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SIGNATURE GRACE TORRES
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000839636
<NAME> THE BLACKROCK TARGET TERM TRUST INC.
<S> <C>
<PERIOD-TYPE> YEAR
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<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 1,353,502,002
<INVESTMENTS-AT-VALUE> 1,393,224,540
<RECEIVABLES> 43,623,008
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<OTHER-ITEMS-ASSETS> 0
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<PAID-IN-CAPITAL-COMMON> 892,589,507
<SHARES-COMMON-STOCK> 95,460,639
<SHARES-COMMON-PRIOR> 45,410,639
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<OVERDISTRIBUTION-NII> 0
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</TABLE>
EXHIBIT 77J
Reclassification of Capital Accounts: The BlackRock
Target Term Trust Inc. accounts for and reports for
distributions to shareholders in accordance with the
American Institute of Certified Public Accountants'
Statement of Position 93-2: Determination, Disclosure,
and Financial Statement Presentation of Income, Capital
Gains, and Return of Capital Distributions by
Investment Companies. The effect of applying this
statement was to decrease paid in capital and increase
undistributed net investment income by $814,045 due to
certain expenses not being deductible for tax purposes.
Net investment income, net realized gains and net
assets were not affected by this change.
INDEPENDENT AUDITORS' REPORT
To the Shareholders and Board of Directors of
The BlackRock Target Term Trust, Inc.:
In planning and performing our audit of the financial
statements of The BlackRock Target Term Trust, Inc. (the
"Fund") for the year ended December 31, 1998 (on which we
have issued our report dated February 12, 1999), 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 generally accepted accounting
principles. Those controls include the safeguarding of
assets against unauthorized acquisition, use, or
disposition.
Because of inherent limitations in any internal control,
misstatements due to errors 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 the
internal control 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 errors 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 December 31,
1998.
This report is intended solely for the information and use
of management and the Board of Directors of The BlackRock
Target Term Trust, Inc. and is not intended to be and should
not be used by anyone other than these specified parties.
February 12, 1999
