<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 707833
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 COLUMBIA FIXED INCOME SECURITIES FUND, INC.
001 B000000 811-3581
001 C000000 5032223600
002 A000000 1301 SW FIFTH AVENUE
002 B000000 PORTLAND
002 C000000 OR
002 D010000 97201
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
022 A000001 GOLDMAN SACHS & CO.
022 B000001 135108880
022 C000001 63859
022 D000001 40933
022 A000002 BEAR, STEARNS
022 B000002 133299429
022 C000002 31333
022 D000002 32502
022 A000003 SALOMON BROTHERS, INC.
022 B000003 133082694
022 C000003 28111
022 D000003 31098
022 A000004 SMITH BARNEY, SHEARSON
022 B000004 131912900
022 C000004 18093
022 D000004 13527
022 A000005 MERRILL LYNCH, PIERCE
022 B000005 135674085
022 C000005 18962
022 D000005 11168
022 A000006 PRUDENTIAL-BACHE SEC.
022 B000006 222347336
022 C000006 12849
022 D000006 7818
022 A000007 MORGAN STANLEY & CO.
022 B000007 132655998
022 C000007 9166
022 D000007 7569
022 A000008 GREENWICH CAPITAL MARKETS
<PAGE> PAGE 2
022 B000008 133172275
022 C000008 6145
022 D000008 9172
022 A000009 DEUTSCHE BANK SECURITIES
022 B000009 132730828
022 C000009 7163
022 D000009 5694
022 A000010 LEHMAN BROTHERS
022 B000010 132518466
022 C000010 6683
022 D000010 3292
023 C000000 225573
023 D000000 197638
024 000000 Y
025 A000001 BEAR STEARNS
025 B000001 133299429
025 C000001 D
025 D000001 2747
025 A000002 GOLDAMAN SACHS
025 B000002 135108880
025 C000002 D
025 D000002 3519
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
028 A010000 13420
028 A020000 1391
028 A030000 0
028 A040000 12670
028 B010000 11163
028 B020000 1482
028 B030000 0
028 B040000 7525
028 C010000 11561
028 C020000 1556
028 C030000 0
028 C040000 5425
028 D010000 8917
028 D020000 1525
028 D030000 0
028 D040000 9096
028 E010000 15148
028 E020000 1562
028 E030000 0
028 E040000 6572
028 F010000 6818
028 F020000 1538
028 F030000 0
<PAGE> PAGE 3
028 F040000 7405
028 G010000 67027
028 G020000 9054
028 G030000 0
028 G040000 48693
028 H000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 4.1
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 27.6
062 N000000 29.1
062 O000000 0.0
062 P000000 26.0
062 Q000000 12.4
062 R000000 0.8
063 A000000 0
063 B000000 6.1
064 A000000 Y
064 B000000 Y
065 000000 Y
071 A000000 225579
071 B000000 203068
071 C000000 304024
071 D000000 67
072 A000000 6
072 B000000 11380
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 794
072 G000000 0
072 H000000 34
072 I000000 77
072 J000000 17
072 K000000 27
072 L000000 13
072 M000000 2
072 N000000 21
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 13
<PAGE> PAGE 4
072 S000000 1
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 12
072 X000000 1011
072 Y000000 0
072 Z000000 10369
072AA000000 2993
072BB000000 1449
072CC010000 0
072CC020000 16749
072DD010000 10369
072DD020000 0
072EE000000 0
073 A010000 0.4260
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 13553
074 C000000 0
074 D000000 312320
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 1757
074 K000000 0
074 L000000 4887
074 M000000 0
074 N000000 332517
074 O000000 1722
074 P000000 133
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 2220
074 S000000 0
074 T000000 328442
074 U010000 25510
074 U020000 0
074 V010000 12.88
074 V020000 0.00
074 W000000 0.0000
074 X000000 14110
074 Y000000 0
075 A000000 0
075 B000000 320275
<PAGE> PAGE 5
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE GEORGE HANSETH
TITLE SR. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED SEMI-ANNUAL REPORT OF THE COLUMBIA FUNDS DATED 6/30/96, AND THE
AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED 12/31/95, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000707833
<NAME> COLUMBIA FIXED INCOME SECURITES FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 315,955,416
<INVESTMENTS-AT-VALUE> 312,320,112
<RECEIVABLES> 6,643,506
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 13,553,090
<TOTAL-ASSETS> 332,516,708
<PAYABLE-FOR-SECURITIES> 1,721,422
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,353,130
<TOTAL-LIABILITIES> 4,074,552
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 334,148,420
<SHARES-COMMON-STOCK> 25,509,602
<SHARES-COMMON-PRIOR> 23,415,807
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,070,960)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,635,304)
<NET-ASSETS> 328,442,156
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,380,192
<OTHER-INCOME> 0
<EXPENSES-NET> (1,011,067)
<NET-INVESTMENT-INCOME> 10,369,125
<REALIZED-GAINS-CURRENT> 1,543,789
<APPREC-INCREASE-CURRENT> (16,748,632)
<NET-CHANGE-FROM-OPS> (4,835,718)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,369,125)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,113,807
<NUMBER-OF-SHARES-REDEEMED> (3,714,753)
<SHARES-REINVESTED> 694,741
<NET-CHANGE-IN-ASSETS> 12,183,353
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (3,614,749)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 794,089
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,011,067
<AVERAGE-NET-ASSETS> 320,274,579
<PER-SHARE-NAV-BEGIN> 13.51
<PER-SHARE-NII> .43
<PER-SHARE-GAIN-APPREC> (.63)
<PER-SHARE-DIVIDEND> .43
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.88
<EXPENSE-RATIO> .63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
