CUSIPs, Trades and Par Value by Security Type
January 2004
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	94,189	91.0%	524,273	88.2%	$102,784,381,217	33.2%	$196,051
Long Note	1,484	1.4%	5,577	0.9%	$5,729,913,444	1.8%	$1,027,419
Short Note	251	0.2%	740	0.1%	$3,568,334,069	1.2%	$4,822,073
Long Variable	230	0.2%	1,855	0.3%	$1,795,827,453	0.6%	$968,101
Short Variable	6,281	6.1%	59,086	9.9%	$180,987,900,203	58.4%	$3,063,127
CP	575	0.6%	981	0.2%	$7,528,074,000	2.4%	$7,673,878
Other	528	0.5%	2,215	0.4%	$7,441,853,713	2.4%	$3,359,753
Total	103,538	100%	594,727	100%	$309,836,284,099	100%	$520,972
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	44,472	97.7%	133,352	98.3%	$39,463,140,000	94.9%	$295,932
Long Note	465	1.0%	859	0.6%	$650,451,000	1.6%	$757,219
Short Note	68	0.1%	109	0.1%	$218,152,000	0.5%	$2,001,394
Long Variable	103	0.2%	409	0.3%	$157,555,000	0.4%	$385,220
Short Variable	339	0.7%	706	0.5%	$1,042,247,000	2.5%	$1,476,271
CP	0	0.0%	0	0.0%	$0	0.0%	-
Other	69	0.2%	167	0.1%	$59,736,000	0.1%	$357,701
Total	45,516	100%	135,602	100%	$41,591,281,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	92,665	90.9%	390,921	85.1%	$63,321,241,217	23.6%	$161,980
Long Note	1,455	1.4%	4,718	1.0%	$5,079,462,444	1.9%	$1,076,613
Short Note	248	0.2%	631	0.1%	$3,350,182,069	1.2%	$5,309,322
Long Variable	226	0.2%	1,446	0.3%	$1,638,272,453	0.6%	$1,132,969
Short Variable	6,279	6.2%	58,380	12.7%	$179,945,653,203	67.1%	$3,082,317
CP	575	0.6%	981	0.2%	$7,528,074,000	2.8%	$7,673,878
Other	513	0.5%	2,048	0.4%	$7,382,117,713	2.8%	$3,604,550
Total	101,961	100%	459,125	100%	$268,245,003,099	100%
Security Type	Customer Sell Side CUSIPs	% of Total	Sales to Customers	% of Total	Par Value of Sales to Customers	% of Total	Average Size of Sales to Customers
Bond	83,935	90.7%	275,383	87.8%	$39,735,438,708	26.1%	$144,292
Long Note	1,406	1.5%	3,508	1.1%	$3,778,060,435	2.5%	$1,076,984
Short Note	241	0.3%	578	0.2%	$3,105,216,656	2.0%	$5,372,347
Long Variable	205	0.2%	954	0.3%	$1,239,678,453	0.8%	$1,299,453
Short Variable	5,740	6.2%	30,978	9.9%	$94,318,470,181	62.0%	$3,044,692
CP	550	0.6%	707	0.2%	$5,644,515,000	3.7%	$7,983,755
Other	452	0.5%	1,369	0.4%	$4,289,706,281	2.8%	$3,133,460
Total	92,529	100%	313,477	100%	152,111,085,714	100%
Security Type	Customer Buy Side CUSIPs	% of Total	Purchases From Customers	% of Total	Par Value of Purchases From Customers	% of Total	Average Size of Purchases From Customers
Bond	66,164	91.1%	115,538	79.3%	$23,585,802,509	20.3%	$204,139
Long Note	512	0.7%	1,210	0.8%	$1,301,402,009	1.1%	$1,075,539
Short Note	43	0.1%	53	0.0%	$244,965,413	0.2%	$4,621,989
Long Variable	169	0.2%	492	0.3%	$398,594,000	0.3%	$810,150
Short Variable	5,244	7.2%	27,402	18.8%	$85,627,183,022	73.7%	$3,124,852
CP	224	0.3%	274	0.2%	$1,883,559,000	1.6%	$6,874,303
Other	303	0.4%	679	0.5%	$3,092,411,432	2.7%	$4,554,361
Total	72,659	100%	145,648	100%	116,133,917,385	100%