OPPENHEIMER BOND FUND
Supplement dated July 15, 1997 to the
Prospectus dated April 30, 1997
The Prospectus is changed as follows:
1. The fourth sentence of the sub-section captioned "Who Manages
the Fund" in "A Brief Overview of the Fund" is revised as follows:
Effective July 15, 1997, the Fund's portfolio manager, who is
primarily responsible for the selection of the Fund's
securities, is David P. Negri.
2. The sub-section captioned "Portfolio Manager" in "How the Fund
is Managed-The Manager and Its Affiliates" on page 22 is revised as
follows:
Effective July 15, 1997, the Fund's portfolio manager is David
P. Negri. He is the individual principally responsible for
the day-to-day management of the Fund's portfolio. Mr. Negri
is a Vice president of the Manager and of the Fund and has
been a portfolio manager of the Fund since July 10, 1995.
July 15, 1997
PS0285.009
