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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (42466)	7/29/1999 11:18:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

Thursday July 29, 10:59 pm Eastern Time CSFB Sec banned from JGB auctions Aug 5-Sept 4-MOF TOKYO, July 30 (Reuters) - The Tokyo branch of Credit Suisse First Boston Securities (Japan) Ltd will be banned from participating in Japanese government bond auctions from August 5 to September 4, the Ministry of Finance said. The ministry said in a statement released late on Thursday it will also ban CSFB from underwriting government bonds in the same period. CSFB Securities' share in the JGB underwriting syndicate was 0.4873 percent, the ministry said. The ban followed an announcement by Japan's Financial Revitalisation Commission which said on Thursday it would revoke the banking licence of Credit Suisse Group's derivatives unit for obstructing official investigations and offering inappropriate products to clients.