INDEPENDENT AUDITORS' REPORT
Capital World Bond Fund, Inc.:
In planning and performing our audit of the financial
statements of Capital World Bond Fund, Inc. (the
"Fund") for the year ended September 30, 2000 (on
which we have issued our report dated October 31,
2000), we considered its internal control, including
control activities for safeguarding securities, in
order to determine our auditing procedures for the
purpose of expressing our opinion on the financial
statements and to comply with the requirements of
Form N-SAR, and not to provide assurance on the
Fund's internal control.
The management of the Fund is responsible for
establishing and maintaining internal control. In
fulfilling this responsibility, estimates and
judgments by management are required to assess the
expected benefits and related costs of controls.
Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing
financial statements for external purposes that are
fairly presented in conformity with accounting
principles generally accepted in the United States of
America. Those controls include the safeguarding of
assets against unauthorized acquisition, use, or
disposition.
Because of inherent limitations in any internal
control, misstatements due to error or fraud may
occur and not be detected. Also, projections of any
evaluation of internal control to future periods are
subject to the risk that it may become inadequate
because of changes in conditions or that the degree
of compliance with policies or procedures may
deteriorate.
Our consideration of the Fund's internal control
would not necessarily disclose all matters in
internal control that might be material weaknesses
under standards established by the American Institute
of Certified Public Accountants. A material weakness
is a condition in which the design or operation of
one or more of the internal control components does
not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts
that would be material in relation to the financial
statements being audited may occur and not be
detected within a timely period by employees in the
normal course of performing their assigned functions.
However, we noted no matters involving the Fund's
internal control and its operation, including
controls for safeguarding securities, that we
consider to be material weaknesses as defined above
as of September 30, 2000.
This report is intended solely for the information
and use of management, the Board of Directors of
Capital World Bond Fund, Inc. and the Securities and
Exchange Commission and is not intended to be and
should not be used by anyone other than these
specified parties.
DELOITTE & TOUCHE LLP
Los Angeles, California
October 31, 2000
