New Issue Component of Bond Trades
December 2003
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	413,538	74.6%	$67,085,586,476	66.4%
New Issue Trades	141,115	25.4%	$33,903,393,678	33.6%
Total	554,653	100.0%	$100,988,980,154	100.0%		$  100.99
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).