NUVEEN MUNICIPAL BOND FUND INC
497, 1995-06-07
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                       NUVEEN MUNICIPAL BOND FUND, INC.

                                  SUPPLEMENT
                    to Prospectus Dated April 29, 1994 and
                         Supplemented October 28, 1994

Effective as of the date of this supplement, the Fund will neither impose any 
sales charge nor pay any reallowance to Authorized Dealers with respect to the 
purchase of shares in amounts of $7,500,000 and over.

June 7, 1995



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