February 27, 1995
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Rule 24f-2 Notice for
MERRILL LYNCH GLOBAL BOND
FUND FOR INVESTMENT
AND RETIREMENT
File No. 33-6091
Dear Sirs:
In accordance with the provisions of Rule 24f-2
under the Investment Company Act of 1940, Merrill
Lynch Global Bond Fund for Investment and
Retirement (the "Fund") hereby files its Rule 24f-
2 Notice (the "Notice").
1. The Notice is being filed for the fiscal year
of the Fund ended December 31, 1994
(the "Fiscal Year").
2. No shares of beneficial interest of the Fund
which had been registered under the Securities
Act of 1933 (the "Securities Act") other than
pursuant to Rule 24f-2 remained unsold at the
beginning of the Fiscal Year.
3. No shares of beneficial interest were
registered under the Securities Act during
the Fiscal Year other than pursuant to
Rule 24f-2.
4. 22,719,813 shares of beneficial interest were
sold during the Fiscal Year.*
5. 22,719,813 shares of beneficial interest were
sold during the Fiscal Year in reliance upon
registration pursuant to Rule 24f-2.
Transmitted with the Notice is an opinion of
Brown & Wood, counsel for the Fund, indicating
that the securities the registration of which
this Notice makes definite in number were
legally issued, fully paid and non-assessable.
_______________
*Of this amount 4,384,679 Class A shares
were sold at an aggregate price of $41,051,644,
17,716,789 Class B shares were sold at an
aggregate price of $166,930,180, 417,769 Class C
shares were sold at an aggregate price of $3,791,175
and 200,576 Class D shares were sold at an
aggregate price of $1,825,730. The aggregate sale
price for all shares sold during the Fiscal Year was
$213,598,729. See paragraph 6 for the calculation
of the aggregate sale price of shares sold in
reliance upon Rule 24f-2.
<PAGE>
6. Since the aggregate sale price of securities
sold during the Fiscal Year in reliance upon
registration pursuant to Rule 24f-2 is less
than the aggregate redemption price of
securities redeemed during the Fiscal Year, no
filing fee is required in connection with the
filing of this Notice. The calculation is as
follows:
(i) Actual aggregate sale price for the
22,719,813 shares of beneficial
interest sold during the Fiscal Year
in reliance upon registration
pursuant to Rule 24f-2.
$213,598,729
reduced by
(ii) Actual aggregate redemption price
for the 37,082,370 shares of
beneficial interest redeemed
during the Fiscal Year.*
$346,446,499
equals amount on which filing fee is based.
$ -0-
Please direct any questions relating to this
filing to Mark B. Goldfus at Merrill Lynch Asset
Management, P.O. Box 9011, Princeton, N.J. 08543-
9011, (609) 282-2023, or to Frank P. Bruno at
Brown & Wood, One World Trade Center,
New York, New York 10048, (212) 839-5540.
Very truly yours,
MERRILL LYNCH GLOBAL BOND
FUND FOR INVESTMENT
AND RETIREMENT
By /s/ Mark B. Goldfus
- - - - - - - - - - -
Mark B. Goldfus
Secretary
BROWN & WOOD
One World Trade Center
New York, N.Y. 10048-0557
Telephone: 212-839-5300
Facsimile 212-839-5599
February 27, 1995
Merrill Lynch Global Bond Fund for
Investment and Retirement
P.O. Box 9011
Princeton, New Jersey 08543-9011
Ladies and Gentlemen:
This opinion is furnished in connection with
the notice (the "Notice") to be filed by Merrill Lynch
Global Bond Fund for Investment and Retirement, a
Massachusetts business trust (the "Fund"), with the
Securities and Exchange Commission pursuant to
Rule 24f-2 under the Investment Company Act of 1940,
as amended. The Notice is being filed to make definite
the registration under the Securities Act of 1933, as
amended, of 22,719,813 shares of beneficial interest,
par value $0.10 per share, of the Fund (the "Shares")
which were sold during the Fund's fiscal year ended
December 31, 1994.
As counsel for the Fund, we are familiar with the
proceedings taken by it in connection with the
authorization, issuance and sale of the Shares. In
addition, we have examined and are familiar with the
Declaration of Trust of the Fund, the By-Laws of the
Fund and such other documents as we have deemed
relevant to the matters referred to in this opinion.
Based upon the foregoing, we are of the opinion
that the Shares were legally issued, fully paid and
non-assessable, except that shareholders of the Fund
may under certain circumstances be held personally
liable for the Fund's obligations.
In rendering this opinion, we have relied as to
matters of Massachusetts law upon an opinion of
Bingham, Dana & Gould, dated February 23, 1995,
rendered to the Fund.
We hereby consent to the filing of this opinion
with the Securities and Exchange Commission as
an attachment to the Notice.
Very truly yours,
/s/ Brown & Wood
