Exhibit 10(b)

INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement of
Merrill Lynch Municipal Bond Fund, Inc. on Form N-14 of our report dated
February 7, 2003 appearing in the December 31, 2002 Annual Report of The
Municipal Fund Accumulation Program, Inc. in the Statement of Additional
Information which is part of this Registration Statement. We also consent to the
references to us under the captions "EXPERTS" and "Financial Highlights"
appearing in the Joint Proxy Statement and Prospectus, which is also part of
this Registration Statement.


/s/ Deloitte & Touche LLP

Princeton, New Jersey
December 24, 2003