October 1, 1995
DREYFUS GLOBAL BOND FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED MARCH 31, 1995
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective October 1, 1995, the Fund terminated its Rule 12b-1
Distribution Plan (the "Plan"). Accordingly, the Fund is no longer subject to
the Plan's .25% annual fee.
THE FOLLOWING INFORMATION SUPPLEMENTS INFORMATION CONTAINED IN THE
SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES."
DREYFUS STEP PROGRAM _ Dreyfus Step Program enables you to purchase Fund
shares without regard to the Fund's minimal initial investment requirements
through Dreyfus-AUTOMATIC Asset BuilderRegistration Mark, Dreyfus Government
Direct Deposit Privilege or Dreyfus Payroll Savings Plan. To establish a
Dreyfus Step Program account, you must supply the necessary information on
the Fund's Account Application and file the required authorization form(s)
with the Transfer Agent. For more information concerning this Program, or to
request the necessary authorization form(s), please call toll free
1-800-782-6620. You may terminate your participation in this Program at any
time by discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder,
Dreyfus Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan,
as the case may be, as provided under the terms of such Privilege(s). The
Fund reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may modify or terminate this
Program at any time. Investors who wish to purchase Fund shares through the
Dreyfus Step Program in conjunction with a Dreyfus-sponsored retirement plan
may do so only for IRAs, SEP-IRAs and IRA "Rollover Accounts." You should
consider your financial condition and the possibility of having to redeem
your Fund shares in times of rising prices or declining Fund share prices.
098/s100195
rminate your participation in
this Program at any time by discontinuing your participation in Dreyfus-AUTOMA
TIC Asset Builder, Dreyfus Government Direct Deposit Privilege or Dreyfus
Payroll Savings Plan, as the case may be, as provided under the terms of such
Privilege(s). The Fund reserves the right to redeem your account if you have
terminated your participation in the Program and your account's net asset
value is $500 or less. See "How to Redeem Fund Shares." The Fund may modify
or terminate this Program at any time. Investors who wish to purchase Fund
shares through the Dreyfus Step Program in conjunction with a
Dreyfus-sponsored retirement plan may do so only for IRAs, SEP-IRAs and IRA
"Rollover Accounts." You should consider your financial condition and the
possibility of having to redeem your Fund shares in times of rising prices or
declining Fund share prices.
098/s120195
December 1, 1995
DREYFUS GLOBAL BOND FUND, INC.
Supplement to Statement of Additional Information
Dated March 31, 1995
The following information supplements and supersedes any
contrary information contained in the Fund's Statement of
Additional Information:
Effective December 1, 1995, Dreyfus Transfer, Inc. (the
"Transfer Agent") became the Fund's transfer and dividend
disbursing agent. The Transfer Agent, a wholly owned subsidiary
of the Manager, is located at One American Express Plaza,
Providence, Rhode Island 02903. Under a transfer agency
agreement with the Fund, the Transfer Agent arranges for the
maintenance of shareholder account records for the Fund, the
handling of certain communications between shareholders and the
Fund and the payment of dividends and distributions payable by
the Fund. For these services, the Transfer Agent receives a
monthly fee computed on the basis of the number of shareholder
accounts it maintains for the Fund during the month, and is
reimbursed for certain out-of-pocket expenses. The Transfer
Agent has no part in determining the investment policies of the
Fund or which securities are to be purchased or sold by the Fund.
How to Buy Fund Shares -- Dreyfus TeleTransfer Privilege.
Dreyfus TeleTransfer purchase orders may be made at any time.
Purchase orders received by 4:00 P.M., New York time, on any
business day that Dreyfus Transfer, Inc., the Fund's transfer and
dividend disbursing agent (the "Transfer Agent"), and the New
York Stock Exchange are open for business will be credited to the
shareholder's Fund account on the next bank business day
following such purchase order. Purchase orders made after 4:00
P.M., New York time, on any business day the Transfer Agent and
the New York Stock Exchange are open for business, or orders made
on Saturday, Sunday or any Fund holiday (e.g., when the New York
Stock Exchange is not open for business), will be credited to the
shareholder's Fund account on the second bank business day
following such purchase order.
