UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                     ----

                                   FORM 10-K

                       FOR ANNUAL AND TRANSITION REPORTS
                    PURSUANT TO SECTIONS 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934




        (Mark One)

           [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934

           For the fiscal year ended December 31, 2004

                                      or

           [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934

           For the transition period from           to
                                          ---------    --------

                       Commission File Number: 000-50084


                            Core Bond Products LLC
        ---------------------------------------------------------------
            (Exact name of registrant as specified in its charter)

             Delaware                                  06-1646732
----------------------------------      --------------------------------------
(State or Other Jurisdiction,            (I.R.S. Employer Identification No.)
Organization or Incorporation)


       Bank of America Corporate Center
            Charlotte, North Carolina                            28255
---------------------------------------------           ----------------------
  (Address of principal executive offices)                     (Zip Code)

         Registrant's telephone number, including area code:  (704) 386-7484

Securities registered pursuant to Section 12(b) of the Act:

           Title of Each Class          Name of Exchange on Which Registered
           -------------------          ------------------------------------

                  None                                 None

Securities registered pursuant to Section 12(g) of the Act:

 Core Investment Grade Bond Trust I, Pass-Through Certificates, Series 2002-1
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                               (Title of Class)

<PAGE>


Indicate by check mark whether the registrant: (1) Has filed all reports
required to be filed by section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes  [X]          No  [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to
this Form 10-K. [X]

Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act).
Yes  [ ]         No   [X]

State the aggregate market value of the voting stock held by non-affiliates of
the registrant: The registrant has no voting stock or class of common stock
outstanding as of the date of this report.



                      DOCUMENTS INCORPORATED BY REFERENCE

None

                               Introductory Note

Core Bond Products LLC (the "Registrant") is the depositor (the "Depositor")
under the trust agreement among the Depositor, The Bank of New York, as
trustee and securities intermediary (the "Trustee"), and Banc of America
Securities LLC, as administrative agent (the "Administrative Agent"),
providing for the issuance of Pass-Through Certificates, Series 2002-1 (the
"Certificates"), by Core Investment Grade Bond Trust I, a New York common law
trust (the "Trust"). The Certificates do not represent obligations of or
interests in the Depositor, the Trustee or the Administrative Agent.

                                    PART I

Item 1.   Business.
------------------
          Not Applicable

Item 2.   Properties.
---------------------
          Not Applicable

Item 3.   Legal Proceedings.
----------------------------
          None

Item 4.   Submission of Matters To A Vote of Security Holders.
--------------------------------------------------------------
          None

                                    PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters.
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         The Certificates evidence interests in the Trust and are represented
by global securities registered in the name of "Cede & Co.," the nominee of
The Depository Trust Company. The Certificates are not listed on any United
States securities exchange. To the best of the Registrant's knowledge, there
is no public trading market for the Certificates in the United States.

Item 6.   Selected Financial Data.
----------------------------------
          Not Applicable



<PAGE>



Item 7.   Management's Discussion and Analysis of Financial Condition and
-------------------------------------------------------------------------
          Results of Operations.
          ----------------------
          Not Applicable

Item 7A.  Quantitative and Qualitative Disclosures About Market Risk.
---------------------------------------------------------------------
          Not Applicable

Item 8.   Financial Statements and Supplementary Data.
------------------------------------------------------
          Not Applicable

Item 9.   Changes In and Disagreements With Accountants on Accounting and
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          Financial Disclosure.
          ---------------------
          Not Applicable

Item 9A.  Controls and Procedures.
----------------------------------
          Not Applicable

                                   PART III

Item 10.  Directors and Executive Officers of the Registrant.
-------------------------------------------------------------
          Not Applicable

Item 11.  Executive Compensation.
---------------------------------
          Not Applicable

Item 12.  Security Ownership of Certain Beneficial Owners and Management and
----------------------------------------------------------------------------
          Related Stockholder Matters.
          ----------------------------
          Information required by Item 201(d) of Regulation S-K: None
          Information required by Item 403 of Regulation S-K: None

Item 13.  Certain Relationships and Related Transactions.
---------------------------------------------------------
          None

Item 14.  Principal Accountant Fees and Services.
-------------------------------------------------
          Not Applicable



<PAGE>


                                    PART IV

Item 15.  Exhibits, Financial Statements, Schedules and Reports on Form 8-K.
----------------------------------------------------------------------------

         (a)    The following documents are filed as a part of this report:

                Exhibits:

                99.1     Certification by President and Chief Executive
                         Officer of the Registrant pursuant to 15 U.S.C.
                         Section 7241, as adopted pursuant to Section 302 of
                         the Sarbanes Oxley Act of 2002.

                99.2     Trustee's compliance report by Trustee pursuant to
                         15 U.S.C. 7241.

         (b)     The following reports on Form 8-K were filed during the
                 period covered by this report and are hereby incorporated by
                 reference:

                 Trustee's statement to certificate holders of Core
                 Investment Grade Bond Trust I Pass-Through Certificates,
                 Series 2002-1, in respect of the distribution made on May
                 30, 2004, as filed with the Securities and Exchange
                 Commission on June 9, 2004.

                 Trustee's statement to certificate holders of Core
                 Investment Grade Bond Trust I Pass-Through Certificates,
                 Series 2002-1, in respect of the distribution made on
                 November 30, 2004, as filed with the Securities and Exchange
                 Commission on December 8, 2004.

         (c)     None

         (d)     None


<PAGE>


                                   SIGNATURE

        Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                               Core Bond Products LLC (as Depositor)



                               By: /s/  Corey B. Pinkston
                                   ------------------------------------------
                               Name:    Corey B. Pinkston
                               Title:   President and Chief Executive Officer
                               Date:    March 21, 2005