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 13, 2024Posted August 14, 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* 3,318 1,945 685 256 227 156 50 119 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.* 4,506 2,367 1,253 353 281 74 178 163 87 38 15 9 3 11
Weekly (Friday) average
July 19 3,994 1,777 1,247 399 257 133 180 145 64 37 17 9 4 13
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* 4,490 3,788 0 305 57 155 186 209 166 0 18 2 4 18
Daily
Aug. 7 1,850 1,195 62 338 185 70 0 87 51 3 23 7 3 0
Aug. 8 1,295 199 265 335 195 10 291 49 5 17 11 8 1 7
Aug. 9 6,480 147 5,491 153 190 279 220 199 7 157 6 4 19 6
Aug. 12 6,029 5,414 0 335 60 0 220 267 223 0 25 2 0 17
Aug. 13 2,952 2,162 0 275 54 310 152 151 110 0 11 2 8 20
* Data through August 13.
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* 10,563 6,896 1,318 859 876 453 161 715 424 85 71 87 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.* 9,271 6,590 1,174 481 676 345 6 613 417 70 33 60 33 1
Weekly (Friday) average
July 19 10,790 7,285 1,069 747 734 533 422 743 470 73 65 69 49 16
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* 7,661 5,304 1,233 301 633 189 2 536 372 72 19 41 32 0
Daily
Aug. 7 8,012 5,618 1,139 624 344 253 35 528 339 81 47 23 33 5
Aug. 8 9,063 6,313 1,281 567 464 438 0 579 412 68 43 27 29 0
Aug. 9 8,217 5,503 974 595 571 575 0 529 366 52 29 42 40 0
Aug. 12 7,956 5,420 1,441 338 443 310 4 580 385 91 19 30 54 1
Aug. 13 7,366 5,187 1,025 263 824 68 0 493 359 54 19 52 9 0
* Data through August 13.
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* 4,598 4,256 214 20 59 9 41 125 113 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.* 3,911 3,515 328 0 19 2 47 101 89 10 0 0 0 2
Weekly (Friday) average
July 19 3,978 2,935 502 110 399 20 12 107 77 13 4 12 1 0
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* 4,322 4,260 38 0 0 0 25 104 102 1 0 0 0 2
Daily
Aug. 7 3,475 3,225 150 0 0 0 100 87 81 4 0 0 0 2
Aug. 8 3,420 3,350 0 0 0 16 54 89 86 0 0 0 1 2
Aug. 9 4,375 4,225 25 0 75 0 50 114 110 1 0 2 0 1
Aug. 12 5,200 5,175 0 0 0 0 25 127 125 0 0 0 0 2
Aug. 13 3,445 3,345 75 0 0 0 25 82 79 2 0 0 0 1
* Data through August 13.
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* 22,276 15,631 3,458 469 702 469 1,548 651 445 94 14 23 15 60
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.* 24,335 17,535 3,439 475 818 828 1,240 701 486 94 13 31 26 51
Weekly (Friday) average
July 19 24,737 18,180 3,786 265 862 419 1,226 707 511 100 8 26 13 48
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* 25,450 18,689 3,979 493 926 471 893 710 504 105 12 36 15 37
Daily
Aug. 7 25,778 17,752 4,161 250 544 880 2,190 708 485 109 6 17 22 69
Aug. 8 22,865 17,265 3,053 140 700 765 941 669 486 92 6 17 22 46
Aug. 9 24,627 18,331 2,292 1,110 684 709 1,501 773 528 71 32 28 25 89
Aug. 12 26,161 19,870 3,689 203 734 751 914 711 527 90 5 27 25 37
Aug. 13 24,739 17,508 4,269 783 1,118 190 871 708 482 120 19 45 5 37
* Data through August 13.
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* 124,198 84,656 16,791 4,652 6,414 3,095 8,591 4,696 2,816 581 278 393 194 434
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.* 114,365 77,336 15,867 4,142 6,983 3,744 6,294 4,299 2,644 540 212 397 186 320
Weekly (Friday) average
July 19 121,193 80,162 18,785 4,333 5,899 4,031 7,983 4,652 2,768 590 273 364 230 426
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* 116,339 79,225 17,275 3,960 6,942 2,236 6,701 4,347 2,718 532 203 384 152 359
Daily
Aug. 7 116,043 75,172 15,811 4,019 6,661 7,103 7,278 4,283 2,492 563 221 370 302 335
Aug. 8 109,948 75,309 12,496 3,318 7,640 5,479 5,705 4,146 2,541 454 188 438 223 302
Aug. 9 111,984 74,898 14,762 5,481 6,277 4,274 6,293 4,241 2,616 520 266 374 195 270
Aug. 12 117,509 82,129 15,093 3,966 7,328 2,767 6,227 4,356 2,786 468 215 384 164 339
Aug. 13 115,169 76,322 19,457 3,954 6,555 1,705 7,176 4,338 2,650 595 191 384 139 379
* Data through August 13.

Footnotes

1. Millions of dollars.

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Last Update: August 14, 2024