New Issue Component of Bond Trades
(July 2000)
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	392,814	85.6%	$61,285,506,432	77.3%
New Issue Trades	66,060	14.4%	$17,963,589,473	22.7%
Total	458,874	100.0%	$79,249,095,905	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).