INTERCAPITAL INSURED MUNICIPAL BOND TRUST
NSAR-B, 1997-12-23
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<PAGE>      PAGE  1
000 B000000 10/31/97
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<PAGE>      PAGE  2
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SIGNATURE   BARRY FINK                                   
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
InterCapital Insured Municipal Bond Trust
Annual NSAR 10/31/97
</LEGEND>
<CIK> 0000861185
<NAME> INTERCAPITAL INSURED MUNICIPAL BOND TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               OCT-31-1997
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</TABLE>


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