861 1,953 7,661 2,718 1,503 357 136 217 112 394
July 24 66,208 42,338 9,574 1,746 3,361 1,653 7,537 2,774 1,582 341 116 236 106 394
July 31* 67,519 43,104 10,003 1,565 3,306 1,960 7,580 2,721 1,559 349 118 210 122 362
Daily
July 27 69,553 43,695 8,533 1,425 3,849 1,761 10,289 2,889 1,618 297 100 275 135 464
July 28 71,311 46,562 9,439 1,602 3,539 3,085 7,084 2,710 1,641 294 121 197 140 317
July 29 69,122 39,991 11,800 1,689 3,108 2,306 10,229 2,786 1,466 382 122 205 154 457
July 30 72,058 48,237 13,686 1,133 3,079 1,241 4,681 2,757 1,659 471 103 183 85 256
July 31 55,549 37,033 6,558 1,979 2,958 1,406 5,615 2,462 1,411 300 145 191 97 318
* Data through July 31.

Footnotes

1. Millions of dollars.

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Last Update: August 3, 2020