New Issue Component of Bond Trades
September 2004
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 367,164 78.2% $66,718,412,759 68.6%
New Issue Trades 102,335 21.8% $30,527,558,252 31.4%
Total 469,499 100.0% $97,245,971,011 100.0%  $    97.25
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).