DHY Announces Monthly Dividend.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 1, 2003

The Board of Trustees of 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 $0.0475 per share of common stock payable on April 21, 2003 to shareholders on record as of April 15, 2003. The ex-dividend date is April 11, 2003.

CSAM would like to remind shareholders that a portion of the Fund's fiscal year 2003 dividend may be a return of capital and that such determination cannot be made until the fiscal year end. The Fund's Board of Trustees periodically assesses the level of the Fund's monthly distributions for its continued appropriateness in light of the Fund's investment experience.

CSAM, the Fund's investment adviser, is part of Credit Suisse Asset Management, the institutional and mutual fund asset-management arm of Credit Suisse First Boston. As of December 31, 2002, CSAM managed over $52.8 billion in the U.S. and, together with its global affiliates, managed assets of over $297.4 billion in 14 countries.