DHY Announces Monthly Dividend.

Business Editors

NEW YORK--(BUSINESS WIRE)--July 2, 2001

Credit Suisse High Yield Bond Fund (NYSE: DHY), a closed-end investment company managed by Credit Suisse Asset Management, LLC ("CSAM"), has declared a dividend of $0.07 per common share of beneficial interest, payable on July 23, 2001 to shareholders of record at the close of business on July 17, 2001. The ex-dividend date is July 13, 2001.

CSAM, the institutional asset management and mutual fund arm of Credit Suisse Group, is a diversified asset manager, handling equity, fixed income, international and derivative based accounts through its offices in 14 countries. CSAM and its affiliates manage approximately $94 billion in the United States and $298 billion globally.