IDS TAX EXEMPT BOND FUND INC
NSAR-B, 1996-01-29
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<PAGE>      PAGE  1
000 B000000 11/30/95
000 C000000 0000202159
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
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 Y
007 B000000  3
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001    181508
022 D000001    165201
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
022 C000002    174966
022 D000002    169252
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003    196784
022 D000003    145772
022 A000004 SMITH BARNEY INC.
022 B000004 13-1912900
022 C000004    136059
022 D000004    135822
022 A000005 MERRILL LYNCH & CO., INC.
022 B000005 13-5674085
022 C000005     96557
022 D000005     76970
022 A000006 PAINE WEBBER INC.
022 B000006 13-2638166
022 C000006     52745
022 D000006    101215
022 A000007 ABN AMRO SECURITIES (USA) INC.
022 B000007 13-3227945
022 C000007     67007
022 D000007     45426
<PAGE>      PAGE  2
022 A000008 PRUDENTIAL SECURITIES INC.
022 B000008 22-2347336
022 C000008     87400
022 D000008     16132
022 A000009 WILLIAM E. SIMON & SONS SEC., INC.
022 B000009 22-3017217
022 C000009     42828
022 D000009     48884
022 A000010 J.P. MORGAN SECURITIES INC.
022 B000010 13-3224016
022 C000010     42044
022 D000010     31441
023 C000000    1246244
023 D000000    1115718
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<PAGE>      PAGE  5
077 O000000 N
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080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00     1250
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<PAGE>      PAGE  6
SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> IDS TAX-EXEMPT BOND FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                       1069952247
<INVESTMENTS-AT-VALUE>                      1171586229
<RECEIVABLES>                                 33268902
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1204855131
<PAYABLE-FOR-SECURITIES>                      41962029
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      5970611
<TOTAL-LIABILITIES>                         1156922491
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1116026215
<SHARES-COMMON-STOCK>                        292604454
<SHARES-COMMON-PRIOR>                        297618426
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         (26987)
<ACCUMULATED-NET-GAINS>                     (60710719)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     101633982
<NET-ASSETS>                                1156922491
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             35615054
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (3698435)
<NET-INVESTMENT-INCOME>                       31916619
<REALIZED-GAINS-CURRENT>                    (21008010)
<APPREC-INCREASE-CURRENT>                    137905514
<NET-CHANGE-FROM-OPS>                        148814123
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (31925470)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       41332652
<NUMBER-OF-SHARES-REDEEMED>                 (51911403)
<SHARES-REINVESTED>                            5564779
<NET-CHANGE-IN-ASSETS>                       102496045
<ACCUMULATED-NII-PRIOR>                       69996726
<ACCUMULATED-GAINS-PRIOR>                   (29604611)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          5795647
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                8651005
<AVERAGE-NET-ASSETS>                        1109470711
<PER-SHARE-NAV-BEGIN>                             3.54
<PER-SHARE-NII>                                    .11
<PER-SHARE-GAIN-APPREC>                            .40
<PER-SHARE-DIVIDEND>                             (.11)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               3.94
<EXPENSE-RATIO>                                    .67
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> IDS TAX-EXEMPT BOND FUND CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                       1060137268
<INVESTMENTS-AT-VALUE>                      1175857264
<RECEIVABLES>                                 21909378
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1197766642
<PAYABLE-FOR-SECURITIES>                      20531612
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1130434
<TOTAL-LIABILITIES>                           21662046
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1099793975
<SHARES-COMMON-STOCK>                          3363339
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        96129
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (44383629)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     120598121
<NET-ASSETS>                                1176104596
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             70030718
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (8004371)
<NET-INVESTMENT-INCOME>                       62026347
<REALIZED-GAINS-CURRENT>                     (4584252)
<APPREC-INCREASE-CURRENT>                    156869653
<NET-CHANGE-FROM-OPS>                        214311748
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (228530)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3544563
<NUMBER-OF-SHARES-REDEEMED>                   (230018)
<SHARES-REINVESTED>                              48794
<NET-CHANGE-IN-ASSETS>                       121678150
<ACCUMULATED-NII-PRIOR>                       69996726
<ACCUMULATED-GAINS-PRIOR>                   (29604611)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          5295694
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                8004371
<AVERAGE-NET-ASSETS>                           7141292
<PER-SHARE-NAV-BEGIN>                             3.88
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                            .18
<PER-SHARE-DIVIDEND>                             (.14)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.06
<EXPENSE-RATIO>                                   1.52
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> IDS TAX-EXEMPT BOND FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                       1060137268
<INVESTMENTS-AT-VALUE>                      1175857264
<RECEIVABLES>                                 21909378
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1197766642
<PAYABLE-FOR-SECURITIES>                      20531612
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1130434
<TOTAL-LIABILITIES>                           21662046
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1099793975
<SHARES-COMMON-STOCK>                             2275
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        96129
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (44383629)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     120598121
<NET-ASSETS>                                1176104596
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             70030718
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (8004371)
<NET-INVESTMENT-INCOME>                       62026347
<REALIZED-GAINS-CURRENT>                     (4584252)
<APPREC-INCREASE-CURRENT>                    156869653
<NET-CHANGE-FROM-OPS>                        214311748
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (338)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2195
<NUMBER-OF-SHARES-REDEEMED>                        (5)
<SHARES-REINVESTED>                                 85
<NET-CHANGE-IN-ASSETS>                       121678150
<ACCUMULATED-NII-PRIOR>                       69996726
<ACCUMULATED-GAINS-PRIOR>                   (29604611)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          5295694
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                8004371
<AVERAGE-NET-ASSETS>                              8697
<PER-SHARE-NAV-BEGIN>                             3.88
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                            .18
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.06
<EXPENSE-RATIO>                                    .58
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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