TradeWeb, an electronic transactions company for fixed- income securities, has created an on-line bond market for institutional customers to trade simultaneously with multiple dealers.

TradeWeb initially will offer real-time trading, price information, and research for U.S. Treasury Bills, Notes, and Bonds provided by primary dealers.

Credit Suisse First Boston, Goldman Sachs, Lehman Brothers, and Salomon Brothers have agreed to participate when the system becomes available in the first half of 1998.

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