December 17, 2003

Securities and Exchange Commission
450 Fifth Street N.W.
ATTN: Ms. Linda Stirling
Document Control - EDGAR
Washington, D.C. 20549-1004

Re:        AXP High Yield Income Series, Inc.
           (formerly AXP Extra Income Fund, Inc.)
                AXP High Yield Bond Fund
           File No. 2-86637/811-3848

Dear Ms. Stirling:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, please
accept this letter as certification that the prospectus and statement of
additional information for the above referenced fund does not differ from that
contained in the Registrant's Post-Effective Amendment No. 38 (Amendment). This
Amendment was filed electronically on December 12, 2003.

If you have any questions or concerns regarding this filing, please contact
Heidi Brommer at (612) 671-2403 or me at 612-671-7981.


Sincerely,




/s/ H. Bernt von Ohlen
-----------------------
    H. Bernt von Ohlen
    Vice President and Group Counsel
    American Express Financial Corporation