Notes to Financial Statements
1. SUMMARY OF ACCOUNTING POLICIES
Templeton Global Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment
company registered under the Investment Company Act of 1940. The Fund seeks current income, with capital
appreciation and growth of income, by investing primarily in a portfolio of debt securities of companies,
governments, and government agencies of various nations throughout the world. The following summarizes the
Fund's significant accounting policies.
A. SECURITIES VALUATIONS:
Securities, including options, listed or traded on a recognized national or foreign exchange or NASDAQ are
valued at the last reported sales prices on the principal exchange on which the securities are traded. Over-the-
counter securities and listed securities for which no sale is reported are valued at the mean between the last
current bid and asked prices. Securities for which market quotations are not readily available are valued at fair
value as determined by management and approved in good faith by the Board of Directors.
B. FOREIGN EXCHANGE CONTRACTS:
The Fund enters into forward exchange contracts and currency option contracts in order to hedge against foreign
(i) Forward Exchange Contracts: These contracts are valued daily and the Fund's equity therein, representing
unrealized gain or loss on the contracts, is included in the Statement of Assets and Liabilities. Realized and
unrealized gains and losses are included in the Statement of Operations.
(ii) Currency Option Contracts: Options purchased are recorded as investments; options written (sold) are
accounted for as liabilities. When an option expires, the premium (original option value) is realized as a gain if the
option was written or realized as a loss if the option was purchased. When the exercise of an option results in a
cash settlement, the difference between the premium and the settlement proceeds is realized as a gain or loss.
When securities are acquired or de