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        <issuerCredentials>
          <!--Field: Pseudo-Tag; ID: Name; Data: VANGUARD MUNICIPAL BOND FUNDS-->
          <cik>0000225997</cik>
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          <nameOfIssuer>VANGUARD MUNICIPAL BOND FUNDS</nameOfIssuer>
          <addressOfIssuer>
            <street1>Vanguard Financial Center</street1>
            <street2>PO Box 2600</street2>
            <city>Valley Forge</city>
            <state>PA</state>
            <country>X1</country>
            <zipCode>19482-2600</zipCode>
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          <securitiesActFileNumbers>
            <securitiesActFileNo>
              <fileNumber>002-57689</fileNumber>
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        <item4>
          <lastDayOfFiscalYear>10/31/2023</lastDayOfFiscalYear>
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          <aggregatePriceOfSecuritiesRedeemedOrRepurchasedInFiscalYear>82121344000.00</aggregatePriceOfSecuritiesRedeemedOrRepurchasedInFiscalYear>
          <aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>10848781000.00</aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>
          <totalAvailableRedemptionCredits>92970125000.00</totalAvailableRedemptionCredits>
          <netSales>0.00</netSales>
          <redemptionCreditsAvailableForUseInFutureYears>(6137971000.00)</redemptionCreditsAvailableForUseInFutureYears>
          <multiplierForDeterminingRegistrationFee>0.000147600</multiplierForDeterminingRegistrationFee>
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        <item8>
          <totalOfRegistrationFeePlusAnyInterestDue>0.00</totalOfRegistrationFeePlusAnyInterestDue>
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        <signature>
          <signature>/s/ Anne E. Robinson</signature>
          <nameAndTitle>Anne E. Robinson, General Counsel</nameAndTitle>
          <signatureDate>01/26/2024</signatureDate>
        </signature>
      </annualFilingInfo>
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