OPPENHEIMER SENIOR FLOATING RATE FUND
486BPOS, EX-23, 2000-08-21
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                             OppenheimerFunds, Inc.
                              2 World Trade Center
                            New York, New York 10048




                                             August 14, 2000



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

      Re:  Oppenheimer Senior Floating Rate Fund
           Reg. No. 333-82579
           Sec File No. 811-09373

To the Securities and Exchange Commission:

      On behalf of  Oppenheimer  Senior  Floating  Rate  Fund (the  "Fund")  and
pursuant  to Rule 486 under  the  Securities  Act of 1933,  as  amended,  and in
connection  with  the  Fund's  Registration  Statement  on Form  N-2  under  the
Securities  Act of 1933 which  also  constitutes  Amendment  No. 4 to the Fund's
Registration Statement under the Investment Company Act of 1940, as amended, the
undersigned counsel, who prepared such Registration Statement, hereby represents
to the  Commission  that  such  Registration  Statement  does  not  contain  any
disclosures  that would render it  ineligible  to become  effective  pursuant to
paragraph (b) of Rule 486.

                                Very truly yours,


                             /s/ Deborah A. Sullivan
                               Deborah A. Sullivan
                               Assistant Vice President and
                                Assistant Counsel



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