SAFECO TAX EXEMPT BOND TRUST
NSAR-A, 1995-11-30
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<PAGE>      PAGE  1
000 A000000 09/30/95
000 C000000 893565
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SAFECO TAX-EXEMPT BOND TRUST
001 B000000 811-7300
001 C000000 2065455172
002 A000000 SAFECO PLAZA S-1
002 B000000 SEATTLE
002 C000000 WA
002 D010000 98185
002 D020000 0000
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 SAFECO MUNICIPAL BOND FUND
007 C030100 N
007 C010200  2
007 C020200 SAFECO CALIFORNIA TAX-FREE INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 SAFECO WASHINGTON MUNICIPAL BOND FUND
007 C030300 N
007 C010400  4
007 C020400 SAFECO INSURED MUNICIPAL BOND FUND
007 C030400 N
007 C010500  5
007 C020500 SAFECO INTERMEDIATE-TERM MUNICIPAL BOND FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 SAFECO ASSET MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-8254
008 D01AA01 SEATTLE
008 D02AA01 WA
008 D03AA01 98185
011 A00AA01 SAFECO SECURITIES, INC.
011 B00AA01 8-13470
<PAGE>      PAGE  2
011 C01AA01 SEATTLE
011 C02AA01 WA
011 C03AA01 98185
012 A00AA01 SAFECO SERVICES CORPORATION
012 B00AA01 84-00138
012 C01AA01 SEATTLE
012 C02AA01 WA
012 C03AA01 98185
013 A00AA01 ERNST & YOUNG
013 B01AA01 SEATTLE
013 B02AA01 WA
013 B03AA01 98104
013 B04AA01 4086
015 A00AA01 U.S. BANK OF WASHINGTON, N.A.
015 B00AA01 C
015 C01AA01 SEATTLE
015 C02AA01 WA
015 C03AA01 98101
015 E01AA01 X
015 A00AA02 BANK OF NEW YORK
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10015
015 E01AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   28
019 C00AA00 SAFECOFUND
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020 C000005      0
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020 C000008      0
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020 C000010      0
021  000000        0
022 A000001 AIM TAX-EXEMPT MONEY MARKET FUND, INC
022 B000001 76-0026440
022 C000001    151884
022 D000001    147838
022 A000002 MERRILL, LYNCH, PIERCE FENNER, & SMITH, INC
022 B000002 13-5674085
022 C000002     15030
022 D000002     13930
022 A000003 MORGAN (J.P.), SECURITIES, INC
022 B000003 13-3224016
022 C000003     12715
<PAGE>      PAGE  3
022 D000003     12759
022 A000004 PROVIDENT CALIFORNIA MONEY FUND
022 B000004 13-2518466
022 C000004      9774
022 D000004     11918
022 A000005 STONE & YOUNGBERG
022 B000005 94-1052545
022 C000005      4954
022 D000005      2839
022 A000006 DILLON, READ & CO., INC.
022 B000006 13-1939216
022 C000006         0
022 D000006      7095
022 A000007 SMITH BARNEY SHEARSON INC.
022 B000007 13-1912900
022 C000007      3849
022 D000007         0
022 A000008 EDWARDS, (A.G.) & SONS, INC.
022 B000008 43-0895447
022 C000008       246
022 D000008      2338
022 A000009 WHEAT, FIRST SECURITIES, INC.
022 B000009 54-0796506
022 C000009         0
022 D000009       474
022 A000010 PIPER JAFFRAY INC.
022 B000010 41-0953246
022 C000010         0
022 D000010       299
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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028 G020500       172
028 G030500         0
028 G040500      1590
028 H000500         0
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.000
048 A010500   250000
048 A020500 0.550
048 B010500   250000
048 B020500 0.450
048 C010500   250000
048 C020500 0.350
048 D010500        0
<PAGE>      PAGE  19
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500   750000
048 K020500 0.250
062 A000500 Y
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500  97.9
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.9
063 A000500   0
063 B000500  7.8
064 A000500 Y
064 B000500 N
071 A000500         0
071 B000500         5
071 C000500     97660
071 D000500    0
072 A000500  6
072 B000500      372
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500       38
072 G000500        0
072 H000500        0
072 I000500        9
072 J000500        1
<PAGE>      PAGE  20
072 K000500        0
072 L000500        1
072 M000500        2
072 N000500        0
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500        7
072 S000500        0
072 T000500        0
072 U000500        2
072 V000500        0
072 W000500        0
072 X000500       60
072 Y000500        0
072 Z000500      312
072AA000500        0
072BB000500        0
072CC010500      459
072CC020500        0
072DD010500      312
072DD020500        0
072EE000500        0
073 A010500   0.2263
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500        0
074 D000500    14134
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500      125
074 J000500        0
074 K000500        0
074 L000500      209
074 M000500       10
074 N000500    14478
074 O000500        0
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500       44
074 S000500        0
074 T000500    14434
074 U010500     1374
<PAGE>      PAGE  21
074 U020500        0
074 V010500    10.50
074 V020500     0.00
074 W000500   0.0000
074 X000500      365
074 Y000500        0
075 A000500        0
075 B000500    14256
076  000500     0.00
SIGNATURE   DAVID F HILL                                 
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 1
   <NAME> SAFECO MUNICIPAL BOND FUND
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 2
   <NAME> SAFECO CALIFORNIA TAX FREE INCOME FUND
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<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 3
   <NAME> SAFECO INTERMEDIATE TERM MUNICIPAL BOND FUN
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO INSURED MUNICIPAL BOND FUND
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<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<INTEREST-EXPENSE>                                 0
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<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            10.27
<EXPENSE-RATIO>                                 1.00
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 5
   <NAME> SAFECO WASHINGTON STATE MUNICIPAL BOND FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                        MAR-31-1996
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<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>


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