PAGE 1
000 B000000 12/31/2006
000 C000000 1163792
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 WESTERN ASSET PREMIER BOND FUND
001 B000000 811-10603
001 C000000 8662904386
002 A000000 385 EAST COLORADO BLVD
002 B000000 PASADENA
002 C000000 CA
002 D010000 91101
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 WESTERN ASSET MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-08162
008 D010001 PASADENA
008 D020001 CA
008 D030001 91101
008 A000002 WESTERN ASSET MANAGEMENT COMPANY LIMITED
008 B000002 S
008 C000002 801-08162
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC2A2EN
010 A000001 PRINCETON ADMINISTRATORS, LLC
010 C010001 PRINCETON
010 C020001 NJ
010 C030001 08543
010 C040001 9095
011 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
011 B000001 8-7221
PAGE 2
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10281
011 C040001 1201
011 A000002 LEGG MASON WOOD WALKER, INCORPORATED
011 B000002 8-15939
011 C010002 BALTIMORE
011 C020002 MD
011 C030002 21202
011 C040002 1099
011 A000003 A.G. EDWARDS & SONS, INC.
011 B000003 8-13580
011 C010003 ST. LOUIS
011 C020003 MO
011 C030003 63103
011 A000004 PRUDENTIAL SECURITIES INCORPORATED
011 B000004 8-27154
011 C010004 NEW YORK
011 C020004 NY
011 C030004 10292
011 A000005 RBC CAPITAL MARKETS
011 B000005 8-00000
011 C010005 NEW YORK
011 C020005 NY
011 C030005 10103
011 A000006 ADVEST, INC.
011 B000006 8-21409
011 C010006 HARTFORD
011 C020006 CT
011 C030006 06103
011 A000007 ROBERT W. BAIRD & CO. INCORPORATED
011 B000007 8-0000
011 C010007 MILWAUKEE
011 C020007 WI
011 C030007 53201
011 C040007 0672
011 A000008 CROWELL, WEEDON & CO
011 B000008 8-0000
011 C010008 LOS ANGELES
011 C020008 CA
011 C030008 90017
011 A000009 MCDONALD INVESTMENTS INC.
011 B000009 8-0000
011 C010009 CLEVELAND
011 C020009 OH
011 C030009 44114
011 A000010 WEDBUSH MORGAN SECURITIES
011 B000010 8-0000
011 C010010 LOS ANGELES
011 C020010 CA
011 C030010 90017
PAGE 3
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A.
012 B000001 85-11340
012 C010001 PROVIDENCE
012 C020001 RI
012 C030001 02940
012 C040001 3010
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 BALTIMORE
013 B020001 MD
013 B030001 21201
014 A000001 LEGG MASON WOOD WALKER, INCORPORATED
014 B000001 8-016767
015 A000001 STATE STREET BANK & TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02103
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 1
020 A000002 J.P. MORGAN SECURITIES INC.
020 B000002 13-3224016
020 C000002 1
020 A000003 GELBER SECURITIES LLC
020 C000003 1
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 3
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001 2179787
022 D000001 1099
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000002 13-5674085
022 C000002 700709
022 D000002 3238
022 A000003 BEAR, STEARNS & CO. INC.
022 B000003 13-3299429
022 C000003 88792
022 D000003 72585
022 A000004 CREDIT SUISSE SECURITIES (USA) L.L.C.
022 B000004 13-5659485
PAGE 4
022 C000004 16028
022 D000004 13444
022 A000005 J.P. MORGAN SECURITIES INC.
022 B000005 13-3224016
022 C000005 9793
022 D000005 17914
022 A000006 DEUTSCHE BANK SECURITIES INC.
022 B000006 13-2730828
022 C000006 10448
022 D000006 5968
022 A000007 BANC OF AMERICA SECURITIES LLC
022 B000007 56-2058405
022 C000007 7911
022 D000007 3565
022 A000008 GOLDMAN, SACHS & CO.
022 B000008 13-5108880
022 C000008 3843
022 D000008 5814
022 A000009 UBS SECURITIES LLC
022 B000009 13-3873456
022 C000009 3870
022 D000009 5463
022 A000010 MORGAN STANLEY
022 B000010 13-2655998
022 C000010 3457
022 D000010 3421
023 C000000 3042634
023 D000000 141195
024 000000 Y
025 A000001 J.P. MORGAN CHASE & CO.
025 C000001 D
025 D000001 3059
025 A000002 MORGAN STANLEY
025 B000002 13-2655998
025 C000002 D
025 D000002 1584
025 A000003 THE GOLDMAN SACHS GROUP, INC.
025 C000003 D
025 D000003 1269
025 A000004 CREDIT SUISSE FIRST BOSTON, USA
025 C000004 D
025 D000004 1182
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
PAGE 5
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.550
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 Y
PAGE 6
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 3.8
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.9
062 M000000 10.6
062 N000000 7.6
062 O000000 0.0
062 P000000 96.8
062 Q000000 34.1
062 R000000 3.7
063 A000000 0
063 B000000 14.0
064 A000000 Y
064 B000000 Y
065 000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
PAGE 7
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 167700
071 B000000 169461
071 C000000 257949
071 D000000 65
072 A000000 12
072 B000000 18504
072 C000000 379
072 D000000 0
072 E000000 0
072 F000000 1334
072 G000000 0
072 H000000 0
072 I000000 30
072 J000000 50
072 K000000 0
072 L000000 70
072 M000000 30
072 N000000 24
072 O000000 0
072 P000000 1204
072 Q000000 0
072 R000000 45
072 S000000 89
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 300
072 X000000 3176
072 Y000000 10
072 Z000000 15717
PAGE 8
072AA000000 6897
072BB000000 1456
072CC010000 0
072CC020000 228
072DD010000 12619
072DD020000 0
072EE000000 2219
073 A010000 1.1015
073 A020000 0.0000
073 B000000 0.1937
073 C000000 0.0000
074 A000000 126
074 B000000 6715
074 C000000 1590
074 D000000 253170
074 E000000 12251
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 386
074 K000000 0
074 L000000 4441
074 M000000 327
074 N000000 279006
074 O000000 12139
074 P000000 130
074 Q000000 0
074 R010000 20480
074 R020000 0
074 R030000 0
074 R040000 550
074 S000000 72000
074 T000000 173707
074 U010000 11464
074 U020000 0
074 V010000 15.15
074 V020000 0.00
074 W000000 0.0000
074 X000000 8212
074 Y000000 21074
075 A000000 0
075 B000000 170585
076 000000 15.15
077 A000000 Y
077 B000000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 0
081 A000000 Y
081 B000000 49
PAGE 9
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 9
086 A020000 135
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON STOCK
087 A020000 957664105
087 A030000 WEA
087 B010000 PREFERRED STOCK
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE ANDREA MELIA
TITLE MANAGER