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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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 wuISnyi3QR5OgFOGW9MKtA==

<SEC-DOCUMENT>0001144204-08-011937.txt : 20080227
<SEC-HEADER>0001144204-08-011937.hdr.sgml : 20080227
<ACCEPTANCE-DATETIME>20080227094654
ACCESSION NUMBER:		0001144204-08-011937
CONFORMED SUBMISSION TYPE:	40-17G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080227
DATE AS OF CHANGE:		20080227
EFFECTIVENESS DATE:		20080227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HERZFELD CARIBBEAN BASIN FUND INC
		CENTRAL INDEX KEY:			0000880406
		IRS NUMBER:				650396889
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06445
		FILM NUMBER:		08644913

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 161465
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33116
		BUSINESS PHONE:		3052711900

	MAIL ADDRESS:	
		STREET 2:		PO BOX 161465
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST CUBA FUND INC
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17G
<SEQUENCE>1
<FILENAME>v104076_40-17g.txt
<TEXT>
                          ICI MUTUAL INSURANCE COMPANY

                         INVESTMENT COMPANY BLANKET BOND

                                   RIDER NO. 6


- --------------------------------------------------------------------------------
INSURED                                                           BOND NUMBER

The Herzfeld Caribbean Basin Fund, Inc.                           93338107B
- --------------------------------------------------------------------------------
EFFECTIVE DATE            BOND PERIOD                 AUTHORIZED REPRESENTATIVE

November 1, 2007     May 20, 2007 to May 20, 2008       /S/ Maggie Sullivan
================================================================================

In consideration of the premium charged for this Bond, it is hereby understood
and agreed that the Limit of Liability for the following Insuring Agreements is
hereby amended, effective November 1, 2007 to be:

                                                             Limit of Liability
                                                             ------------------

Insuring Agreement A-        FIDELITY                        $300,000
Insuring Agreement C-        ON PREMISES                     $300,000
Insuring Agreement D-        IN TRANSIT                      $300,000
Insuring Agreement E-        FORGERY OR ALTERATION           $300,000
Insuring Agreement F-        SECURITIES                      $300,000
Insuring Agreement G-        COUNTERFEIT CURRENCY            $300,000

[
Except as above stated, nothing herein shall be held to alter, waive or extend
any of the terms of this Bond.

<PAGE>

The following resolution was passed by unanimous vote of the Board of Directors
on February 13, 2008:

              The Herzfeld Caribbean Basin Fund, Inc. (the "Fund")

Approval of Amendment to Fidelity Bond

      RESOLVED, that the appropriate officers of The Herzfeld Caribbean Basin
Fund, Inc. (the "Fund") are authorized to make such necessary amendments or
other alterations, including increasing the amount of coverage provided to
conform with the requirements of Rule 17g-1 under the Investment Company Act of
1940 (the "1940 Act"), to the fidelity bond ("Bond") covering, among others,
officers and employees of the Fund; and be it

      RESOLVED, that the appropriate officers of the Fund are hereby authorized
and directed to file the amended Bond with the Securities and Exchange
Commission and to make such other filings and give the notices required under
Paragraph (g) of Rule 17g-1; and be it further

      RESOLVED, that the appropriate officers of the Fund be, and each hereby
is, authorized to make any and all payments and to do any and all other acts, in
the name of the Fund, as they or any of them, may determine to be necessary or
desirable and proper in connection with or in furtherance of the foregoing
resolutions.


- --------------------------------------------------------------------------------
The amount of bond if the Fund were to secure the Fidelity Bond for a single
insured would be unchanged in the amounts indicated in the text of the bond
presented in this filing. Premiums have been appropriately paid for the period
from May 20, 2007 to May 20, 2008.


/s/ Cecilia Gondor
Secretary/Treasurer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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