CUSIPs, Trades and Par Value by Security Type
June 2004
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	98,887	90.5%	642,843	87.9%	$109,888,568,727	28.9%	$170,942
Long Note	1,739	1.6%	7,276	1.0%	$15,386,651,548	4.0%	$2,114,713
Short Note	264	0.2%	734	0.1%	$2,277,362,922	0.6%	$3,102,674
Long Variable	313	0.3%	5,054	0.7%	$5,577,708,359	1.5%	$1,103,623
Short Variable	6,917	6.3%	72,466	9.9%	$232,397,606,527	61.1%	$3,206,988
CP	561	0.5%	923	0.1%	$8,818,151,000	2.3%	$9,553,793
Other	608	0.6%	1,803	0.2%	$6,299,531,700	1.7%	$3,493,917
Total	109,289	100%	731,099	100%	$380,645,580,783	100%	$520,648
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	46,322	96.8%	147,442	97.4%	$34,533,658,000	85.4%	$234,219
Long Note	576	1.2%	1,262	0.8%	$1,615,121,000	4.0%	$1,279,811
Short Note	58	0.1%	86	0.1%	$252,682,000	0.6%	$2,938,163
Long Variable	140	0.3%	807	0.5%	$881,010,000	2.2%	$1,091,710
Short Variable	737	1.5%	1,662	1.1%	$3,146,341,000	7.8%	$1,893,105
CP	0	0.0%	0	0.0%	$0	0.0%	-
Other	35	0.1%	50	0.0%	$18,515,000	0.0%	$370,300
Total	47,868	100%	151,309	100%	$40,447,327,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	97,920	90.4%	495,401	85.4%	$75,354,910,727	22.2%	$152,109
Long Note	1,727	1.6%	6,014	1.0%	$13,771,530,548	4.0%	$2,289,912
Short Note	263	0.2%	648	0.1%	$2,024,680,922	0.6%	$3,124,508
Long Variable	310	0.3%	4,247	0.7%	$4,696,698,359	1.4%	$1,105,886
Short Variable	6,917	6.4%	70,804	12.2%	$229,251,265,527	67.4%	$3,237,829
CP	561	0.5%	923	0.2%	$8,818,151,000	2.6%	$9,553,793
Other	599	0.6%	1,753	0.3%	$6,281,016,700	1.8%	$3,583,010
Total	108,297	100%	579,790	100%	$340,198,253,783	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	91,078	90.5%	369,153	88.2%	$46,714,553,973	23.7%	$126,545
Long Note	1,668	1.7%	5,314	1.3%	$11,376,288,088	5.8%	$2,140,814
Short Note	257	0.3%	590	0.1%	$1,528,815,953	0.8%	$2,591,213
Long Variable	291	0.3%	3,283	0.8%	$3,758,317,359	1.9%	$1,144,781
Short Variable	6,284	6.2%	38,401	9.2%	$123,292,026,877	62.5%	$3,210,646
CP	532	0.5%	705	0.2%	$7,011,638,000	3.6%	$9,945,586
Other	497	0.5%	1,091	0.3%	$3,618,720,281	1.8%	$3,316,884
Total	100,607	100%	418,537	100%	197,300,360,531	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	71,288	90.8%	126,248	78.3%	$28,640,356,754	20.0%	$226,858
Long Note	503	0.6%	700	0.4%	$2,395,242,460	1.7%	$3,421,775
Short Note	46	0.1%	58	0.0%	$495,864,969	0.3%	$8,549,396
Long Variable	245	0.3%	964	0.6%	$938,381,000	0.7%	$973,424
Short Variable	5,943	7.6%	32,403	20.1%	$105,959,238,650	74.2%	$3,270,044
CP	180	0.2%	218	0.1%	$1,806,513,000	1.3%	$8,286,757
Other	340	0.4%	662	0.4%	$2,662,296,419	1.9%	$4,021,596
Total	78,545	100%	161,253	100%	142,897,893,252	100%