Lacking active bond or short-term commercial paper markets, Japan depends on banks for credit creation.

In other words they are not active bonds, though they are issued by reliable concerns.

It also has a very active bond trading desk and it has been seeking to increase its share of the large corporate loan market.

Simple spectra are obtained from samples with few IR active bonds and high levels of purity.

"These active bond managers were simply waiting for someone to go first, waiting for a catalyst to ignite a predictable rally."

London trading in Japanese Government bond futures - already the world's most active bond futures contract - got off to a spectacular start yesterday.

Under the plan, the public will learn the trading prices for active bonds - at first defined as those with at least four trades between dealers in a day.

Cantor is a matchmaker for investors who want to buy and sell fixed income securities and is also a leading source of active bond price information for the market.

"G.M. occupies 8 of the 10 most active bonds by our estimates," said Richard Schiffman, head of information services at MarketAxess, a company that tracks bond prices.

But the promotion, called Jane Talks Back, is also part of a broad push by magazine publishers to strengthen their central selling proposition: the active bond they say they have with readers.

But Lee Thomas, senior international portfolio manager at the Pacific Investment Management Company in Newport Beach, Calif., the world's largest active bond manager, brushes off the muffs.

A clause in the Senate bill requiring financial advisers for sales over $5 million to maintain an active bond trading desk is likely to be deleted, according to staff in the Senate and Assembly.

The tables for the Nasdaq small-capitalization market, preferred stocks and foreign stocks are being eliminated, as are the tables for active bond issues, stock exchange bond trading, trading in agency and zero-coupon bonds, cash prices for commodities and daily gold prices.