bqhfinal.htm - Generated by SEC Publisher for SEC Filing

UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21037

Name of Fund: BlackRock New York Municipal Bond Trust (BQH)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock New
York Municipal Bond Trust, 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing
address: P.O. Box 9011, Princeton, NJ, 08543-9011

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2009

Date of reporting period: 05/31/2009

Item 1 – Schedule of Investments


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
New York - 128.0%         
Corporate - 11.5%  Essex County, New York, IDA, Environmental Improvement     
  Revenue Bonds (International Paper Company Project), AMT,     
  Series A, 6.625%, 9/01/32    $ 100  $ 82,688 
  New York City, New York, City IDA, Special Facility Revenue     
  Bonds (American Airlines, Inc. - JFK International Airport),     
  AMT, 7.625%, 8/01/25    750  692,752 
  New York City, New York, City IDA, Special Facility Revenue     
  Bonds (Continental Airlines Inc. Project), AMT,     
  7.75%, 8/01/31    1,000  925,520 
  Port Authority of New York and New Jersey, Special Obligation     
  Revenue Bonds (Continental Airlines, Inc. - LaGuardia Project),     
  AMT, 9.125%, 12/01/15    2,340  2,341,966 
  Suffolk County, New York, IDA, IDR (Keyspan-Port Jefferson),     
  AMT, 5.25%, 6/01/27    500  439,050 
        4,481,976 
County/City/Special  Hudson Yards Infrastructure Corporation, New York, Revenue     
District/School District - 20.0%  Bonds, Series A, 4.50%, 2/15/47 (a)    1,000  804,420 
  Hudson Yards Infrastructure Corporation, New York, Revenue     
  Bonds, Series A, 5%, 2/15/47 (b)    500  423,700 
  New York City, New York, City Health and Hospital     
  Corporation, Health System Revenue Bonds, Series A,     
  5.375%, 2/15/26    1,100  1,109,691 
New York City, New York, City IDA, PILOT Revenue Bonds
  (Queens Baseball Stadium Project), 5%, 1/01/39 (c)  250  204,910 
New York City, New York, City IDA, PILOT Revenue Bonds
  (Queens Baseball Stadium Project), 6.375%, 1/01/39 (d)  100  109,657 
New York City, New York, City IDA, PILOT Revenue Bonds
  (Queens Baseball Stadium Project), 5%, 1/01/46 (c)  150  119,053 
New York City, New York, City IDA, PILOT Revenue Bonds
  (Yankee Stadium Project), 5%, 3/01/46 (b)  500  396,650 
  New York City, New York, City Transitional Finance Authority,     
  Building Aid Revenue Bonds, Series S-3,       
  5.25%, 1/15/39    500  489,665 
  New York City, New York, City Transitional Finance Authority,     
  Building Aid Revenue Refunding Bonds,       
  Series S-1, 4.50%, 1/15/38    250  216,080 
  New York City, New York, GO, Series A-1, 4.75%, 8/15/25  500  500,630 
Portfolio Abbreviations         

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many
of the securities have been abbreviated according to the list below.

AMT  Alternative Minimum Tax (subject to)  IDR  Industrial Development Revenue Bonds 
CABS  Capital Appreciation Bonds  M/F  Multi-Family 
GO  General Obligation Bonds  PILOT  Payment in Lieu of Taxes 
HFA  Housing Finance Authority  TFABS  Tobacco Flexible Amortization Bonds 
IDA  Industrial Development Authority     

1


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
  New York City, New York, GO, Series D, 5.375%, 6/01/32  $ 2,040  $ 2,062,807 
  New York City, New York, GO, Sub-Series I-1,     
  5.375%, 4/01/36    450  463,311 
  New York Convention Center Development Corporation, New     
  York, Revenue Bonds (Hotel Unit Fee Secured),     
  5%, 11/15/44 (c)    1,000  885,780 
        7,786,354 
Education - 21.9%  Albany, New York, IDA, Civic Facility Revenue Bonds (New     
  Covenant Charter School Project), Series A, 7%, 5/01/25  200  135,340 
                                            Albany, New York, IDA, Civic Facility Revenue Bonds (New
  Covenant Charter School Project), Series A, 7%, 5/01/35  130  81,717 
  Dutchess County, New York, IDA, Civic Facility Revenue Bonds     
  (Vassar College Project), 5.35%, 8/01/11 (e)  1,000  1,103,240 
                                            Dutchess County, New York, IDA, Civic Facility Revenue
  Refunding Bonds (Bard College), Series A-2, 4.50%, 8/01/36  500  344,810 
                                            New York City, New York, City IDA, Civic Facility Revenue
  Refunding Bonds (Polytechnic University),       
  5.25%, 11/01/37 (f)    250  198,897 
  New York City, New York, GO, Sub-Series J-1,     
  4.50%, 5/15/30    125  117,370 
  New York City, New York, IDA, Civic Facility Revenue Bonds     
  (Lycee Francais de New York Project),       
  Series A, 5.50%, 6/01/15 (f)    250  241,820 
  New York City, New York, Trust for Cultural Resources Revenue     
  Bonds (The Julliard School), Series A, 5%, 1/01/39  550  557,084 
  New York Liberty Development Corporation Revenue Bonds     
  (National Sports Museum Project), Series A,     
  6.125%, 2/15/19 (g)(h)    385  385 
                                            New York State Dormitory Authority, Consolidated Fourth
  General Resolution Revenue Bonds (City University System),     
  Series A, 5.25%, 7/01/11 (e)    2,215  2,410,075 
  New York State Dormitory Authority, Non-State Supported Debt     
  Revenue Bonds (Manhattan College), Series B,     
  5.30%, 7/01/37 (i)    200  163,896 
  New York State Dormitory Authority, Non-State Supported Debt     
  Revenue Bonds (Rochester Institute of Technology), Series A,     
  6%, 7/01/33    325  342,661 
                                            New York State Dormitory Authority, Non-State Supported
                                            Debt, Revenue Refunding Bonds (Mount Sinai School of
  Medicine of New York University), 5%, 7/01/35 (a)  150  145,111 
                                            New York State Dormitory Authority, Non-State Supported
  Debt, Revenue Refunding Bonds (Teachers College),     
  5.50%, 3/01/39    350  356,528 
                                            New York State Dormitory Authority Revenue Bonds (Iona
  College), 5.125%, 7/01/32 (j)    2,500  2,362,525 
        8,561,459 

2


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
Health - 3.5%  Genesee County, New York, IDA, Civic Facility Revenue     
  Refunding Bonds (United Memorial Medical Center Project),     
  5%, 12/01/27    $ 150  $ 95,727 
  New York State Dormitory Authority, Non-State Supported Debt     
  Revenue Bonds (New York University Hospitals Center), Series     
  B, 5.625%, 7/01/37    260  227,474 
  New York State Dormitory Authority, Non-State Supported Debt     
  Revenue Bonds (Presbyterian Hospital of New York), 5.25%,     
  2/15/31 (k)(l)    425  429,594 
  New York State Dormitory Authority Revenue Bonds (Hudson     
  Valley Hospital Center), 5%, 8/15/36 (k)(l)(m)  250  251,153 
  Saratoga County, New York, IDA, Civic Facility Revenue Bonds     
  (The Saratoga Hospital Project), Series B,       
  5.25%, 12/01/32    200  166,322 
  Suffolk County, New York, IDA, Continuing Care and     
                                        Retirement, Revenue Refunding Bonds (Jeffersons Ferry
  Project), 5%, 11/01/28    260  199,753 
        1,370,023 
Housing - 7.3%  New York City, New York, City Housing Development     
                                        Corporation, M/F Housing Revenue Bonds, AMT, Series A,
  5.50%, 11/01/34    2,500  2,404,000 
  New York State, HFA, M/F Housing Revenue Bonds (Highland     
  Avenue Senior Apartments), AMT, Series A,     
  5%, 2/15/39    500  431,010 
        2,835,010 
State - 23.5%  New York State Dormitory Authority, Non-State Supported     
                                        Debt, Lease Revenue Bonds (Municipal Health Facilities
  Improvement Program), Sub-Series 2-4, 4.75%, 1/15/30  500  477,185 
                                        New York State Dormitory Authority, Non-State Supported
                                        Debt, Revenue Refunding Bonds (School District Financing
  Program), Series B, 5%, 4/01/36 (l)    500  492,700 
  New York State Dormitory Authority, State Personal Income     
  Tax Revenue Bonds (Education), Series A, 5%, 3/15/38  125  125,375 
  New York State Dormitory Authority, State Personal Income     
  Tax Revenue Bonds (Education), Series B, 5.75%, 3/15/36  300  322,281 
  New York State Dormitory Authority, State Supported Debt     
  Revenue Bonds (Mental Health Services Facilities), Series A,     
  5%, 2/15/22 (l)    335  350,169 
  New York State Dormitory Authority, State Supported Debt     
  Revenue Bonds (Mental Health Services Facilities), Series B,     
  5%, 2/15/33 (l)    350  349,492 
  New York State, GO, Series A, 5%, 2/15/39  500  505,720 
                                        New York State Urban Development Corporation, Personal
  Income Tax Revenue Bonds, Series A, 5.25%, 3/15/12 (e)  5,000  5,536,700 

3


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
                                             New York State Urban Development Corporation, Personal
  Income Tax Revenue Bonds, Series B, 5%, 3/15/37  $ 1,000  $ 1,005,050 
        9,164,672 
Tobacco - 8.7%  New York Counties Tobacco Trust III, Tobacco Settlement Pass-     
  Through Bonds, 6%, 6/01/43    1,445  1,155,422 
  TSASC, Inc., New York, TFABS, Series 1, 5.75%,     
  7/15/12 (e)    2,000  2,262,680 
        3,418,102 
Transportation - 16.2%  Metropolitan Transportation Authority, New York, Dedicated     
  Tax Fund Revenue Bonds, Series A, 5.625%, 11/15/39  250  259,957 
  Metropolitan Transportation Authority, New York, Dedicated     
  Tax Fund Revenue Bonds, Series B, 5%, 11/15/34  250  249,280 
  Metropolitan Transportation Authority, New York, Revenue     
  Bonds, Series B, 4.50%, 11/15/37    250  215,205 
  Metropolitan Transportation Authority, New York, Revenue     
  Bonds, Series C, 6.50%, 11/15/28    500  553,590 
  Metropolitan Transportation Authority, New York, Revenue     
  Refunding Bonds, Series A, 5.125%, 11/15/31  2,500  2,462,250 
                                             Port Authority of New York and New Jersey, Consolidated
  Revenue Bonds, AMT, 126th Series, 5.25%, 5/15/37 (a)(b)  2,750  2,588,878 
        6,329,160 
Utilities - 15.4%  Long Island Power Authority, New York, Electric System     
  Revenue Bonds, Series C, 5.25%, 9/01/29 (n)  500  511,270 
                                             Long Island Power Authority, New York, Electric System
  Revenue Refunding Bonds, Series A, 5.50%, 4/01/24  250  268,242 
                                             Long Island Power Authority, New York, Electric System
  Revenue Refunding Bonds, Series A, 6.25%, 4/01/33  100  111,282 
                                             New York City, New York, City Municipal Water Finance
  Authority, Second General Resolution, Water and Sewer System     
  Revenue Bonds, Series AA, 4.50%, 6/15/37 (a)  250  228,093 
                                             New York City, New York, City Municipal Water Finance
                                             Authority, Second General Resolution, Water and Sewer
  System, Revenue Refunding Bonds, Series DD,     
  4.75%, 6/15/35    750  716,535 
                                             New York City, New York, City Municipal Water Finance
  Authority, Water and Sewer System Revenue Bonds, Series A,     
  5.25%, 6/15/11 (b)(e)    2,500  2,718,475 
                                             New York City, New York, City Municipal Water Finance
  Authority, Water and Sewer System Revenue Bonds, Series A,     
  5.75%, 6/15/40    400  428,972 
  New York State Environmental Facilities Corporation, State     
  Clean Water and Drinking Revenue Refunding Bonds (New York     
  City Water Project), Series D, 5.125%, 6/15/31  1,000  1,013,600 
        5,996,469 
  Total Municipal Bonds in New York      49,943,225 

4


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
       Par   
  Municipal Bonds    (000)  Value 
Guam - 1.1%         
Tobacco - 0.4%  Guam Economic Development and Commerce Authority,     
  Tobacco Settlement Asset-Backed Revenue Refunding     
  Bonds, 5.625%, 6/01/47    $ 200  $ 146,348 
Utilities - 0.7%  Guam Government Waterworks Authority, Water and     
  Wastewater System, Revenue Refunding Bonds,     
  5.875%, 7/01/35    350  283,419 
  Total Municipal Bonds in Guam      429,767 
Multi-State - 7.0%         
Housing - 7.0%  Charter Mac Equity Issuer Trust, 7.20%, 10/31/52 (o)(p)  2,500  2,716,275 
  Total Municipal Bonds in Multi-State      2,716,275 
Puerto Rico - 15.2%         
State - 12.2%  Puerto Rico Commonwealth Infrastructure Financing Authority,     
  Special Tax Revenue Bonds, CABS, Series A,     
  4.356%, 7/01/37 (c)(q)    2,000  241,340 
  Puerto Rico Commonwealth Infrastructure Financing Authority,     
  Special Tax Revenue Bonds, CABS, Series A,     
  4.998%, 7/01/44 (c)(q)    2,000  141,520 
                                           Puerto Rico Commonwealth, Public Improvement, GO,
  Series A, 5.125%, 7/01/31    1,825  1,574,884 
  Puerto Rico Public Buildings Authority, Government Facilities     
  Revenue Refunding Bonds, Series D,       
  5.25%, 7/01/12 (e)    1,980  2,179,287 
  Puerto Rico Public Buildings Authority, Government Facilities     
  Revenue Refunding Bonds, Series D,       
  5.25%, 7/01/27    720  638,323 
        4,775,354 
Tobacco - 0.9%  Children's Trust Fund Project of Puerto Rico, Tobacco     
  Settlement Revenue Refunding Bonds, 5.625%, 5/15/43  500  365,905 
Transportation - 2.1%  Puerto Rico Commonwealth Highway and Transportation     
  Authority, Transportation Revenue Refunding Bonds,     
  Series D, 5.25%, 7/01/12 (e)    750  827,873 
  Total Municipal Bonds in Puerto Rico      5,969,132 
  Total Municipal Bonds - 151.4%      59,058,399 
  Municipal Bonds Transferred to       
  Tender Option Bond Trusts (r)       
New York - 6.4%         
Housing - 6.4%  New York State Mortgage Agency Revenue Bonds, AMT,     
  Series 101, 5.40%, 4/01/32    2,557  2,478,773 
  Total Municipal Bonds Transferred to       
  Tender Option Bond Trusts - 6.4%      2,478,773 
  Total Long-Term Investments (Cost - $62,167,142) - 157.7%    61,537,172 

5


BlackRock New York Municipal Bond Trust       
Schedule of Investments May 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
  Short-Term Securities    Shares         Value 
Money Market Fund - 1.4%  CMA New York Municipal Money       
  Fund, 0.04% (s)(t)    537,211  $ 537,211 
  Total Short-Term Securities (Cost - $537,211) - 1.4%    537,211 
  Total Investments (Cost - $62,704,353*) - 159.1%    62,074,383 
  Other Assets Less Liabilities - 1.6%      626,297 
  Liability for Trust Certificates, Including Interest     
  Expense and Fees Payable - (3.3)%      (1,280,481) 
  Preferred Shares, at Redemption Value - (57.4)%    (22,401,777) 
  Net Assets Applicable to Common Shares - 100.0%    $  39,018,422 

* The cost and unrealized appreciation (depreciation) of investments as of May 31, 2009,

as computed for federal income tax purposes, were as follows:

Aggregate cost  $ 61,298,718 
Gross unrealized appreciation  $ 2,678,685 
Gross unrealized depreciation  (3,182,237) 
Net unrealized depreciation  $ (503,552) 

(a) NPFGC Insured.
(b) FGIC Insured.

(c) AMBAC Insured.

(d) Assured Guaranty Insured.

(e) US government securities, held in escrow, are used to pay interest on this security as well as to retire the bond
in full at the date indicated, typically at a premium to par.

(f) ACA Insured.

(g) Non-income producing security.

(h) Issuer filed for bankruptcy and/or is in default of interest payments.

(i) Radian Insured.

(j) XL Capital Insured.

(k) FHA Insured.

(l) FSA Insured.

(m) BHAC Insured.

(n) CIFG Insured.

(o) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold
in transactions exempt from registration to qualified institutional investors.

(p) Security represents a beneficial interest in a trust. The collateral deposited into the trust is federally tax-exempt
revenue bonds issued by various state or local governments, or their respective agencies or authorities. The
security is subject to remarketing prior to its stated maturity, and is subject to mandatory redemption at
maturity.

(q) Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

(r) Securities represent bonds transferred to a tender option bond trust in exchange for which the Trust acquired
residual interest certificates. These securities serve as collateral in a financing transaction.

(s) Represents the current yield as of report date.

(t) Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the
Investment Company Act of 1940, were as follows:

  Net   
Affiliate  Activity  Income 
CMA New York Municipal Money Fund  (591,383)  $2,260 

6


BlackRock New York Municipal Bond Trust

Schedule of Investments May 31, 2009 (Unaudited)

• The Trust adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157,
"Fair Value Measurements" ("FAS 157"). FAS 157 clarifies the definition of fair value, establishes a framework for
measuring fair values and requires additional disclosures about the use of fair value measurements. Various
inputs are used in determining the fair value of investments, which are as follows:

• Level 1 - price quotations in active markets/exchanges for identical securities

• Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or
liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in
markets that are not active, inputs other than quoted prices that are observable for the assets or
liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit
risks and default rates) or other market-corroborated inputs)

• Level 3 - unobservable inputs based on the best information available in the circumstances, to the
extent observable inputs are not available (including the Trust's own assumptions used in determining
the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with
investing in those securities. For information about the Trust's policy regarding valuation of investments and
other significant accounting policies, please refer to the Trust's most recent financial statements as contained in
its annual report.

The following table summarizes the inputs used as of May 31, 2009 in determining the fair valuation of the
Trust's investments:

    Investments in 
  Valuation Inputs  Securities 
    Assets 
Level 1    $ 537,211 
Level 2    61,537,172 
Level 3    - 
Total    $ 62,074,383 

7


Item 2 – Controls and Procedures

2(a) – The registrant’s principal executive and principal financial officers or persons performing
similar functions have concluded that the registrant’s disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the
“1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the
evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act
and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant’s internal control over financial reporting (as
defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal
quarter that have materially affected, or are reasonably likely to materially affect, the
registrant’s internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

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.

BlackRock New York Municipal Bond Trust

By: /s/ Donald C. Burke
Donald C. Burke
Chief Executive Officer of
BlackRock New York Municipal Bond Trust

Date: July 15, 2009

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/ Donald C. Burke
Donald C. Burke
Chief Executive Officer (principal executive officer) of
BlackRock New York Municipal Bond Trust

Date: July 15, 2009

By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock New York Municipal Bond Trust

Date: July 15, 2009