Jul 20, 2006 5:48 PM EST

Barry Bonds will not be indicted immediately, federal prosecutors said Thursday, but the ongoing grand-jury investigation of steroids and possible perjury and tax-evasion charges against the slugger will continue.

"Much has been accomplished to date, and we will continue to move forward actively in this investigation ? including continuing to seek the truthful testimony of witnesses whose testimony the grand jury is entitled to hear," reads the statement from Luke Macaulay, a spokesman for the U.S. Attorney Kevin Ryan.

Via San Francisco Chronicle