| - | Date | Issuer | Princ. Amt. ($ Mils) | Cpn. | Security Type | Maturity | Offer Price | Yield | BP Sprd. | M | S&P | F | Manager | Gross Sprd. Fee % | Sell-Con. Fee % | Under Writing Fee % | Mgmt. Fee % |
| - | 3/11/04 | AMB Property Corp | 100 | 3.5 | Medium-Term Nts | 3/1/09 | 100 | 3.5 | 85 | Baa1 | NR | BBB | JPM | na | - | - | - |
| - | 3/11/04 | Abbott Laboratories | 500 | 3.75 | Notes | 3/11/11 | 99.854 | 3.774 | 112 | A1 | AA | AA- | MORGAN-STANLEY, ABN-AMRO-INC | na | - | - | - |
| * | 3/11/04 | Abbott Laboratories | 500 | 4.35 | Notes | 3/15/14 | 99.872 | 4.366 | 68 | A1 | AA | AA- | CITIGROUP, MORGAN-STANLEY | na | - | - | - |
| * | 3/11/04 | Allstate Life Global FundingII | 400 | Floats | Mdm-Trm Fl Nts | 4/8/05 | 100 | Floats | - | Aa2 | AA | AA | DEUTSCHE-BK-SEC | na | - | - | - |
| - | 3/11/04 | American General Finance Corp | 500 | 4 | Global MTNs | 3/15/11 | 99.795 | 4.034 | 79 | A1 | A+ | A+ | CITIGROUP, UBS-INV-BANK, WACHOVIA-SEC | na | - | - | - |
| - | 3/11/04 | Bear Stearns Cos Inc | 10 | Floats | Mdm-Trm Fl Nts | 3/20/09 | 100 | Floats | - | A1 | A | A+ | BEAR | na | - | - | - |
| * | 3/11/04 | Beta Finance | 200 | Floats | Mdm-Trm Fl Nts | 10/6/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| - | 3/11/04 | Chelsea Property Group Inc | 100 | 3.5 | Notes | 3/15/09 | 99.534 | 3.603 | 90 | Baa2 | BBB | NR | WACHOVIA-SEC | na | - | - | - |
| - | 3/11/04 | Citigroup Global Markets | 450 | Floats | Mdm-Trm Fl Nts | 3/16/07 | 100 | Floats | - | Aa1 | AA- | AA+ | CITIGROUP | na | - | - | - |
| - | 3/11/04 | Citigroup Global Markets | 300 | Floats | Mdm-Trm Fl Nts | 3/16/06 | 100 | Floats | - | Aa1 | AA- | AA+ | CITIGROUP | na | - | - | - |
| - | 3/11/04 | Deere Capital | 200 | Floats | Mdm-Trm Fl Nts | 3/16/06 | 100 | Floats | - | A3 | A- | A | BA-SEC-LLC, DEUTSCHE-BK-SEC, MERRILL | 0.25 | - | Comb. | Comb. |
| - | 3/11/04 | Lehman Brothers Holdings Inc | 3 | Floats | Mdm-Trm Fl Nts | 4/8/11 | 100 | Floats | - | A1 | A | A+ | LEH | na | - | - | - |
| - | 3/11/04 | Lehman Brothers Holdings Inc | 5 | Floats | Mdm-Trm Fl Nts | 4/8/14 | 100 | Floats | - | A1 | A | A+ | LEH | na | - | - | - |
| * | 3/11/04 | Links Finance Corporation | 100 | Floats | Mdm-Trm Fl Nts | 9/22/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| - | 3/11/04 | Paccar Financial Corp | 150 | Floats | Mdm-Trm Fl Nts | 3/15/06 | 100 | Floats | - | A1 | AA- | NR | CITIGROUP, BARCLAYS-CAP | 0.2 | - | Comb. | Comb. |
| * | 3/11/04 | Pharma Services Co | 219 | Zero | Sr Discount Nts | 4/1/14 | 56.934 | 11.5 | 774 | Caa1 | B | NR | CITIGROUP | na | - | - | - |
| * | 3/11/04 | Sigma Finance Inc | 300 | Floats | Mdm-Trm Fl Nts | 9/26/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| - | 3/11/04 | Standard Pacific Corp | 150 | 5.125 | Senior Notes | 4/1/09 | 100 | 5.125 | 242 | Ba2 | BB | NR | CS-FB-CS | 0.92 | - | Comb. | Comb. |
| - | 3/11/04 | Standard Pacific Corp | 150 | 6.25 | Senior Notes | 4/1/09 | 100 | 6.25 | 249 | Ba2 | BB | NR | CS-FB-CS | 0.92 | - | Comb. | Comb. |
| - | 3/11/04 | Wells Fargo Bank NA | 1,000.00 | Floats | Mdm-Trm Fl Nts | 3/21/05 | 100 | Floats | - | Aaa | AA | NR | JPM | na | - | - | - |
| - | 3/12/04 | BRE Properties Inc | 50 | 3.582 | Medium-Term Nts | 3/17/09 | 100 | 3.582 | 89 | Baa2 | BBB | NR | CS-FB-CS | 0.5 | - | Comb. | Comb. |
| - | 3/12/04 | BRE Properties Inc | 50 | 4.697 | Medium-Term Nts | 3/17/09 | 100 | 4.697 | 201 | Baa2 | BBB | NR | CS-FB-CS | 0.625 | - | Comb. | Comb. |
| - | 3/12/04 | Citigroup Global Markets | 200 | Floats | Mdm-Trm Fl Nts | 3/17/09 | 100 | Floats | - | Aa1 | AA- | AA+ | CITIGROUP | na | - | - | - |
| * | 3/12/04 | Dorada Finance Inc | 45 | Floats | Mdm-Trm Fl Nts | 3/18/05 | 100 | Floats | - | Aaa | AAA | NR | LEH | na | - | - | - |
| - | 3/12/04 | Hawaiian Electric Industries | 50 | 4.23 | Medium-Term Nts | 3/15/11 | 100 | 4.23 | 154 | Baa2 | BBB | NR | GS | 0.6 | - | Comb. | Comb. |
| - | 3/12/04 | Lennar Corp | 250 | Floats | Float Rate Nts | 3/19/09 | 100 | Floats | - | Baa3 | BBB- | NR | BA-SEC-LLC, DEUTSCHE-BK-SEC | na | - | - | - |
| - | 3/12/04 | M&I Marshall & Ilsley Bank | 20 | 4.67 | Mdm-Trm Bk Nts | 3/19/15 | 100 | 4.67 | -18 | Aa3 | A+ | A+ | MERRILL | na | - | - | - |
| - | 3/12/04 | National City Bank,Indiana | 100 | Floats | FR MT Bank Nts | 9/16/05 | 100 | Floats | - | Aa3 | A+ | AA- | CITIGROUP | na | - | - | - |
| - | 3/12/04 | National City Bank,Indiana | 100 | Floats | FR MT Bank Nts | 9/16/05 | 100 | Floats | - | Aa3 | NR | AA- | CITIGROUP | na | - | - | - |
| * | 3/12/04 | Peabody Energy Corp | 250 | 5.875 | Senior Notes | 4/15/16 | 100 | 5.875 | 214 | Ba3 | BB- | NR | MORGAN-STANLEY, CS-FB-CS | na | - | - | - |
| * | 3/12/04 | Team Health Inc | 180 | 9 | Sr Sub Notes | 4/1/14 | 100 | 9 | 526 | B3 | B- | NR | JPM, BA-SEC-LLC, MERRILL | na | - | - | - |
| - | 3/15/04 | Cooper Cameron Corp | 200 | 2.65 | Notes | 4/15/07 | 99.931 | 2.674 | 75 | Baa1 | A- | NR | ABN-AMRO-INC, UBS-INV-BANK | na | - | - | - |
| * | 3/15/04 | Dominion Mtg & Realty Tr | 50 | 3.9 | Notes | 3/15/10 | 99.377 | 4.018 | 105 | Baa3 | BBB | NR | JPM | na | - | - | - |
| * | 3/15/04 | Dominion Mtg & Realty Tr | 50 | 5.13 | Notes | 3/15/14 | 102.451 | 4.818 | 105 | Baa3 | BBB | NR | JPM | na | - | - | - |
| - | 3/15/04 | HSBC Bank USA,Brooklyn,NY | 1,000.00 | 4.625 | Global Notes | 4/1/14 | 99.753 | 4.656 | 90 | A1 | A+ | AA- | HSBC-SECURITIES | na | - | - | - |
| - | 3/15/04 | International Paper Co | 400 | 5.25 | Notes | 4/1/16 | 99.662 | 5.288 | 153 | Baa2 | BBB | NR | CITIGROUP, MORGAN-STANLEY, UBS-INV-BANK | na | - | - | - |
| - | 3/15/04 | International Paper Co | 600 | 4 | Notes | 4/1/10 | 99.913 | 4.016 | 105 | Baa2 | BBB | NR | CITIGROUP, MORGAN-STANLEY, UBS-INV-BANK | na | - | - | - |
| * | 3/15/04 | Jackson National Life Ins Inc | 100 | Floats | Mdm-Trm Fl Nts | 4/1/09 | 100 | Floats | A1 | AA | AA | JPM | na | - | - | - | |
| - | 3/15/04 | Omega Healthcare Investors Inc | 200 | 7 | Senior Notes | 4/1/14 | 100 | 7 | 325 | B2 | BB- | B- | DEUTSCHE-BK-SEC, UBS-INV-BANK, BA-SEC-LLC | na | - | - | - |
| - | 3/15/04 | Potomac Electric Power Co | 100 | 5.75 | Notes | 4/15/34 | 99.924 | 5.755 | 105 | A3 | A- | NR | CS-FB-CS, MERRILL | na | - | - | - |
| - | 3/15/04 | Potomac Electric Power Co | 175 | 4.65 | Notes | 4/15/14 | 99.901 | 4.662 | 90 | A3 | A- | NR | CS-FB-CS, MERRILL | na | - | - | - |
| * | 3/15/04 | Rural Cellular Corp | 350 | 8.25 | Sr Secured Nts | 3/15/12 | 100 | 8.25 | 451 | B2 | B- | NR | LEH, BA-SEC-LLC | na | - | - | - |
| * | 3/15/04 | Rural Cellular Corp | 160 | Floats | Sr Sec Flt Nts | 3/15/10 | 100 | Floats | - | B2 | B- | NR | LEH, BA-SEC-LLC | na | - | - | - |
| - | 3/15/04 | SLM Corp | 25 | Floats | Mdm-Trm Fl Nts | 3/17/14 | 100 | Floats | - | A2 | A | NR | LEH | na | - | - | - |
| - | 3/15/04 | SLM Corp | 60 | Floats | Mdm-Trm Fl Nts | 4/1/14 | 100 | Floats | - | A2 | A | A+ | MERRILL | 1.5 | Comb. | Comb. | - |
| - | 3/15/04 | SLM Corp | 300 | Floats | Mdm-Trm Fl Nts | 4/1/09 | 100 | Floats | - | A2 | A | A+ | BA-SEC-LLC | na | - | - | - |
| - | 3/15/04 | United Dominion Realty Trust | 50 | 3.9 | Mdm-Trm Fl Nts | 3/15/10 | 100 | 3.9 | 105 | Baa3 | BBB | NR | JPM | na | - | - | - |
| - | 3/15/04 | United Dominion Realty Trust | 50 | 5.13 | Medium-Term Nts | 1/15/14 | 100 | 5.13 | 105 | Baa3 | BBB | NR | JPM | na | - | - | - |
| - | 3/16/04 | Countrywide Home Loans Inc | 1,350.00 | 4 | Global Notes | 3/22/11 | 99.589 | 4.068 | 90 | A3 | A | A | BA-SEC-LLC, COUNTRYWIDE-SEC, JPM, LEH | na | - | - | - |
| * | 3/16/04 | Liberty Mutual Insurance Co | 250 | 7 | Notes | 3/15/34 | 98.439 | 7.127 | 242 | Baa3 | BBB | BBB | CITIGROUP, GS, JPM | na | - | - | - |
| * | 3/16/04 | Liberty Mutual Insurance Co | 500 | 5.75 | Notes | 3/15/14 | 99.261 | 5.849 | 207 | Baa3 | BBB | BBB | CITIGROUP, GS, JPM | na | - | - | - |
| - | 3/16/04 | Mellon Funding Corp | 300 | 3.25 | Notes | 4/1/09 | 99.64 | 3.328 | 57 | A1 | A+ | AA- | JPM | na | - | - | - |
| - | 3/16/04 | Nextel Communications Inc | 500 | 5.95 | Senior Notes | 3/15/14 | 97.795 | 6.25 | 249 | B2 | B+ | BB | CS-FB-CS, JPM | na | - | - | - |
| * | 3/17/04 | American Achievement Corp | 150 | 8.25 | Sr Sub Notes | 4/1/12 | 100 | 8.25 | 487 | B3 | B- | NR | GS, DEUTSCHE-BK-SEC | na | - | - | - |
| * | 3/17/04 | Entergy-Latin American Hydro | 100 | 5.5 | Fst Mtg Bonds | 4/1/19 | 99.978 | 5.502 | 180 | Baa2 | BBB+ | NR | BNP-PARIBAS, CITIGROUP | na | - | - | - |
| * | 3/17/04 | Independence Community Bank | 250 | Floats | Sub Notes | 4/1/14 | 99.551 | Floats | 119 | Baa2 | BBB+ | NR | LEH, MERRILL | na | - | - | - |
| - | 3/17/04 | SunTrust Banks Inc,Atlanta,GA | 1,000.00 | Floats | Float Rate Nts | 4/2/06 | 100 | Floats | - | Aa2 | AA- | NR | CITIGROUP, GS | na | - | - | - |
| - | 3/17/04 | SunTrust Banks Inc,Atlanta,GA | 500 | Floats | Float Rate Nts | 4/2/08 | 100 | Floats | - | Aa2 | AA- | NR | JPM, LEH | na | - | - | - |
| - | 3/17/04 | Washington Mutual,Seattle,WA | 750 | 4.625 | Notes | 4/1/14 | 99.389 | 4.702 | 100 | Baa1 | BBB | NR | MORGAN-STANLEY, JPM, LEH | na | - | - | - |
| - | 3/17/04 | Wells Fargo & Co,California | 4,000.00 | Floats | Global FRNs | 3/23/07 | 100 | Floats | - | Aa1 | AA- | AA | CITIGROUP, MORGAN-STANLEY | na | - | - | - |
| - | 3/17/04 | Wells Fargo & Co,California | 1,500.00 | 3.125 | Global Notes | 4/1/09 | 99.843 | 3.159 | 50 | Aa1 | AA- | AA | CITIGROUP, MORGAN-STANLEY | na | - | - | - |
| - | |||||||||||||||||
| Source: Thomson Financial/Securities Data. For more information, call Rich Petersonat (973) 645-9701. | |||||||||||||||||
| BP SPRD. - basis point spread over Treasuries; FLT. SPRD. - basis point spread over floating index; Comb. - fee is combined; NR - not rated; Na - not available; *144A | |||||||||||||||||
| // Manager responsible for running the books; Contains offerings of $2 million or more and includes only the portion of global deals distributed in the U.S.; | |||||||||||||||||
| * More managers, but not listed; JB - joint books; Ý estimated price. |
Financing Record (MARCH 11 -- MARCH 12)
