<PAGE> PAGE 1
000 B000000 11/30/94
000 C000000 0000202159
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 IDS TAX-EXEMPT BOND FUND, INC.
001 B000000 811-2686
001 C000000 6126712772
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 MINNEAPOLIS
013 B020001 MN
013 B030001 55402
013 B040001 3900
018 000000 Y
019 A000000 Y
019 B000000 41
019 C000000 IDSMUTFDGR
022 A000001 WILLIAM E SIMON & SONS SEC. INC.
022 B000001 22-3017217
022 C000001 198608
022 D000001 184491
022 A000002 SMITH BARNEY INC.
022 B000002 13-1912900
022 C000002 177119
022 D000002 195114
022 A000003 GOLDMAN SACHS & CO.
022 B000003 13-5108880
022 C000003 91372
022 D000003 157796
022 A000004 MERRILL LYNCH & CO., INC.
022 B000004 13-5674085
022 C000004 114997
022 D000004 121548
022 A000005 CRAIGIE INC.
022 B000005 54-0294670
022 C000005 71892
<PAGE> PAGE 2
022 D000005 68067
022 A000006 J.P. MORGAN SECURITIES INC.
022 B000006 13-3224016
022 C000006 40737
022 D000006 62570
022 A000007 MORGAN STANLEY & CO., INC.
022 B000007 13-2655998
022 C000007 48264
022 D000007 46328
022 A000008 PAINE WEBBER INC.
022 B000008 13-2638166
022 C000008 43182
022 D000008 38260
022 A000009 LEHMAN BROTHERS INC.
022 B000009 13-2518466
022 C000009 23551
022 D000009 46697
022 A000010 GREENWICH PARTNERS INC.
022 B000010 13-3176013
022 C000010 34581
022 D000010 31028
023 C000000 1121215
023 D000000 1145981
028 A010000 11999
028 A020000 4366
028 A030000 0
028 A040000 21409
028 B010000 17849
028 B020000 3702
028 B030000 0
028 B040000 26676
028 C010000 13352
028 C020000 3926
028 C030000 0
028 C040000 22769
028 D010000 7344
028 D020000 4028
028 D030000 0
028 D040000 17805
028 E010000 5152
028 E020000 3697
028 E030000 0
028 E040000 19847
028 F010000 19605
028 F020000 4136
028 F030000 0
028 F040000 35057
028 G010000 75301
028 G020000 23855
028 G030000 0
028 G040000 143563
<PAGE> PAGE 3
028 H000000 14313
029 000000 Y
030 A000000 1969
030 B000000 5.00
030 C000000 0.50
031 A000000 696
031 B000000 0
032 000000 0
033 000000 1273
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 100
043 000000 228
044 000000 0
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 6.4
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.7
062 M000000 0.0
062 N000000 0.0
062 O000000 92.9
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 20.6
064 A000000 Y
064 B000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
<PAGE> PAGE 4
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 775076
071 B000000 887012
071 C000000 1177322
071 D000000 66
072 A000000 12
072 B000000 77392
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 6316
072 G000000 0
072 H000000 7
072 I000000 576
072 J000000 37
072 K000000 93
072 L000000 15
072 M000000 22
072 N000000 39
072 O000000 0
072 P000000 0
072 Q000000 0
<PAGE> PAGE 5
072 R000000 31
072 S000000 0
072 T000000 228
072 U000000 0
072 V000000 0
072 W000000 31
072 X000000 7395
072 Y000000 0
072 Z000000 69997
072AA000000 9673
072BB000000 39278
072CC010000 0
072CC020000 141085
072DD010000 69996
072DD020000 0
072EE000000 28014
073 A010000 0.2301
073 A020000 0.0000
073 B000000 0.0910
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 67500
074 D000000 979079
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 15210
074 K000000 0
074 L000000 20306
074 M000000 0
074 N000000 1082095
074 O000000 26431
074 P000000 516
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 722
074 S000000 0
074 T000000 1054426
074 U010000 297618
074 U020000 0
074 V010000 3.54
074 V020000 0.00
074 W000000 0.0000
074 X000000 35954
074 Y000000 0
075 A000000 0
<PAGE> PAGE 6
075 B000000 1202424
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
080 A000000 RELIANCE INSURANCE COMPANY
080 C000000 1250
081 A000000 N
081 B000000 0
082 A000000 N
082 B000000 0
083 A000000 Y
083 B000000 16
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> NOV-30-1994
<PERIOD-END> NOV-30-1994
<INVESTMENTS-AT-COST> 1082850359
<INVESTMENTS-AT-VALUE> 1046578827
<RECEIVABLES> 35516196
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1082095023
<PAYABLE-FOR-SECURITIES> 26431099
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1237478
<TOTAL-LIABILITIES> 27668577
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1130400687
<SHARES-COMMON-STOCK> 297618426
<SHARES-COMMON-PRIOR> 308353929
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (39702709)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (36271532)
<NET-ASSETS> 1054426446
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 77391841
<OTHER-INCOME> 0
<EXPENSES-NET> 7395115
<NET-INVESTMENT-INCOME> 69996726
<REALIZED-GAINS-CURRENT> (29604611)
<APPREC-INCREASE-CURRENT> (141085176)
<NET-CHANGE-FROM-OPS> (100693061)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (69995559)
<DISTRIBUTIONS-OF-GAINS> (28014289)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33342008
<NUMBER-OF-SHARES-REDEEMED> (61882421)
<SHARES-REINVESTED> 17804910
<NET-CHANGE-IN-ASSETS> (236951502)
<ACCUMULATED-NII-PRIOR> 71694282
<ACCUMULATED-GAINS-PRIOR> 27788192
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6316486
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7395115
<AVERAGE-NET-ASSETS> 1203418103
<PER-SHARE-NAV-BEGIN> 4.19
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> (.56)
<PER-SHARE-DIVIDEND> (.23)
<PER-SHARE-DISTRIBUTIONS> (.32)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 3.54
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
