TRAVELERS FUND BD FOR VARIABLE ANNUITIES
24F-2NT, 1998-02-26
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<PAGE>  1       
Securities and Exchange Commission       
Washington, D.C. 20549       
Form 24F-2       
Annual Notice of Securities Sold       
Pursuant To Rule 24f-2       
1.Name and Address of Issuer:	THE TRAVELERS FUND BD FOR VARIABLE ANNUITIES      
     
2.Name of Each Series or Class of Funds For Which This Notice        
is Filed:      
     
3.Investment Company Act File Number:	811-8242       
Securities Act File Number:	33-73466      
     
4.Last Day of Fiscal Year For Which This Notice is Filed:        
		DECEMBER 31, 1997     
      
5.Check Box if this notice is being filed more than 180 days        
after the close of the issuer's fiscal year for purposes of        
reporting securities sold after the close of the fiscal year        
but before termination of the issuer's 24f-2 declaration: [ ]      
     
6.Date of termination of issuer's declaration under Rule       
24f-2(a)(1) if applicable (see Instruction A.6):      
     
7.Number and amount of securities of the same class or series        
which had been registered under the Securities Act of 1933        
other than pursuant to Rule 24f-2 in a prior fiscal year, but        
which remained unsold at the beginning of the fiscal year:       
			0      
     
8.Number and amount of securities registered during the        
fiscal year other than pursuant to Rule 24f-2:       
			0      
     
9.Number and aggregate sale price of securities sold during        
the fiscal year:       
		371,161,922 / $519,404,204      
     
10.Number and aggregate sale price of securities sold during        
the fiscal year in reliance upon registration pursuant to        
Rule 24f-2:       
		371,161,922 / $519,404,204      
    
    
    
    
    
    
    
    
    
    
    
    
    
     
<PAGE>  2       
11.Number and aggregate sale price of securities issued        
during the fiscal year in connection with dividend        
reinvestment plans, if applicable (see instruction B.7):       
    
12.Calculation of registration fee:       
    
<TABLE>       
    
<S>  	<C>								<C>       
(I)  	Aggregate sale price of securities       
	sold during the fiscal year in       
	reliance on rule 24f-2 (from Item 10):  				$     519,404,204    
     
(ii) 	Aggregate price of shares issued in       
	connection with dividend reinvestment       
	plans (from Item 11, if applicable):   					+               0    
     
(iii)	Aggregate price of shares redeemed or       
	repurchased during the fiscal year       
					                                   			 	-     268,010,950     
       
(iv)	Aggregate price of shares redeemed or       
	repurchased and previously applied as       
	a reduction to filing fees pursuant to       
	Rule 24e-2 (if applicable):			           			+               0     
							                                  		---------------------    
     
(v)	Net aggregate price of securities sold       
	and issued during the fiscal year in       
	reliance on rule 24f2[line(i), plus       
	line (ii), less line (iii), plus line       
	(iv)] if (applicable):		               				       251,393,254    
     
(vi)	Multiplier prescribed by Section 6(b)       
	of the Securities Act of 1933 or other       
	applicable law or regulation       
	(see instruction C.6):	              					           X.000295  
				                                  					---------------------    
     
(vii)	Fee due [line (i) or line (v) multiplied       
	by line (vi)]:		                     					$         74,161.01     
			                                         						=============     
    
    
    
    
    
    
    
    
    
    
    
    
     
</TABLE>       
<PAGE>   3       
Instruction:	Issuers should complete lines (ii), (iii),       
(iv), and (v) only if the form is being filed        
within 60 days after the close of the issuer's        
fiscal year.  See instruction C.3.      
     
13.  Check box if fees are being remitted to the Commission's        
lockbox depository as described in section 3a of the        
Commission's Rules of Informal and Other Procedures       
(17 CFR      202.3a). [ ]      
     
Date of mailing or wire transfer of filing fees to the        
Commission's lockbox depository:       February 26, 1998
     
SIGNATURES      
     
This report has been signed below by the following persons on        
behalf of the issuer and in the capacities and on the dates indicated.       
By (Signature and Title)*				/s/ Kathleen A. McGah       
						-----------------------------------------       
						Counsel and Assistant Secretary       
						-----------------------------------------       
Date: 	2/26/98       
	------------------      
     
			*	Please print the name and title of the signing       
				officer below the signature.


OPINION OF COUNSEL

Re:  Rule 24f-2 Notice for The Travelers Fund  BD for 
Variable Annuities; File No. 33-73466

	With  regard to the Rule 24f-2 Notice filed by The  
Travelers Fund BD for Variable Annuities covering variable  
annuity  contracts,  I   have examined  such documents and 
such law as  I  have considered necessary and appropriate, 
and on  the basis of such examination, it is my opinion 
that:

	1.The Travelers Insurance Company  is duly organized  
	and existing  under  the laws of the State of Connecticut 
	and  has been  duly authorized to do business  and to  issue  
	variable annuity contracts  by the  Insurance Commissioner 
	of the State of Connecticut.

	2.The  Travelers Fund BD for Variable Annuities is  a  
	duly  authorized and validly existing separate 
	account established pursuant to Section 38a-433 of the 
	Connecticut General Statutes.

	3.The variable  annuity  contracts issuedare  valid,  legal  
	and  binding obligations  of The Travelers  Insurance 
	Company;   the securities are legally issued, fully paid 
	and nonassessable. 

	4.Assets of The Travelers Fund BD for Variable Annuities  
	are  not  chargeable with liabilities arising  out  of  any 
	other business which The Travelers Insurance Company may conduct. 

/s/ Kathleen A. McGah
- ------------------------------------------
Counsel and Assistant Secretary 
The Travelers Insurance Company

Dated: February 26, 1998




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