CUSIPs, Trades and Par Value by Security Type
March 2004
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	103,074	91.0%	567,745	87.3%	$116,923,647,227	32.1%	$205,944
Long Note	1,910	1.7%	6,568	1.0%	$7,791,873,270	2.1%	$1,186,339
Short Note	367	0.3%	816	0.1%	$955,734,089	0.3%	$1,171,243
Long Variable	324	0.3%	2,932	0.5%	$3,758,218,587	1.0%	$1,281,794
Short Variable	6,333	5.6%	69,129	10.6%	$217,907,354,682	59.7%	$3,152,184
CP	688	0.6%	1,206	0.2%	$9,730,720,000	2.7%	$8,068,590
Other	564	0.5%	2,223	0.3%	$7,647,222,272	2.1%	$3,440,046
Total	113,260	100%	650,619	100%	$364,714,770,127	100%	$560,566
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	47,428	97.5%	142,300	98.3%	$39,087,574,000	96.4%	$274,684
Long Note	622	1.3%	1,265	0.9%	$735,264,000	1.8%	$581,236
Short Note	95	0.2%	132	0.1%	$173,394,000	0.4%	$1,313,591
Long Variable	130	0.3%	408	0.3%	$136,428,000	0.3%	$334,382
Short Variable	306	0.6%	584	0.4%	$354,450,000	0.9%	$606,935
CP	0	0.0%	0	0.0%	$0	0.0%	-
Other	49	0.1%	86	0.1%	$45,735,000	0.1%	$531,802
Total	48,630	100%	144,775	100%	$40,532,845,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	101,620	90.9%	425,445	84.1%	$77,836,073,227	24.0%	$182,952
Long Note	1,882	1.7%	5,303	1.0%	$7,056,609,270	2.2%	$1,330,682
Short Note	360	0.3%	684	0.1%	$782,340,089	0.2%	$1,143,772
Long Variable	322	0.3%	2,524	0.5%	$3,621,790,587	1.1%	$1,434,941
Short Variable	6,331	5.7%	68,545	13.6%	$217,552,904,682	67.1%	$3,173,870
CP	688	0.6%	1,206	0.2%	$9,730,720,000	3.0%	$8,068,590
Other	543	0.5%	2,137	0.4%	$7,601,487,272	2.3%	$3,557,083
Total	111,746	100%	505,844	100%	$324,181,925,127	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	93,061	90.9%	294,602	86.9%	$49,949,366,906	27.4%	$169,549
Long Note	1,813	1.8%	4,219	1.2%	$4,457,041,735	2.4%	$1,056,421
Short Note	354	0.3%	641	0.2%	$633,912,589	0.3%	$988,943
Long Variable	299	0.3%	1,989	0.6%	$2,536,865,314	1.4%	$1,275,448
Short Variable	5,720	5.6%	35,482	10.5%	$112,725,509,628	61.9%	$3,176,977
CP	649	0.6%	886	0.3%	$7,518,357,000	4.1%	$8,485,730
Other	460	0.4%	1,329	0.4%	$4,432,156,013	2.4%	$3,334,956
Total	102,356	100%	339,148	100%	182,253,209,185	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	72,078	91.1%	130,843	78.5%	$27,886,706,321	19.6%	$213,131
Long Note	624	0.8%	1,084	0.7%	$2,599,567,535	1.8%	$2,398,125
Short Note	38	0.0%	43	0.0%	$148,427,500	0.1%	$3,451,802
Long Variable	212	0.3%	535	0.3%	$1,084,925,273	0.8%	$2,027,898
Short Variable	5,569	7.0%	33,063	19.8%	$104,827,395,054	73.9%	$3,170,535
CP	255	0.3%	320	0.2%	$2,212,363,000	1.6%	$6,913,634
Other	344	0.4%	808	0.5%	$3,169,331,259	2.2%	$3,922,440
Total	79,120	100%	166,696	100%	141,928,715,942	100%