  We study best approximation to a given function, in the least square sense on
a subset of the unit circle, by polynomials of given degree which are pointwise
bounded on the complementary subset. We show that the solution to this problem,
as the degree goes large, converges to the solution of a bounded extremal
problem for analytic functions which is instrumental in system identification.
We provide a numerical example on real data from a hyperfrequency filter.
