New Issue Component of Bond Trades
February 2004
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 375,075 74.4% $60,826,887,855 61.7%
New Issue Trades 128,921 25.6% $37,775,230,910 38.3%
Total 503,996 100.0% $98,602,118,765 100.0%  $    98.60
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).