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MERRILL LYNCH CORPORATE BOND FUND, INC.
SUPPLEMENT DATED FEBRUARY 3, 1995 TO
PROSPECTUS DATED JANUARY 31, 1995
FOR USE IN THE STATE OF WISCONSIN
The Fund may invest in securities restricted as to resale without
registration under the Securities Act of 1933 ("restricted securities"), the
securities of unseasoned issuers, and illiquid securities. However, the
combined total of such investments will not exceed 15% of the Fund's total
assets. Within that limitation, restricted securities, other than those
eligible for resale pursuant to Rule 144A under the Securities Act of 1933 and
determined to be liquid under guidelines established by the Board, will be
limited to 10% of the Fund's total assets. It is the opinion of the Wisconsin
Securities Commission that investment in restricted securities in excess of 5%
of the Fund's total assets may be considered a speculative activity involving
relatively greater risks or costs to the Fund.
Code # PRSUPPWI
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MERRILL LYNCH CORPORATE BOND FUND, INC.
SUPPLEMENT DATED FEBRUARY 3, 1995 TO
PROSPECTUS DATED JANUARY 31, 1995
FOR USE IN THE STATES OF WASHINGTON AND ARIZONA
The Fund's High Income Portfolio may invest primarily in lower rated bonds,
commonly known as "junk bonds." Investments of this type are subject to greater
risk of loss of principal and interest than are investments in higher rated
bonds. Purchasers should carefully assess the risks associated with an
investment in this Portfolio.
Code # 10046-0195--WA, AZ
