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 June 27, 2024Posted June 28, 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* 3,051 1,811 609 220 226 153 32 109 65 19 9 9 7 1
Monthly average
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
May 3,374 1,842 1,036 139 267 83 7 113 62 33 5 9 4 0
June* 4,253 2,777 627 633 87 78 51 150 102 19 23 3 3 1
Weekly (Friday) average
May 31 3,366 1,873 1,114 56 219 106 0 111 64 32 2 8 5 0
June 7 3,936 2,509 929 434 7 0 57 152 106 28 16 0 0 2
June 14 4,474 3,559 185 364 144 113 110 157 124 7 15 5 3 3
June 21 5,771 2,676 1,339 1,480 182 82 12 185 92 35 48 6 4 0
June 28* 2,856 2,238 93 370 19 128 10 104 80 4 16 0 4 0
Daily
June 21 7,089 1,115 4,650 882 184 259 0 234 67 118 31 7 11 0
June 24 6,074 5,290 370 380 35 0 0 214 186 16 11 1 0 0
June 25 3,606 3,266 0 0 40 300 0 129 117 0 0 1 11 0
June 26 847 147 0 700 0 0 0 25 4 0 21 0 0 0
June 27 898 248 0 400 0 210 40 49 12 0 31 0 5 1
* Data through June 27.
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* 10,767 6,998 1,347 912 885 445 179 732 428 86 76 92 40 10
Monthly average
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
May 11,109 7,218 1,384 823 765 848 72 708 423 82 62 72 63 6
June* 11,201 7,681 1,124 1,154 860 202 181 719 456 70 85 75 23 9
Weekly (Friday) average
May 31 12,691 7,814 1,666 785 755 1,644 26 726 467 93 54 57 54 1
June 7 10,969 7,606 1,170 1,114 906 153 20 695 444 64 88 81 18 1
June 14 11,480 7,571 1,126 1,452 677 190 465 730 459 68 96 61 29 17
June 21 12,174 8,242 1,452 1,019 1,008 346 107 787 479 109 76 85 29 10
June 28* 10,170 7,351 734 968 884 133 100 667 447 40 77 78 16 9
Daily
June 21 10,528 7,284 1,451 722 798 232 41 707 413 148 47 74 19 6
June 24 10,915 8,219 718 951 726 186 115 773 513 40 93 80 28 19
June 25 10,573 8,266 597 667 973 67 4 697 516 26 58 89 6 2
June 26 9,613 6,896 551 715 1,186 93 173 629 428 28 63 93 10 7
June 27 9,577 6,023 1,072 1,538 649 188 107 569 331 66 94 48 21 9
* Data through June 27.
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* 4,874 4,541 216 16 53 9 38 133 122 7 0 2 0 2
Monthly average
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
May 6,095 5,545 334 20 112 13 71 166 148 10 1 4 0 3
June* 3,687 3,533 51 15 15 0 73 102 96 2 0 0 0 3
Weekly (Friday) average
May 31 4,317 4,177 49 22 34 21 15 122 116 2 1 1 1 1
June 7 3,970 3,780 49 13 39 0 89 114 106 3 0 1 0 4
June 14 3,560 3,377 65 40 0 0 78 100 93 2 1 0 0 4
June 21 3,537 3,466 44 0 6 0 21 95 92 1 0 0 0 1
June 28* 3,641 3,489 44 0 12 0 96 95 88 1 0 0 0 5
Daily
June 21 3,825 3,825 0 0 0 0 0 99 99 0 0 0 0 0
June 24 3,950 3,925 0 0 0 0 25 105 104 0 0 0 0 1
June 25 3,625 3,425 75 0 50 0 75 89 84 2 0 1 0 2
June 26 3,950 3,590 100 0 0 0 260 113 95 3 0 0 0 15
June 27 3,040 3,015 0 0 0 0 25 72 71 0 0 0 0 1
* Data through June 27.
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* 21,809 15,191 3,361 492 686 446 1,632 640 433 92 15 22 14 63
Monthly average
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
May 23,525 17,023 3,454 396 618 324 1,710 673 469 94 12 20 11 67
June* 24,537 17,275 3,721 482 828 471 1,759 717 492 98 15 29 16 67
Weekly (Friday) average
May 31 24,089 17,703 4,191 393 470 224 1,108 713 506 115 11 17 8 57
June 7 22,726 16,010 3,413 274 1,200 495 1,333 698 477 90 9 46 20 55
June 14 23,729 17,311 3,516 508 833 341 1,220 681 489 92 14 24 10 52
June 21 27,122 18,283 4,333 623 691 603 2,590 788 514 111 19 27 22 95
June 28* 25,224 17,804 3,751 566 495 471 2,137 717 492 102 20 17 13 74
Daily
June 21 24,506 17,389 2,763 448 629 1,614 1,663 714 484 70 16 28 51 65
June 24 26,378 19,717 2,442 600 728 455 2,436 737 540 66 14 24 14 79
June 25 25,930 17,925 4,864 445 750 178 1,769 725 490 132 12 22 6 63
June 26 23,791 16,876 3,384 163 320 1,024 2,024 693 472 96 10 10 25 80
June 27 24,799 16,699 4,315 1,058 182 228 2,317 714 464 113 42 12 7 76
* Data through June 27.
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* 126,053 86,487 16,635 4,706 6,408 2,969 8,849 4,769 2,861 584 286 401 190 446
Monthly average
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
May 133,153 92,891 17,394 4,067 5,965 3,516 9,320 4,856 2,976 594 234 361 229 461
June* 128,745 89,106 15,721 5,732 6,091 2,865 9,230 4,808 2,954 532 300 362 196 464
Weekly (Friday) average
May 31 129,887 89,583 18,485 3,729 5,568 3,830 8,692 4,848 2,944 633 204 320 253 494
June 7 126,507 86,973 15,629 4,266 7,029 3,220 9,390 4,732 2,888 515 258 387 214 470
June 14 127,224 89,272 15,062 7,418 4,477 2,734 8,262 4,710 2,943 513 378 274 190 412
June 21 134,243 91,048 19,417 6,512 5,003 2,906 9,357 5,028 3,041 696 285 335 187 482
June 28* 127,945 89,623 12,964 4,675 8,026 2,545 10,112 4,804 2,965 414 268 466 188 502
Daily
June 21 125,528 88,027 15,352 4,581 5,337 3,887 8,345 4,872 2,925 648 233 328 233 505
June 24 131,651 97,473 8,424 4,002 8,962 2,598 10,192 4,847 3,237 288 230 419 170 503
June 25 135,062 91,414 19,681 3,282 7,932 2,266 10,488 5,020 3,087 552 202 487 181 511
June 26 119,833 84,962 9,686 4,078 8,679 2,944 9,483 4,672 2,855 338 250 615 159 455
June 27 125,234 84,643 14,066 7,340 6,530 2,370 10,285 4,678 2,681 479 391 344 243 540
* Data through June 27.

Footnotes

1. Millions of dollars.

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Last Update: June 28, 2024