CUSIPs, Trades and Par Value by Security Type
November 2004
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	84,171	89.5%	474,878	83.0%	$85,367,124,892	27.6%	$179,766
Long Note	1,461	1.6%	6,483	1.1%	$7,063,641,291	2.3%	$1,089,564
Short Note	254	0.3%	1,103	0.2%	$1,317,862,117	0.4%	$1,194,798
Long Variable	310	0.3%	3,403	0.6%	$2,484,096,210	0.8%	$729,972
Short Variable	6,917	7.4%	83,308	14.6%	$198,268,122,225	64.2%	$2,379,941
CP	483	0.5%	744	0.1%	$7,648,528,000	2.5%	$10,280,280
Other	490	0.5%	2,144	0.4%	$6,865,348,872	2.2%	$3,202,122
Total	94,086	100%	572,063	100%	$309,014,723,607	100%	$540,176
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	37,984	94.6%	116,543	94.8%	$28,737,409,000	79.2%	$246,582
Long Note	525	1.3%	1,315	1.1%	$632,456,000	1.7%	$480,955
Short Note	73	0.2%	156	0.1%	$134,991,000	0.4%	$865,327
Long Variable	131	0.3%	526	0.4%	$565,566,000	1.6%	$1,075,221
Short Variable	1,362	3.4%	4,209	3.4%	$6,145,274,000	16.9%	$1,460,032
CP	0	0.0%	0	0.0%	$0	0.0%	-
Other	84	0.2%	143	0.1%	$57,341,000	0.2%	$400,986
Total	40,159	100%	122,892	100%	$36,273,037,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	83,121	89.4%	358,335	79.8%	$56,629,715,892	20.8%	$158,036
Long Note	1,449	1.6%	5,168	1.2%	$6,431,185,291	2.4%	$1,244,424
Short Note	253	0.3%	947	0.2%	$1,182,871,117	0.4%	$1,249,072
Long Variable	309	0.3%	2,877	0.6%	$1,918,530,210	0.7%	$666,851
Short Variable	6,909	7.4%	79,099	17.6%	$192,122,848,225	70.4%	$2,428,891
CP	483	0.5%	744	0.2%	$7,648,528,000	2.8%	$10,280,280
Other	465	0.5%	2,001	0.4%	$6,808,007,872	2.5%	$3,402,303
Total	92,989	100%	449,171	100%	$272,741,686,607	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	76,198	89.2%	262,571	83.1%	$37,391,133,085	23.1%	$142,404
Long Note	1,421	1.7%	4,497	1.4%	$4,682,987,139	2.9%	$1,041,358
Short Note	250	0.3%	862	0.3%	$1,086,250,117	0.7%	$1,260,151
Long Variable	282	0.3%	2,306	0.7%	$1,347,104,210	0.8%	$584,174
Short Variable	6,385	7.5%	43,672	13.8%	$107,142,140,011	66.3%	$2,453,337
CP	478	0.6%	564	0.2%	$5,935,586,000	3.7%	$10,524,089
Other	400	0.5%	1,325	0.4%	$4,108,441,179	2.5%	$3,100,710
Total	85,414	100%	315,797	100%	161,693,641,741	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	58,001	89.1%	95,764	71.8%	$19,238,582,807	17.3%	$200,896
Long Note	488	0.7%	671	0.5%	$1,748,198,152	1.6%	$2,605,362
Short Note	36	0.1%	85	0.1%	$96,621,000	0.1%	$1,136,718
Long Variable	221	0.3%	571	0.4%	$571,426,000	0.5%	$1,000,746
Short Variable	5,876	9.0%	35,427	26.6%	$84,980,708,214	76.5%	$2,398,755
CP	149	0.2%	180	0.1%	$1,712,942,000	1.5%	$9,516,344
Other	300	0.5%	676	0.5%	$2,699,566,693	2.4%	$3,993,442
Total	65,071	100%	133,374	100%	111,048,044,866	100%