New Issue Component of Bond Trades
August 2003
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 502,226 74.6% $76,965,057,048 65.2%
New Issue Trades 170,918 25.4% $40,991,733,370 34.8%
Total 673,144 100.0% $117,956,790,418 100.0%  $  117.96
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).