N-Q 1 form-949.htm FORM N-Q form-949
UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549 
 
 
FORM N-Q 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY 
 
Investment Company Act file number 811-4074 
 
General New York Municipal Bond Fund, Inc. 
(Exact name of Registrant as specified in charter) 
 
 
c/o The Dreyfus Corporation 
200 Park Avenue 
New York, New York 10166 
(Address of principal executive offices) (Zip code) 
 
Michael A. Rosenberg, Esq. 
200 Park Avenue 
New York, New York 10166 
(Name and address of agent for service) 
 
Registrant's telephone number, including area code: (212) 922-6000 

Date of fiscal year end:    10/31 
Date of reporting period:    07/31/07 

FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS             
General New York Municipal Bond Fund, Inc.             
July 31, 2007 (Unaudited)                 
 
Long-Term Municipal    Coupon    Maturity    Principal     
Investments--97.1%    Rate (%)    Date    Amount ($)    Value ($) 
New York--90.4%                 
Buffalo Fiscal Stability                 
Authority, Sales Tax and State                 
Aid Revenue (Insured; MBIA)    5.00    9/1/16    3,000,000    3,207,930 
Dutchess County Industrial                 
Development Agency, Civic                 
Facility Revenue (Bard College                 
Civic Facility)    5.00    8/1/20    1,000,000    1,033,400 
Hempstead Industrial Development                 
Agency, Civic Facility Revenue                 
(Adelphi University Civic                 
Facility)    5.00    10/1/30    2,000,000    2,059,040 
Hudson Yards Infrastructure                 
Corporation, Hudson Yards                 
Senior Revenue (Insured; FGIC)    5.00    2/15/47    2,000,000    2,064,300 
Huntington Housing Authority,                 
Senior Housing Facility                 
Revenue (Gurwin Jewish Senior                 
Residences Project)    6.00    5/1/29    1,370,000    1,396,592 
Jefferson County Industrial                 
Development Agency, SWDR                 
(International Paper Company                 
Project)    5.20    12/1/20    2,000,000    2,007,660 
Long Island Power Authority,                 
Electric System General Revenue    5.00    9/1/35    3,000,000    3,100,530 
Long Island Power Authority,                 
Electric System General                 
Revenue (Insured; FGIC)    5.00    12/1/19    1,375,000    1,458,119 
Metropolitan Transportation                 
Authority, Revenue (Insured;                 
AMBAC)    5.50    11/15/18    4,000,000    4,290,120 
Metropolitan Transportation                 
Authority, Transit Facilities                 
Revenue (Insured; FSA)    5.13    1/1/12    1,220,000 a    1,287,405 
Metropolitan Transportation                 
Authority, Transit Facilities                 
Revenue (Insured; FSA)    5.13    7/1/12    2,780,000 a    2,949,441 
Nassau County Industrial                 
Development Agency, IDR                 
(Keyspan-Glenwood Energy                 
Center, LLC Project)    5.25    6/1/27    4,000,000    4,098,560 
New York City    5.50    6/1/13    1,450,000 a    1,578,354 
New York City    5.00    11/1/19    3,000,000    3,139,890 
New York City    5.38    12/1/20    1,000,000    1,046,860 
New York City    5.50    8/1/21    2,500,000    2,679,000 

New York City    5.00    8/1/22    2,000,000    2,086,360 
New York City    5.50    6/1/23    150,000    160,107 
New York City    5.25    8/15/24    4,000,000    4,237,320 
New York City    5.00    4/1/30    3,500,000    3,612,875 
New York City Housing Development                 
Corporation, Capital Fund                 
Program Revenue (New York City             
Housing Authority Program)                 
(Insured; FGIC)    5.00    7/1/25    1,200,000    1,250,496 
New York City Housing Development                 
Corporation, MFHR                 
(Collateralized: FHA and GNMA)    5.25    11/1/30    3,500,000    3,625,335 
New York City Industrial                 
Development Agency, Civic                 
Facility Revenue (College of                 
Aeronautics Project)    5.50    5/1/08    1,600,000 a    1,652,896 
New York City Industrial                 
Development Agency, Civic                 
Facility Revenue (Vaughn                 
College of Aeronautics and                 
Technology Project)    5.25    12/1/36    1,000,000    1,002,490 
New York City Industrial                 
Development Agency, Civic                 
Facility Revenue (YMCA of                 
Greater New York Project)    5.00    8/1/36    3,500,000    3,598,315 
New York City Industrial                 
Development Agency, Liberty                 
Revenue (7 World Trade Center                 
Project)    6.25    3/1/15    2,000,000    2,098,300 
New York City Industrial                 
Development Agency, PILOT                 
Revenue (Queens Baseball                 
Stadium Project) (Insured;                 
AMBAC)    5.00    1/1/46    3,000,000    3,091,920 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (American                 
Airlines, Inc. John F. Kennedy                 
International Airport Project)    7.50    8/1/16    1,000,000    1,141,710 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (American                 
Airlines, Inc. John F. Kennedy                 
International Airport Project)    8.00    8/1/28    1,500,000    1,799,280 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (American                 
Airlines, Inc. Project)    6.90    8/1/24    1,000,000    1,001,910 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (JetBlue                 
Airways Corporation Project)    5.00    5/15/20    500,000    475,010 

New York City Industrial                 
Development Agency, Special                 
Facility Revenue (Terminal One                 
Group Association, L.P.                 
Project)    5.50    1/1/18    1,000,000    1,071,550 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (Terminal One                 
Group Association, L.P.                 
Project)    5.50    1/1/24    3,000,000    3,199,470 
New York City Municipal Water                 
Finance Authority, Water and                 
Sewer System Revenue    5.00    6/15/22    3,000,000    3,147,300 
New York City Municipal Water                 
Finance Authority, Water and                 
Sewer System Revenue (Insured;                 
FGIC)    5.75    6/15/09    2,000,000 a    2,093,460 
New York City Transitional Finance                 
Authority, Building Aid                 
Revenue (Insured; FGIC)    5.00    7/15/36    2,000,000    2,083,320 
New York City Transitional Finance                 
Authority, Future Tax Secured                 
Revenue    6.00    5/15/10    2,240,000 a    2,396,643 
New York City Transitional Finance                 
Authority, Future Tax Secured                 
Revenue    5.00    11/1/22    4,000,000    4,215,200 
New York City Transitional Finance                 
Authority, Future Tax Secured                 
Revenue    5.00    11/1/25    2,360,000    2,471,062 
New York Liberty Development                 
Corporation, Revenue (Goldman                 
Sachs Headquarters Issue)    5.25    10/1/35    2,500,000    2,658,525 
New York Liberty Development                 
Corporation, Revenue (National                 
Sports Museum Project)    6.13    2/15/19    1,500,000    1,550,370 
New York State Dormitory                 
Authority, Catholic Health                 
Services of Long Island                 
Obligated Group Revenue (Saint                 
Francis Hospital Project)    5.00    7/1/21    3,000,000    3,030,450 
New York State Dormitory                 
Authority, Health Center                 
Revenue (Guaranteed; SONYMA)    5.00    11/15/19    1,000,000    1,033,620 
New York State Dormitory                 
Authority, Insured Revenue                 
(Manhattan College) (Insured;                 
Radian)    5.50    7/1/16    2,000,000    2,122,200 
New York State Dormitory                 
Authority, Insured Revenue                 
(New York University)                 
(Insured; AMBAC)    5.00    7/1/32    2,000,000    2,091,440 
New York State Dormitory                 

Authority, LR (State                 
University Educational                 
Facilities) (Insured; FGIC)    5.50    7/1/11    1,475,000 a    1,570,093 
New York State Dormitory                 
Authority, Revenue (Columbia                 
University)    5.13    7/1/21    3,630,000    3,802,243 
New York State Dormitory                 
Authority, Revenue (Columbia                 
University)    5.00    7/1/31    2,000,000    2,095,920 
New York State Dormitory                 
Authority, Revenue                 
(Consolidated City University                 
System)    5.63    7/1/16    2,500,000    2,738,625 
New York State Dormitory                 
Authority, Revenue                 
(Consolidated City University                 
System)    5.75    7/1/18    2,500,000    2,781,275 
New York State Dormitory                 
Authority, Revenue                 
(Consolidated City University                 
System) (Insured; FGIC)    5.75    7/1/16    2,000,000    2,106,360 
New York State Dormitory                 
Authority, Revenue                 
(Consolidated City University                 
System) (Insured; FSA)    5.75    7/1/18    1,290,000    1,437,137 
New York State Dormitory                 
Authority, Revenue (Cornell                 
University)    5.00    7/1/24    3,000,000    3,159,750 
New York State Dormitory                 
Authority, Revenue (Cornell                 
University)    5.00    7/1/35    2,500,000    2,601,125 
New York State Dormitory                 
Authority, Revenue (Memorial                 
Sloan-Kettering Cancer Center)    5.00    7/1/35    1,500,000    1,550,640 
New York State Dormitory                 
Authority, Revenue (Mental                 
Health Services Facilities                 
Improvement)    5.00    2/15/28    845,000    867,967 
New York State Dormitory                 
Authority, Revenue (Miriam                 
Osborne Memorial Home)                 
(Insured; ACA)    6.88    7/1/19    1,475,000    1,589,696 
New York State Dormitory                 
Authority, Revenue (Mount                 
Sinai NYU Health Obligated                 
Group)    5.50    7/1/26    2,000,000    2,019,380 
New York State Dormitory                 
Authority, Revenue (Mount                 
Sinai NYU Health Obligated                 
Group)    5.50    7/1/26    500,000    504,355 
New York State Dormitory                 
Authority, Revenue (New York                 

Methodist Hospital)    5.25    7/1/33    2,000,000    2,075,600 
New York State Dormitory                 
Authority, Revenue (New York                 
State Department of Health)    5.00    7/1/15    3,885,000    4,099,569 
New York State Dormitory                 
Authority, Revenue (New York                 
State Department of Health)                 
(Insured; CIFG)    5.00    7/1/25    3,000,000    3,118,110 
New York State Dormitory                 
Authority, Revenue (State                 
University Educational                 
Facilities)    5.88    5/15/17    2,060,000    2,310,908 
New York State Dormitory                 
Authority, Revenue (University                 
of Rochester)    5.00    7/1/34    4,000,000    4,098,240 
New York State Dormitory                 
Authority, Secured Hospital                 
Revenue (New York Downtown                 
Hospital) (Insured; MBIA)    5.30    2/15/20    2,500,000    2,556,400 
New York State Dormitory                 
Authority, South Nassau                 
Communities HR (Winthrop South                 
Nassau University Health                 
System Obligated Group)    5.50    7/1/23    1,825,000    1,885,772 
New York State Dormitory                 
Authority, State Personal                 
Income Tax Revenue (Education)    5.38    3/15/13    1,000,000 a    1,079,590 
New York State Dormitory                 
Authority, State Personal                 
Income Tax Revenue (Education)    5.00    3/15/23    2,500,000    2,641,650 
New York State Energy Research and                 
Development Authority, Gas                 
Facilities Revenue (The                 
Brooklyn Union Gas Company                 
Project)    6.37    4/1/20    5,000,000    5,171,300 
New York State Housing Finance                 
Agency, MFHR (Kensico Terrace                 
Apartments) (Collateralized;                 
SONYMA)    4.95    2/15/38    1,000,000    986,790 
New York State Housing Finance                 
Agency, Revenue (Fairway Manor                 
Apartments and LooseStrife                 
Fields Apartments)                 
(Collateralized; FHA)    6.75    11/15/36    20,000    20,268 
New York State Mortgage Agency,                 
Homeowner Mortgage Revenue    5.35    10/1/26    2,000,000    2,030,240 
New York State Power Authority,                 
Revenue    5.00    11/15/20    1,500,000    1,563,870 
New York State Thruway Authority,                 
Highway and Bridge Trust Fund                 
(Insured; FGIC)    5.50    4/1/11    1,225,000 a    1,309,941 
New York State Thruway Authority,                 

Local Highway and Bridge                 
Service Contract Bonds    5.75    4/1/09    2,000,000 a    2,086,860 
New York State Thruway Authority,                 
Second General Highway and                 
Bridge Trust Fund Bonds    5.00    4/1/25    3,000,000    3,153,570 
New York State Thruway Authority,                 
Second General Highway and                 
Bridge Trust Fund Bonds                 
(Insured; AMBAC)    5.00    4/1/19    4,500,000 b,c    4,754,700 
New York State Urban Development                 
Corporation, Correctional                 
Facilities Revenue    5.50    1/1/14    3,000,000    3,204,930 
New York State Urban Development                 
Corporation, Correctional                 
Facilities Revenue (Insured;                 
FSA)    5.50    1/1/14    3,000,000    3,210,300 
New York State Urban Development                 
Corporation, State Personal                 
Income Tax Revenue (State                 
Facilities and Equipment)                 
(Insured; FGIC)    5.50    3/15/13    3,000,000 a    3,257,580 
Newburgh Industrial Development                 
Agency, IDR (Bourne and Kenny                 
Redevelopment Company LLC                 
Project) (Guaranteed; SONYMA)    5.65    8/1/20    25,000    25,649 
Newburgh Industrial Development                 
Agency, IDR (Bourne and Kenny                 
Redevelopment Company LLC                 
Project) (Guaranteed; SONYMA)    5.75    2/1/32    1,535,000    1,579,147 
Niagara County Industrial                 
Development Agency, Solid                 
Waste Disposal Facility                 
Revenue (American Ref-Fuel                 
Company of Niagara, LP                 
Facility)    5.63    11/15/14    2,000,000    2,062,360 
Niagara County Industrial                 
Development Agency, Solid                 
Waste Disposal Facility                 
Revenue (American Ref-Fuel                 
Company of Niagara, LP                 
Facility)    5.55    11/15/15    1,500,000    1,548,270 
North Country Development                 
Authority, Solid Waste                 
Management System Revenue                 
(Insured; FSA)    6.00    5/15/15    2,260,000    2,459,739 
Onondaga County Industrial                 
Development Agency, Sewage                 
Facilities Revenue                 
(Bristol-Meyers Squibb Company                 
Project)    5.75    3/1/24    4,000,000    4,418,840 
Orange County Industrial                 
Development Agency, Life Care                 

Community Revenue (Glenn Arden             
Inc. Project)    5.63    1/1/18    1,000,000    1,012,800 
Port Authority of New York and New                 
Jersey (Consolidated Bonds,                 
142nd Series)    5.00    7/15/23    3,000,000    3,124,800 
Port Authority of New York and New                 
Jersey, Special Project Bonds                 
(JFK International Air                 
Terminal LLC Project)                 
(Insured; MBIA)    6.25    12/1/13    5,000,000    5,588,050 
Rensselaer County Industrial                 
Development Agency, Civic                 
Facility Revenue (Emma Willard                 
School Project)    5.00    1/1/31    1,000,000    1,037,160 
Rensselaer County Industrial                 
Development Agency, Civic                 
Facility Revenue (Emma Willard                 
School Project)    5.00    1/1/36    1,000,000    1,034,320 
Schenectady Industrial Development                 
Agency, Civic Facility Revenue                 
(Union College Project)    5.00    7/1/25    2,260,000    2,368,390 
Suffolk County Industrial                 
Development Agency, Continuing             
Care Retirement Community                 
Revenue (Jeffersons Ferry                 
Project)    5.00    11/1/28    1,000,000    990,240 
Tobacco Settlement Financing                 
Corporation of New York,                 
Asset-Backed Revenue Bonds                 
(State Contingency Contract                 
Secured)    5.50    6/1/18    1,000,000    1,060,540 
Tobacco Settlement Financing                 
Corporation of New York,                 
Asset-Backed Revenue Bonds                 
(State Contingency Contract                 
Secured)    5.50    6/1/21    3,000,000    3,200,550 
Triborough Bridge and Tunnel                 
Authority, General Purpose                 
Revenue    5.50    1/1/22    2,000,000 a    2,270,360 
Triborough Bridge and Tunnel                 
Authority, Subordinate Revenue                 
(Insured; MBIA)    5.00    11/15/32    3,000,000    3,098,940 
Westchester Tobacco Asset                 
Securitization Corporation,                 
Tobacco Settlement                 
Asset-Backed Bonds    5.00    6/1/26    2,000,000    1,971,540 
U.S. Related--6.7%                 
Children's Trust Fund of Puerto                 
Rico, Tobacco Settlement                 
Asset-Backed Bonds    6.00    7/1/10    2,695,000 a    2,862,872 
Guam Waterworks Authority,                 
Water and Wastewater System                 

Revenue    5.88    7/1/35    1,000,000    1,058,920 
Puerto Rico Commonwealth,                 
Public Improvement    5.25    7/1/30    3,000,000    3,151,260 
Puerto Rico Electric Power                 
Authority, Power Revenue                 
(Insured; FSA)    5.63    7/1/10    3,000,000 a    3,183,000 
Puerto Rico Highways and                 
Transportation Authority,                 
Transportation Revenue                 
(Insured; MBIA)    5.75    7/1/10    2,420,000 a    2,573,138 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Tax Revenue    5.00    7/1/46    1,500,000    1,524,000 
Virgin Islands Public Finance                 
Authority, Refinery Facilities                 
Senior Secured Revenue                 
(HOVENSA Refinery)    4.70    7/1/22    1,500,000    1,452,870 
Virgin Islands Water and Power                 
Authority, Electric System                 
Subordinated Revenue    5.00    7/1/26    700,000    703,780 
Total Long-Term Municipal Investments             
(cost $233,490,097)                240,198,424 
Short-Term Municipal    Coupon    Maturity    Principal     
Investments--3.0%    Rate (%)    Date    Amount ($)    Value ($) 
New York--2.2%                 
New York City                 
(LOC; Bank of America)    3.61    8/1/07    4,500,000 d    4,500,000 
New York City Municipal Water                 
Finance Authority, Water and                 
Sewer System Revenue                 
(Liquidity Facility; DEPFA                 
Bank PLC)    3.59    8/1/07    700,000 d    700,000 
New York City Transitional Finance                 
Authority, Revenue (New York                 
City Recovery) (Liquidity                 
Facility; Landesbank                 
Baden-Wurttemberg)    3.60    8/1/07    100,000 d    100,000 
U.S. Related--.8%                 
Government Development Bank of                 
Puerto Rico, CP    4.25    8/6/07    2,000,000    2,000,060 
Total Short-Term Municipal Investments             
(cost $7,300,000)                7,300,060 
Total Investments (cost $240,790,097)            100.1%    247,498,484 
Liabilities, Less Cash and Receivables            (.1%)    (177,835) 
Net Assets            100.0%    247,320,649 

a    These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are 
    collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the 
    municipal issue and to retire the bonds in full at the earliest refunding date. 
b    Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in 
    transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2007, this security 
    amounted to $4,754,700 or 1.9% of net assets. 
c    Collateral for floating rate borrowings. 
d    Securities payable on demand. Variable interest rate--subject to periodic change. 

Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.

Summary of Abbreviations         
ACA    American Capital Access    AGC    ACE Guaranty Corporation 
AGIC    Asset Guaranty Insurance Company    AMBAC    American Municipal Bond Assurance Corporation 
ARRN    Adjustable Rate Receipt Notes    BAN    Bond Anticipation Notes 
BIGI    Bond Investors Guaranty Insurance    BPA    Bond Purchase Agreement 
CGIC    Capital Guaranty Insurance Company    CIC    Continental Insurance Company 
CIFG    CDC Ixis Financial Guaranty    CMAC    Capital Market Assurance Corporation 
COP    Certificate of Participation    CP    Commercial Paper 
EDR    Economic Development Revenue    EIR    Environmental Improvement Revenue 
FGIC    Financial Guaranty Insurance Company    FHA    Federal Housing Administration 
FHLB    Federal Home Loan Bank    FHLMC    Federal Home Loan Mortgage Corporation 
FNMA    Federal National Mortgage Association    FSA    Financial Security Assurance 
GAN    Grant Anticipation Notes    GIC    Guaranteed Investment Contract 
GNMA    Government National Mortgage Association    GO    General Obligation 
HR    Hospital Revenue    IDB    Industrial Development Board 
IDC    Industrial Development Corporation    IDR    Industrial Development Revenue 
LOC    Letter of Credit    LOR    Limited Obligation Revenue 
LR    Lease Revenue    MBIA    Municipal Bond Investors Assurance Insurance 
            Corporation 
MFHR    Multi-Family Housing Revenue    MFMR    Multi-Family Mortgage Revenue 
PCR    Pollution Control Revenue    PILOT    Payment in Lieu of Taxes 
RAC    Revenue Anticipation Certificates    RAN    Revenue Anticipation Notes 
RAW    Revenue Anticipation Warrants    RRR    Resources Recovery Revenue 
SAAN    State Aid Anticipation Notes    SBPA    Standby Bond Purchase Agreement 
SFHR    Single Family Housing Revenue    SFMR    Single Family Mortgage Revenue 
SONYMA    State of New York Mortgage Agency    SWDR    Solid Waste Disposal Revenue 
TAN    Tax Anticipation Notes    TAW    Tax Anticipation Warrants 
TRAN    Tax and Revenue Anticipation Notes    XLCA    XL Capital Assurance 

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3. Exhibits.

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

General New York Municipal Bond Fund, Inc. 
 
By:    /s/ J. David Officer 
    J. David Officer 
    President 
 
Date:    September 26, 2007 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:    /s/ J. David Officer 
    J. David Officer 
    President 
 
Date:    September 26, 2007 
 
By:    /s/ James Windels 
    James Windels 
    Treasurer
 
Date:    September 26, 2007 

EXHIBIT INDEX

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)