<PAGE>
As filed with the Securities and Exchange Commission
on September 5, 1996
File No. 2-48227
Securities and Exchange Commission
Washington, D.C. 20549
________________________________________________
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No. / /
Post-Effective Amendment No. 63 / x /
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. / /
________________________________________________
ALLIANCE BOND FUND, INC.
1345 Avenue of the Americas, New York, N.Y. 10105
(800) 221-5672
________________________________________________
EDMUND P. BERGAN, JR.
1345 Avenue of the Americas, New York, N.Y. 10105
(Name and address of Agent for Service)
________________________________________________
<TABLE>
<CAPTION>
Calculation of Registration Fee:
Title of
Securities Proposed Maximum Proposed Amount of
Being Amount Being Offering Price Maximum Aggregate Registration
Registered Registered Per Unit* Offering Price** Fee
<S> <C> <C> <C> <C>
Common
Stock $.001
par value
U.S. Govt.
<PAGE>
Port. 40,798,099 $7.86 $290,000 $100.00
</TABLE>
*Estimated solely for the purpose of determining the amount
of the total registration fee based on the offering price per
share of the U.S. Government Portfolio of the Registrant's Common
Stock on August 21, 1996.
**The calculation of the maximum aggregate offering price is
made pursuant to Rule 24e-2(a) under the Investment Company Act
of 1940 and is based on the following: the total amount of
securities redeemed or repurchased by U.S. Government Portfolio
of Alliance Bond Fund, Inc. during the fiscal year ended June 30,
1996 was 51,870,869, of which 11,072,790 were previously used for
reduction pursuant to Rule 24f-2 or Rule 24e-2(a) and 40,798,099
of which is being so used for such reduction in this Amendment.
It is proposed that this filing will become effective (check
appropriate box)
/X/ immediately upon filing pursuant to paragraph (b)
/ / on (date) pursuant to paragraph (b)
/ / 60 days after filing pursuant to paragraph (a)(1)
/ / on (date) pursuant to paragraph (a)(1)
/ / 75 days after filing pursuant to paragraph (a)(2)
/ / on (date) pursuant to paragraph (a)(2) of Rule 485.
If appropriate, check the following box:
/ / This post-effective amendment designates a new effective date
for a previously filed post-effective amendment.
EXHIBIT: Opinion of Seward & Kissel
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Act of
1933 and the Investment Company Act of 1940, the Registrant
certifies that it meets all of the requirements for effectiveness
of this Amendment to its Registration Statement pursuant to Rule
485(b) under the Securities Act of 1933 and has duly caused this
Amendment to its Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City
of New York and State of New York, on the 29th day of August,
l996.
ALLIANCE BOND FUND, INC.
by /s/ John D. Carifa
____________________________
John D. Carifa
Chairman
Pursuant to the requirements of the Securities Act of
l933, this Amendment to the Registration Statement has been
signed below by the following persons in the capacities and on
the dates indicated:
Signature Title Date
_________ _____ _____
1) Principal Executive
Officer
/s/ John D. Carifa Chairman August 29, 1996
__________________________
John D. Carifa
2) Principal Accounting and
Financial Officer
/s/ Mark D. Gersten Treasurer and Chief August 29, 1996
__________________________ Financial Officer
Mark D. Gersten
00250123.AL1
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3) All of the Directors
____________________
John D. Carifa
Ruth Block
David H. Dievler
James R. Greene
James M. Hester
Clifford L. Michel
Eugene F. O'Neil
Robert C. White
by /s/ Edmund P. Bergan, Jr. August 29, 1996
__________________________
(Attorney-in-fact)
Edmund P. Bergan, Jr.
00250123.AL1
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SEWARD & KISSEL
One Battery Park Plaza
New York, N.Y. 10004
Telephone: (212) 574-1200
Facsimile: (212) 480-8421
September 5, 1996
Alliance Bond Fund, Inc.
1345 Avenue of the Americas
New York, New York 10105
Dear Sirs:
We have acted as counsel for Alliance Bond Fund,
Inc., a Maryland corporation (the "Company"), in connection
with the registration of an additional 40,798,099 shares of
common stock, par value $.001 per share, of the Company
under the Securities Act of 1933, as amended (the "Act").
As counsel for the Company, we have participated in
the preparation of Post-Effective Amendment No. 63 to the
Company's Registration Statement on Form N-1A under the Act
(File No. 2-48227) relating to such additional shares and
have examined and relied upon corporate records of the
Company and other documents and certificates as to factual
matters as we have deemed to be necessary to render the
opinion set forth below.
Based on that examination we are of the opinion
that the 40,798,099 additional shares of common stock of the
Company being registered by Post-Effective Amendment No. 63
to the Company's Registration Statement are duly authorized
and unissued shares, and when such shares have been duly
sold, issued and paid for as contemplated in the Company's
Prospectus forming a part of its Registration Statement
under the Act, such shares will have been validly and
legally issued (assuming that none of such shares is sold at
a time when such sale would cause the Company to have
outstanding more than the number of shares of common stock
authorized to be issued by the Company's Charter)
and will be fully paid and non-assessable shares of common
stock of the Company under the laws of the State of Maryland
<PAGE>
(assuming that the sale price of each share is not less than
the par value thereof).
Our opinion above stated is expressed as members of
the bar of the State of New York.
We hereby consent to the filing of this opinion
with the Securities and Exchange Commission as an exhibit to
above-referenced Post-Effective Amendment No. 63 to the
Company's Registration Statement.
Very truly yours,
/s/ Seward & Kissel
00250123/AL4
