New Issue Component of Bond Trades
August 2004
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 405,701 76.7% $62,531,891,884 65.4%
New Issue Trades 123,283 23.3% $33,115,670,744 34.6%
Total 528,984 100.0% $95,647,562,628 100.0%  $    95.65
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).