ROCHESTER FUND SERIES
N-18F1, 1997-04-08
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                                             Reg. No. 33-03076




                                 FORM N-18F-1



                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549




                Notification of Election Pursuant to Rule 18f-1
                   Under the Investment Company Act of 1940





                        BOND FUND SERIES, on behalf of
                       OPPENHEIMER BOND FUND FOR GROWTH
             Two World Trade Center, New York, New York 10048-0203
               ------------------------------------------------
                        Name and Address of Registrant

<PAGE>

                           NOTIFICATION OF ELECTION
                           ------------------------


The undersigned registered, open-end, non-diversified, management
investment company hereby notifies the Securities and Exchange Commission
that it elects to commit itself to pay in cash all redemptions by a
shareholder of record as provided by Rule 18f-1 under the Investment
Company Act of 1940.  It is understood that this election is irrevocable
while such Rule is in effect unless the Commission by order upon
application permits the withdrawal of this Notification of Election.




                                   SIGNATURE
                                   ---------

Pursuant to the requirements of Rule 18f-1 under the Investment Company
Act of 1940, the registrant has caused this notification of election to
be duly executed on its behalf in the city of New York and the state of
New York on the 8th day of April, 1997.

                    BOND FUND SERIES, on behalf of 
                    OPPENHEIMER BOND FUND FOR GROWTH
                    -----------------------------------
                    Name of Registrant



                    By:  /s/ Robert G. Zack
                         -----------------------------------
                         Robert G. Zack, Assistant Secretary

ATTEST:


/s/ Katherine P. Feld
- ---------------------------
Katherine P. Feld








SEC\345.18F


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