New Issue Component of Bond Trades
May 2005
Trade Type Trades % of Total Par Value % of Total
Other Bond Trades 369,615 74.8% $61,937,538,262 57.9%
New Issue Trades 124,194 25.2% $45,048,884,920 42.1%
Total 493,809 100.0% $106,986,423,182 100.0%  $  106.99
Text Box: 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).