MUNICIPAL BOND TRUST SERIES 233
485BPOS, EX-99.C3, 2000-10-06
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  CONSENT OF INDEPENDENT AUDITORS
  We consent to the reference to our firm under the caption
  "Independent Auditors" and to the use of our report dated
  September 27, 2000, in the Registration Statement and
  related Prospectus of The Municipal Bond Trust, Series 233.
  /s/ ERNST & YOUNG LLP
  New York, New York
  October 5, 2000


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