March 4, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Value Line Intermediate Bond Fund, Inc.
(formerly known as Value Line Adjustable
Rate U.S. Government Securities Fund, Inc,.
File #33-44133; #811-6482
Rule 497(j)
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Dear Sir/Madam:
On behalf of the Registrant, the undersigned certifies that
the form of Prospectus and Statement of Additional Information that
would have been filed under Section 497(c) would not have differed
from those contained in the text of the Registrant's most recent
post-effective amendment to its registration statement that was
filed electronically via Edgar with the Securities and Exchange
Commission.
Very truly yours,
Peter D. Lowenstein
Legal Counsel
PDL:rs
