OPPENHEIMER WORLD BOND FUND
Supplement dated March 6, 2000 to the
Prospectus dated February 23, 2000
The Prospectus is changed as follows:
1. The second paragraph of the subsection entitled "Portfolio Manager" on page
15 is revised in its entirety to read as follows:
Portfolio Managers. The portfolio managers of the Fund, Arthur P. Steinmetz
and Ruggero de'Rossi, are Vice Presidents of the Fund and the persons
principally responsible for the day to day management of the Fund's
investments. Mr. Steinmetz became the portfolio manager on May 20,
1999, and Mr. de'Rossi on March 6, 2000. Mr. Steinmentz is a Senior
Vice President of the Manager. He joined the Manager in 1986, and has
been a portfolio manager of other Oppenheimer funds since 1989. Mr.
de'Rossi joined the Manager as a Vice President and portfolio manager
on March 6, 2000. He was Senior Vice President and Chief Emerging
Markets Strategist for ING Barings from 7/98 until 3/00 and Vice
President and head of emerging markets trading strategies for Citicorp
Securities from 5/95 until 7/98. Mr. Steinmetz and Mr. de'Rossi are
also officers and portfolio managers of other Oppenheimer funds.
.
2. All references in the Prospectus to the "portfolio manager" are hereby
changed to read, "portfolio managers."
March 6, 2000 PS0705.004
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OPPENHEIMER WORLD BOND FUND
Supplement dated March 6, 2000 to the
Statement of Additional Information dated February 23, 2000
The Statement of Additional Information is revised as follows:
1.The following biographical information for Ruggero de'Rossi is added to page
37 as follows:
Ruggero de'Rossi, Vice President and Portfolio Manager; Age 36.
2 World Trade Center, New York, New York 10048
Vice President of the Manager (since 3/6/00). Prior to joining the Manager he
was a Senior Vice President and Chief Emerging Markets Debt and Currency
Strategist of ING Barings, a global investment bank from 7/98 until 3/00; before
that he was Vice President, head of emerging markets trading strategies at
Citicorp Securities, after having run the bank's proprietary trading activity on
international fixed income and foreign exchange derivatives from 5/95 until
7/98. From 1990 through 1995 he was associated with other global investment
banks with responsibility for International Fixed Income Strategy and
Derivatives.
2. All references in the Statement of Additional Information to the "portfolio
manager" are hereby changed to read, "portfolio managers."
March 6, 2000 PXO705.004
