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<PAGE> 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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