30-Day AA Nonfinancial Commercial Paper Interest Rate
Daily
DCPN30 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.27
Year-over-Year Change
-0.70%
Date Range
10/8/2021 - 8/7/2025
Summary
The DCPN30 series tracks daily commercial paper outstanding, providing a real-time snapshot of short-term corporate borrowing in the U.S. financial markets. This metric is crucial for understanding corporate liquidity and credit market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Commercial paper represents unsecured, short-term debt instruments issued by corporations to finance immediate operational needs. The daily tracking allows economists and investors to monitor rapid changes in corporate borrowing and potential financial market stress.
Methodology
Data is collected directly from financial institutions and corporate issuers, aggregating the total value of commercial paper outstanding on a daily basis.
Historical Context
Policymakers and Federal Reserve analysts use this trend to assess corporate financial health and potential economic pressures. It serves as an early indicator of corporate financial strategies and broader economic sentiment.
Key Facts
- Represents daily outstanding commercial paper in the U.S.
- Provides real-time insight into corporate borrowing trends
- Reflects short-term corporate financial strategies
- Monitored closely by economists and financial analysts
FAQs
Q: What is commercial paper?
A: Commercial paper is an unsecured, short-term debt instrument issued by corporations to fund immediate operational needs, typically with maturities ranging from a few days to several months.
Q: Why is daily commercial paper tracking important?
A: Daily tracking helps identify rapid changes in corporate borrowing, providing insights into financial market conditions and potential economic pressures.
Q: How does commercial paper differ from long-term corporate bonds?
A: Commercial paper is short-term and typically has lower interest rates compared to long-term bonds, offering corporations a quick and flexible financing option.
Q: Who uses DCPN30 data?
A: Economists, financial analysts, policymakers, and investors use this data to assess corporate financial health and broader economic trends.
Q: Can commercial paper volumes indicate economic health?
A: Yes, changes in commercial paper volumes can signal corporate confidence, liquidity conditions, and potential economic challenges or opportunities.
Related Trends
90-Day AA Asset-Backed Commercial Paper Interest Rate
RIFSPPAAAD90NB
7-Day AA Financial Commercial Paper Interest Rate
RIFSPPFAAD07NB
90-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D90NB
30-Day AA Financial Commercial Paper Interest Rate
DCPF1M
60-Day AA Asset-Backed Commercial Paper Interest Rate
RIFSPPAAAD60NB
30-Day AA Asset-Backed Commercial Paper Interest Rate
RIFSPPAAAD30NB
Citation
U.S. Federal Reserve, Daily [DCPN30], retrieved from FRED.
Last Checked: 8/1/2025