AMERICAN CENTURY INTERNATIONAL BOND FUND
STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT
Supplement dated December 28, 1999 * Statement of Additional Information dated
May 1, 1999
The following is inserted immediately after the chart for Fundamental Investment
Policies on page 10.
For purposes of the investment restrictions relating to lending and borrowing,
the fund has received an exemptive order from the SEC regarding interfund
lending. Under the terms of the exemptive order, the fund may borrow money from
or lend money to other funds, advised by ACIM, that permit such transactions.
All such transactions will be subject to the limits set above for borrowing and
lending. The fund will borrow money through the program only when the costs are
equal to or lower than the cost of short-term bank loans. Interfund loans and
borrowings normally extend only overnight, but can have a maximum duration of
seven days. The fund will lend through the program only when the returns are
higher than those available from other short-term instruments (such as
repurchase agreements). The fund may have to borrow from a bank at a higher
interest rate if an interfund loan is called or not renewed. Any delay in
repayment to a lending fund could result in a lost investment opportunity or
additional borrowing costs.
SH-SPL-19158 9912
