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Published on 2/6/2007 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $9.141 million of 0% notes linked to eight currencies

By Jennifer Chiou

New York, Feb. 6 - Credit Suisse (USA), Inc. priced a $9.141 million issue of 0% securities due July 29, 2008 linked to a basket of eight currencies, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Thai baht/dollar, Chinese yuan/dollar, Singapore dollar/U.S. dollar and South African rand/dollar spot exchange rates, each with a 25% weight. The basket also includes the Swiss franc/dollar, Canadian dollar/U.S. dollar, euro/dollar and Czech koruna/dollar spot exchange rates, each with a negative 25% weight.

If the basket value increases, the payout at maturity is par plus the greater of 10.5% and the return on the basket.

If the final basket level is less than zero, the payout will be par.

Issuer:Credit Suisse (USA), Inc.
Issue:Currency-linked securities
Underlying currencies:Thai baht/dollar, Chinese yuan/dollar, Singapore dollar/dollar and South African rand/dollar spot exchange rates, each with a 25% weight; Swiss franc/dollar, Canadian dollar/dollar, euro/dollar and Czech koruna/dollar spot exchange rates, each with a negative 25% weight
Amount:$9.141 million
Maturity:July 29, 2008
Coupon:0%
Price:Par
Payout at maturity:If the basket value increases, the payout at maturity is par plus the greater of 10.5% and the return on the basket; if basket level is less than zero, payout will be par
Pricing date:Feb. 5
Underwriter:Credit Suisse Securities (USA) LLC
Distributor:FIS
Underwriting discount:1.75%

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