New Issue Component of Bond Trades
June 2004
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	508,396	79.1%	$75,278,825,845	68.5%
New Issue Trades	134,447	20.9%	$34,609,742,882	31.5%
Total	642,843	100.0%	$109,888,568,727	100.0%		$  109.89
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).