Monthly review for commercial paper and medium-term note market - September 2024

Published on the 16th of October 2024

Total outstanding on the NEU CP and NEU MTN market stood at €358.6 bn in September 2024 (+€19.7 bn year-on-year). This increase is attributable to the NEU CP segment (+€21.6 bn year-on-year), which accounts for almost 89% of total outstanding. Outstanding in the NEU MTN segment fell by €1.9 bn year-on-year to €40.4 bn at the end of September 2024.
In September 2024, NEU CP issuance was up across all issuer categories. In the financial sector (including ABCP issuers), issuance totaled €95.3 bn, compared with €88.3 bn the previous month. In the non-financial (corporate) sector, they came to €24.4 bn, compared with €17.2 bn in August 2024.
In terms of issuance conditions, September saw a fall in issue yields across all maturities for all categories of issuers.

Updated on the 16th of October 2024

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