[ARTICLE] 6
[CIK] 939800
[NAME] OPPENHEIMER INTERNATIONAL BOND FUND-B
[SERIES]
[NUMBER] 1
[NAME] OPPENHEIMER INTERNATIONAL BOND FUND
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-2000
[PERIOD-START] OCT-01-1999
[PERIOD-END] Mar-31-2000
[INVESTMENTS-AT-COST] 255,421,937
[INVESTMENTS-AT-VALUE] 256,843,357
[RECEIVABLES] 47,707,756
[ASSETS-OTHER] 4,013
[OTHER-ITEMS-ASSETS] 1,442,021
[TOTAL-ASSETS] 305,997,147
[PAYABLE-FOR-SECURITIES] 23,543,272
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,404,531
[TOTAL-LIABILITIES] 25,947,803
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 335,587,392
[SHARES-COMMON-STOCK] 27,858,896
[SHARES-COMMON-PRIOR] 28,102,977
[ACCUMULATED-NII-CURRENT] 2,355,987
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (59,710,294)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,816,259
[NET-ASSETS] 122,764,914
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 17,689,748
[OTHER-INCOME] 0
[EXPENSES-NET] 2,279,086
[NET-INVESTMENT-INCOME] 15,410,662
[REALIZED-GAINS-CURRENT] (6,373,250)
[APPREC-INCREASE-CURRENT] 16,405,998
[NET-CHANGE-FROM-OPS] 25,443,410
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 6,177,197
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4,172,683
[NUMBER-OF-SHARES-REDEEMED] 5,087,959
[SHARES-REINVESTED] 671,195
[NET-CHANGE-IN-ASSETS] 29,725,053
[ACCUMULATED-NII-PRIOR] 744,959
[ACCUMULATED-GAINS-PRIOR] (53,337,044)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 990,427
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,297,488
[AVERAGE-NET-ASSETS] 122,186,000
[PER-SHARE-NAV-BEGIN] 4.22
[PER-SHARE-NII] 0.25
[PER-SHARE-GAIN-APPREC] 0.16
[PER-SHARE-DIVIDEND] 0.22
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 4.41
[EXPENSE-RATIO] 2.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
