EXHIBIT 23
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                       CONSENT OF INDEPENDENT ACCOUNTANTS







We consent to the  incorporation by reference in the Registration  Statements of
MBIA Inc. on Form S-8  (Nos.33-22441  and 33-46062) of our report dated June 16,
2000, on our audits of the financial  statements of MBIA Inc.  Employees  Profit
Sharing and 401(K) Salary Deferral Plan as of December 31, 1999 and 1998 and for
each of the two years in the period ended  December  31,  1999,  which report is
incorporated by reference in this 1998 Annual Report of Form 11-K.

We also  consent  to the  reference  to our Firm  under  the  caption  "Experts"
included in the Prospectuses.


/s/ PRICEWATERHOUSECOOPERS LLP
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New York, New York
June 27, 2000