-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QOk3eNXlSkYUKCz4TXSgbxCCkQrgwcshZYZyWOO4fnryBViswQFPbQmLbjZdgOln JbJYTip+3hzhFKv2RyarFQ== 0001115688-02-000029.txt : 20021230 0001115688-02-000029.hdr.sgml : 20021230 20021230142718 ACCESSION NUMBER: 0001115688-02-000029 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20021031 FILED AS OF DATE: 20021230 EFFECTIVENESS DATE: 20021230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT SUISSE HIGH YIELD BOND FUND CENTRAL INDEX KEY: 0001061353 IRS NUMBER: 134009166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-08777 FILM NUMBER: 02871605 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY 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SIGNATURE PAUL SCHUBERT TITLE TREASURER EX-99.77D POLICIES 3 th82item77d1002.txt INVESTMENT POLICY SUB-ITEM 77D: Policies with respect to security investments Effective February 12, 2002, the fund's investment policy was changed to reflect a change in law, as follows: Under normal market conditions, the fund will invest at least 80% of net assets, plus any borrowings for investment purposes, in high yield bonds (as defined in the fund's original prospectus). The fund's 80% investment policy is non-fundamental and may be changed by the Board of Trustees of the fund to become effective upon at least 60 days' notice to shareholders prior to any such change. EX-99.77O RULE 10F-3 4 th8210f3.txt 10F3 Credit Suisse High Yield Bond Fund Securities Purchases during an Underwriting involving Credit Suisse Aset Management, LLC subject to Rule 10f-3 under the Investment Company Act of 1940. For the period ended October 31, 2002 Portfolio: Credit Suisse High Yield Bond Fund Security: On Semiconductor Copr SEC 144A Date Purchased: 5/1/02 Price Per Share: $96.90 Shares Purchased by the Portfolio *: 1,000 Total Principal Purchased $96,900 % of Offering Purchased by the Portfolio: 0.33333% Broker: Morgan Stanley & Co. Inc. Member: CS First Boston Portfolio: Credit Suisse High Yield Bond Fund Security: IESI Copr 144A W REG/RTS Date Purchased: 6/7/02 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 2,000 Total Principal Purchased $200,000 % of Offering Purchased by the Portfolio: 1.33333% Broker: Salomon Brothers Member: CS First Boston Portfolio: Credit Suisse High Yield Bond Fund Security: Metaldyne Corp. 144A WREG/RTS Date Purchased: 6/13/02 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 1,200 Total Principal Purchased by the Portfolio *: $120,000 % of Offering Purchased by the Portfolio: 0.48000% Broker: Chase Manhattan Bank Member: CS First Boston Portfolio: Credit Suisse High Yield Bond Fund Security: Burns Philip Cap Pty Bond 144A Date Purchased: 6/14/02 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 1,100 Total Principal Purchased by the Portfolio *: $110,000 % of Offering Purchased by the Portfolio: 0.27500% Broker: Toronto dominion Securities Inc. Member: CS First Boston Portfolio: Credit Suisse High Yield Bond Fund Security: Berry Plastics Corp bond 144A Date Purchased: 6/17/02 Price Per Share: $100.00 Shares Purchased by the Portfolio *: 1,100 Total Principal Purchased by the Portfolio *: $110,000 % of Offering Purchased by the Portfolio: 0.44000% Broker: Chase Manhattan Bank Member: CS First Boston EX-99 5 th82item77q3.txt OFFICER CERTIFICATION SUB-ITEM 77Q3 (a)(i) The Principal Executive Officer and Principal Financial Officer concluded that the Registrant's Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report. Laurence R. Smith, the Registrant's Chairman of the Funds, is performing the functions of a Chief Executive Officer. (a)(ii) There were no significant changes in Registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. CERTIFICATIONS I, Michael A. Pignataro, certify that: 1. I have reviewed this report on Form N-SAR of Credit Suisse High Yield Bond Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weakness in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: December 20, 2002 /s/ Michael A. Pignataro Michael A. Pignataro Chief Financial Officer SUB-ITEM 77Q3 CERTIFICATIONS I, Laurence R. Smith, certify that: 1. I have reviewed this report on Form N-SAR of Credit Suisse High Yield Bond Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weakness in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: December 20, 2002 /s/ Laurence R. Smith Laurence R. Smith Chairman of Board of Trustees EX-99.77Q2 ITEM 405 6 th82item77q21002.txt OFFICER CERTIFICATION ADDENEDUM Section 30(h) of the Investment Company Act of 1940, as amended, and Section 16(a) of the Securities Exchange Act of 1934 require that the directors and officers of Credit Suisse High Yield Bond Fund (the "Fund") and persons who own more than ten percent of the Fund's shares file with the Securities and Exchange Commission initial reports of ownership and reports of changes in ownership of shares of the Fund. Specific due dates have been established and the Fund is required to disclose any failure to file by the specific due dates. To the Fund's knowledge,in the fiscal year ended October 31, 2001, the following required reports set forth below were filed late or not filed with respect to the officers of the Fund. a) Hal Liebes: A Form 3 was not timely filed to report his appointment as Senior Vice President of the Fund on July 27, 2001. A Form 5 was filed on December 13, 2002 to report this event. b) Richard Lindquist: A Form 3 was not timely filed to report his appointment as President and Chief Investment Officer of the Fund on July 27, 2001. A Form 5 was filed on December 13, 2002 to report this event. In making this disclosure, the Fund has relied on copies of reports that were furnished to it and written representations of its directors and officers. EX-99.77B ACCT LTTR 7 th82auditletter.txt REPORT OF INDEPENDENT ACCOUNTANTS Report of Independent Accountants To the Trustees and Shareholders of Credit Suisse High Yield Bond Fund In planning and performing our audit of the financial statements of Credit Suisse High Yield Bond Fund (the "Fund") for the year ended October 31, 2002, we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of the Fund is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use or disposition. Because of inherent limitations in internal control, errors or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that controls may become inadequate because of changes in conditions or that the effectiveness of their design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of October 31, 2002. This report is intended solely for the information and use of the Trustees, management and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. PricewaterhouseCoopers LLP Philadelphia, PA December 18, 2002 -----END PRIVACY-ENHANCED MESSAGE-----