Issues, Trades and Par Value by Issue Type
(May 1998 - April 1999)
Issue Type	Issues	% of Total	Trades	% of Total	Par Value	% of Total	Average Size
Bond	419,172	89.5%	5,528,546	91.7%	$1,113,067,766,491	44.3%	$201,331
Long Note	13,351	2.8%	59,789	1.0%	$63,480,374,738	2.5%	$1,061,740
Short Note	3,238	0.7%	11,647	0.2%	$19,242,067,642	0.8%	$1,652,105
Long Variable	515	0.1%	6,788	0.1%	$6,795,147,180	0.3%	$1,001,053
Short Variable	16,434	3.5%	382,388	6.3%	$1,134,718,441,626	45.1%	$2,967,453
CP	11,361	2.4%	18,428	0.3%	$117,832,410,000	4.7%	$6,394,205
Other	4,501	1.0%	23,959	0.4%	$59,344,592,172	2.4%	$2,476,923
Total	468,572	100.0%	6,031,545	100.0%	$2,514,480,799,849	100.0%	$416,888
Issue Type	Inter-Dealer Trades	Inter-Dealer Average Trade Size	Customer Trades	Customer Average Trade Size	Sales to Customers	Average Trade Size of Sales to Customers	Purchases from Customers	Average Trade Size of Purchases from Customers
Bond	1,178,610	$306,526	4,349,936	$172,828	3,094,518	$149,170	1,255,418	$231,146
Long Note	10,954	$590,126	48,835	$1,167,526	36,753	$979,528	12,082	$1,739,410
Short Note	1,750	$1,055,075	9,897	$1,757,673	7,847	$1,432,725	2,050	$3,001,508
Long Variable	1,082	$573,700	5,706	$1,082,090	4,051	$1,043,460	1,655	$1,176,645
Short Variable	3,308	$768,430	379,080	$2,986,643	203,149	$3,080,102	175,931	$2,878,724
CP	0	N/A	18,428	$6,394,205	14,177	$6,310,784	4,251	$6,672,412
Other	1,069	$834,301	22,890	$2,553,636	13,749	$2,496,870	9,141	$2,639,017
Total Issues Not Traded	1,031,428
Total Issues Traded	468,572
Total Outstanding Issues	1,500,000
Other category includes CMOs, trusts, forwards, options, swaps, and insufficiently identified, invalid or non-municipal CUSIPs