CUSIPs, Trades and Par Value by Security Type
January 2005
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	88,886	89.2%	472,205	82.0%	$98,957,641,013	26.2%	$209,565
Long Note	1,269	1.3%	5,535	1.0%	$5,679,239,740	1.5%	$1,026,060
Short Note	222	0.2%	977	0.2%	$1,187,878,942	0.3%	$1,215,843
Long Variable	219	0.2%	3,026	0.5%	$1,878,887,400	0.5%	$620,915
Short Variable	7,477	7.5%	88,193	15.3%	$248,397,240,032	65.8%	$2,816,519
CP	611	0.6%	1,096	0.2%	$9,600,467,000	2.5%	$8,759,550
Other	955	1.0%	4,615	0.8%	$11,555,951,367	3.1%	$2,503,998
Total	99,639	100%	575,647	100%	$377,257,305,494	100%	$655,362
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	40,766	94.0%	120,987	94.1%	$33,098,727,000	76.7%	$273,573
Long Note	453	1.0%	1,052	0.8%	$644,530,000	1.5%	$612,671
Short Note	53	0.1%	167	0.1%	$126,043,000	0.3%	$754,749
Long Variable	118	0.3%	507	0.4%	$290,275,000	0.7%	$572,535
Short Variable	1,703	3.9%	5,029	3.9%	$7,999,001,000	18.5%	$1,590,575
CP	1	0.0%	2	0.0%	$8,700,000	0.0%	$4,350,000
Other	265	0.6%	825	0.6%	$1,009,218,000	2.3%	$1,223,295
Total	43,359	100%	128,569	100%	$43,176,494,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	87,746	89.1%	351,218	78.6%	$65,858,914,013	19.7%	$187,516
Long Note	1,258	1.3%	4,483	1.0%	$5,034,709,740	1.5%	$1,123,067
Short Note	220	0.2%	810	0.2%	$1,061,835,942	0.3%	$1,310,909
Long Variable	219	0.2%	2,519	0.6%	$1,588,612,400	0.5%	$630,652
Short Variable	7,465	7.6%	83,164	18.6%	$240,398,239,032	72.0%	$2,890,653
CP	611	0.6%	1,094	0.2%	$9,591,767,000	2.9%	$8,767,612
Other	932	0.9%	3,790	0.8%	$10,546,733,367	3.2%	$2,782,779
Total	98,451	100%	447,078	100%	$334,080,811,494	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	80,016	88.9%	250,243	82.0%	$42,604,732,492	23.1%	$170,253
Long Note	1,211	1.3%	3,793	1.2%	$3,375,875,491	1.8%	$890,028
Short Note	209	0.2%	702	0.2%	$762,501,971	0.4%	$1,086,185
Long Variable	203	0.2%	2,138	0.7%	$1,212,491,900	0.7%	$567,115
Short Variable	6,864	7.6%	44,662	14.6%	$123,384,774,259	66.8%	$2,762,634
CP	599	0.7%	775	0.3%	$6,691,328,000	3.6%	$8,633,972
Other	875	1.0%	2,995	1.0%	$6,751,718,525	3.7%	$2,254,330
Total	89,977	100%	305,308	100%	184,783,422,638	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	62,101	89.0%	100,975	71.2%	$23,254,181,521	15.6%	$230,296
Long Note	488	0.7%	690	0.5%	$1,658,834,249	1.1%	$2,404,108
Short Note	49	0.1%	108	0.1%	$299,333,971	0.2%	$2,771,611
Long Variable	164	0.2%	381	0.3%	$376,120,500	0.3%	$987,193
Short Variable	6,339	9.1%	38,502	27.2%	$117,013,464,773	78.4%	$3,039,153
CP	261	0.4%	319	0.2%	$2,900,439,000	1.9%	$9,092,285
Other	374	0.5%	795	0.6%	$3,795,014,842	2.5%	$4,773,604
Total	69,776	100%	141,770	100%	149,297,388,856	100%