August 2, 1994
DREYFUS GLOBAL BOND FUND INC.
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 28, 1994
I. PROPOSED MERGER OF THE DREYFUS CORPORATION
The Fund's adviser, The Dreyfus Corporation ("Dreyfus"), has entered into an
Agreement and Plan of Merger providing for the merger (the "Merger") of Dreyfus
with a subsidiary of Mellon Bank, N.A. ("Mellon").
Following the Merger, it is planned that Dreyfus will be a direct subsidiary
of Mellon Bank. Closing of the Merger is subject to a number of contingencies,
including approvals of the stockholders of Dreyfus and of Mellon. The Merger is
expected to occur in late August 1994, but could occur significantly later. The
Merger will result in the automatic termination of (i) the Fund's current
investment advisory agreement with Dreyfus and (ii) the current sub-investment
advisory agreement between Dreyfus and M&G Investment Management Limited, as
required by the Investment Company Act of 1940, as amended. The Merger also will
necessitate implementation of a new Distribution Plan.
II. RESULTS OF FUND SHAREHOLDER VOTE
On August 2, 1994, the Fund's shareholders voted to (a) approve a new
investment advisory agreement with Dreyfus, (ii) a new Distribution Plan, and
(iii) a new sub-investment advisory agreement between Dreyfus and M&G Investment
Management Limited, each to become effective upon consummation of the Merger.
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