<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>2
<FILENAME>wapremierbondfund.txt
<TEXT>



Report of Independent Registered
Public Accounting Firm
 on Internal Control Required by Form
NSAR

To the Board of Trustees and
Shareholders of Western Asset Premier
Bond Fund


In planning and performing our audit of
the financial statements of Western
Asset Premier Bond Fund ("the
Company") as of and for the year ended
December 31, 2007, in accordance with
the standards of the Public Company
Accounting Oversight Board (United
States), we considered the Companys
internal control over financial reporting,
including controls over safeguarding
securities, as a basis for designing our
auditing procedures for the purpose of
expressing our opinion on the financial
statements and to comply with the
requirements of Form NSAR, but not for
the purpose of expressing an opinion on
the effectiveness of the Companys
internal control over financial reporting.
Accordingly, we do not express an
opinion on the effectiveness of the
Companys internal control over financial
reporting.

The management of the Company is
responsible for establishing and
maintaining effective internal control
over financial reporting.  In fulfilling this
responsibility, estimates and judgments
by management are required to assess
the expected benefits and related costs
of controls.  A companys internal control
over financial reporting is a process
designed to provide reasonable
assurance regarding the reliability of
financial reporting and the preparation of
financial statements for external
purposes in accordance with generally
accepted accounting principles.  A
companys internal control over financial
reporting includes those policies and
procedures that (1) pertain to the
maintenance of records that, in
reasonable detail, accurately and fairly
reflect the transactions and dispositions
of the assets of the company; (2)
provide reasonable assurance that
transactions are recorded as necessary
to permit preparation of financial
statements in accordance with generally
accepted accounting principles, and that
receipts and expenditures of the
company are being made only in
accordance with authorizations of
management and trustees of the
company; and (3)  provide reasonable
assurance regarding prevention or
timely detection of unauthorized
acquisition, use or disposition of a
companys assets that could have a
material effect on the financial
statements.

Because of its inherent limitations,
internal control over financial reporting
may not prevent or detect
misstatements.  Also, projections of any
evaluation of effectiveness to future
periods are subject to the risk that
controls may become inadequate
because of changes in conditions, or
that the degree of compliance with the
policies or procedures may deteriorate.

A deficiency in internal control over
financial reporting exists when the
design or operation of a control does not
allow management or employees, in the
normal course of performing their
assigned functions, to prevent or detect
misstatements on a timely basis.  A
material weakness is a deficiency, or a
combination of deficiencies, in internal
control over financial reporting, such that
there is a reasonable possibility that a
material misstatement of the Companys
annual or interim financial statements
will not be prevented or detected on a
timely basis.

Our consideration of the Companys
internal control over financial reporting
was for the limited purpose described in
the first paragraph and would not
necessarily disclose all deficiencies in
internal control over financial reporting
that might be material weaknesses
under standards established by the
Public Company Accounting Oversight
Board (United States).  However, we
noted the following deficiency in the
Companys internal control over financial
reporting and its operation, including
controls over safeguarding securities
that we consider to be a material
weakness as defined above as of
December 31, 2007. Management did
not maintain effective controls over
valuing CDX High Yield Tranche  credit
default swaps. Specifically, the effective
controls did not exist to ensure that
model assumptions for CDX High Yield
Tranche credit default swaps were
appropriate affecting swap contracts at
value and change in unrealized
appreciation/depreciation of swaps.
This control deficiency resulted in a
material adjustment to the Companys
2007 financial statements. Additionally,
the control deficiency could result in
misstatements of the aforementioned
accounts that would result in a material
misstatement of the Companys financial
statements that would not be prevented
or detected on a timely basis.
Accordingly, the Company determined
that this control deficiency constitutes a
material weakness.

This report is intended solely for the
information and use of management and
the Board of Trustees of Western Asset
Premier Bond Fund and the Securities
and Exchange Commission and is not
intended to be and should not be used
by anyone other than these specified
parities



PricewaterhouseCoopers LLP
Baltimore, Maryland
February 29, 2008
2

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