New Issue Component of Bond Trades
April 2003
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	408,626	71.2%	$61,257,131,733	57.1%
New Issue Trades	165,528	28.8%	$46,064,575,164	42.9%
Total	574,154	100.0%	$107,321,706,897	100.0%		$  107.32
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).