MERRILL LYNCH MUNICIPAL BOND FUND, INC.

NATIONAL PORTFOLIO

SERIES NO. 1

FILE # 811-2688

ATTACHMENT 77O

TRADE DATE		DESCRIPTION OF SECURITY	AMOUNT PURCHASED	ISSUE SIZE	MEMBER OF UNDERWRITING SYNDICATE FROM WHOM FUND PURCHASED
	08/15/2002	Tobacco Settlement Fin Corp 6% 06/01/37	1,801,455,000	11,000,000	Salomon
	09/12/2002	NY Dorm Auth 5.25% 11/15/23	1,074,885,000	21,720,000	Lehman Bros
	11/07/2002	CA ST. Dept Wtr Res Power Supply 5.75% 05/01/17	6,313,500,000	7,500,000	Chase/JP Morgan