VANGUARD MUNICIPAL BOND FUND INC
NSAR-A, EX-27, 2000-06-22
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000225997
<NAME> VANGUARD MUNICIPAL BOND FUNDS
<SERIES>
   <NUMBER> 03
   <NAME> VANGUARD LONG-TERM TAX-EXEMPT FUND
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-START>                             NOV-01-1999
<PERIOD-END>                               APR-30-2000
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          1517150
<INVESTMENTS-AT-VALUE>                         1519099
<RECEIVABLES>                                    24615
<ASSETS-OTHER>                                     523
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 1544237
<PAYABLE-FOR-SECURITIES>                          8418
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         5096
<TOTAL-LIABILITIES>                              13514
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1547600
<SHARES-COMMON-STOCK>                           147086
<SHARES-COMMON-PRIOR>                           147706
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         18982
<ACCUM-APPREC-OR-DEPREC>                          2105
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<DIVIDEND-INCOME>                                    0
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<REALIZED-GAINS-CURRENT>                        (5446)
<APPREC-INCREASE-CURRENT>                        15088
<NET-CHANGE-FROM-OPS>                            51250
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        41608
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          21665
<NUMBER-OF-SHARES-REDEEMED>                      24960
<SHARES-REINVESTED>                               2675
<NET-CHANGE-IN-ASSETS>                            3227
<ACCUMULATED-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                               90
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1303
<AVERAGE-NET-ASSETS>                           1511613
<PER-SHARE-NAV-BEGIN>                            10.34
<PER-SHARE-NII>                                  0.286
<PER-SHARE-GAIN-APPREC>                          0.070
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.41
<EXPENSE-RATIO>                                   0.17


</TABLE>


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