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Previous: COEUR D ALENE MINES CORP, 424B3, 1994-09-02 |
Next: ANALYTIC OPTIONED EQUITY FUND INC, NSAR-B/A, 1994-09-02 |
<PAGE>
VANGUARD MUNICIPAL BOND FUND, INC.
PROSPECTUS SUPPLEMENT
SEPTEMBER 9, 1994
Effective September 16, 1994, check purchases into all Vanguard bond fund
portfolios will receive a trade date the day the funds are received in good
order by Vanguard. (See "Shareholder Guide" for definition of good order). This
represents a change from our previous policy to hold purchases until the next
business day, pending Federal Funds conversion.
PS95
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