RATINGS SIZE (M) TICKER DESCRIPTION COUPON

Aaa/AAA 268 GE GENERAL ELEC CAP CORP 6.750

Aa1/AA- 300 C ASSOCIATES CORP NA 5.750
Aa1/AA- 3343 C ASSOCIATES CORP NA 5.750
A1/A+ 368 ULVR UNILEVER CAPITAL CORP 6.750
Aa1/AA- 500 C CITIGROUP GLOBAL MARKETS 6.625
Baa3/BBB- 200 SWY SAFEWAY INC 9.650
Aa3/A+ 250 MWD MORGAN STANLEY 5.625
A2/A- 1000 FBF FLEETBOSTON FINL CORP 6.625
Aa1/AA- 103 C CITIGROUP GLOBAL MARKETS 7.200
A1/A+ 277 JPM MORGAN JP & CO INC 5.750
A1/A+ 300 MEL MELLON FUNDING CORP 6.000
Aa2/A+ 120 BAC BANK OF AMERICA CORP 5.750
Aa1/AA- 760 C CITIGROUP GLOBAL MARKETS 7.000
Baa2/BBB+ 200 T AT&T CORP 6.375
Aa2/A+ 155 C CITICORP 7.125
Aaa/AAA 500 GE HELLER FINANCIAL INC 6.000
A2/A 128 LEH LEHMAN BROTHERS HOLDINGS 6.625
Aaa/AAA 400 LBW LB BADEN-WUERTTEMBERG 7.875
A3/A- 148 COP CONOCO INC 5.900
A2/A 650 HSBC HOUSEHOLD FINANCE CORP 6.000
Baa1/BBB+ 2280 MAS MASCO CORP 6.000
Aaa/AAA 231 GE GENERAL ELEC CAP CORP 7.250
Aa2/AA 185 WMT WAL-MART STORES 7.500
Aa3/A+ 130 MER MERRILL LYNCH & CO 1.640
A1/AA- 950 AIG INTL LEASE FINANCE CORP 5.500
A3/A 4410 CFC COUNTRYWIDE HOME LOAN 5.250
Aa2/A+ 3085 BAC BANK OF AMERICA CORP 6.625
Aa3/A 887 BAC BANK OF AMERICA CORP 7.625
A3/A 298 CFC COUNTRYWIDE HOME LOAN 6.850
A2/A+ 140 DIAG DIAGEO CAPITAL PLC 6.625
Aa3/AA 4500 ABT ABBOTT LABORATORIES 5.125
Baa1/A- 500 SRE SEMPRA ENERGY 6.925
A3/A 250 PL PROTECTIVE LIFE 7.950
A1/AA- 232 SBC PACIFIC BELL 7.000
A1/A+ 200 NRUC NATIONAL RURAL UTILITIES 5.250
Aa3/A+ 635 MER MERRILL LYNCH & CO 6.550
A2/A 300 CCE COCA-COLA ENTERPRISES 6.625
A2/A 132 HSBC HOUSEHOLD FINANCE CORP 8.000
Aa2/AA 838 WMT WAL-MART STORES 6.550
Aa3/A 290 WB WACHOVIA CORP0RATION 7.100
Baa3/BBB 200 AHC AMERADA HESS CORP 5.300
A2/A 185 TXN TEXAS INSTRUMENTS INC 7.000
Baa2/BBB 525 CAG CONAGRA FOODS INC 7.400
 A1/A 270 PEP PEPSICO INC 4.500
A3/BBB+ 100 DCX DAIMLERCHRYSLER NA HLDG 3.500
Aa1/AA- 790 C CITIGROUP GLOBAL MARKETS 6.375
Baa2/BBB 225 MO ALTRIA GROUP INC 7.125
Aa2/A+ 140 WFC WELLS FARGO & COMPANY 1.350
A1/AA- 484 SBC AMERITECH CAPITAL FUNDNG 6.300
Aa3/AA- 168 DD E.I. DU PONT DE NEMOURS 6.750
A1/A+ 105 NRUC NATIONAL RURAL UTILITIES 6.375
Aa3/A 120 WB WACHOVIA CORP0RATION 6.950
A2/A+ 115 UTX UNITED TECHNOLOGIES CORP 6.625
MATURITY SPREAD BENCHMARK CUSIP
9/11/2003 L-3 T 2 3/4 09/03 36962GVF8
10/15/2003 L-1 T 2 3/4 10/03 046003EQ8
11/1/2003 L-2 T 3 11/30/03 046003JS9
11/1/2003 L-2 T 3 11/30/03 904764AE7
11/15/2003 L+flat T 3 11/30/03 79549BCC9
1/15/2004 L+75 T 3 01/31/04 786514AF6
1/20/2004 L+1 T 3 01/31/04 617446DE6
2/1/2004 L+5 T 3 02/29/04 060716BR7
2/1/2004 L+4 T 3 02/29/04 79549BBE6
2/25/2004 L+5 T 3 02/29/04 616880BT6
3/1/2004 L+7 T 3 5/8 03/04 585510CF5
3/1/2004 L+3 T 3 5/8 03/04 06606NAH7
3/15/2004 L+3 T 3 5/8 03/04 79549BCD7
3/15/2004 L+100 T 3 5/8 03/04 001957BE8
3/15/2004 L+4 T 3 5/8 03/04 173034GK9
3/19/2004 L-3 T 3 5/8 03/04 423328BJ1
4/1/2004 L+5 T 3 3/8 04/04 524908BZ2
4/15/2004 L-2 T 3 3/8 04/04 514886AB6
4/15/2004 L+8 T 3 3/8 04/04 208251AC2
5/1/2004 L+7 T 3 1/4 05/04 441812GF5
5/3/2004 L+15 T 3 1/4 05/04 574599AV8
5/3/2004 L-2 T 3 1/4 05/04 36962GUR3
5/15/2004 L+1 T 3 1/4 05/04 931142AV5
5/21/2004 DM+5 59018YJN2
6/7/2004 L+40 T2 7/8 06/04 45974VYB8
6/15/2004 L+10 T2 7/8 06/04 22237LLD2
6/15/2004 L-1 T2 7/8 06/04 066050CW3
6/15/2004 L+5 T2 7/8 06/04 066050CC7
6/15/2004 L+20 T2 7/8 06/04 22237UAB8
6/24/2004 L+10 T2 7/8 06/04 25243YAB5
7/1/2004 5 T2 1/4 07/04 002824AL4
7/1/2004 75 T1 5/8 04/05 816851AD1
7/1/2004 30 T1 5/8 04/05 743674AA1
7/15/2004 5 T1 5/8 01/05 694032AM5
7/15/2004 5 T1 5/8 04/05 637432CR4
8/1/2004 10 T2 1/8 08/04 590188HW1
8/1/2004 10 T2 1/8 08/04 191219BA1
8/1/2004 25 T1 5/8 04/05 441812FG4
8/10/2004 8 T2 1/8 08/04 931142BD4
8/15/2004 0 T1 5/8 04/05 337358DB8
8/15/2004 60 T2 1/8 08/04 023551AK0
8/15/2004 40 T2 1/8 08/04 882508AN4
9/15/2004 65 T1 5/8 04/05 205887AD4
 9/15/2004 10 T1 7/8 09/04 713448BE7
9/15/2004 75 T1 5/8 04/05 2338E8JJ9
10/1/2004 18 T2 1/8 10/04 79549BCE5
10/1/2004 $103 1/2 T1 5/8 04/05 718154BW6
10/1/2004 DM+3 949746CP4
10/15/2004 10 T1 5/8 01/05 030955AH1
10/15/2004 -5 T1 5/8 04/05 263534BH1
10/15/2004 20 T1 1/2 02/05 637432BY0
11/1/2004 10 T1 5/8 04/05 337358DD4
11/15/2004 10 T1 5/8 04/05 913017BB4