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<PAGE>
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the captions
"Financial Highlights", "Shareholder Services - Statements and
Reports" and "General Information - Independent Auditors" and to
the use of our report dated August 2, 2000 incorporated by
reference in this Registration Statement (Form N-1A Nos. 2-48227
and 811-2383) of Alliance Bond Funds-Corporate Bond Portfolio.
ERNST & YOUNG LLP
New York, New York
October 25, 2000
00250015.AI7
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