New Issue Component of Bond Trades
January 2004
Trade Type	Trades	% of Total	Par Value	% of Total
Other Bond Trades	427,274	81.5%	$74,019,198,395	72.0%
New Issue Trades	96,999	18.5%	$28,765,182,822	28.0%
Total	524,273	100.0%	$102,784,381,217	100.0%		$  102.78
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).