Table Data - Directly Placed Nonfinancial Commercial Paper Outstanding
| Title | Directly Placed Nonfinancial Commercial Paper Outstanding |
|---|---|
| Series ID | DTBSPCKPTNNM |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Commercial Paper |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Monthly |
| Units | Millions of Dollars |
| Date Range | 2001-01-01 to 2025-12-01 |
| Last Updated | 2026-01-02 12:01 PM CST |
| Notes | For more information, please see https://www.federalreserve.gov/releases/cp/about.htm. For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here. |
| DATE | VALUE |
|---|---|
| 2001-01-01 | 45950.511996 |
| 2001-02-01 | 64271.632245 |
| 2001-03-01 | 60808.071404 |
| 2001-04-01 | 67611.046624 |
| 2001-05-01 | 62809.423589 |
| 2001-06-01 | 24106.505625 |
| 2001-07-01 | 15861.111606 |
| 2001-08-01 | 14036.118834 |
| 2001-09-01 | 12977.279920 |
| 2001-10-01 | 22688.682919 |
| 2001-11-01 | 34998.903323 |
| 2001-12-01 | 37593.548227 |
| 2002-01-01 | 54580.770149 |
| 2002-02-01 | 58329.055642 |
| 2002-03-01 | 55616.258605 |
| 2002-04-01 | 62459.361958 |
| 2002-05-01 | 56700.136430 |
| 2002-06-01 | 51162.168269 |
| 2002-07-01 | 29755.313683 |
| 2002-08-01 | 23279.033670 |
| 2002-09-01 | 15483.847033 |
| 2002-10-01 | 16323.322208 |
| 2002-11-01 | 20147.367689 |
| 2002-12-01 | 18612.527281 |
| 2003-01-01 | 18793.318194 |
| 2003-02-01 | 19809.780103 |
| 2003-03-01 | 16136.659459 |
| 2003-04-01 | 20171.462109 |
| 2003-05-01 | 18408.424917 |
| 2003-06-01 | 13495.982749 |
| 2003-07-01 | 16784.194681 |
| 2003-08-01 | 18563.750069 |
| 2003-09-01 | 14462.959833 |
| 2003-10-01 | 18136.321261 |
| 2003-11-01 | 19091.407234 |
| 2003-12-01 | 10319.485229 |
| 2004-01-01 | 14899.021162 |
| 2004-02-01 | 14603.383350 |
| 2004-03-01 | 7591.268971 |
| 2004-04-01 | 10392.628851 |
| 2004-05-01 | 13826.394302 |
| 2004-06-01 | 8173.391323 |
| 2004-07-01 | 14734.511097 |
| 2004-08-01 | 15404.342233 |
| 2004-09-01 | 13270.432656 |
| 2004-10-01 | 16364.999783 |
| 2004-11-01 | 16160.976036 |
| 2004-12-01 | 9996.982214 |
| 2005-01-01 | 17188.793152 |
| 2005-02-01 | 18386.258084 |
| 2005-03-01 | 12746.534185 |
| 2005-04-01 | 19610.881292 |
| 2005-05-01 | 21023.183668 |
| 2005-06-01 | 10312.747592 |
| 2005-07-01 | 18154.104930 |
| 2005-08-01 | 20312.649738 |
| 2005-09-01 | 9421.895367 |
| 2005-10-01 | 20937.814345 |
| 2005-11-01 | 22778.490902 |
| 2005-12-01 | 9815.417395 |
| 2006-01-01 | 20099.725626 |
| 2006-02-01 | 22805.853224 |
| 2006-03-01 | 12374.390397 |
| 2006-04-01 | 24601.058463 |
| 2006-05-01 | 25787.533044 |
| 2006-06-01 | 12490.149499 |
| 2006-07-01 | 21646.345297 |
| 2006-08-01 | 19863.285729 |
| 2006-09-01 | 12031.531633 |
| 2006-10-01 | 23039.595826 |
| 2006-11-01 | 23647.465702 |
| 2006-12-01 | 12564.127298 |
| 2007-01-01 | 20173.403776 |
| 2007-02-01 | 23810.331898 |
| 2007-03-01 | 16301.447338 |
| 2007-04-01 | 21316.081550 |
| 2007-05-01 | 27696.852647 |
| 2007-06-01 | 13732.610156 |
| 2007-07-01 | 26799.615117 |
| 2007-08-01 | 21986.218105 |
| 2007-09-01 | 8096.209332 |
| 2007-10-01 | 19101.500910 |
| 2007-11-01 | 22469.946668 |
| 2007-12-01 | 8803.961720 |
| 2008-01-01 | 16901.621996 |
| 2008-02-01 | 19423.558188 |
| 2008-03-01 | 8685.450970 |
| 2008-04-01 | 18038.478393 |
| 2008-05-01 | 19152.216256 |
| 2008-06-01 | 9813.780709 |
| 2008-07-01 | 17801.849127 |
| 2008-08-01 | 19003.220646 |
| 2008-09-01 | 11524.128174 |
| 2008-10-01 | 14813.601439 |
| 2008-11-01 | 21058.645419 |
| 2008-12-01 | 9008.213558 |
| 2009-01-01 | 34661.116229 |
| 2009-02-01 | 38064.669989 |
| 2009-03-01 | 17228.510817 |
| 2009-04-01 | 27205.399151 |
| 2009-05-01 | 27381.504527 |
| 2009-06-01 | 16094.572636 |
| 2009-07-01 | 25826.115682 |
| 2009-08-01 | 23192.118052 |
| 2009-09-01 | 12990.220261 |
| 2009-10-01 | 20510.766212 |
| 2009-11-01 | 21813.981247 |
| 2009-12-01 | 8102.707784 |
| 2010-01-01 | 26445.314609 |
| 2010-02-01 | 35706.048875 |
| 2010-03-01 | 33275.746547 |
| 2010-04-01 | 39592.324798 |
| 2010-05-01 | 45640.559337 |
| 2010-06-01 | 56037.388972 |
| 2010-07-01 | 70602.857584 |
| 2010-08-01 | 77719.188389 |
| 2010-09-01 | 72984.402592 |
| 2010-10-01 | 77386.743256 |
| 2010-11-01 | 76008.723038 |
| 2010-12-01 | 62423.280791 |
| 2011-01-01 | 83809.055710 |
| 2011-02-01 | 96870.906630 |
| 2011-03-01 | 99742.738807 |
| 2011-04-01 | 116089.959070 |
| 2011-05-01 | 111752.329460 |
| 2011-06-01 | 103787.524890 |
| 2011-07-01 | 126338.550490 |
| 2011-08-01 | 127931.747300 |
| 2011-09-01 | 110855.111300 |
| 2011-10-01 | 140335.405760 |
| 2011-11-01 | 152870.792330 |
| 2011-12-01 | 124136.346380 |
| 2012-01-01 | 157894.935840 |
| 2012-02-01 | 163545.815700 |
| 2012-03-01 | 141529.292650 |
| 2012-04-01 | 171347.575630 |
| 2012-05-01 | 174657.979440 |
| 2012-06-01 | 151905.542480 |
| 2012-07-01 | 177058.818600 |
| 2012-08-01 | 174772.465190 |
| 2012-09-01 | 151905.799140 |
| 2012-10-01 | 175668.876460 |
| 2012-11-01 | 170163.637480 |
| 2012-12-01 | 145815.419710 |
| 2013-01-01 | 177576.322940 |
| 2013-02-01 | 186417.066080 |
| 2013-03-01 | 99389.005127 |
| 2013-04-01 | 50173.057431 |
| 2013-05-01 | 29220.565061 |
| 2013-06-01 | 16360.279648 |
| 2013-07-01 | 17976.784173 |
| 2013-08-01 | 16997.294413 |
| 2013-09-01 | 10966.918297 |
| 2013-10-01 | 14339.892142 |
| 2013-11-01 | 12126.240095 |
| 2013-12-01 | 7385.213794 |
| 2014-01-01 | 14994.925026 |
| 2014-02-01 | 15751.027113 |
| 2014-03-01 | 9632.693344 |
| 2014-04-01 | 15453.779466 |
| 2014-05-01 | 15152.217013 |
| 2014-06-01 | 11385.312658 |
| 2014-07-01 | 14103.576854 |
| 2014-08-01 | 16199.455428 |
| 2014-09-01 | 12284.086878 |
| 2014-10-01 | 13848.251013 |
| 2014-11-01 | 13642.342236 |
| 2014-12-01 | 5863.568644 |
| 2015-01-01 | 12739.642944 |
| 2015-02-01 | 14489.741027 |
| 2015-03-01 | 5551.372902 |
| 2015-04-01 | 29691.207907 |
| 2015-05-01 | 49341.010306 |
| 2015-06-01 | 50397.048164 |
| 2015-07-01 | 62352.750566 |
| 2015-08-01 | 39160.551881 |
| 2015-09-01 | 14171.051460 |
| 2015-10-01 | 20016.055840 |
| 2015-11-01 | 20368.324509 |
| 2015-12-01 | 8099.986458 |
| 2016-01-01 | 16025.627539 |
| 2016-02-01 | 17656.623879 |
| 2016-03-01 | 8055.808145 |
| 2016-04-01 | 22139.982029 |
| 2016-05-01 | 23368.428338 |
| 2016-06-01 | 24272.869396 |
| 2016-07-01 | 16530.274495 |
| 2016-08-01 | 18936.195578 |
| 2016-09-01 | 11808.303048 |
| 2016-10-01 | 17921.438964 |
| 2016-11-01 | 19315.113399 |
| 2016-12-01 | 7713.174765 |
| 2017-01-01 | 19039.365752 |
| 2017-02-01 | 18802.551703 |
| 2017-03-01 | 19220.895483 |
| 2017-04-01 | 26919.806210 |
| 2017-05-01 | 21049.965867 |
| 2017-06-01 | 6617.776409 |
| 2017-07-01 | 18602.267564 |
| 2017-08-01 | 21359.501115 |
| 2017-09-01 | 10297.336479 |
| 2017-10-01 | 21420.685945 |
| 2017-11-01 | 20951.104212 |
| 2017-12-01 | 35090.706517 |
| 2018-01-01 | 27784.548781 |
| 2018-02-01 | 25628.063349 |
| 2018-03-01 | 10504.725074 |
| 2018-04-01 | 22782.441588 |
| 2018-05-01 | 24570.552980 |
| 2018-06-01 | 10002.267792 |
| 2018-07-01 | 15111.238595 |
| 2018-08-01 | 12775.776583 |
| 2018-09-01 | 7769.122294 |
| 2018-10-01 | 20804.903468 |
| 2018-11-01 | 9843.151671 |
| 2018-12-01 | 6401.728572 |
| 2019-01-01 | 6110.612367 |
| 2019-02-01 | 6164.851242 |
| 2019-03-01 | 9561.203061 |
| 2019-04-01 | 21494.463755 |
| 2019-05-01 | 11114.430223 |
| 2019-06-01 | 9473.108208 |
| 2019-07-01 | 11729.446122 |
| 2019-08-01 | 10354.680636 |
| 2019-09-01 | 11535.056760 |
| 2019-10-01 | 10094.665472 |
| 2019-11-01 | 9961.120169 |
| 2019-12-01 | 8422.237192 |
| 2020-01-01 | 11045.455633 |
| 2020-02-01 | 10118.449590 |
| 2020-03-01 | 7746.417564 |
| 2020-04-01 | 5879.917348 |
| 2020-05-01 | 6998.994499 |
| 2020-06-01 | 7316.969782 |
| 2020-07-01 | 6868.774659 |
| 2020-08-01 | 6887.291272 |
| 2020-09-01 | 7816.907078 |
| 2020-10-01 | 9699.750749 |
| 2020-11-01 | 10251.948032 |
| 2020-12-01 | 10225.467977 |
| 2021-01-01 | 9274.554680 |
| 2021-02-01 | 9152.561518 |
| 2021-03-01 | 7823.725564 |
| 2021-04-01 | 9120.594044 |
| 2021-05-01 | 9902.883619 |
| 2021-06-01 | 9896.774488 |
| 2021-07-01 | 10056.357302 |
| 2021-08-01 | 9187.542094 |
| 2021-09-01 | 8522.252474 |
| 2021-10-01 | 8270.698570 |
| 2021-11-01 | 7464.614535 |
| 2021-12-01 | 5391.554897 |
| 2022-01-01 | 5103.136361 |
| 2022-02-01 | 2632.861743 |
| 2022-03-01 | 1634.574539 |
| 2022-04-01 | 785.670690 |
| 2022-05-01 | 491.372405 |
| 2022-06-01 | 415.451886 |
| 2022-07-01 | 173.533806 |
| 2022-08-01 | 1998.225270 |
| 2022-09-01 | 4029.517556 |
| 2022-10-01 | 1862.048571 |
| 2022-11-01 | 657.115564 |
| 2022-12-01 | 387.498323 |
| 2023-01-01 | 229.123841 |
| 2023-02-01 | 213.781145 |
| 2023-03-01 | 1233.368343 |
| 2023-04-01 | 693.319430 |
| 2023-05-01 | 261.471684 |
| 2023-06-01 | 4071.041973 |
| 2023-07-01 | 1768.718194 |
| 2023-08-01 | 815.053634 |
| 2023-09-01 | 2711.346383 |
| 2023-10-01 | 4892.784226 |
| 2023-11-01 | 4277.984938 |
| 2023-12-01 | 4016.231687 |
| 2024-01-01 | 5898.307773 |
| 2024-02-01 | 5049.485850 |
| 2024-03-01 | 5503.656516 |
| 2024-04-01 | 4964.400709 |
| 2024-05-01 | 4306.079015 |
| 2024-06-01 | 2929.009554 |
| 2024-07-01 | 2682.143335 |
| 2024-08-01 | 4617.551299 |
| 2024-09-01 | 4530.730420 |
| 2024-10-01 | 4942.472613 |
| 2024-11-01 | 7334.536162 |
| 2024-12-01 | 6482.042471 |
| 2025-01-01 | 3857.345220 |
| 2025-02-01 | 13982.690905 |
| 2025-03-01 | 22274.764178 |
| 2025-04-01 | 16246.800767 |
| 2025-05-01 | 15393.443455 |
| 2025-06-01 | 7812.335433 |
| 2025-07-01 | 7281.421725 |
| 2025-08-01 | 5826.456369 |
| 2025-09-01 | 5971.038177 |
| 2025-10-01 | 5056.826398 |
| 2025-11-01 | 4590.012327 |
| 2025-12-01 | 8333.304368 |