IDS TAX EXEMPT BOND FUND INC
NSAR-A, 1996-07-30
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<PAGE>      PAGE  1
000 A000000 05/31/96
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
014 A00AA01 AMERICAN EXPRESS FINANCIAL CORPORATION
014 B00AA01 8-31250
014 A00AA02 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
014 B00AA02 8-16791
014 A00AA03 IDS LIFE INSURANCE COMPANY
014 B00AA03 8-14124
014 A00AA04 IDS SECURITIES CORPORATION
014 B00AA04 8-12550
014 A00AA05 AMERICAN EXPRESS SERVICE CORPORATION
014 B00AA05 8-27456
014 A00AA06 AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
014 B00AA06 8-42582
014 A00AA07 DELETE
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   41
019 C00AA00 IDSMUTFDGR
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001    172185
022 D000001    103596
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002    107586
022 D000002     98958
022 A000003 SMITH BARNEY INC.
022 B000003 13-1912900
022 C000003    111369
<PAGE>      PAGE  2
022 D000003     71386
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004     67974
022 D000004     66702
022 A000005 PRUDENTIAL SECURITIES INC.
022 B000005 22-2347336
022 C000005     84613
022 D000005     47543
022 A000006 PAINE WEBBER INC.
022 B000006 13-2638166
022 C000006     63463
022 D000006     56634
022 A000007 MERRILL LYNCH & CO., INC.
022 B000007 13-5674085
022 C000007     39469
022 D000007     37769
022 A000008 J.P. MORGAN SECURITIES INC.
022 B000008 13-3224016
022 C000008     24307
022 D000008     34909
022 A000009 ABN AMRO SECURITIES (USA) INC.
022 B000009 13-3227945
022 C000009     15437
022 D000009     12198
022 A000010 KEMPER SECURITIES INC.
022 B000010 34-1542819
022 C000010     10136
022 D000010     15930
023 C000000     769624
023 D000000     621930
028 A01AA00     12795
028 A02AA00      3318
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028 B02AA00      3249
028 B03AA00         0
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028 E03AA00         0
028 E04AA00     24321
<PAGE>      PAGE  3
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049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 N
062 A00AA00 Y
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029  000100 Y
<PAGE>      PAGE  6
030 A000100    709
030 B000100  5.00
030 C000100  0.50
031 A000100    248
031 B000100      0
032  000100      0
033  000100    461
037  000100 N
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043  000200     59
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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-30-1996
<PERIOD-END>                               MAY-31-1996
<INVESTMENTS-AT-COST>                       1021929980
<INVESTMENTS-AT-VALUE>                      1088099223
<RECEIVABLES>                                 51625950
<ASSETS-OTHER>                                37939470
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1177664643
<PAYABLE-FOR-SECURITIES>                      81559415
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       633535
<TOTAL-LIABILITIES>                           82192950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1067112046
<SHARES-COMMON-STOCK>                        276929224
<SHARES-COMMON-PRIOR>                        286238370
<ACCUMULATED-NII-CURRENT>                         2265
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (40986861)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      69344243
<NET-ASSETS>                                1095471693
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             33745276
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (4324510)
<NET-INVESTMENT-INCOME>                       29420766
<REALIZED-GAINS-CURRENT>                       3483329
<APPREC-INCREASE-CURRENT>                   (51253878)
<NET-CHANGE-FROM-OPS>                       (18349783)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (29164914)
<DISTRIBUTIONS-OF-GAINS>                       (85487)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       13798509
<NUMBER-OF-SHARES-REDEEMED>                 (28084210)
<SHARES-REINVESTED>                            4976555
<NET-CHANGE-IN-ASSETS>                      (80632903)
<ACCUMULATED-NII-PRIOR>                       62026347
<ACCUMULATED-GAINS-PRIOR>                    (4584252)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2566769
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4324510
<AVERAGE-NET-ASSETS>                        1132644297
<PER-SHARE-NAV-BEGIN>                             4.06
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                          (.17)
<PER-SHARE-DIVIDEND>                             (.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               3.89
<EXPENSE-RATIO>                                    .74
<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>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1996
<PERIOD-END>                               MAY-31-1996
<INVESTMENTS-AT-COST>                       1021929980
<INVESTMENTS-AT-VALUE>                      1088099223
<RECEIVABLES>                                 51625950
<ASSETS-OTHER>                                37939470
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1177664643
<PAYABLE-FOR-SECURITIES>                      81559415
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       633535
<TOTAL-LIABILITIES>                           82192950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1067112046
<SHARES-COMMON-STOCK>                          4455159
<SHARES-COMMON-PRIOR>                          3363339
<ACCUMULATED-NII-CURRENT>                         2265
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (40986861)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      69344243
<NET-ASSETS>                                1095471693
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             33745276
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (4324510)
<NET-INVESTMENT-INCOME>                       29420766
<REALIZED-GAINS-CURRENT>                       3483329
<APPREC-INCREASE-CURRENT>                   (51253878)
<NET-CHANGE-FROM-OPS>                       (18349783)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (349470)
<DISTRIBUTIONS-OF-GAINS>                        (1073)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1329644
<NUMBER-OF-SHARES-REDEEMED>                   (313320)
<SHARES-REINVESTED>                              75496
<NET-CHANGE-IN-ASSETS>                      (80632903)
<ACCUMULATED-NII-PRIOR>                       62026347
<ACCUMULATED-GAINS-PRIOR>                    (4584252)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2566769
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4324510
<AVERAGE-NET-ASSETS>                          15840587
<PER-SHARE-NAV-BEGIN>                             4.06
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                          (.17)
<PER-SHARE-DIVIDEND>                             (.09)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               3.89
<EXPENSE-RATIO>                                   1.50
<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>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1996
<PERIOD-END>                               MAY-31-1996
<INVESTMENTS-AT-COST>                       1021929980
<INVESTMENTS-AT-VALUE>                      1088099223
<RECEIVABLES>                                 51625950
<ASSETS-OTHER>                                37939470
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1177664643
<PAYABLE-FOR-SECURITIES>                      81559415
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       633535
<TOTAL-LIABILITIES>                           82192950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1067112046
<SHARES-COMMON-STOCK>                             2337
<SHARES-COMMON-PRIOR>                             2275
<ACCUMULATED-NII-CURRENT>                         2265
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (40986861)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      69344243
<NET-ASSETS>                                1095471693
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             33745276
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (4324510)
<NET-INVESTMENT-INCOME>                       29420766
<REALIZED-GAINS-CURRENT>                       3483329
<APPREC-INCREASE-CURRENT>                   (51253878)
<NET-CHANGE-FROM-OPS>                       (18349783)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (246)
<DISTRIBUTIONS-OF-GAINS>                           (1)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                 62
<NET-CHANGE-IN-ASSETS>                      (80632903)
<ACCUMULATED-NII-PRIOR>                       62026347
<ACCUMULATED-GAINS-PRIOR>                    (4584252)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2566769
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4324510
<AVERAGE-NET-ASSETS>                              9226
<PER-SHARE-NAV-BEGIN>                             4.06
<PER-SHARE-NII>                                    .11
<PER-SHARE-GAIN-APPREC>                          (.17)
<PER-SHARE-DIVIDEND>                             (.11)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               3.89
<EXPENSE-RATIO>                                    .56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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