New Issue Component of Bond Trades
January 2001
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	450,860	89.8%	$89,014,085,044	84.2%
New Issue Trades	51,250	10.2%	$16,640,702,317	15.8%
Total	502,110	100.0%	$105,654,787,361	100.0%
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).