Independent auditors' consent
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The board and shareholders AXP Bond Fund, Inc.:



We consent to the use of our report incorporated herein by reference and to the
references to our Firm under the headings "Financial Highlights" in Part A and
"INDEPENDENT AUDITORS" in Part B of the Registration Statement.

/s/ KPMG LLP
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    KPMG LLP

Minneapolis, Minnesota
October 25, 2001