AMERICAN CENTURY MUNICIPAL TRUST
485BXT, 1999-09-02
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               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.   20549

                           FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933               [X]

     File No. 2-91229

     Pre-Effective Amendment No.                                      [ ]

     Post-Effective Amendment No. 27                                  [X]

                             and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940       [X]

     File No. 811-4025

     Amendment No. 28                                                 [X]

                        (Check appropriate box or boxes.)


                        AMERICAN CENTURY MUNICIPAL TRUST
       _________________________________________________________________
               (Exact Name of Registrant as Specified in Charter)


                     4500 Main Street, Kansas City, MO 64111
       _________________________________________________________________
               (Address of Principal Executive Offices) (Zip Code)


       Registrant's Telephone Number, including Area Code: (816) 531-5575


         David C. Tucker, Esq., 4500 Main Street, Kansas City, MO 64111
       _________________________________________________________________
                     (Name and Address of Agent for Service)

          Approximate Date of Proposed Public Offering: October 1, 1999

It is proposed that this filing will become effective (check appropriate box)

     [ ] immediately upon filing pursuant to paragraph (b)
     [X] on October 1, 1999 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:

     [X] This post-effective amendment designates a new effective date for a
         previously filed post-effective amendment.

- --------------------------------------------------------------------------------
This  filing  is  being  made  to  extend  the  date  of  effectiveness  of  the
Registrant's   Post-Effective   Amendment  No.  26  to  October  1,  1999.   The
Post-Effective  Amendment originally requested  effectiveness as of September 7,
1999.

The following documents are hereby incorporated by reference:

*    Prospectuses  for each of the  funds  under  the  issuer  American  Century
     Municipal  Trust,  filed pursuant to Rule 485(a) on July 8, 1999 (Accession
     No. 0000746458-99-000009).

*    Statements of Additional Information for American Century  Municipal Trust,
     filed   pursuant   to  Rule   485(a)  on  July  8,  1999   (Accession   No.
     0000746458-99-000009).

*    Part C to the Registration  Statement of American Century  Municipal Trust,
     filed   pursuant   to  Rule   485(a)  on  July  8,  1999   (Accession   No.
     0000746458-99-000009).

Registrant is extending  effectiveness of its Registration Statement in order to
incorporate comments provided to its advisor by the staff of the Commission.
<PAGE>
                                   SIGNATURES

Pursuant to the  requirements  of the  Securities Act of 1933 and the Investment
Company Act of 1940, the Registrant certifies that it meets all the requirements
for  effectiveness  of this 1933  Post-Effective  Amendment  No. 27 and 1940 Act
Amendment  No.  28  to  its  Registration  Statement  pursuant  to  Rule  485(b)
promogulated  under the Securities Act of 1933, as amended,  and has duly caused
this Post-Effective Amendment No. 27/Amendment No. 28 to be signed on its behalf
by the undersigned,  thereunto duly authorized,  in the City of Kansas City, and
State of Missouri, on the 2nd day of September, 1999.

                           AMERICAN CENTURY MUNICIPAL TRUST (Registrant)


                           By: /*/George A. Rio
                               George A. Rio
                               President and Principal Executive Officer

Pursuant to the requirements of the Securities Act of 1933, this  Post-Effective
Amendment No. 27/Amendment No. 28 has been signed below by the following persons
in the capacities and on the dates indicated.

<TABLE>
<CAPTION>
                                                                          Date
<S>                                  <C>                                  <C>
*George A. Rio                       President, Principal Executive       September 2, 1999
- ---------------------------------    Officer and Principal Financial
George A. Rio                        Officer

*Maryanne Roepke                     Vice President, Treasurer and        September 2, 1999
- ---------------------------------    Principal Accounting Officer
Maryanne Roepke

*James E. Stowers III                Trustee, Chairman of the Board       September 2, 1999
- ---------------------------------
James E. Stowers III

*William M. Lyons                                                         September 2, 1999
- ---------------------------------    Trustee
William M. Lyons

*Albert A. Eisenstat                 Trustee                              September 2, 1999
- ---------------------------------
Albert A. Eisenstat

*Ronald J. Gilson                    Trustee                              September 2, 1999
- ---------------------------------
Ronald J. Gilson

*Myron S. Scholes                    Trustee                              September 2, 1999
- ---------------------------------
Myron S. Scholes

*Kenneth E. Scott                    Trustee                              September 2, 1999
- ---------------------------------
Kenneth E. Scott

*Isaac Stein                         Trustee                              September 2, 1999
- ---------------------------------
Isaac Stein

*Jeanne D. Wohlers                   Trustee                              September 2, 1999
- ---------------------------------
Jeanne D. Wohlers
</TABLE>
/s/Charles C.S. Park
*by Charles C.S.  Park,  Attorney in Fact (pursuant to a Power of Attorney dated
December 18, 1998).


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