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 August 22, 2024Posted August 23, 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* 3,323 1,939 687 259 233 152 52 119 70 21 10 9 7 3
Monthly average
2024-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 4,190 2,693 594 659 103 92 49 149 99 18 24 3 3 1
July 4,349 2,562 912 375 201 197 102 153 89 26 15 8 8 8
Aug.* 4,039 2,130 1,024 350 322 71 141 148 80 29 15 12 4 8
Weekly (Friday) average
July 26 3,550 3,116 104 162 9 66 93 130 112 5 7 1 2 3
Aug. 2 3,562 1,410 1,174 483 405 36 54 112 41 35 17 14 2 3
Aug. 9 4,496 2,704 1,189 215 124 72 192 151 88 36 10 4 5 8
Aug. 16 3,638 1,685 1,009 480 219 118 126 149 75 24 23 9 5 12
Aug. 23* 3,712 2,983 13 160 410 47 100 142 112 1 5 17 2 4
Daily
Aug. 16 5,755 318 5,008 127 280 21 0 168 20 119 14 13 2 0
Aug. 19 6,085 5,484 0 0 401 0 200 246 221 0 0 14 0 11
Aug. 20 4,744 3,441 0 614 393 96 200 189 143 0 18 15 6 7
Aug. 21 3,045 2,883 2 0 150 10 0 88 81 1 0 5 1 0
Aug. 22 974 124 50 25 696 80 0 44 5 2 2 33 2 0
* Data through August 22.
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* 10,492 6,849 1,314 843 859 451 176 710 422 85 70 85 39 9
Monthly average
2024-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 10,998 7,560 1,069 1,143 853 202 171 707 450 67 84 74 23 9
July 10,091 6,512 1,269 710 915 556 129 671 407 85 61 71 39 8
Aug.* 9,115 6,251 1,197 479 586 370 231 611 408 76 36 53 32 7
Weekly (Friday) average
July 26 9,779 6,194 894 764 732 1,143 53 633 383 68 61 58 56 7
Aug. 2 10,147 7,041 1,284 654 909 253 6 689 453 76 59 79 20 2
Aug. 9 9,364 6,636 1,165 554 570 432 7 603 411 68 37 48 37 1
Aug. 16 8,447 5,036 1,373 333 532 502 671 557 346 84 28 40 40 18
Aug. 23* 8,870 6,532 1,046 570 476 170 75 635 449 76 43 47 18 2
Daily
Aug. 16 8,050 5,569 1,212 491 430 324 25 531 364 71 44 39 12 1
Aug. 19 8,916 7,152 979 152 296 336 0 673 506 80 15 35 37 0
Aug. 20 9,216 6,825 1,281 356 671 84 0 685 493 83 32 65 12 0
Aug. 21 8,633 6,361 785 768 349 70 300 606 433 63 53 46 5 6
Aug. 22 8,712 5,789 1,140 1,002 591 190 0 577 363 80 72 42 20 0
* Data through August 22.
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* 4,547 4,215 208 19 57 9 40 123 112 7 1 2 0 2
Monthly average
2024-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 3,497 3,351 48 14 14 0 69 96 91 2 0 0 0 3
July 3,528 3,137 167 48 112 12 52 91 78 5 2 3 0 3
Aug.* 3,691 3,421 214 5 14 2 34 95 86 6 0 0 0 2
Weekly (Friday) average
July 26 2,802 2,720 68 4 0 0 9 72 68 3 0 0 0 1
Aug. 2 2,725 2,593 45 10 29 8 40 68 63 1 0 1 0 3
Aug. 9 4,149 3,515 575 0 15 3 41 109 90 18 0 0 0 1
Aug. 16 3,650 3,555 45 16 10 4 20 93 89 1 0 0 0 1
Aug. 23* 3,563 3,462 81 0 0 0 19 88 85 2 0 0 0 1
Daily
Aug. 16 2,755 2,675 0 80 0 0 0 72 70 0 2 0 0 0
Aug. 19 3,025 2,975 0 0 0 0 50 76 73 0 0 0 0 3
Aug. 20 3,300 3,125 175 0 0 0 0 84 80 4 0 0 0 0
Aug. 21 2,950 2,775 150 0 0 0 25 77 71 5 0 0 0 1
Aug. 22 4,975 4,975 0 0 0 0 0 115 115 0 0 0 0 0
* Data through August 22.
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* 22,423 15,750 3,482 473 713 467 1,539 655 448 95 14 24 15 59
Monthly average
2024-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 24,431 17,227 3,643 505 834 485 1,738 716 492 96 16 29 16 66
July 24,057 17,296 4,069 311 733 438 1,209 689 490 106 9 23 15 45
Aug.* 24,936 17,916 3,687 516 885 649 1,283 721 504 101 15 34 20 48
Weekly (Friday) average
July 26 24,809 18,118 3,893 345 547 578 1,328 694 498 99 10 20 20 45
Aug. 2 23,749 17,432 3,509 366 720 640 1,082 684 488 95 10 28 20 43
Aug. 9 24,592 17,508 3,700 425 741 852 1,365 707 488 99 12 25 29 54
Aug. 16 25,887 18,558 3,704 649 1,215 487 1,275 740 518 101 19 42 14 46
Aug. 23* 25,356 18,356 4,369 431 643 362 1,194 738 526 117 12 32 12 37
Daily
Aug. 16 25,449 18,879 3,051 978 1,208 85 1,248 776 561 80 29 56 4 46
Aug. 19 25,845 19,549 3,449 1,127 747 482 490 750 548 83 32 52 14 21
Aug. 20 25,735 18,494 4,249 143 537 763 1,550 766 537 127 5 25 27 45
Aug. 21 25,240 17,365 4,916 237 1,001 103 1,618 730 501 124 8 42 6 49
Aug. 22 24,604 18,017 4,864 216 288 100 1,119 704 517 135 5 11 2 34
* Data through August 22.
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* 124,016 84,542 16,788 4,620 6,395 3,098 8,574 4,686 2,814 581 276 391 192 431
Monthly average
2024-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 126,661 87,150 15,465 5,790 6,318 2,823 9,115 4,742 2,902 522 301 368 192 458
July 119,360 78,815 18,318 4,462 6,036 3,585 8,145 4,503 2,672 593 259 345 219 416
Aug.* 116,808 79,376 16,244 4,032 6,536 3,492 7,128 4,364 2,703 553 215 376 177 341
Weekly (Friday) average
July 26 116,808 80,845 16,254 4,097 4,510 3,830 7,272 4,378 2,768 519 240 273 221 358
Aug. 2 110,015 74,749 15,192 4,101 6,573 2,483 6,918 4,297 2,633 542 220 372 148 382
Aug. 9 115,279 77,878 16,238 3,978 6,925 4,552 5,706 4,260 2,636 537 207 394 211 274
Aug. 16 115,813 77,707 16,350 4,343 6,693 2,863 7,857 4,340 2,650 550 222 379 165 375
Aug. 23* 123,311 85,977 17,475 3,359 5,537 3,084 7,880 4,534 2,910 574 206 330 158 356
Daily
Aug. 16 113,904 78,008 14,709 5,062 6,527 2,563 7,035 4,290 2,663 509 245 381 125 367
Aug. 19 116,621 88,305 10,901 3,008 5,260 2,561 6,587 4,349 3,059 384 153 298 126 329
Aug. 20 126,638 84,002 22,764 3,580 4,514 4,207 7,570 4,674 2,905 730 210 292 187 350
Aug. 21 127,816 85,644 20,837 3,085 5,987 2,761 9,502 4,639 2,891 654 211 331 176 376
Aug. 22 122,170 85,956 15,397 3,761 6,386 2,806 7,863 4,472 2,783 527 250 397 144 371
* Data through August 22.

Footnotes

1. Millions of dollars.

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Last Update: August 23, 2024