N-8A: Initial notification of registration under Section 8(a) filed on Form N-8A

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-8A

NOTIFICATION OF REGISTRATION
FILED PURSUANT TO SECTION 8(a) OF THE
INVESTMENT COMPANY ACT OF 1940

The undersigned investment company hereby notifies
the Securities and Exchange Commission that it registers under
and pursuant to the provisions of Section 8(a) of the
Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:

Name: Bull & Bear Global Income Fund, Inc.

Address of Principal Business Office (No. & Street, City,
State, Zip Code):

11 Hanover Square, New York, New York 10005

Telephone Number (including area code): (212) 785-0900

Name and address of agent for service of process:

Thomas B. Winmill
11 Hanover Square
New York, New York 10005

With copies of Notices and Communications to:

Richard T. Prins, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
919 Third Avenue
New York, New York 10022

Check Appropriate Box:

Registrant is filing a Registration Statement pursuant to
Section 8(b) of the Investment Company Act of 1940 concurrently
with the filing of Form N-8A: YES X NO


SIGNATURES

Pursuant to the requirements of the Investment Company Act
of 1940, the Registrant has caused this Notification of
Registration to be duly signed on its behalf in the City of New
York and State of New York on the 23rd day of January, 1997.

[SEAL] Bull & Bear Global Income
Fund, Inc.

By /s/ Thomas B. Winmill
Thomas B. Winmill
Co-President

Attest: /s/ William J. Maynard
William J. Maynard
Secretary