N-Q 1 form.htm FORM NQ-980 form
    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 811-3726 
 
DREYFUS NEW YORK TAX EXEMPT 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) 
 
    Mark N. Jacobs, 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:    5/31 
 
Date of reporting period:    2/28/06 


FORM N-Q

Item 1. Schedule of Investments.

Dreyfus New York Tax Exempt Bond Fund, Inc.         
Statement of Investments         
February 28, 2006 (Unaudited)         
 
    Principal     
Long-Term Municipal Investments--98.4%    Amount ($)    Value ($) 



 
New York--96.6%         
 
Albany Industrial Development Agency, LR         
(New York Assembly Building Project) 7.75%, 1/1/2010    615,000    673,726 
 
Battery Park City Authority, Revenue:         
5.25%, 11/1/2018    10,000,000    10,925,600 
5.25%, 11/1/2019    12,000,000    13,110,720 
 
Erie County Industrial Development Agency, Life Care Community         
Revenue (Episcopal Church Home) 6%, 2/1/2028    1,500,000    1,553,865 
 
Erie County Tobacco Asset Securitization Corp.,         
Tobacco Settlement Asset-Backed 5%, 6/1/2038    10,000,000    9,818,500 
 
Huntington Housing Authority, Senior Housing Facility         
Revenue (Gurwin Jewish Senior Residences)         
6%, 5/1/2039    5,750,000    5,818,885 
 
Islip Union Free School District Number 2:         
5%, 7/1/2017 (Insured; FGIC)    2,160,000    2,342,650 
5%, 7/1/2018 (Insured; FGIC)    2,215,000    2,397,804 
 
Long Island Power Authority, Electric System Revenue:         
5.25%, 12/1/2014 (Insured; FSA)    16,000,000    17,812,000 
5.375%, 5/1/2033    8,000,000    8,530,320 
 
Metropolitan Transportation Authority, Revenue:         
Commuter Facilities 6%, 7/1/2008         
(Insured; FGIC)    9,000,000 a    9,527,130 
Dedicated Tax Fund         
5.25%, 11/15/2025 (Insured; FSA)    11,000,000    11,824,670 
Service Contract 5.50%, 7/1/2024 (Insured; MBIA)    10,000,000    10,937,700 
 
Monroe Tobacco Asset Securitization Corp., Tobacco Settlement Asset     
Backed 6.625%, 6/1/2010    500,000 a    566,405 
 
Municipal Assistance Corporation for the City of New York,         
Revenue 6.25%, 7/1/2007    14,455,000 a    15,275,177 
 
Nassau County Industrial Development Agency, IDR         
(Keyspan-Glenwood Energy Project) 5.25%, 6/1/2027    12,750,000    13,227,742 
 
New York City:         
5.875%, 8/1/2006 (Insured; MBIA)    9,525,000 a    9,769,030 
5.75%, 2/1/2007 (Insured; AMBAC)    3,505,000    3,564,550 
7.25%, 8/15/2007    210,000 a    221,539 
7.25%, 8/15/2007    1,290,000    1,357,635 
5.80%, 8/1/2011    190,000    190,353 
5.25%, 8/1/2015    10,170,000    11,099,436 
5.75%, 8/1/2016 (Insured; AMBAC)    5,000,000    5,598,500 
5.25%, 5/15/2018 (Insured; MBIA)    15,000,000    16,482,600 
5%, 11/1/2018    14,555,000    15,496,854 
5%, 11/1/2019    10,000,000    10,624,600 
5%, 12/1/2020    16,000,000    16,959,040 
5.50%, 6/1/2023    1,000,000    1,087,380 
5.875%, 8/1/2024 (Insured; MBIA)    4,175,000    4,281,212 
5.25%, 8/15/2025    7,475,000    8,026,356 
5.25%, 8/15/2026    8,750,000    9,395,400 
 
New York City Industrial Development Agency:         
Civic Facility Revenue         
(United Jewish Appeals Federation Project) 5%, 7/1/2027    1,000,000    1,053,230 
Special Facility Revenue:         
(American Airlines, Inc. John F. Kennedy International         
Airport Project) 8%, 8/1/2028    15,000,000    16,496,700 
 
New York City Municipal Water Finance Authority, Water         
and Sewer Systems Revenue:         
5.75%, 6/15/2007 (Insured; MBIA)    13,000,000 a    13,517,140 
5.625%, 6/15/2019 (Insured; MBIA)    9,340,000    9,495,791 
5.50%, 6/15/2010    12,890,000 a    14,045,975 
 
New York City Transitional Finance Authority,         
Future Tax Secured Revenue:         
5.75%, 8/15/2009    5,000,000 a    5,420,200 
6%, 8/15/2009 (Insured; FGIC)    5,000,000 a    5,460,700 
6%, 8/15/2009    1,000,000 a    1,092,140 
5%, 11/1/2012    25,120,000    27,103,978 
Zero Coupon, 11/1/2029    9,000,000    7,299,450 
 
New York Convention Center Development Corp., Revenue         
(Hotel Unit Fee Secured)         
5%, 11/15/2030 (Insured; AMBAC)    10,580,000    11,218,397 
 
New York Counties Tobacco Trust, Tobacco Settlement Pass         
Through:         
6.50%, 6/1/2010    675,000 a    759,902 
6.50%, 6/1/2035    325,000    346,414 
 
New York State         
5.50%, 7/15/2006    10,165,000 a    10,350,308 


New York State Dormitory Authority, Revenues:         
8.996%, 5/15/2011    9,950,000 b,c    11,969,253 
(City University Systems):         
5.50%, 7/1/2006 (Insured; AMBAC)    16,315,000 a    16,759,910 
5.50%, 7/1/2009 (Insured; FSA)    10,000,000 a    10,738,700 
5.50%, 7/1/2016 (Insured; AMBAC)    6,685,000    6,864,292 
5.625%, 7/1/2016 (Insured; FGIC)    9,120,000    10,335,696 
(Columbia University):         
5%, 7/1/2019    16,530,000    18,101,342 
5%, 7/1/2023    10,255,000    11,120,625 
Health, Hospital and Nursing Home:         
Department of Health:         
5%, 7/1/2010    7,465,000    7,858,256 
5%, 7/1/2011    8,200,000    8,693,640 
(Memorial Sloan Kettering Cancer Center)         
5.75%, 7/1/2020 (Insured; MBIA)    3,000,000    3,559,530 
(Menorah Campus)         
6.10%, 2/1/2037 (Insured; FHA)    8,300,000    8,644,533 
Mental Health Services Facilities Improvement:         
5%, 8/15/2014 (Insured; FGIC)    9,215,000    9,993,575 
5%, 8/15/2019 (Insured; FGIC)    11,130,000    11,948,278 
5%, 2/15/2021 (Insured; FGIC)    5,000,000    5,348,200 
(Miriam Osborne Memorial Home)         
6.875%, 7/1/2025 (Insured; ACA)    6,105,000    6,862,753 
(Mount Sinai NYU Health Obligated Group):         
6.50%, 7/1/2025    1,000,000    1,080,290 
5.50%, 7/1/2026    3,000,000    3,051,420 
5.50%, 7/1/2026    3,000,000    3,051,420 
(North Shore University Hospital at Forest Hills)         
5.50%, 11/1/2013 (Insured; MBIA)    2,625,000    2,922,281 
(Winthrop University Hospital Association)         
5.50%, 7/1/2032    1,000,000    1,046,280 
(New York University)         
5.75%, 7/1/2027 (Insured; MBIA)    25,625,000    30,920,406 
(Rockefeller University) 5%, 7/1/2032    21,505,000    22,507,778 
(School District Financing Program)         
5.375%, 10/1/2022 (Insured; MBIA)    35,000,000    38,090,500 
State Personal Income Tax:         
5%, 3/15/2013    8,150,000 a    8,838,105 
5.05%, 3/15/2013    500,000 a    543,760 
5.375%, 3/15/2013    7,370,000 a    8,162,717 
(State University Educational Facilities):         
5.75%, 5/15/2010 (Insured; FSA)    2,000,000 a    2,196,180 
5.875%, 5/15/2011    100,000    110,221 
7.50%, 5/15/2011    2,105,000    2,355,874 
7.50%, 5/15/2011    1,180,000 a    1,340,433 
5.50%, 7/1/2011 (Insured; FGIC)    10,000,000 a    10,963,700 
5.50%, 5/15/2013 (Insured; MBIA)    100,000    111,253 
5.50%, 5/15/2013 (Insured; FGIC)    10,035,000    11,130,722 
8.361%, 5/15/2013 (Insured; MBIA)    6,450,000 b,c    7,901,572 
5.75%, 5/15/2016 (Insured; FSA)    4,000,000    4,641,680 
Third General Resolution         
5.25%, 11/15/2012 (Insured; MBIA)    10,000,000    10,940,200 
 
New York State Energy Research and Development         
Authority, PCR (Central Hudson Gas)         
5.45%, 8/1/2027 (Insured; AMBAC)    9,000,000    9,590,400 
 
New York State Environmental Facilities Corp.,         
State Clean Water and Drinking Revolving Funds Revenue         
(New York City Municipal Water Finance         
Authority Project)         
5.25%, 6/15/2020    13,745,000    14,923,221 
 
New York State Housing Finance Agency, Revenue:         
Health Facilities 6%, 5/1/2008    10,000    10,188 
Multi-Family Housing Secured Mortgage         
9.246%, 5/1/2008 (Guaranteed; SONYMA)    4,995,000 b,c    5,182,912 
 
New York State Medical Care Facilities Finance Agency,         
Hospital and Nursing Home Insured Mortgage Revenue         
6.125%, 2/15/2007 (Insured; FHA)    1,630,000 a    1,664,556 
 
New York State Mortgage Agency, Homeowner Mortgage,         
Revenue:         
5.40%, 10/1/2010    160,000    165,598 
8.13%, 10/1/2010    1,380,000 b,c    1,476,572 
5.55%, 10/1/2012    190,000    196,507 
8.43%, 10/1/2012    2,405,000 b,c    2,569,743 
5.80%, 10/1/2028    8,605,000    8,837,507 
5.85%, 10/1/2028    6,270,000    6,479,794 
5.40%, 4/1/2029    9,830,000    10,042,623 
5.875%, 4/1/2030    4,740,000    4,901,255 
 
New York State Municipal Bond Bank Agency,         
Special School Purpose Revenue 5.50%, 6/1/2012    3,500,000    3,833,935 
 
New York State Power Authority, Revenue and General Purpose:         
5%, 11/15/2015 (Insured; MBIA)    4,475,000    4,814,787 
5%, 11/15/2017 (Insured; FGIC)    6,765,000    7,353,555 
5%, 11/15/2019    18,210,000    19,511,105 
5%, 11/15/2020 (Insured; FGIC)    2,500,000    2,700,500 
5%, 11/15/2021    11,000,000    11,666,050 
 
New York State Thruway Authority:         
General Revenue:         
5%, 1/1/2023 (Insured; AMBAC)    13,000,000    13,874,640 
5%, 1/1/2026 (Insured; AMBAC)    10,000,000    10,611,800 
Second General Highway Bridge and Trust Fund         
5%, 4/1/2021 (Insured; AMBAC)    30,000,000    32,332,200 
Service Contract Revenue         
( Local Highway and Bridge):         
5.25%, 4/1/2007    1,450,000 a    1,507,449 
6%, 4/1/2007    3,800,000 a    3,980,842 
6%, 4/1/2007    2,800,000 a    2,933,252 
5.25%, 4/1/2010    7,950,000    8,249,238 
6%, 4/1/2011    2,200,000    2,300,078 
6%, 4/1/2012    2,395,000    2,503,949 
 
New York State Urban Development Corp.:         
Correctional Capital Facilities         
5.25%, 1/1/2011 (Insured; FSA)    8,660,000 a    9,335,134 
Local or Guaranteed Housing         
5.50%, 7/1/2016 (Insured; FHA)    10,000,000    10,266,800 
State Facilities 5.70%, 4/1/2020 (Insured; MBIA)    20,000,000    23,117,000 
State Personal Income Tax Revenue         
(Economic Development and Housing):         
5%, 12/15/2022 (Insured; AMBAC)    8,520,000    9,165,134 
5%, 12/15/2023 (Insured; AMBAC)    8,175,000    8,773,492 
 
Niagara County Industrial Development Agency, SWDR         
5.55%, 11/15/2015    2,500,000    2,619,475 
 
Niagara Falls City School District, COP,         
High School Facility:         
5%, 6/15/2025 (Insured; FSA)    3,365,000    3,555,627 
5%, 6/15/2028 (Insured; FSA)    4,155,000    4,367,570 
 
Niagara Falls Public Water Authority, Water and Sewer         
System Revenue 5%, 7/15/2028 (Insured; XLCA)    1,000,000    1,056,290 
 
Onondaga County Industrial Development Agency, IDR         
(Weyerhaeuser Project) 9%, 10/1/2007    1,200,000    1,300,464 
 
Orange County Industrial Development Agency,         
Life Care Community Revenue         
(Glen Arden Inc. Project) 5.70%, 1/1/2028    4,600,000    4,680,316 
 
Port Authority of New York and New Jersey:         
(Consolidated Bond 93rd Series)        . 
6.125%, 6/1/2094    15,000,000    18,233,550 
(Consolidated Bond 121st Series)         
5.375%, 10/15/2035 (Insured; MBIA)    14,950,000    15,518,997 
(Consolidated Bond 132nd Series)         
5%, 9/1/2033    11,300,000    11,851,666 
Special Obligation Revenue         
(JFK International Air Terminal-6):         
6.25%, 12/1/2013 (Insured; MBIA)    6,000,000    6,764,460 
6.25%, 12/1/2014 (Insured; MBIA)    10,000,000    11,415,300 
 
Sales Tax Asset Receivable Corp.,         
Sales Tax Asset Revenue:         
5.25%, 10/15/2018 (Insured; MBIA)    15,000,000    16,549,800 
5%, 10/15/2025 (Insured; MBIA)    7,500,000    7,983,300 
5%, 10/15/2026 (Insured; MBIA)    34,250,000    36,457,070 
 
Suffolk County Industrial Development Agency,         
Solid Waste Disposal Facilities Revenue         
(Ogden Martin Systems):         
5.75%, 10/1/2006 (Insured; AMBAC)    25,000    25,344 
7.97%, 10/1/2006 (Insured; AMBAC)    4,925,000 b,c    5,060,536 
 
Tobacco Settlement Financing Corp of New York,         
Asset-Backed Revenue (State Contingency         
Contract Secured) 5.50%, 6/1/2018    10,000,000    10,889,000 
 
Tompkins County Industrial Development Agency, Civic         
Facility Revenue (Ithacare Center Project)         
6.20%, 2/1/2037 (Insured; FHA)    6,000,000    6,254,760 
 
Triborough Bridge and Tunnel Authority,         
General Purpose Revenues:         
5.50%, 1/1/2012    18,635,000 a    20,541,174 
5.375%, 1/1/2016    7,500,000 a    8,471,850 
5.25% 11/15/2019    11,065,000    12,031,860 
5.50%, 1/1/2022    10,540,000 a    12,317,571 
5.125%, 11/15/2029    15,500,000    16,548,885 
 
TSASC, Inc. of New York, Tobacco Settlement         
Asset-Backed Bonds:         
5.75%, 7/15/2012    19,910,000 a    22,249,425 
5.125%, 6/1/2042    16,230,000    16,122,720 
 
Watervliet Housing Authority, Residential Housing         
Revenue (Beltrone Living Center Project):         
6%, 6/1/2028    1,800,000    1,683,648 
6.125%, 6/1/2038    1,000,000    929,870 
 
U.S. Related--1.8%         
 
Commonwealth of Puerto Rico, Public Improvement:         
6%, 7/1/2007    5,000,000 a    5,246,950 
5.50%, 7/1/2010 (Insured; FSA)    500,000    541,290 
8.376%, 7/1/2010 (Insured; FSA)    4,800,000 b,c    5,592,768 
6%, 7/1/2015 (Insured; MBIA)    3,000,000    3,518,610 
 
Puerto Rico Highway and Transportation Authority,         
Transportation Revenue 6.649%, 7/1/2038 (Insured; MBIA)    1,000,000 b,c    1,071,050 
 
Puerto Rico Infrastructure Financing Authority,         
Special Obligation 5.50%, 10/1/2040    5,000,000    5,420,050 
 
Virgin Islands Public Finance Authority, Revenue         
6.375%, 10/1/2019    1,000,000    1,111,460 
 
Total Long-Term Municipal Investments         
(cost $1,190,160,541)        1,245,717,601 


Short-Term Municipal Investments--1.3%         



 
New York;         
 
New York City, GO         
2.93% (LOC; KBC Bank)    2,500,000 d    2,500,000 
 
New York City Municipal Water Finance Authority,         
Water and Sewer System Revenue         
2.93% (Liquidity Facility; The Bank of New York)    2,100,000 d    2,100,000 
 
New York City Transitional Finance Authority:         
(Future Tax Secured)         
    2.94% (Liquidity Facility; Citibank NA)    7,000,000 d    7,000,000 
(New York City Recovery)         
    2.94% (Liquidity Facility; JPMorgan Chase Bank)    1,000,000 d    1,000,000 
 
New York State Dormitory Authority, Revenue         
(Oxford University Press Inc.)         
2.96% (LOC; Landesbank Hessen-Thuringen         
Girozentrale)    3,400,000 d    3,400,000 
 
Total Short-Term Municipal Investments         
(cost $16,000,000)        16,000,000 
 
Total Investments (cost $1,206,160,541)    99.7%    1,261,717,601 
 
Cash and Receivables (Net)    .3%    3,807,868 
 
Net Assets        100.0%    1,265,525,469 
 
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         
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         


Notes to Statement of Investments: 
 
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 Inverse floater security--the interest rate is subject to change periodically. 
c Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold 
in transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2006, these 
securities amounted to $40,824,406 or 3.2% of net assets. 
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.


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.

DREYFUS NEW YORK TAX EXEMPT BOND FUND, INC.

By:    /s/ Stephen E. Canter 

    Stephen E. Canter 
    President 
Date:    April 21, 2006 

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/ Stephen E. Canter 

    Stephen E. Canter 
    Chief Executive Officer 
Date:    April 21, 2006 
 
By:    /s/ James Windels 

James Windels
    Chief Financial Officer 
Date:    April 21, 2006 

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)