VANGUARD MUNICIPAL BOND FUND INC
NSAR-A, 1996-04-26
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<PAGE>      PAGE  1
000 A000000 02/29/96
000 C000000 225997
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
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000 I000000 3.0.a
000 J000000 U
001 A000000 VANGUARD MUNICIPAL BOND FUND, INC.
001 B000000 811-2687
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
002 B000000 MALVERN
002 C000000 PA
002 D010000 19355
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005  000000 N
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007 C020100 SHORT-TERM PORTFOLIO
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007 C030200 N
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007 C020300 LONG-TERM PORTFOLIO
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007 C010400  4
007 C020400 HIGH YIELD PORTFOLIO
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007 C010500  5
007 C020500 MONEY MARKET PORTFOLIO
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007 C010600  6
007 C020600 INSURED LONG-TERM PORTFOLIO
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022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001   2201354
022 D000001    590258
022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002   1678095
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022 A000003 MONEY MARKET PORTFOLIO/VANGUARD MUNI BOND FD
022 B000003 23-2471394
022 C000003    743650
022 D000003    622628
022 A000004 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000004 13-5674085
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022 A000005 MORGAN STANLEY & CO.
022 B000005 13-2655998
022 C000005    542965
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022 A000006 INTERMEDIATE-TERM PORTFOLIO/VANGUARD MUNI BD
022 B000006 23-2471389
022 C000006    417012
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022 A000007 SMITH BARNEY INC.
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022 A000008 BEAR STEARNS & CO.
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022 C000008    635261
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022 A000009 J.P. MORGAN SECURITIES INC.
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<PAGE>      PAGE  3
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  13
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SIGNATURE   GARY P. SOURA                                
TITLE       SR. MANAGER         
 


<TABLE> <S> <C>

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<NAME> VANGUARD MUNICIPAL BOND FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> VANGUARD MUNICIPAL BOND FUND, INC.
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</TABLE>

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</TABLE>

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<NAME> VANGUARD MUNICIPAL BOND FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> VANGUARD MUNICIPAL BOND FUND, INC.
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</TABLE>

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</TABLE>

<TABLE> <S> <C>

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<NAME> VANGUARD MUNICIPAL BOND FUND, INC.
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