New Issue Component of Bond Trades
April 2001
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 422,602 81.2% $53,742,841,470 68.4%
New Issue Trades 98,144 18.8% $24,820,645,734 31.6%
Total 520,746 100.0% $78,563,487,204 100.0%  $    78.56
New issue trades are trades where the difference between the trade date and the dated date is less than or equal to 4 weeks (28 days).