GITNUX MARKETDATA REPORT 2024

Commercial Paper Industry Statistics

Commercial paper industry statistics provide insights into the volume, maturity, and interest rates of short-term unsecured debt securities issued by corporations.

Statistic 1

"As of 2020, the amount of commercial paper outstanding was $1.04 trillion."

Sources Icon

Statistic 2

"Nearly 1,700 companies in the United States used commercial paper to fund their operations in 2019."

Sources Icon

Statistic 3

"On average, 54.9% of commercial paper is mainly issued by financial companies and is unsecured."

Sources Icon

Statistic 4

"The commercial paper default rate is less than 0.01%."

Sources Icon

Statistic 5

"In 2020, commercial paper rates averaged at about 0.52%, marking one of the lowest points in history"

Sources Icon

Statistic 6

"In 2020, nearly 71% of the total commercial paper was issued by domestic financial companies."

Sources Icon

Statistic 7

"Roughly $1.06 trillion were issued through Commercial Paper Funding Facility (CPFF) during the 2008 financial crisis."

Sources Icon

Statistic 8

"Non-financial companies constitute about 20% of commercial paper issuers."

Sources Icon

Statistic 9

"The average maturity date of commercial paper ranges between 1 to 270 days."

Sources Icon

Statistic 10

"90%+ commercial papers are rated prime by credit rating agencies."

Sources Icon

Statistic 11

"70% of the total commercial paper programs are supported by bank liquidity commitments."

Sources Icon

Statistic 12

"The outstanding amount of US nonfinancial commercial paper stood at $43.6 billion as of July 2021."

Sources Icon

Statistic 13

"Foreign banks issued more than $200 billion of U.S. dollar-denominated commercial paper in 2019."

Sources Icon

Statistic 14

"Only 10% of outstanding commercial paper is directly issued to investors."

Sources Icon

Statistic 15

"Asset-backed commercial paper (ABCP) outstanding was $227 billion in 2020, significant considering it was near $4 trillion before the 2008 financial crisis."

Sources Icon

Statistic 16

"In 2020, the commercial paper market in China stood around 79.32 trillion yuan."

Sources Icon

Statistic 17

"Commercial paper debt in Europe amounted to EUR 1,232 billion in Q4 2020."

Sources Icon

Statistic 18

"UK had approximately $30 billion equivalent long-term credit ratings on Commercial Paper programs as of 2020."

Sources Icon

Statistic 19

"Institutional Money Market Funds hold about 36% of outstanding commercial paper."

Sources Icon

Statistic 20

"Since 1990, commercial paper as a portion of corporate cash balances has averaged between 12% to 13% annually."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!