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 December 19, 2024Posted December 20, 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* 3,684 2,228 724 297 232 142 61 131 78 22 12 9 6 4
Monthly average
2024-July 4,349 2,562 912 375 201 197 102 153 89 26 15 8 8 8
Aug. 4,139 2,414 983 274 309 56 103 144 84 27 12 12 3 6
Sept. 4,349 2,490 1,011 274 223 256 94 164 91 32 12 10 13 5
Oct. 4,628 3,380 614 257 177 75 126 166 114 19 10 7 3 12
Nov. 3,993 2,231 701 657 236 108 59 137 73 22 23 9 6 4
Dec.* 4,715 2,992 884 430 297 64 48 157 101 25 16 10 2 3
Weekly (Friday) average
Nov. 22 5,446 4,472 279 694 0 0 0 169 136 9 25 0 0 0
Nov. 29 1,335 1,107 30 75 123 0 0 43 35 2 2 4 0 0
Dec. 6 6,965 4,666 1,269 571 328 60 71 214 138 37 21 12 2 3
Dec. 13 3,461 1,544 1,207 333 195 119 63 123 61 33 12 7 4 5
Dec. 20* 3,469 2,708 0 375 386 0 0 130 105 0 14 12 0 0
Daily
Dec. 13 6,089 45 5,310 0 532 152 50 157 2 128 0 21 5 1
Dec. 16 5,846 5,846 0 0 0 0 0 199 199 0 0 0 0 0
Dec. 17 1,644 1,644 0 0 0 0 0 92 92 0 0 0 0 0
Dec. 18 2,159 2,009 0 100 50 0 0 83 80 0 2 1 0 0
Dec. 19 4,229 1,334 0 1,400 1,494 0 0 148 48 0 52 48 0 0
* Data through December 19.
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* 10,174 6,700 1,266 806 795 448 158 682 414 83 65 75 36 8
Monthly average
2024-July 10,091 6,512 1,269 710 915 556 129 671 407 85 61 71 39 8
Aug. 8,858 6,069 1,159 512 632 301 185 603 395 80 40 55 28 6
Sept. 9,818 7,259 1,040 557 662 269 32 626 424 74 48 52 24 3
Oct. 9,563 6,572 1,167 652 588 568 15 623 410 78 48 49 36 2
Nov. 9,079 5,668 1,170 1,117 624 401 98 599 365 79 79 47 26 3
Dec.* 10,282 6,248 1,409 644 823 687 473 672 394 95 51 81 39 12
Weekly (Friday) average
Nov. 22 10,082 5,949 821 1,738 709 857 9 651 387 51 124 48 39 2
Nov. 29 6,709 3,600 1,965 605 311 227 0 466 236 144 48 19 18 0
Dec. 6 9,478 6,180 1,406 745 660 283 205 657 390 95 57 76 30 10
Dec. 13 9,603 5,574 1,752 284 634 1,360 0 604 360 118 21 53 53 0
Dec. 20* 12,136 7,175 983 968 1,262 349 1,399 776 440 67 81 124 32 31
Daily
Dec. 13 9,310 5,551 2,329 178 595 656 0 664 359 161 10 60 74 0
Dec. 16 12,352 8,289 648 848 1,698 758 110 858 508 48 45 204 49 4
Dec. 17 12,124 7,422 1,675 1,404 1,302 90 230 742 441 107 74 93 14 13
Dec. 18 13,408 6,851 1,028 789 1,109 397 3,234 866 399 83 149 119 51 65
Dec. 19 10,659 6,138 582 833 937 149 2,021 636 414 31 55 79 16 41
* Data through December 19.
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* 4,824 4,467 193 38 66 10 51 128 116 6 1 2 0 3
Monthly average
2024-July 3,528 3,137 167 48 112 12 52 91 78 5 2 3 0 3
Aug. 3,781 3,536 179 15 24 2 26 95 87 5 0 1 0 1
Sept. 5,852 5,733 45 33 4 15 21 135 132 2 1 0 0 1
Oct. 5,862 5,407 136 63 224 10 23 153 139 4 2 7 0 2
Nov. 4,940 4,472 292 58 49 19 50 134 120 7 2 2 1 2
Dec.* 5,144 4,375 228 193 46 11 291 145 119 6 6 1 0 12
Weekly (Friday) average
Nov. 22 4,640 3,986 382 141 111 7 12 123 103 8 4 6 0 0
Nov. 29 4,228 4,000 44 25 38 18 104 114 106 2 1 1 1 4
Dec. 6 5,120 4,125 535 358 48 10 44 140 113 14 10 1 0 1
Dec. 13 5,258 4,684 54 40 80 16 384 147 129 2 1 2 1 12
Dec. 20* 5,032 4,300 64 179 0 6 483 149 113 2 8 0 0 26
Daily
Dec. 13 5,533 4,075 0 0 0 0 1,458 151 107 0 0 0 0 44
Dec. 16 4,130 4,070 0 0 0 0 60 108 106 0 0 0 0 2
Dec. 17 6,345 4,675 0 0 0 25 1,645 210 120 0 0 0 1 89
Dec. 18 5,514 5,250 50 0 0 0 214 167 155 1 0 0 0 11
Dec. 19 4,141 3,205 204 717 0 0 15 112 70 8 32 0 0 2
* Data through December 19.
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* 22,644 15,765 3,551 511 717 474 1,626 663 451 97 15 24 15 61
Monthly average
2024-July 24,057 17,296 4,069 311 733 438 1,209 689 490 106 9 23 15 45
Aug. 24,280 17,642 3,584 523 847 559 1,125 707 504 98 15 32 18 41
Sept. 25,282 18,078 3,629 612 774 712 1,477 758 527 102 18 30 24 57
Oct. 21,435 14,252 3,848 526 707 279 1,823 637 419 103 16 24 10 65
Nov. 22,928 14,984 3,834 600 666 597 2,248 659 429 102 16 20 18 74
Dec.* 23,005 15,591 3,494 659 753 423 2,086 660 436 94 17 26 14 74
Weekly (Friday) average
Nov. 22 23,319 15,710 2,888 741 673 670 2,636 662 438 76 20 21 21 86
Nov. 29 19,894 12,257 5,207 374 317 411 1,328 557 345 139 10 8 12 42
Dec. 6 22,520 15,004 3,430 667 791 527 2,101 662 421 97 20 26 19 79
Dec. 13 22,779 15,626 3,451 168 961 222 2,351 655 438 91 5 31 8 81
Dec. 20* 23,894 16,279 3,626 1,261 447 545 1,736 663 451 94 29 18 16 56
Daily
Dec. 13 21,436 15,846 1,463 408 1,530 282 1,907 609 435 47 11 48 9 59
Dec. 16 24,265 16,745 2,665 1,231 476 280 2,868 659 464 64 26 19 6 80
Dec. 17 24,520 16,532 5,638 675 673 216 786 682 457 148 19 21 6 31
Dec. 18 24,015 15,842 4,120 1,400 314 750 1,589 669 441 101 31 12 26 58
Dec. 19 22,777 15,999 2,082 1,736 323 935 1,701 643 441 61 39 21 24 57
* Data through December 19.
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* 123,404 83,421 16,676 4,764 6,471 3,157 8,915 4,657 2,797 580 275 383 188 433
Monthly average
2024-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. 116,939 80,070 15,839 3,998 6,497 3,093 7,442 4,358 2,706 548 220 374 163 347
Sept. 127,965 87,270 17,216 4,757 7,023 3,162 8,538 4,796 2,964 597 264 393 181 398
Oct. 118,372 77,881 16,641 4,643 6,567 2,927 9,713 4,549 2,705 589 262 361 171 461
Nov. 120,972 79,297 16,565 5,773 6,049 3,698 9,590 4,488 2,664 581 306 317 188 432
Dec.* 123,600 79,816 15,625 5,649 7,031 3,944 11,535 4,656 2,718 555 284 404 204 491
Weekly (Friday) average
Nov. 22 126,500 85,045 12,792 7,687 4,932 4,957 11,087 4,672 2,856 414 399 279 240 483
Nov. 29 105,516 67,864 20,801 3,701 3,182 2,710 7,259 3,828 2,178 770 211 146 149 373
Dec. 6 127,075 81,662 16,109 7,387 6,769 4,042 11,105 4,729 2,751 555 373 369 205 476
Dec. 13 121,682 77,255 17,698 3,158 7,009 4,028 12,535 4,536 2,616 653 166 377 218 506
Dec. 20* 121,654 80,709 12,430 6,590 7,387 3,718 10,822 4,717 2,806 432 321 480 187 491
Daily
Dec. 13 117,283 75,496 18,490 3,757 5,699 2,837 11,004 4,434 2,568 657 192 354 197 466
Dec. 16 117,403 79,917 9,944 6,245 7,181 2,472 11,645 4,541 2,846 317 214 528 134 502
Dec. 17 118,670 78,933 16,065 6,491 5,683 2,783 8,715 4,655 2,772 597 327 334 176 449
Dec. 18 124,981 85,625 12,182 4,068 6,329 5,455 11,323 4,764 2,923 453 283 420 224 461
Dec. 19 125,562 78,362 11,528 9,556 10,353 4,161 11,603 4,908 2,681 363 460 637 214 553
* Data through December 19.

Footnotes

1. Millions of dollars.

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Last Update: December 20, 2024