Volume Statistics for Commercial Paper Issuance RSS DDP

Derived from data supplied by The Depository Trust & Clearing Corporation
Data as of March 15, 2019Posted March 18, 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* 3,270 1,545 304 371 452 350 249 162 72 15 21 23 16 15
Monthly average
2018-Oct. 5,116 3,266 607 183 539 293 227 222 140 25 9 28 12 9
Nov. 4,874 2,558 873 544 578 204 118 204 101 29 28 30 8 7
Dec. 4,152 2,642 333 277 522 263 115 173 100 11 15 29 12 6
2019-Jan. 3,283 1,429 215 404 441 485 309 161 61 10 24 24 21 20
Feb. 3,625 1,862 406 350 487 311 209 176 87 20 19 23 15 12
Mar.* 2,633 1,217 296 345 410 159 205 138 65 14 17 23 9 11
Weekly (Friday) average
Feb. 15 3,971 2,343 254 607 220 320 227 198 111 14 25 17 16 16
Feb. 22 2,355 1,230 296 294 301 155 80 124 60 15 16 15 11 8
Mar. 1 3,437 1,524 406 311 581 190 425 170 68 23 22 28 10 19
Mar. 8 2,695 1,343 426 381 263 117 165 139 73 18 19 13 8 7
Mar. 15* 2,462 1,211 169 226 457 196 204 128 61 9 10 27 10 11
Daily
Mar. 11 5,434 3,725 0 352 867 195 294 251 152 0 20 51 19 9
Mar. 12 2,302 1,424 80 124 285 250 138 135 92 5 7 11 10 10
Mar. 13 1,417 248 80 305 214 307 262 92 18 4 11 23 13 23
Mar. 14 1,219 321 153 330 265 120 30 58 20 9 9 13 4 3
Mar. 15 1,939 335 530 18 656 106 295 102 21 29 1 38 3 10
* Data through March 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
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* 9,809 6,029 1,200 952 1,185 285 158 888 509 104 94 129 33 18
Monthly average
2018-Oct. 8,942 5,527 1,061 889 1,071 295 100 764 436 95 81 102 37 13
Nov. 8,292 5,193 1,307 725 729 193 145 714 420 111 76 68 20 19
Dec. 7,723 4,697 1,199 665 900 140 122 656 387 96 64 81 15 13
2019-Jan. 9,025 5,134 1,060 1,020 1,232 386 194 834 425 97 101 141 46 24
Feb. 10,361 6,770 1,251 777 1,253 192 119 936 573 110 81 136 22 14
Mar.* 10,353 6,459 1,377 1,127 979 254 158 908 560 110 103 95 27 15
Weekly (Friday) average
Feb. 15 9,968 6,254 1,233 965 1,112 265 139 930 544 106 100 129 33 19
Feb. 22 10,379 7,069 1,269 661 1,079 177 124 926 580 122 72 125 19 8
Mar. 1 10,819 7,108 1,473 814 1,198 92 134 969 598 129 75 143 13 12
Mar. 8 10,179 6,142 1,279 1,121 1,205 286 146 910 544 101 118 107 28 12
Mar. 15* 10,404 6,734 1,441 1,012 762 263 193 905 576 116 83 80 29 21
Daily
Mar. 11 10,081 7,072 1,150 880 665 194 120 898 634 96 71 62 24 11
Mar. 12 9,606 6,016 1,266 703 937 520 164 858 533 103 56 94 52 20
Mar. 13 8,803 5,787 1,453 809 413 229 112 784 495 113 85 52 21 18
Mar. 14 9,677 6,023 1,748 837 691 167 210 896 558 147 78 74 21 18
Mar. 15 13,853 8,772 1,588 1,834 1,101 202 357 1,088 661 120 126 119 26 36
* Data through March 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
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* 4,651 3,586 458 70 77 129 331 165 119 13 2 3 5 23
Monthly average
2018-Oct. 4,113 3,308 171 64 90 101 380 187 124 6 2 4 6 44
Nov. 4,233 3,432 144 91 83 47 436 172 111 5 3 4 2 47
Dec. 3,799 3,083 276 31 19 56 335 149 102 9 1 2 2 33
2019-Jan. 4,193 3,345 259 53 52 138 346 154 113 9 2 3 6 23
Feb. 4,655 3,579 544 44 43 104 341 163 120 15 2 3 4 20
Mar.* 5,516 4,056 688 147 184 156 285 189 129 18 5 4 6 28
Weekly (Friday) average
Feb. 15 5,543 4,565 535 32 20 102 288 188 147 15 2 1 4 20
Feb. 22 4,468 2,904 973 25 37 266 263 157 107 26 1 3 7 14
Mar. 1 4,480 3,711 306 59 18 93 293 159 119 8 3 1 4 26
Mar. 8 4,871 3,320 611 113 300 175 352 181 118 18 4 7 7 27
Mar. 15* 6,475 5,011 887 182 97 129 169 198 146 21 5 2 5 20
Daily
Mar. 11 8,361 6,660 1,350 0 0 164 187 241 188 30 0 0 6 17
Mar. 12 5,252 5,025 50 65 0 0 112 163 136 1 4 0 1 21
Mar. 13 9,017 6,106 2,466 100 10 177 159 281 186 53 2 1 7 32
Mar. 14 6,395 4,954 384 466 275 204 113 194 146 12 11 6 7 12
Mar. 15 3,349 2,309 185 278 200 100 277 112 74 7 7 4 2 18
* Data through March 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
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* 12,669 8,097 1,806 217 705 500 1,344 496 311 69 9 30 19 58
Monthly average
2018-Oct. 13,302 8,637 1,874 265 617 394 1,516 520 338 71 10 26 14 60
Nov. 12,758 7,721 1,947 318 558 519 1,694 506 301 73 12 25 16 78
Dec. 12,291 7,338 1,775 235 596 666 1,680 464 280 64 8 24 20 67
2019-Jan. 12,223 7,711 1,773 239 686 432 1,383 495 308 69 10 31 16 62
Feb. 13,107 8,452 1,737 231 774 629 1,283 503 320 69 9 30 23 52
Mar.* 12,762 8,223 1,987 148 621 407 1,375 484 302 72 6 29 16 61
Weekly (Friday) average
Feb. 15 13,221 8,987 2,061 225 399 510 1,040 501 342 76 7 17 17 41
Feb. 22 13,182 8,619 1,885 198 806 751 923 518 340 74 7 28 26 42
Mar. 1 11,952 7,842 1,353 217 925 630 986 450 278 53 10 32 23 54
Mar. 8 12,415 8,037 2,016 181 647 402 1,133 474 293 75 7 33 16 50
Mar. 15* 13,182 8,482 1,949 117 624 457 1,553 496 317 66 5 26 17 65
Daily
Mar. 11 12,635 8,288 738 56 601 692 2,260 513 302 39 7 32 22 111
Mar. 12 11,040 8,586 1,052 48 7 198 1,150 438 327 46 4 3 13 45
Mar. 13 13,856 8,430 3,683 60 420 314 949 518 345 100 2 19 15 37
Mar. 14 13,368 8,668 1,851 158 549 254 1,888 483 308 59 4 29 20 63
Mar. 15 15,010 8,439 2,422 265 1,543 825 1,516 528 304 84 6 47 17 70
* Data through March 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
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* 79,798 45,728 12,473 3,718 6,363 3,495 8,021 4,044 2,169 515 265 449 208 438
Monthly average
2018-Oct. 80,074 46,858 12,581 3,796 5,582 3,214 8,042 3,894 2,128 507 254 382 197 425
Nov. 75,606 42,604 12,737 4,154 4,951 3,191 7,968 3,760 1,980 540 280 337 179 444
Dec. 67,794 38,519 11,105 3,429 5,419 3,084 6,238 3,361 1,808 466 227 348 160 352
2019-Jan. 77,409 42,702 11,762 3,826 6,466 3,992 8,660 3,951 1,994 496 273 471 234 482
Feb. 80,696 47,680 12,483 3,212 6,578 3,246 7,497 4,105 2,298 520 238 453 196 400
Mar.* 82,806 48,132 13,815 4,386 5,793 2,976 7,703 4,118 2,280 543 294 402 181 418
Weekly (Friday) average
Feb. 15 80,905 47,931 12,756 3,838 5,474 3,683 7,223 4,113 2,303 518 284 410 216 382
Feb. 22 82,490 47,928 15,180 2,855 6,731 2,734 7,062 4,154 2,306 620 206 456 176 390
Mar. 1 80,990 49,886 12,215 3,339 6,312 2,655 6,584 4,111 2,348 520 245 444 167 387
Mar. 8 82,671 48,732 13,693 4,153 6,422 2,718 6,954 4,115 2,306 547 287 437 174 364
Mar. 15* 81,653 47,698 13,118 4,426 4,846 3,346 8,220 4,077 2,257 522 286 356 196 461
Daily
Mar. 11 86,605 53,824 10,926 2,454 5,206 4,012 10,182 4,256 2,494 470 193 356 186 557
Mar. 12 78,695 47,676 13,133 2,688 3,816 4,855 6,526 3,829 2,208 527 204 307 250 333
Mar. 13 79,103 45,534 14,980 4,001 4,021 2,223 8,344 3,882 2,075 534 305 318 156 494
Mar. 14 77,754 43,902 12,651 5,556 4,965 3,060 7,620 3,995 2,152 533 322 343 208 437
Mar. 15 86,110 47,554 13,897 7,433 6,220 2,578 8,428 4,425 2,355 545 407 457 178 483
* Data through March 15.

Footnotes

1. Millions of dollars.

Back to Top
Last Update: March 18, 2019