EXHIBIT 77.O
77.O TRANSACTIONS EFFECTED PURSUANT TO RULE 10F-3
Columbia Balanced Fund, Inc.:
Qualifying transactions are listed below. On a quarterly
basis, the Registrant's Board of Directors receives a Form
10F-3 containing information that enables them to determine
that all purchases made during the quarter were effected in
compliance with the Registrant's 10F-3 procedures.
1) Issuer: Park Place Entertainment
Date of Purchase: 2/15/2000
Underwriter from whom Purchased:
Merrill Lynch & Co.
Affiliated Underwriters:
FleetBoston Corp.
Other Members of Syndicate:
Merrill Lynch & Co.
Banc of America Securities LLC
Bear Stearns & Co.
Deutsche Banc Alex Brown
BNY Capital Markets
First Union Securities
Scotia Capital, Inc.
SG Cowen Securities Corp.
Wasserstein Perella & Co.
Aggregate dollar amount of purchase:
$7,000,000 par
Aggregate dollar amount of offering:
$50,000,000
Purchase price (net of fees and expenses):
$6,944,000
Date offering commenced:
2/15/2000
Commission: $56,000
2) Issuer: Sycamore Networks, Inc.
Date of Purchase: 3/14/2000
Underwriter from whom Purchased:
First Boston (Credit Suisse)
Affiliated Underwriters:
Robertson Stephens
Other Members of Syndicate:
Morgan (JP) & Co.
Lehman Brothers
Dain Rquscher Wessels
Morgan Stanley Dean Witter
Thomas Weisel Partners LLC
Aggregate dollar amount of purchase:
$56,343,750
Aggregate dollar amount of offering:
$253,750,000
Purchase price (net of fees and expenses):
$146.83 per share
Date offering commenced:
3/14/2000
Commission: $3.42
3) Issuer: Clear Channel Communications
Date of Purchase: 6/14/2000
Underwriter from whom Purchased:
First Boston (Credit Suisse)
Affiliated Underwriters:
Fleet Securities
Other Members of Syndicate:
Salomon Smith Barney
Banc of America Securities LLC
Chase Securities
Deutsche Banc Alex Brown
First Union Securities
Aggregate dollar amount of purchase:
$5,000,000 par
Aggregate dollar amount of offering:
$7,500,000,000
Purchase price (net of fees and expenses):
$4,979,600
Date offering commenced:
6/14/2000
Commission: $17,500
