N-Q 1 form.htm FORM NQ-306 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 811-4237 
 
    Dreyfus Insured 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) 
 
    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:    4/30 
 
Date of reporting period:    7/31/06 


FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS             
Dreyfus Insured Municipal Bond Fund, Inc.             
July 31, 2006 (Unaudited)                 
 
Long-Term Municipal    Coupon    Maturity    Principal     
Investments--98.7%    Rate (%)    Date    Amount ($)    Value ($) 





Alabama--2.8%                 
Albertville,                 
GO Warrants (Insured; XLCA)    5.00    5/1/12    205,000    216,882 
Albertville,                 
GO Warrants (Insured; XLCA)    5.00    5/1/13    215,000    229,061 
Aubum University,                 
General Fee Revenue (Insured;                 
MBIA)    5.75    6/1/17    1,000,000    1,077,390 
Birmingham,                 
GO Capital Improvement                 
(Insured; AMBAC)    5.00    12/1/32    1,780,000    1,819,107 
Alaska--4.2%                 
Alaska International Airports                 
System, Revenue (Insured;                 
AMBAC)    5.75    10/1/12    4,500,000 a    4,971,600 
California--6.1%                 
Glendora Unified School District,                 
GO (Insured; MBIA)    5.25    8/1/26    1,400,000    1,500,702 
Golden State Tobacco                 
Securitization, Enhanced                 
Tobacco Settlement                 
Asset-Backed Bonds (Insured;                 
AMBAC)    5.00    6/1/29    1,670,000    1,705,872 
Los Angeles Department of Water                 
and Power, Power System                 
Revenue (Insured; MBIA)    5.00    7/1/24    1,500,000    1,535,460 
San Diego Unified School District                 
(Insured; FGIC)    0.00    7/1/15    3,690,000    2,529,495 
Colorado--1.2%                 
Adams County,                 
PCR (Public Service Co. of                 
Colorado Project) (Insured;                 
MBIA)    4.38    9/1/17    300,000    301,041 
Douglas County School District,                 
Number 1 Reorganized, Douglas                 
and Elbert Counties (Colorado                 
School District Enhance                 
Program) (Insured; FGIC)    5.75    12/15/17    1,000,000    1,119,640 
Connecticut--1.7%                 
Connecticut, Special Tax                 
Obligation                 
(Transportation Infrastructure                 
Purposes) (Insured; FGIC)    5.00    1/1/23    2,000,000    2,082,220 
Delaware--6.0%                 
Delaware Economic Development                 
Authority, Water Revenue                 
(United Water Delaware Inc.                 
Project) (Insured; AMBAC)    6.20    6/1/25    5,000,000    5,058,800 
Delaware River and Bay Authority,                 
Revenue (Insured; MBIA)    5.25    1/1/13    2,015,000 a    2,173,379 
Florida--3.1%                 
Orange County,                 
Sales Tax Revenue (Insured;                 
FGIC)    5.13    1/1/23    1,000,000    1,050,550 
Tampa Bay Water,                 
Utility System Improvement                 
Revenue (Insured; FGIC)    5.25    10/1/19    2,575,000    2,720,075 
Idaho--1.8%                 
Boise State University,                 
Student Union and Housing                 
System Revenue (Insured; FGIC)    5.38    4/1/12    45,000 a    48,521 
Boise State University,                 
Student Union and Housing                 
System Revenue (Insured; FGIC)    5.38    4/1/22    1,955,000    2,079,788 
Illinois--3.0%                 
Chicago,                 
GO (Insured; FGIC)    5.50    7/1/10    675,000 a    722,581 
Chicago,                 
GO (Insured; FGIC)    5.50    1/1/40    325,000    343,102 
Chicago O'Hare International                 
Airport, Revenue (General                 
Airport Third Lien) (Insured;                 
MBIA)    5.25    1/1/27    2,500,000    2,581,200 
Indiana--3.1%                 
Indiana Educational Facilities                 
Authority, Educational                 
Facilities Revenue (Butler                 
University Project) (Insured;                 


MBIA)    5.50    2/1/26    3,500,000    3,677,485 
Kansas--2.0%                 
Neosho County Unified School                 
Disctrict Number 413, GO                 
(Insured; FSA)    5.00    9/1/20    1,075,000    1,129,255 
Neosho County Unified School                 
District Number 413, GO                 
(Insured; FSA)    5.00    9/1/21    1,200,000    1,257,216 
Michigan--.9%                 
Detroit School District,                 
GO (School Building and Site                 
Improvement) (Insured; FGIC)    5.00    5/1/28    1,000,000    1,022,040 


Minnesota--.9%                 
Prior Lake-Savage Area Schools                 
Independent School District                 
Number 719, GO School Building                 
(Insured; FSA)    5.00    2/1/18    1,000,000    1,058,530 
Missouri--2.3%                 
Saint Louis,                 
Airport Revenue (Airport                 
Development Program) (Insured;                 
MBIA)    5.63    7/1/11    2,500,000 a    2,704,525 
New Jersey--9.7%                 
New Jersey Economic Development                 
Authority, PCR (Public Service                 
Electric and Gas Co. Project)                 
(Insured; MBIA)    6.40    5/1/32    7,100,000    7,152,966 
New Jersey Turnpike Authority,                 
Turnpike Revenue (Insured;                 
AMBAC)    5.00    1/1/35    1,500,000    1,526,775 
New Jersey Turnpike Authority,                 
Turnpike Revenue (Insured; FSA)    5.25    1/1/26    1,500,000    1,670,475 
Rutgers, The State University,                 
GO (Insured; FGIC)    5.00    5/1/31    1,245,000    1,284,852 
New York--10.2%                 
Metropolitan Transportation                 
Authority (State Service                 
Contract) (Insured; MBIA)    5.50    1/1/20    2,000,000    2,160,420 
Metropolitan Transportation                 
Authority, Transportation                 
Revenue (Insured; AMBAC)    5.50    11/15/19    5,000,000    5,423,200 
Metropolitan Transportation                 
Authority, Transportation                 
Revenue (Insured; FGIC)    5.00    11/15/32    1,350,000    1,387,665 
New York City                 
(Insured; FSA)    5.25    8/15/15    2,000,000    2,163,240 
New York City Municipal Water                 
Finance Authority, Water and                 
Sewer System Revenue (Insured;                 
MBIA)    5.00    6/15/28    1,000,000    1,036,560 
Ohio--4.3%                 
Cincinnati City School District,                 
Classroom Facilities                 
Construction and Improvement                 
(Insured; FSA)    5.00    12/1/31    1,655,000    1,707,662 
Cleveland State University,                 
General Receipts (Insured;                 
FGIC)    5.00    6/1/34    1,150,000    1,185,627 
Ohio Turnpike Commission,                 
Turnpike Revenue (Insured;                 
FGIC)    5.50    2/15/17    1,995,000    2,228,954 
Oregon--2.2%                 
Oregon, Department of                 
Administrative Services,                 
Lottery Revenue (Insured; FSA)    5.00    4/1/12    1,500,000    1,589,340 
Portland,                 
Second Lien Sewer System                 
Revenue (Insured; MBIA)    5.00    6/15/17    1,000,000    1,069,570 
Pennsylvania--2.3%                 
Pennsylvania Turnpike Commission,                 
Registration Fee Revenue                 
(Insured; FSA)    5.25    7/15/23    1,000,000    1,107,770 
Perkiomen Valley School District,                 
GO (Insured; FSA)    5.25    3/1/28    1,550,000    1,636,676 
South Carolina--2.3%                 
Spartanburg Sanitary Sewer                 
District, Sewer System Revenue                 
(Insured; MBIA)    5.25    3/1/30    1,000,000    1,051,300 
University of South Carolina,                 
Athletic Facilities Revenue                 
(Insured; AMBAC)    5.50    5/1/22    1,575,000    1,685,155 
Texas--8.9%                 
Austin,                 
Electric Utility System                 
Revenue (Insured; FSA)    5.00    11/15/14    1,000,000    1,067,720 
Houston Area Water Corp.,                 
City of Houston Contract                 
Revenue (Northeast Water                 
Purification Plant Project)                 
(Insured; FGIC)    5.25    3/1/23    2,470,000    2,601,577 
Irving,                 
Waterworks and Sewer System                 
New Lien Revenue (Insured; FSA)    5.25    8/15/18    500,000    540,295 
San Antonio,                 
Water System Revenue (Insured;                 
FSA)    5.50    5/15/19    1,000,000    1,072,230 


San Antonio,                 
Water System Revenue (Insured;                 
FSA)    5.50    5/15/20    2,500,000    2,675,250 
Texas Turnpike Authority,                 
Revenue (Central Texas                 
Turnpike System) (Insured;                 
AMBAC)    5.50    8/15/39    2,500,000    2,672,275 
Utah--1.6%                 
Utah State University,                 
Student Fee and Housing System                 
Revenue (Insured; MBIA)    5.00    4/1/29    1,850,000    1,906,277 
Virginia--7.5%                 
Danville Industrial Development                 
Authority, HR (Danville                 
Regional Medical Center)                 
(Insured; AMBAC)    5.25    10/1/28    1,500,000    1,637,805 
Upper Occoquan Sewer Authority,                 
Regional Sewer Revenue                 
(Insured; MBIA)    5.15    7/1/20    5,210,000    5,672,856 
Virginia University,                 
Revenue (General Pledge)                 
(Insured; AMBAC)    5.00    5/1/14    1,615,000    1,720,734 
West Virginia--10.4%                 
West Virginia                 
(Insured; FGIC)    0.00    11/1/26    5,450,000    2,073,344 
West Virginia                 
(Insured; FGIC)    6.50    11/1/26    2,600,000    3,159,390 
West Virginia Building Commission,                 
LR (West Virginia Regional                 
Jail) (Insured; AMBAC)    5.38    7/1/21    2,505,000    2,765,645 
West Virginia Higher Education                 
Policy Commission, Revenue                 
(Higher Education Facilities)                 
(Insured; FGIC)    5.00    4/1/29    2,000,000    2,059,540 
West Virginia Water Development                 
Authority, Water Development                 
Revenue (Loan Program II)                 
(Insured; AMBAC)    5.25    11/1/23    1,000,000    1,070,780 
West Virginia Water Development                 
Authority, Water Development                 
Revenue (Loan Program II)                 
(Insured; AMBAC)    5.00    11/1/29    1,400,000    1,446,242 
Wisconsin--.2%                 
Tomahawk School District,                 
GO (Insured; FSA)    5.05    3/1/11    235,000 a    247,798 
Total Investments(cost $113,570,966)            98.7%    118,173,482 
Cash and Receivables (Net)            1.3%    1,569,292 
Net Assets            100.0%    119,742,774 

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 At July 31, 2006, 28.0% of the fund's net assets are insured by AMBAC and 29.7% are insured by MBIA.

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    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.

Dreyfus Insured Municipal Bond Fund, Inc.

By:    /s/ Stephen E. Canter 

    Stephen E. Canter 
    President 
Date:    September 15, 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:    September 15, 2006 
 
 
By:    /s/ James Windels 

    James Windels
    Chief Financial Officer 
Date:    September 15, 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)