FIRST TRUST OF INSURED MUNICIPAL BONDS SERIES 153
485BPOS, 1996-11-29
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                                           File No. 33-08659
                                                            
             SECURITIES AND EXCHANGE COMMISSION
                 WASHINGTON, D.C. 20549-1004
                              
                       POST-EFFECTIVE
                       AMENDMENT NO. 9
                              
                             TO
                              
                          FORM S-6

For Registration Under the Securities Act of 1933 of
Securities of Unit Investment Trust Registered on Form N-8B-2

   THE FIRST TRUST OF INSURED MUNICIPAL BONDS, SERIES 153
                    (Exact Name of Trust)
                              
                    NIKE SECURITIES L.P.
                 (Exact Name of Deopositor)
                              
                    1001 Warrenville Road
                    Lisle, Illinois 60532
                              
    (Complete address of Depositor's principal executive offices)
                              
                              
               NIKE SECURITIES L.P.     CHAPMAN AND CUTLER
               Attn:  James A. Bowen    Attn:  Eric F. Fess
               1001 Warrenville Road    111 West Monroe Street
               Lisle, Illinois 60532    Chicago, Illinois 60603


      (Name and complete address of agents for service)
                              
It is proposed that this filing will become effective (check
appropriate box)

:     :   immediately upon filing pursuant to paragraph (b)
:  X  :   November 29, 1996
:     :   60 days after filing purusuant to paragraph (a)
:     :   on (date) pursuant to paragraph (a) of rule (485 or 486)
     
     Pursuant to Rule 24f-2 under the Investment Company Act
of  1940, the issuer has registered an indefininte amount of
securities.  A 24 f-2 Notice for the offering was last filed
on September 13, 1996.
                              
            CONTENTS OF POST-EFFECTIVE AMENDMENT
                  OF REGISTRATION STATEMENT
                              
     
     This Post-Effective Amendment of Registration Statement
comprises the following papers and docuements:

                                   The facing sheet

                                   The prospectus

                                   The signatures

                                   The Consent of Independent Auditors

                                   Financial Data Schedule

                THE PURPOSE OF THE AMENDMENT
                              
     
     The  purpose  of  this amendment is  to  terminate  the
declaration  made  pursuant to Rule 24f-2 promulgated  under
the  Investment  Company Act of 1940,  as  amended,  because
Units  of The First Trust of Insured Municipal Bonds, Series
153  are  no longer being offered for sale in the  secondary
market.   A  final  Rule 24f-2 Notice with respect  to  such
sereis has been filed  concurrently with this filing.


                             S-1
                         SIGNATURES
     
     Pursuant to the requriements of the Securities  Act  of
1933,  the  Registrant, The First Trust of Insured Municipal
Bonds,  Series  153,  certifies that it  meets  all  of  the
requriements   for   effectiveness  of   this   Registration
Statement  pursuant to Rule 485(b) under the Securities  Act
of 1933 and has duly caused this Post-Effective Amendment of
its Registration Statement to be signed on its behalf by the
undersigned  thereunto duly authorized  in  the  Village  of
Lisle and State of Illinois on November 29, 1996.

                      THE FIRST TRUST OF INSURED MUNICIPAL BONDS,
                                    SERIES 153
                                          (Registrant)
                                 By     NIKE SECURITIES L.P.
                                          (Depositor)
                              
                                 By     Robert M. Porcellino
                                        Vice President
     
     Pursuant to the requirements of the Securities Act of
1933,   this   Post-Effective  Amendment   of   Registration
Statement  has been signed below by the following person  in
the capacity and on the date indicated:

Signature                     Title                    Date

Robert D. Van Kampen     Sole Director of    )
                         Nike Securities     )
                         Corporation, the    )
                         General Partner     ) November 29, 1996
                    of Nike Securities L.P.  )
                                             )
                                             )
                                             Robert M. Porcellino
                                             )Attorney-in-Fact**


*     The  title  of the person named herein represents  his
capacity  in  and     relationship to Nike Securities  L.P.,the
Depositor.

**    An executed copy of the related power of attorney  was
filed  with  the  Securities  and  Exchange  Commission   in
connection  with Amendment No. 1 to Form S-6  of  The  First
Trust  Special  Situations Trust, Series 18  (File  No.  33-
42683)  and the same is hereby incorporated herein  by  this
reference.

                             S-2
                              
               CONSENT OF INDEPENDENT AUDITORS
                              
We  consent  to the reference to our firm under the  caption
"Experts"  and  to the use of our report dated  October  31,
1996  in  this  Post-Effective Amendment to the Registration
Statement  and  related Prospectus of  The  First  Trust  of
Insured Municipal Bonds dated November 26, 1996.


                                           ERNST & YOUNG LLP
                                                            
Chicago, Illinois
November 25, 1996




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