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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 rwu9YgtQ00K0xNyz3lFfeQ==

<SEC-DOCUMENT>0001445473-09-000005.txt : 20091216
<SEC-HEADER>0001445473-09-000005.hdr.sgml : 20091216
<ACCEPTANCE-DATETIME>20091216144735
ACCESSION NUMBER:		0001445473-09-000005
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20091216
DATE AS OF CHANGE:		20091216
EFFECTIVENESS DATE:		20091216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JSC Municipal Bond Fund, L.P.
		CENTRAL INDEX KEY:			0001445473
		IRS NUMBER:				260141351
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-122621
		FILM NUMBER:		091244216

	BUSINESS ADDRESS:	
		STREET 1:		510 W. REDMAN AVE
		CITY:			HADDONFIELD
		STATE:			NJ
		ZIP:			08033
		BUSINESS PHONE:		856-278-2606

	MAIL ADDRESS:	
		STREET 1:		510 W. REDMAN AVE
		CITY:			HADDONFIELD
		STATE:			NJ
		ZIP:			08033

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JSC MUNICIPAL BOND FUND LP
		DATE OF NAME CHANGE:	20080917
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001445473</cik>
        <entityName>JSC Municipal Bond Fund, L.P.</entityName>
        <issuerAddress>
            <street1>510 W. REDMAN AVE</street1>
            <city>HADDONFIELD</city>
            <stateOrCountry>NJ</stateOrCountry>
            <zipCode>08033</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>856-278-2606</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>JSC MUNICIPAL BOND FUND LP</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>D</firstName>
                <middleName>Drew</middleName>
                <lastName>Siok</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>510 W. Redman Ave.</street1>
                <city>Haddonfield</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08033</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Director of JSC Asset Management, LLC, the General
Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>A</middleName>
                <lastName>Carney</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>510 W. Redman Ave.</street1>
                <city>Haddonfield</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08033</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of JSC Asset Management, LLC, the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Christophe</firstName>
                <lastName>Jauffret</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>510 W. Redman Ave.</street1>
                <city>Haddonfield</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08033</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Portfolio Manager of JSC Asset Management, LLC, the General
Partner</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$5,000,001 - $25,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-08-040679</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2007-11-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>4037901</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>1</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>17</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>59645</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Estimated Management Fee, which is based on a
percentage of the assets (2% annually); Performance Fee may also be charged but is not included in estimate because of contingent nature of fee.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>JSC Municipal Bond Fund, L.P.</issuerName>
                <signatureName>D. Drew Siok</signatureName>
                <nameOfSigner>D. Drew Siok</nameOfSigner>
                <signatureTitle>Managing Director of he General Partner</signatureTitle>
                <signatureDate>2009-12-16</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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