FEDERATED MUNICIPAL OPPORTUNITIES FUND INC
NSAR-B, EX-99, 2000-10-27
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October 16, 2000

Securities and Exchange Commission
Mail Stop 11-3
450 5th Street, N.W.
Washington, D.C.   20549

Dear Sirs/Madams:

We have read and agree with the comments in Sub-Item 77K of Form N-SAR
of Federated Municipal Opportunities Fund, Inc. for the year ended
August 31, 2000.

Yours truly,




Deloitte & Touche LLP




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