New Issue Component of Bond Trades
June 2003
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	406,379	69.1%	$59,728,021,918	46.9%
New Issue Trades	181,535	30.9%	$67,583,111,111	53.1%
Total	587,914	100.0%	$127,311,133,029	100.0%		$  127.31
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).