AMENDMENT TO CUSTODIAN CONTRACT
Agreement made by and between State Street and Trust Company
(the Custodian) and Alliance Bond Fund, Inc. (The Fund). WHEREA
S, the Custodian and the Fund are parties to a custodian contract
dated December 27, 1987, amended September 16, 1992 (the Custodian
Contract) governing the terms and conditions under which the
Custodian maintains custody of the securities and other assets of
the Fund; and
WHEREAS, the Custodian and the Fund desire to amend the terms
and conditions under which the Custodian maintains the Funds
securities and other non-cash property in the custody of certain
foreign sub-custodians in conformity with the requirements of Rule
17f-5 under the Investment Company Act of 1940, as amended.
NOW THEREFORE, in consideration of the premises and covenants
contained herein, the Custodian and the Fund hereby amend the
Custodian Contract by the addition of the following terms and
provisions;
Notwithstanding any provisions any provisions to the contrary
set forth in the Custodian Contract, the Custodian may hold
securities and other non-cash property for all of its customers,
including the Fund, with a foreign sub-custodian in a single
account that is identified as belonging to the Custodian for the
benefit of its customers, provided however, that (i) the records
of the Custodian with respect to securities entry those securities
and other non-cash securities and other non-cash property
belonging to the Fund and (ii) the Custodian shall require that
securities and other non-cash property so held by the foreign sub-
custodian be held separately from any assets of the foreign sub-
custodian or of others.
Except as specifically superseded or modified herein, the
terms and provisions of the Custodian Contract shall continue to
apply with full force and effect.
IN WITNESS WHEREOF, each of the parties has caused this
instrument to be executed as a sealed instrument in its name and
behalf by its duly authorized representative this day of
, 1996.
ALLIANCE BOND FUND, INC.
By:
Title:
STATE STREET BANK AND TRUST COMPANY
By:
Title:
