INVESCO COMBINATION STOCK & BOND FUNDS INC
485BPOS, EX-99.POABUNCH, 2000-09-26
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                                POWER OF ATTORNEY

     The person  executing  this Power of  Attorney  hereby  appoints  Edward F.
O'Keefe and Glen A. Payne, or either of them, as his attorney-in-fact to execute
and to file such Registration Statements under federal and state securities laws
and  such  Post-Effective  Amendments  to such  Registration  Statements  of the
hereinafter described entities as such attorney-in-fact,  or either of them, may
deem appropriate:

     INVESCO Bond Funds, Inc.
     INVESCO Combination Stock & Bond Funds, Inc.
     INVESCO International Funds, Inc.
     INVESCO Money Market Funds, Inc.
     INVESCO Sector Funds, Inc.
     INVESCO Stock Funds, Inc.
     INVESCO Treasurer's Series Funds, Inc.
     INVESCO Variable Investment Funds, Inc.

     This Power of Attorney,  which shall not be affected by the  disability  of
the undersigned, is executed and effective as of the 22 day of February, 2000.

                               /s/ James T. Bunch
                               ------------------
                               James T. Bunch

STATE OF COLORADO            )
                             )
COUNTY OF                    )

     SUBSCRIBED,  SWORN TO AND  ACKNOWLEDGED  before me by James T. Bunch,  as a
director of each of the above-described entities, this 22 day of February, 2000.

                             /s/ Marcia Jean Rynaoli
                             -----------------------
                             Notary Public

My Commission Expires: January 30, 2001




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