New Issue Component of Bond Trades
July 2003
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	472,269	70.8%	$73,476,292,881	60.3%
New Issue Trades	194,447	29.2%	$48,284,409,066	39.7%
Total	666,716	100.0%	$121,760,701,947	100.0%		$  121.76
New issue trades are trades where the difference between the trade date and the dated date is less than or equal to 4 weeks (28 days).