CUSIPs, Trades and Par Value by Security Type
November 2003
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	81,302	89.9%	483,775	88.7%	$90,389,773,566	34.0%	$186,843
Long Note	1,514	1.7%	5,390	1.0%	$5,160,249,069	1.9%	$957,375
Short Note	244	0.3%	596	0.1%	$1,206,922,879	0.5%	$2,025,038
Long Variable	230	0.3%	2,454	0.4%	$1,731,014,247	0.7%	$705,385
Short Variable	6,114	6.8%	50,846	9.3%	$154,200,983,187	57.9%	$3,032,706
CP	581	0.6%	911	0.2%	$7,834,582,000	2.9%	$8,599,980
Other	481	0.5%	1,576	0.3%	$5,641,528,553	2.1%	$3,579,650
Total	90,466	100%	545,548	100%	$266,165,053,501	100%	$487,886
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	37,400	97.3%	114,471	98.3%	$31,958,837,000	96.2%	$279,187
Long Note	531	1.4%	974	0.8%	$508,666,000	1.5%	$522,244
Short Note	77	0.2%	104	0.1%	$64,598,000	0.2%	$621,135
Long Variable	71	0.2%	240	0.2%	$112,345,000	0.3%	$468,104
Short Variable	333	0.9%	593	0.5%	$559,844,000	1.7%	$944,088
CP	0	0.0%	0	0.0%	$0	0.0%	-
Other	40	0.1%	68	0.1%	$28,215,000	0.1%	$414,926
Total	38,452	100%	116,450	100%	$33,232,505,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	79,967	89.8%	369,304	86.1%	$58,430,936,566	25.1%	$158,219
Long Note	1,487	1.7%	4,416	1.0%	$4,651,583,069	2.0%	$1,053,348
Short Note	240	0.3%	492	0.1%	$1,142,324,879	0.5%	$2,321,799
Long Variable	227	0.3%	2,214	0.5%	$1,618,669,247	0.7%	$731,106
Short Variable	6,112	6.9%	50,253	11.7%	$153,641,139,187	66.0%	$3,057,353
CP	581	0.7%	911	0.2%	$7,834,582,000	3.4%	$8,599,980
Other	466	0.5%	1,508	0.4%	$5,613,313,553	2.4%	$3,722,356
Total	89,080	100%	429,098	100%	$232,932,548,501	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	72,906	89.9%	271,990	88.6%	$37,286,553,774	27.7%	$137,088
Long Note	1,430	1.8%	3,667	1.2%	$3,059,841,569	2.3%	$834,426
Short Note	235	0.3%	455	0.1%	$783,809,879	0.6%	$1,722,659
Long Variable	215	0.3%	1,834	0.6%	$1,347,102,000	1.0%	$734,516
Short Variable	5,399	6.7%	27,486	9.0%	$83,362,153,687	62.0%	$3,032,895
CP	509	0.6%	651	0.2%	$5,635,579,000	4.2%	$8,656,803
Other	374	0.5%	858	0.3%	$2,997,086,895	2.2%	$3,493,108
Total	81,068	100%	306,941	100%	134,472,126,804	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	56,369	90.0%	97,314	79.7%	$21,144,382,792	21.5%	$217,280
Long Note	464	0.7%	749	0.6%	$1,591,741,500	1.6%	$2,125,156
Short Note	30	0.0%	37	0.0%	$358,515,000	0.4%	$9,689,595
Long Variable	146	0.2%	380	0.3%	$271,567,247	0.3%	$714,651
Short Variable	5,078	8.1%	22,767	18.6%	$70,278,985,500	71.4%	$3,086,879
CP	221	0.4%	260	0.2%	$2,199,003,000	2.2%	$8,457,704
Other	318	0.5%	650	0.5%	$2,616,226,658	2.7%	$4,024,964
Total	62,626	100%	122,157	100%	98,460,421,697	100%