FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RAPPAPORT STEVEN N
2. Issuer Name and Ticker or Trading Symbol

CREDIT SUISSE HIGH YIELD BOND FUND [ DHY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
Trustee
(Last)          (First)          (Middle)

RZ CAPITAL LLC, 555 MADISON AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/18/2010
(Street)

NEW YORK, NY 10022
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common shares   10/18/2010     J    15000   (2) A $2.72   103269.27   D    
common shares   10/21/2010     J    15000   (2) A $2.72   133269.27   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Subscription Rights (Right to Buy)   $2.72   (1) 10/18/2010     P      15000   (3)      9/13/2010   10/15/2010   common shares   118269.27   $0   0   D    
Subscription Rights (Right to buy)   $2.72   (1) 10/21/2010     P      14573   (3)      9/13/2010   10/15/2010   common shares   147842.27   (3) $0   0   D    

Explanation of Responses:
( 1)  The transferable rights offering commenced on September 13, 2010 and expired on October 15, 2010. The subscription price was $2.72 per share and was determined based upon a formula equal to 92.5% of the average of the last reported sales price of the Fund's common shares on the NYSE Amex on the expiration date and each of the four preceding trading days.
( 2)  Represents 15,000 shares subscribed for by the Reporting Person pursuant to an over-subscription priviledge under the rights offering referenced herein. Shareholders as of the rights offering's record date (the "Record Date Shareholders") who exercised all rights issued to them were entitled to subsribe for additional common shares at the subscription price. If sufficent common shares are not available to honor all over-sbscription requests, available common shares will be allocated pro rata among the Record Date Shareholders who over-subscribe, based on the number of rights issued to them by the Issuer on the record date.
( 3)  The subscription rights entitle the holder to purchase one new common share for every three rights held (1-for-3).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
RAPPAPORT STEVEN N
RZ CAPITAL LLC
555 MADISON AVENUE
NEW YORK, NY 10022



Trustee

Signatures
/s/Karen Regan, as attorney-in-fact 11/1/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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