CUSIPs, Trades and Par Value by Security Type
September 2004
Security Type	CUSIPs	% of Total	Trades	% of Total	Par Value	% of Total	Average Size All Trades
Bond	84,740	89.1%	469,499	83.0%	$97,245,971,011	28.6%	$207,127
Long Note	1,608	1.7%	7,577	1.3%	$8,960,570,693	2.6%	$1,182,601
Short Note	295	0.3%	3,849	0.7%	$7,406,821,641	2.2%	$1,924,350
Long Variable	277	0.3%	2,921	0.5%	$2,486,124,933	0.7%	$851,121
Short Variable	7,027	7.4%	79,201	14.0%	$206,001,759,869	60.7%	$2,600,999
CP	595	0.6%	978	0.2%	$10,101,522,000	3.0%	$10,328,755
Other	576	0.6%	1,954	0.3%	$7,287,425,552	2.1%	$3,729,491
Total	95,118	100%	565,979	100%	$339,490,195,699	100%	$599,828
Security Type	Inter-Dealer CUSIPs	% of Total	Inter-Dealer Trades	% of Total	Inter-Dealer Par	% of Total	Inter-Dealer Average Size
Bond	38,207	94.7%	116,217	95.0%	$30,544,323,000	75.7%	$262,821
Long Note	554	1.4%	1,252	1.0%	$1,056,372,000	2.6%	$843,748
Short Note	99	0.2%	432	0.4%	$2,281,445,000	5.7%	$5,281,123
Long Variable	136	0.3%	589	0.5%	$269,783,000	0.7%	$458,036
Short Variable	1,279	3.2%	3,678	3.0%	$5,682,055,000	14.1%	$1,544,876
CP	1	0.0%	1	0.0%	$21,581,000	0.1%	$21,581,000
Other	63	0.2%	138	0.1%	$513,490,000	1.3%	$3,720,942
Total	40,339	100%	122,307	100%	$40,369,049,000	100%
Security Type	Customer CUSIPs	% of Total	Customer Trades	% of Total	Customer Par	% of Total	Customer Average Size
Bond	83,802	89.0%	353,282	79.6%	$66,701,648,011	22.3%	$188,806
Long Note	1,590	1.7%	6,325	1.4%	$7,904,198,693	2.6%	$1,249,676
Short Note	281	0.3%	3,417	0.8%	$5,125,376,641	1.7%	$1,499,964
Long Variable	276	0.3%	2,332	0.5%	$2,216,341,933	0.7%	$950,404
Short Variable	7,021	7.5%	75,523	17.0%	$200,319,704,869	67.0%	$2,652,433
CP	595	0.6%	977	0.2%	$10,079,941,000	3.4%	$10,317,237
Other	573	0.6%	1,816	0.4%	$6,773,935,552	2.3%	$3,730,141
Total	94,138	100%	443,672	100%	$299,121,146,699	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	76,608	89.2%	249,497	82.6%	$41,039,689,165	24.9%	$164,490
Long Note	1,541	1.8%	5,133	1.7%	$5,930,091,910	3.6%	$1,155,288
Short Note	275	0.3%	3,365	1.1%	$4,968,338,641	3.0%	$1,476,475
Long Variable	251	0.3%	1,693	0.6%	$1,304,694,933	0.8%	$770,641
Short Variable	6,255	7.3%	40,688	13.5%	$101,150,993,770	61.4%	$2,486,015
CP	524	0.6%	657	0.2%	$6,635,901,000	4.0%	$10,100,306
Other	460	0.5%	1,012	0.3%	$3,820,245,914	2.3%	$3,774,947
Total	85,914	100%	302,045	100%	164,849,955,333	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	61,579	89.1%	103,785	73.3%	$25,661,958,846	19.1%	$247,261
Long Note	529	0.8%	1,192	0.8%	$1,974,106,783	1.5%	$1,656,130
Short Note	41	0.1%	52	0.0%	$157,038,000	0.1%	$3,019,962
Long Variable	210	0.3%	639	0.5%	$911,647,000	0.7%	$1,426,678
Short Variable	6,112	8.8%	34,835	24.6%	$99,168,711,099	73.9%	$2,846,812
CP	274	0.4%	320	0.2%	$3,444,040,000	2.6%	$10,762,625
Other	393	0.6%	804	0.6%	$2,953,689,638	2.2%	$3,673,743
Total	69,138	100%	141,627	100%	134,271,191,366	100%