SAFECO TAX EXEMPT BOND TRUST
NSAR-A, 1997-08-22
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<PAGE>      PAGE  1
000 A000000 06/30/97
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, LLP.
013 B01AA01 SEATTLE
013 B02AA01 WA
013 B03AA01 98104
013 B04AA01 4086
015 A00AA01 STATE STREET BANK
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 DELETE
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   25
019 C00AA00 SAFECOFUND
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 FEDERATED TAX-EXEMPT MONEY MARKET FUND, INC.
022 B000001 25-6207710
022 C000001     50641
022 D000001     51953
022 A000002 A. G. EDWARDS
022 B000002 43-0895447
022 C000002      7339
022 D000002     19827
022 A000003 PRUDENTIAL BACHE SECURITIES, INC.
022 B000003 13-2308901
022 C000003      6002
022 D000003     13604
022 A000004 SEI TAX-EXEMP TRUST INSTITUTIONAL
022 B000004 93-6021572
022 C000004      8274
022 D000004      9588
<PAGE>      PAGE  3
022 A000005 SMITH, BARNEY, HARRIS, UPHAM, & CO.
022 B000005 13-1912900
022 C000005     10683
022 D000005      3083
022 A000006 MERRILL, LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000006 13-5674085
022 C000006      6220
022 D000006      6872
022 A000007 RAYMOND JAMES & ASSOCAITES
022 B000007 59-1237041
022 C000007      4754
022 D000007      3792
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2518466
022 C000008      6002
022 D000008         0
022 A000009 STONE & YOUNGBERG
022 B000009 94-1052545
022 C000009      3624
022 D000009      1946
022 A000010 GOLDMAN, SACHS, & CO.
022 B000010 13-5108880
022 C000010      1825
022 D000010      2116
023 C000000     112875
023 D000000     115728
024  00AA00 N
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025 D00AA07       0
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026 A000000 N
026 B000000 Y
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026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
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029  00AA00 Y
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030 B00AA00  4.50
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031 B00AA00      0
<PAGE>      PAGE  4
032  00AA00      0
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052  00AA00 N
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054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 Y
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
066 A00AA00 N
067  00AA00 N
<PAGE>      PAGE  5
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 N
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<PAGE>      PAGE  6
077 M000000 N
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080 A00AA00 UNITED PACIFIC INSURANCE CO.
080 C00AA00     3000
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028 F020100      1276
<PAGE>      PAGE  7
028 F030100         0
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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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<PAGE>      PAGE  18
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045  000500 Y
<PAGE>      PAGE  19
046  000500 N
047  000500 Y
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048 C020500 0.350
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048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
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048 G020500 0.000
048 H010500        0
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048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
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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  98.8
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.2
063 A000500   0
063 B000500  7.5
064 A000500 Y
064 B000500 N
071 A000500      1036
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071 C000500     13740
071 D000500    8
<PAGE>      PAGE  20
072 A000500  6
072 B000500      365
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500       38
072 G000500        0
072 H000500        0
072 I000500        5
072 J000500        4
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072 M000500        2
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072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500        7
072 S000500        0
072 T000500        0
072 U000500        2
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072 W000500        0
072 X000500       59
072 Y000500        0
072 Z000500      306
072AA000500       12
072BB000500        0
072CC010500       27
072CC020500        0
072DD010500      306
072DD020500        0
072EE000500        0
073 A010500   0.2319
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500        0
074 D000500    13597
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500      215
074 M000500        0
074 N000500    13812
<PAGE>      PAGE  21
074 O000500        0
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500       71
074 S000500        0
074 T000500    13741
074 U010500     1292
074 U020500        0
074 V010500    10.64
074 V020500     0.00
074 W000500   0.0000
074 X000500      319
074 Y000500        0
075 A000500        0
075 B000500    13947
076  000500     0.00
SIGNATURE   DAVID F HILL                                 
TITLE       PRESIDENT           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
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   <NAME> SAFECO MUNICIPAL BOND FUND CLASS A
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 1
   <NAME> SAFECO MUNICIPAL BOND FUND CLASS B
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 2
   <NAME> SAFECO CALIFORNIA TAX FREE INCOME FUND NO L
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 2
   <NAME> SAFECO CALIFORNIA TAX FREE INCOME FUND CLAS
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<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   SEMI-ANNUAL
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<AVG-DEBT-PER-SHARE>
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 2
   <NAME> SAFECO CALIFORNIA TAX FREE INCOME FUND CLAS
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   SEMI-ANNUAL
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<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 5
   <NAME> SAFECO WASHINGTON STATE MUNICIPAL BOND FUND
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<S>                             <C>
<PERIOD-TYPE>                   SEMI-ANNUAL
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<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>                   SEMI-ANNUAL
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<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>                   SEMI-ANNUAL
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO INSURED MUNICIPAL BOND FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   SEMI-ANNUAL
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<EXPENSE-RATIO>                                 0.95
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<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000893565
<NAME> SAFECO TAX EXEMPT BOND TRUST
<SERIES>
   <NUMBER> 3
   <NAME> SAFECO INTERMEDIATE TERM MUNICIPAL BOND FUN
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   SEMI-ANNUAL
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<EXPENSE-RATIO>                                 0.86
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>


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