EX-23

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Shareholders and Board of Trustees of
Oppenheimer International Bond Fund:

In planning and performing our audit of the financial statements of Oppenheimer
International Bond Fund (the "Fund"), as of and for the year ended September 30,
2007, in accordance with the standards of the Public Company Accounting
Oversight Board (United States), we considered its internal control over
financial reporting, including control activities for safeguarding securities,
as a basis for designing our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the requirements of
Form N-SAR, but not for the purpose of expressing an opinion on the
effectiveness of the Fund's internal control over financial reporting.
Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of controls. A company's internal control
over financial reporting is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted
accounting principles. Such internal control includes policies and procedures
that provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use, or disposition of a company's assets that could
have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.

A control deficiency exists when the design or operation of a control does not
allow management or employees, in the normal course of performing their assigned
functions, to prevent or detect misstatements on a timely basis. A significant
deficiency is a control deficiency, or combination of control deficiencies, that
adversely affects the company's ability to initiate, authorize, record, process,
or report external financial data reliably in accordance with generally accepted
accounting principles such that there is more than a remote likelihood that a
misstatement of the company's annual or interim financial statements that is
more than inconsequential will not be prevented or detected. A material weakness
is a significant deficiency, or combination of significant deficiencies, that
results in more than a remote likelihood that a material misstatement of the
annual or interim financial statements will not be prevented or detected.

Our consideration of the Fund's internal control over financial reporting was
for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control that might be
significant deficiencies or material weaknesses under standards established by
the Public Company Accounting Oversight Board (United States). However, we noted
no deficiencies in the Fund's internal control over financial reporting and its
operation, including controls for safeguarding securities, that we consider to
be a material weakness, as defined above, as of September 30, 2007.

This report is intended solely for the information and use of management and the
Board of Trustees of the Fund and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other than these specified
parties.

/s/ DELOITTE & TOUCHE LLP

Denver, Colorado
November 14, 2007

EX-99

Net investment income (loss) and net realized gain (loss) may differ for
financial statement and tax purposes. The character of dividends and
distributions made during the fiscal year from net investment income or net
realized gains may differ from their ultimate characterization for federal
income tax purposes. Also, due to timing of dividends and distributions, the
fiscal year in which amounts are distributed may differ from the fiscal year in
which the income or net realized gain was recorded by the Fund. Accordingly, the
following amounts have been reclassified for September 30, 2007. Net assets of
the Fund were unaffected by the reclassifications.

                                                             REDUCTION TO
                                      INCREASE TO         ACCUMULATED NET
      INCREASE TO                 ACCUMULATED NET           REALIZED GAIN
      PAID-IN CAPITAL           INVESTMENT INCOME        ON INVESTMENTS 3
      -------------------------------------------------------------------
      $ 3,925,416                   $  98,613,824           $ 102,539,240

3. $3,925,416, all of which was long-term capital gain, was distributed in
connection with Fund share redemptions.

EX-99.77E LEGAL

Oppenheimer International Bond Fund
Period Ending 09-30-07
Exhibit 77 E

A complaint was filed as a putative class action against OppenheimerFunds, Inc.
("OFI"), OppenheimerFunds Services ("OFS") and OppenheimerFunds Distributor,
Inc. ("OFDI") (and other defendants) in the U.S. District Court for the Southern
District of New York on January 10, 2005, and was amended on March 4, 2005. The
complaint alleged, among other things, that OFI charged excessive fees for
distribution and other costs of certain Oppenheimer funds, and that by
permitting and/or participating in those actions, the Directors/Trustees and the
Officers of the funds breached their fiduciary duties to fund shareholders under
the Investment Company Act of 1940 and at common law. The plaintiffs sought
unspecified damages, an accounting of all fees paid, and an award of attorneys'
fees and litigation expenses. Seven of the eight counts in the complaint,
including the claims against certain of the Oppenheimer funds, as nominal
defendants, and against certain present and former Directors, Trustees and
officers of the funds, and OFDI, as defendants, were dismissed with prejudice,
by court order dated March 10, 2006, in response to motions to dismiss the suit
that had been filed by the defendants. The remaining count against OFI and OFS
was dismissed with prejudice by court order dated April 5, 2006. On May 11,
2006, plaintiffs filed a notice of appeal of the March 10 and April 5 decisions
with the United States District Court for the Southern District of New York. On
July 26, 2006, this appeal was stayed by Stipulation of the parties, which
provided that the appeal would be terminated by March 30, 2007 unless plaintiffs
filed a written notice to reactivate it with the of the United States Court of
Appeals for the Second Circuit. According to Court records, no such notice of
reinstatement was filed by that date. Consequently, the case has been
terminated, and the March 10, 2006 and April 5, 2006 Orders of the District
Court dismissing all claims against defendants are now final and are not be
subject to further appeals.