SUPPLEMENT TO
FIDELITY'S INTERNATIONAL
BOND FUNDS
PROSPECTUS
DATED FEBRUARY 24, 1994
The Board of Trustees of
Fidelity New Markets Income
Fund has authorized adoption
of a redemption fee of 1.00%
(payable to the fund) on shares
purchased after February 10,
1995, and held less than 180
days.
The following information
replaces corresponding
sections with respect to Fidelity
New Markets Income Fund
under the heading "Expenses"
on page 4.
SHAREHOLDER TRANSACTION
EXPENSES are charges you pay
when you buy or sell shares of
a fund.
Maximum sales charge on
purchases and
reinvested dividends None
Deferred sales charge on
redemptions None
Exchange fee None
Redemption fee on shares held
less than
180 days for shares purchased
after
February 10, 1995
(New Markets Income only)
1.00%
The following information
supplements information in the
section entitled "Transaction
Details" beginning on page 15.
The redemption fee for New
Markets Income, if applicable,
will be deducted from the
amount of your redemption.
This fee is paid to the fund
rather than FMR, and it does
not apply to shares that were
acquired through reinvestment
of distributions. If shares were
not all held for the same length
of time, those shares you held
longest will be redeemed first
for purposes of determining
whether the fee applies.
The following replaces the
second paragraph of the
section entitled "FMR and Its
Affiliates" on page 17.
Scott Kuldell is manager of
Short-Term World Income,
which he has managed since
April 1994. Mr. Kuldell also
manages Deutsche Mark,
Sterling, and Yen funds. Mr.
Kuldell joined Fidelity in 1987.
SUPPLEMENT TO
FIDELITY'S INTERNATIONAL
BOND FUNDS
PROSPECTUS
DATED FEBRUARY 24, 1994
The Board of Trustees of
Fidelity New Markets Income
Fund has authorized adoption
of a redemption fee of 1.00%
(payable to the fund) on shares
purchased after February 10,
1995, and held less than 180
days.
The following information
replaces corresponding
sections with respect to Fidelity
New Markets Income Fund
under the heading "Expenses"
on page 4.
SHAREHOLDER TRANSACTION
EXPENSES are charges you pay
when you buy or sell shares of
a fund.
Maximum sales charge on
purchases and
reinvested dividends None
Deferred sales charge on
redemptions None
Exchange fee None
Redemption fee on shares held
less than
180 days for shares purchased
after
February 10, 1995
(New Markets Income only)
1.00%
The following information
supplements information in the
section entitled "Transaction
Details" beginning on page 15.
The redemption fee for New
Markets Income, if applicable,
will be deducted from the
amount of your redemption.
This fee is paid to the fund
rather than FMR, and it does
not apply to shares that were
acquired through reinvestment
of distributions. If shares were
not all held for the same length
of time, those shares you held
longest will be redeemed first
for purposes of determining
whether the fee applies.
The following replaces the
second paragraph of the
section entitled "FMR and Its
Affiliates" on page 17.
Scott Kuldell is manager of
Short-Term World Income,
which he has managed since
April 1994. Mr. Kuldell also
manages Deutsche Mark,
Sterling, and Yen funds. Mr.
Kuldell joined Fidelity in 1987.
ITL-94-2 December 12, 1994
ITL-94-2 December 12, 1994
