<SEC-DOCUMENT>0000891092-15-001709-index.html : 20150227
<SEC-HEADER>0000891092-15-001709.hdr.sgml : 20150227
<ACCEPTANCE-DATETIME>20150227162251
ACCESSION NUMBER:		0000891092-15-001709
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20141231
FILED AS OF DATE:		20150227
DATE AS OF CHANGE:		20150227
EFFECTIVENESS DATE:		20150227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL BOND FUND, INC.
		CENTRAL INDEX KEY:			0000225635
		IRS NUMBER:				132896246
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02688
		FILM NUMBER:		15659087

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-441-7762

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MERRILL LYNCH MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ONE LIBERTY MUNICIPAL BOND FUND INC
		DATE OF NAME CHANGE:	19780622
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000225635
<SERIES-ID>S000002334
<SERIES-NAME>BlackRock National Municipal Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006118
<CLASS-CONTRACT-NAME>Investor A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006119
<CLASS-CONTRACT-NAME>Investor B
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006120
<CLASS-CONTRACT-NAME>Investor C1
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006121
<CLASS-CONTRACT-NAME>Institutional
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000038033
<CLASS-CONTRACT-NAME>Investor C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000100249
<CLASS-CONTRACT-NAME>Service Shares
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000100250
<CLASS-CONTRACT-NAME>BlackRock Shares
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225635
<SERIES-ID>S000002335
<SERIES-NAME>BlackRock Short-Term Municipal Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006122
<CLASS-CONTRACT-NAME>Investor A1
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006124
<CLASS-CONTRACT-NAME>Investor C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000006125
<CLASS-CONTRACT-NAME>Institutional
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000038034
<CLASS-CONTRACT-NAME>Investor A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000038035
<CLASS-CONTRACT-NAME>BlackRock
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000038044
<CLASS-CONTRACT-NAME>Service
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000225635
<SERIES-ID>S000011867
<SERIES-NAME>BlackRock High Yield Municipal Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000032425
<CLASS-CONTRACT-NAME>Investor A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000032427
<CLASS-CONTRACT-NAME>Investor C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000032428
<CLASS-CONTRACT-NAME>Institutional
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>e62191ncsrs.htm
<DESCRIPTION>SEMI-ANNUAL REPORT
<TEXT>
Document 1 - file: e62191ncsrs.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>e62191ex99cert.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
Document 2 - file: e62191ex99cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>3
<FILENAME>e62191ex99-906cert.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
Document 3 - file: e62191ex99-906cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>blackrock_1-5in.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: blackrock_1-5in.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>blackrock_ko.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: blackrock_ko.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>e62191hymf.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: e62191hymf.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>e62191nmf.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: e62191nmf.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>e62191nymf.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: e62191nymf.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>e62191stmf.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: e62191stmf.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>leaf_text-edelivery.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: leaf_text-edelivery.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>robkapito_photo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: robkapito_photo.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>robkapito_sig.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: robkapito_sig.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>tocdeliverylogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: tocdeliverylogo.jpg

</DOCUMENT>
</SEC-DOCUMENT>