FORM N-18F-1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18F-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
KEMPER INTERNATIONAL BOND FUND
Exact Name of Registrant
NOTIFICATION OF ELECTION
The undersigned registered open-end investment company hereby
notifies the Securities and Exchange Commission that it elects to
commit itself to pay in cash all redemptions by a shareholder of
record as provided by Rule 18f-1 under the Investment Company Act
of 1940. It is understood that this election is irrevocable while
such Rule is in effect unless the Commission by order upon
application permits the withdrawal of the Notification of Election.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
City of Chicago and the State of Illinois on the 27th day of
January, 1995.
KEMPER INTERNATIONAL BOND FUND
By:/S/JOHN E. PETERS
______________________________
John E. Peters, Vice President
Attest:/S/PHILIP J. COLLORA
_____________________
Philip J. Collora
Assistant Secretary
