SEC Info - Oppenheimer International Bond Fund

SEC Info℠

Home

Help

Please Sign In

Oppenheimer International Bond Fund – ‘N-Q’ for 12/31/07

On: Wednesday, 2/27/08, at 4:00pm ET · Effective: 2/27/08 · For: 12/31/07 · Accession #: 935069-8-412 · File #: 811-07255

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/27/08  Oppenheimer Int’l Bond Fund       N-Q        12/31/07    2:113K                                   Bowne - BGM/FA
          → Oppenheimer International Bond Fund ⇒ A — B — C — R — Y

Quarterly Schedule of Portfolio Holdings of a Management Investment Company — Form N-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: N-Q         Quarterly Schedule of Portfolio Holdings of a         28    206K 
                          Management Investment Company --                       
                          rq0880_44649nq                                         
 2: EX-99.CERT  Miscellaneous Exhibit -- rq0880_44649cert302           4     13K

N-Q — Quarterly Schedule of Portfolio Holdings of a Management Investment Company — rq0880_44649nq
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Controls and Procedures Exhibits Schedule of Investments
1	1st Page - Filing Submission
"	Item 1. Schedule of Investments
26	Item 2. Controls and Procedures
27	Item 3. Exhibits

N-Q 1st Page of 28 TOC ↑Top Previous Next ↓Bottom Just 1st
 
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY 

Investment Company Act file number 811-07255

 Oppenheimer International Bond Fund
 -----------------------------------
(Exact name of registrant as specified in charter)

6803 South Tucson Way, Centennial, Colorado 80112-3924
------------------------------------------------------
 (Address of principal executive offices) (Zip code)

Robert G. Zack, Esq.
OppenheimerFunds, Inc.
 Two World Financial Center, New York, New York 10281-1008
 ---------------------------------------------------------
 (Name and address of agent for service)

Registrant's telephone number, including area code: (303) 768-3200
                                                    --------------

 Date of fiscal year end: September 30
                          ------------

Date of reporting period: 12/31/2007
                          ----------

ITEM 1. SCHEDULE OF INVESTMENTS.                                                

Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
ASSET-BACKED SECURITIES--0.0%                                                                                           
------------------------------------------------------------------------------------------------------------------------
Taganka Car Loan Finance plc, Automobile Asset-Backed                                                                   
Certificates, Series 2006-1A, Cl. C, 8.403%, 11/14/13 1,2                                                               
(Cost $1,350,000)                                                                $      1,350,000       $     1,309,500 
------------------------------------------------------------------------------------------------------------------------
U.S. GOVERNMENT OBLIGATIONS--0.6%                                                                                       
------------------------------------------------------------------------------------------------------------------------
U.S. Treasury Bills, 3.613%, 2/7/08 3,4 (Cost $58,254,949)                             58,470,000            58,254,949 
------------------------------------------------------------------------------------------------------------------------
FOREIGN GOVERNMENT OBLIGATIONS--59.3%                                                                                   
------------------------------------------------------------------------------------------------------------------------
ARGENTINA--0.3%                                                                                                         
Argentina (Republic of) Bonds:                                                                                          
5.374%, 8/3/12 2                                                                        5,648,125             4,973,920 
7%, 10/3/15                                                                             2,450,000             2,028,600 
Series V, 7%, 3/28/11                                                                  18,993,000            17,514,977 
Series VII, 7%, 9/12/13                                                                 4,700,000             4,087,172 
Series GDP, 0.971%, 12/15/35 2                                                         14,920,000             1,723,260 
------------------------------------------------------------------------------------------------------------------------
Neuquen (Province Del) Sr. Sec. Nts., 8.656%, 10/18/14 6                                3,375,000             3,391,875 
                                                                                                        ----------------
                                                                                                             33,719,804 
------------------------------------------------------------------------------------------------------------------------
AUSTRALIA--3.1%                                                                                                         
New South Wales Treasury Corp. Sr. Unsec. Nts., 6%, 10/1/09                           344,630,000 AUD       296,449,727 
------------------------------------------------------------------------------------------------------------------------
Queensland Treasury Corp. Unsec. Nts., Series 09G, 6%,                                                                  
7/14/09                                                                                17,640,000 AUD        15,213,845 
                                                                                                        ----------------
                                                                                                            311,663,572 
------------------------------------------------------------------------------------------------------------------------
AUSTRIA--0.7%                                                                                                           
Austria (Republic of) Unsec. Unsub. Nts., Series E, 4%,                                                                 
9/15/16                                                                                50,376,000 EUR        71,570,099 
------------------------------------------------------------------------------------------------------------------------
BELGIUM--2.4%                                                                                                           
Belgium (Kingdom of) Bonds, Series 44, 5%, 3/28/35                                     46,835,000 EUR        70,860,919 
------------------------------------------------------------------------------------------------------------------------
Belgium (Kingdom of) Treasury Bills, 4.029%, 9/18/08 5                                121,480,000 EUR       172,274,491 
                                                                                                        ----------------
                                                                                                            243,135,410 
------------------------------------------------------------------------------------------------------------------------
BRAZIL--1.0%                                                                                                            
Brazil (Federal Republic of) Bonds:                                                                                     
6%, 1/17/17                                                                            16,320,000            16,621,920 
8%, 1/15/18                                                                            14,015,000            15,717,823 
8.75%, 2/4/25                                                                           2,135,000             2,711,450 
8.875%, 10/14/19                                                                       28,355,000            35,160,200 
10.50%, 7/14/14                                                                        17,650,000            22,503,750 
------------------------------------------------------------------------------------------------------------------------
Brazil (Federal Republic of) Nts., 7.875%, 3/7/15                                       4,000,000             4,526,000 
                                                                                                        ----------------
                                                                                                             97,241,143 
------------------------------------------------------------------------------------------------------------------------
BULGARIA--0.0%                                                                                                          
Bulgaria (Republic of) Bonds:                                                                                           
8.25%, 1/15/15                                                                          1,500,000             1,751,250 
8.25%, 1/15/15 6                                                                        1,440,000             1,681,200 
                                                                                                        ----------------
                                                                                                              3,432,450 
------------------------------------------------------------------------------------------------------------------------
CANADA--3.4%                                                                                                            
Canada (Government of) Nts.:                                                                                            
3.75%, 6/1/12                                                                         170,190,000 CAD       170,446,878 
4.25%, 12/1/09                                                                        166,650,000 CAD       169,245,836 
                                                                                                        ----------------
                                                                                                            339,692,714 

 1 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 2nd Page of 28 TOC 1st Previous Next ↓Bottom Just 2nd
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

------------------------------------------------------------------------------------------------------------------------
                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
COLOMBIA--0.6%                                                                                                          
Bogota Distrio Capital Sr. Bonds, 9.75%, 7/26/28 6                                 16,413,000,000 COP   $     7,747,375 
------------------------------------------------------------------------------------------------------------------------
Colombia (Republic of) Bonds:                                                                                           
7.375%, 9/18/37                                                                         3,390,000             3,779,850 
10.75%, 1/15/13                                                                        12,180,000            15,011,850 
12%, 10/22/15                                                                      19,665,000,000 COP        10,841,574 
------------------------------------------------------------------------------------------------------------------------
Colombia (Republic of) Nts.:                                                                                            
8.25%, 12/22/14                                                                         6,655,000             7,619,975 
11.75%, 3/1/10                                                                      7,228,000,000 COP         3,709,418 
------------------------------------------------------------------------------------------------------------------------
EEB International Ltd., Sr. Unsec. Bonds, 8.75%, 10/31/14 1                             6,850,000             7,029,813 
                                                                                                        ----------------
                                                                                                             55,739,855 
------------------------------------------------------------------------------------------------------------------------
COSTA RICA--0.0%                                                                                                        
Costa Rica (Republic of) Unsec. Bonds, 9.995%, 8/1/20                                   2,730,000             3,560,944 
------------------------------------------------------------------------------------------------------------------------
DENMARK--0.6%                                                                                                           
Denmark (Kingdom of) Bonds:                                                                                             
4%, 11/15/10                                                                           94,055,000 DKK        18,282,898 
4%, 11/15/15                                                                           68,475,000 DKK        13,065,244 
7%, 11/10/24                                                                           24,835,000 DKK         6,205,347 
------------------------------------------------------------------------------------------------------------------------
Denmark (Kingdom of) Nts., 4%, 8/15/08                                                 99,090,000 DKK        19,415,340 
                                                                                                        ----------------
                                                                                                             56,968,829 
------------------------------------------------------------------------------------------------------------------------
DOMINICAN REPUBLIC--0.0%                                                                                                
Dominican Republic Unsec. Unsub. Bonds, Series REG S, 9.04%,                                                            
1/23/18                                                                                 2,705,118             3,077,071 
------------------------------------------------------------------------------------------------------------------------
EGYPT--0.1%                                                                                                             
Egypt (The Arab Republic of) Unsec. Unsub. Bonds, 8.75%,                                                                
7/15/12 6                                                                              54,260,000 EGP        10,040,700 
------------------------------------------------------------------------------------------------------------------------
EL SALVADOR--0.1%                                                                                                       
El Salvador (Republic of) Bonds:                                                                                        
7.625%, 9/21/34 6                                                                       1,185,000             1,380,525 
7.65%, 6/15/35 6                                                                        7,740,000             8,959,050 
                                                                                                        ----------------
                                                                                                             10,339,575 
------------------------------------------------------------------------------------------------------------------------
FRANCE--5.3%                                                                                                            
France (Government of) Obligations Assimilables du Tresor                                                               
Bonds:                                                                                                                  
3.25%, 4/25/16                                                                        178,510,000 EUR       240,842,261 
4%, 10/25/38                                                                          153,360,000 EUR       199,834,461 
------------------------------------------------------------------------------------------------------------------------
France (Government of) Treasury Bills, 3.933%, 1/17/08 5                               64,315,000 EUR        93,729,757 
                                                                                                        ----------------
                                                                                                            534,406,479 
------------------------------------------------------------------------------------------------------------------------
GERMANY--9.5%                                                                                                           
Germany (Federal Republic of) Bonds:                                                                                    
Series 03, 3.75%, 7/4/13                                                              104,470,000 EUR       149,188,152 
Series 05, 4%, 1/4/37                                                                 184,805,000 EUR       244,339,277 
Series 07, 4.25%, 7/4/17                                                               50,570,000 EUR        73,492,498 
------------------------------------------------------------------------------------------------------------------------
Germany (Federal Republic of) Treasury Bills, Series 0707,                                                              
4.062%, 1/16/08 5                                                                     332,275,000 EUR       484,300,675 
                                                                                                        ----------------
                                                                                                            951,320,602 

 2 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 3rd Page of 28 TOC 1st Previous Next ↓Bottom Just 3rd
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

------------------------------------------------------------------------------------------------------------------------
                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
GHANA--0.1%                                                                                                             
Ghana (Republic of) Bonds, 8.50%, 10/4/17 1                                      $      6,100,000       $     6,450,750 
------------------------------------------------------------------------------------------------------------------------
GREECE--1.6%                                                                                                            
Greece (Republic of) Bonds, 4.60%, 5/20/13                                            108,850,000 EUR       160,710,222 
------------------------------------------------------------------------------------------------------------------------
GUATEMALA--0.0%                                                                                                         
Guatemala (Republic of) Nts.:                                                                                           
10.25%, 11/8/11 6                                                                         160,000               185,200 
10.25%, 11/8/11                                                                         3,710,000             4,294,325 
                                                                                                        ----------------
                                                                                                              4,479,525 
------------------------------------------------------------------------------------------------------------------------
INDONESIA--0.3%                                                                                                         
Indonesia (Republic of) Nts.:                                                                                           
6.75%, 3/10/14 6                                                                       11,305,000            11,714,806 
7.25%, 4/20/15 6                                                                        7,450,000             7,897,000 
------------------------------------------------------------------------------------------------------------------------
Indonesia (Republic of) Unsec. Nts., 8.50%, 10/12/35 6                                  6,540,000             7,659,975 
                                                                                                        ----------------
                                                                                                             27,271,781 
------------------------------------------------------------------------------------------------------------------------
ISRAEL--0.3%                                                                                                            
Israel (State of) Bonds, Series 2682, 7.50%, 3/31/14                                  107,990,000 ILS        30,069,446 
------------------------------------------------------------------------------------------------------------------------
ITALY--5.0%                                                                                                             
Italy (Republic of) Nts., Certificati di Credito del Tesoro,4.40%,                                                      
7/1/09 2                                                                              341,800,000 EUR       500,204,016 
------------------------------------------------------------------------------------------------------------------------
JAPAN--7.9%                                                                                                             
Japan (Government of) Bonds:                                                                                            
2 yr., Series 252, 0.80%, 1/15/09                                                  34,742,000,000 JPY       312,151,606 
10 yr., Series 245, 0.90%, 12/20/12                                                16,210,000,000 JPY       144,388,751 
10 yr., Series 288, 1.70%, 9/20/17                                                 14,326,000,000 JPY       131,012,131 
30 yr., Series 25, 2.30%, 12/20/36                                                 23,332,000,000 JPY       206,762,436 
                                                                                                        ----------------
                                                                                                            794,314,924 
------------------------------------------------------------------------------------------------------------------------
MALAYSIA--0.5%                                                                                                          
Johor Corp. Malaysia (Government of) Bonds, Series P3, 1%,                                                              
7/31/12 1                                                                             107,980,000 MYR        38,337,060 
------------------------------------------------------------------------------------------------------------------------
Malaysia (Government of) Bonds, Series 2/05, 4.72%, 9/30/15                            39,730,000 MYR        12,536,889 
                                                                                                        ----------------
                                                                                                             50,873,949 
------------------------------------------------------------------------------------------------------------------------
MEXICO--1.9%                                                                                                            
Mexican Cetes Treasury Bills:                                                                                           
Series BI, 7.734%, 10/23/08 5                                                         572,520,000 MXN        49,337,471 
Series BI, 7.764%, 8/28/08 5                                                          283,400,000 MXN        24,696,490 
------------------------------------------------------------------------------------------------------------------------
Mexican Williams Sr. Nts., 5.488%, 11/15/08 1,2                                           500,000               504,100 
------------------------------------------------------------------------------------------------------------------------
United Mexican States Bonds, Series M7, 8%, 12/24/08 2                              1,293,690,000 MXN       118,794,429 
                                                                                                        ----------------
                                                                                                            193,332,490 
------------------------------------------------------------------------------------------------------------------------
NIGERIA--0.8%                                                                                                           
Nigeria (Federal Republic of) Bonds, Series 5Y, 13.50%,9/11/11                        437,980,000 NGN         3,789,140 
------------------------------------------------------------------------------------------------------------------------
Nigeria (Federal Republic of) Nts.:                                                                                     
Series 3Y2S, 12.50%, 2/24/09                                                          356,000,000 NGN         3,155,386 
Series 3Y7S, 17%, 12/16/08                                                            570,000,000 NGN         5,269,720 
------------------------------------------------------------------------------------------------------------------------
Nigeria (Federal Republic of) Promissory Nts., Series RC,                                                               
5.092%, 1/5/10                                                                            289,947               252,287 

 3 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 4th Page of 28 TOC 1st Previous Next ↓Bottom Just 4th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Nigeria (Federal Republic of) Treasury Bonds:                                                                           
Series 3Y, 9.23%, 5/25/12                                                           1,224,000,000 NGN   $    10,142,901 
Series 5Y, 9.50%, 8/31/12                                                           2,202,000,000 NGN        18,583,461 
Series 5Y13, 12.99%, 9/29/11                                                          866,700,000 NGN         8,395,008 
Series 7Y, 9.20%, 6/29/14 1                                                           650,000,000 NGN         5,320,187 
Series 7Y16, 11.99%, 12/22/13                                                       1,422,500,000 NGN        12,909,881 
Series 7YR, 12.74%, 10/27/13                                                        1,050,600,000 NGN         9,846,590 
                                                                                                        ----------------
                                                                                                             77,664,561 
------------------------------------------------------------------------------------------------------------------------
PANAMA--0.4%                                                                                                            
Panama (Republic of) Bonds:                                                                                             
6.70%, 1/26/36                                                                         12,875,000            13,647,500 
7.25%, 3/15/15                                                                         15,905,000            17,614,788 
8.875%, 9/30/27                                                                         3,255,000             4,239,638 
9.375%, 4/1/29                                                                          1,650,000             2,264,625 
                                                                                                        ----------------
                                                                                                             37,766,551 
------------------------------------------------------------------------------------------------------------------------
PERU--1.8%                                                                                                              
Peru (Republic of) Bonds:                                                                                               
7.84%, 8/12/20                                                                         86,585,000 PEN        32,378,400 
9.91%, 5/5/15                                                                         128,732,000 PEN        52,035,875 
Series 7, 8.60%, 8/12/17                                                              102,145,000 PEN        39,458,191 
Series 8-1, 12.25%, 8/10/11                                                           129,465,000 PEN        51,738,930 
------------------------------------------------------------------------------------------------------------------------
Peru (Republic of) Sr. Nts., 4.533%, 2/28/16 5                                          1,486,438               947,486 
                                                                                                        ----------------
                                                                                                            176,558,882 
------------------------------------------------------------------------------------------------------------------------
PHILIPPINES--0.2%                                                                                                       
Philippines (Republic of the) Bonds, 8%, 1/15/16                                        2,910,000             3,317,400 
------------------------------------------------------------------------------------------------------------------------
Philippines (Republic of the) Unsec. Bonds:                                                                             
7.75%, 1/14/31                                                                          3,914,000             4,535,348 
9%, 2/15/13                                                                            13,985,000            15,995,344 
                                                                                                        ----------------
                                                                                                             23,848,092 
------------------------------------------------------------------------------------------------------------------------
POLAND--0.4%                                                                                                            
Poland (Republic of) Bonds:                                                                                             
Series DS1013, 5%, 10/24/13                                                            79,840,000 PLZ        30,772,489 
Series WS0922, 5.75%, 9/23/22                                                          10,000,000 PLZ         4,010,573 
                                                                                                        ----------------
                                                                                                             34,783,062 
------------------------------------------------------------------------------------------------------------------------
SPAIN--2.3%                                                                                                             
Spain (Government of) Bonds, 3.80%, 1/31/17                                            30,885,000 EUR        43,064,210 
------------------------------------------------------------------------------------------------------------------------
Spain (Government of) Treasury Bills, 3.999%, 3/20/08 5                               127,830,000 EUR       185,125,716 
                                                                                                        ----------------
                                                                                                            228,189,926 
------------------------------------------------------------------------------------------------------------------------
THE NETHERLANDS--1.0%                                                                                                   
Netherlands (Kingdom of the) Bonds, 5%, 7/15/11                                        68,060,000 EUR       102,144,710 
------------------------------------------------------------------------------------------------------------------------
TURKEY--2.2%                                                                                                            
Turkey (Republic of) Bonds:                                                                                             
6.75%, 4/3/18                                                                          36,105,000            37,215,229 
7%, 9/26/16                                                                            13,755,000            14,614,688 
------------------------------------------------------------------------------------------------------------------------
Turkey (Republic of) Nts.:                                                                                              
7.25%, 3/15/15                                                                          8,615,000             9,261,125 
16%, 3/7/12 2                                                                         165,125,000 TRY       140,575,012 

 4 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 5th Page of 28 TOC 1st Previous Next ↓Bottom Just 5th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT           VALUE       
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
17.864%, 8/13/08 5                                                                     28,615,000 TRY   $    22,278,090 
                                                                                                        ----------------
                                                                                                            223,944,144 
------------------------------------------------------------------------------------------------------------------------
UNITED KINGDOM--4.9%                                                                                                    
United Kingdom Treasury Bonds:                                                                                          
5.75%, 12/7/09 7                                                                      138,730,000 GBP       282,586,165 
6%, 12/7/28 8,9                                                                        87,555,000 GBP       209,865,623 
                                                                                                        ----------------
                                                                                                            492,451,788 
------------------------------------------------------------------------------------------------------------------------
URUGUAY--0.6%                                                                                                           
Uruguay (Oriental Republic of) Bonds:                                                                                   
4.25%, 4/5/27                                                                         248,600,000 UYU        12,049,256 
7.625%, 3/21/36                                                                         9,935,000            10,878,825 
------------------------------------------------------------------------------------------------------------------------
Uruguay (Oriental Republic of) Unsec. Bonds:                                                                            
5%, 9/14/18                                                                           403,060,000 UYU        22,200,115 
8%, 11/18/22                                                                           10,815,000            12,166,875 
                                                                                                        ----------------
                                                                                                             57,295,071 
                                                                                                        ----------------
Total Foreign Government Obligations (Cost $5,683,014,622)                                                5,948,263,137 
------------------------------------------------------------------------------------------------------------------------
LOAN PARTICIPATIONS--0.1%                                                                                               
------------------------------------------------------------------------------------------------------------------------
Credit Suisse First Boston International, Export-Import Bank of                                                         
Ukraine Loan Participation Nts., 8.40%, 2/9/16                                          5,890,000             5,728,025 
------------------------------------------------------------------------------------------------------------------------
Dali Capital plc/Bank of Moscow Loan Participation Nts.,                                                                
Series 28, Tranche 1, 7.25%, 11/25/09                                                  72,600,000 RUR         3,000,368 
------------------------------------------------------------------------------------------------------------------------
Dali Capital SA (ROSBANK) Loan Participation Nts., Series 23,                                                           
Tranche 1, 8%, 9/30/09                                                                 71,200,000 RUR         2,866,762 
                                                                                                        ----------------
Total Loan Participations (Cost $11,141,031)                                                                 11,595,155 
------------------------------------------------------------------------------------------------------------------------
CORPORATE BONDS AND NOTES--12.2%                                                                                        
------------------------------------------------------------------------------------------------------------------------
AES Dominicana Energia Finance SA, 11% Sr. Nts., 12/13/15 6                             7,923,000             7,923,000 
------------------------------------------------------------------------------------------------------------------------
AES Panama SA, 6.35% Sr. Nts., 12/21/16 6                                               2,225,000             2,199,190 
------------------------------------------------------------------------------------------------------------------------
African Development Bank, 9.25% Bonds, 1/18/08                                      1,289,400,000 NGN        11,910,819 
------------------------------------------------------------------------------------------------------------------------
Alrosa Finance SA:                                                                                                      
8.875% Nts., 11/17/14                                                                   7,010,000             7,553,275 
8.875% Nts., 11/17/14 6                                                                10,295,000            11,092,863 
------------------------------------------------------------------------------------------------------------------------
AmBev International Finance Co. Ltd., 9.50% Bonds, 7/24/17 6                           27,130,000 BRR        12,988,172 
------------------------------------------------------------------------------------------------------------------------
America Movil SAB de CV, 8.46% Sr. Unsec. Unsub. Bonds, 12/18/36                      140,800,000 MXN        12,193,934 
------------------------------------------------------------------------------------------------------------------------
Autopistas del Nordeste Cayman Ltd., 9.39% Nts., 1/15/26 6                              9,949,821            10,123,943 
------------------------------------------------------------------------------------------------------------------------
BA Covered Bond Issuer, 4.25% Sec. Nts., 4/5/17                                        34,020,000 EUR        47,488,596 
------------------------------------------------------------------------------------------------------------------------
Banco Bilbao Vizcaya Argentaria SA, 4.25% Sec. Bonds, 7/15/14                          32,820,000 EUR        46,563,879 
------------------------------------------------------------------------------------------------------------------------
Banco BMG SA, 9.15% Nts., 1/15/16 6                                                     9,710,000             9,870,215 
------------------------------------------------------------------------------------------------------------------------
Banco de Credito del Peru, 6.95% Sub. Nts., 11/7/21 2,6                                 2,750,000             2,557,500 
------------------------------------------------------------------------------------------------------------------------
Banco Hipotecario SA, 9.75% Sr. Unsec. Nts., 4/27/16 6                                  4,325,000             4,054,688 
------------------------------------------------------------------------------------------------------------------------
Banco Invex SA, 25.352% Mtg. Backed Certificates, Series 062U, 3/13/34 2,10            29,866,788 MXN        11,297,032 
------------------------------------------------------------------------------------------------------------------------
Bank of Scotland plc:                                                                                                   
4.375% Sr. Sec. Nts., 7/13/16                                                         146,715,000 EUR       206,099,577 
4.50% Sr. Sec. Nts., 7/13/21                                                           75,890,000 EUR       103,805,082 
------------------------------------------------------------------------------------------------------------------------
C10 Capital SPV Ltd., 6.722% Unsec. Perpetual Debs. 6,11                                6,700,000             6,186,653 
------------------------------------------------------------------------------------------------------------------------

 5 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 6th Page of 28 TOC 1st Previous Next ↓Bottom Just 6th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Cloverie plc, 9.176% Sec. Nts., Series 2005-93, 12/20/10 2                       $      3,600,000       $     3,884,040 
------------------------------------------------------------------------------------------------------------------------
Coriolanus Ltd., 10.62% Sec. Nts., 8/10/10 1                                           16,300,000            15,542,050 
------------------------------------------------------------------------------------------------------------------------
Depfa ACS Bank, 3.875% Sec. Nts., 11/14/16                                              8,775,000 EUR        12,073,777 
------------------------------------------------------------------------------------------------------------------------
Eirles Two Ltd., 6.482% Sec. Nts., Series 335, 4/30/12 1,2                             10,800,000             9,612,000 
------------------------------------------------------------------------------------------------------------------------
Eletropaulo Metropolitana SA, 19.125% Nts., 6/28/10 6                                  13,295,000 BRR         8,405,315 
------------------------------------------------------------------------------------------------------------------------
Gaz Capital (Gazprom), 7.288% Sr. Unsec. Bonds, 8/16/37 6                              27,890,000            28,238,625 
------------------------------------------------------------------------------------------------------------------------
HSBC Bank plc:                                                                                                          
9.751% Sr. Unsec. Nts., 7/8/09 5                                                       30,220,000            30,496,211 
11.601% Sr. Unsec. Nts., 1/12/10 5                                                     42,800,000            36,924,416 
12.278% Sr. Unsec. Nts., 3/9/09 5                                                      30,220,000            28,741,638 
------------------------------------------------------------------------------------------------------------------------
ICICI Bank Ltd.:                                                                                                        
6.375% Bonds, 4/30/22 2,6                                                              12,125,000            10,994,368 
6.625% Nts., 10/3/12 6                                                                 11,560,000            11,385,444 
------------------------------------------------------------------------------------------------------------------------
IIRSA Norte Finance Ltd., 8.75% Sr. Nts., 5/30/24 1                                     9,712,227            11,047,658 
------------------------------------------------------------------------------------------------------------------------
Inter-American Development Bank:                                                                                        
6.26% Nts., 12/8/09 2                                                                  11,200,000 BRR         6,276,542 
9.891% Nts., 1/25/12 1,2                                                           10,865,571,549 COP         6,380,756 
------------------------------------------------------------------------------------------------------------------------
International Bank for Reconstruction & Development (The),                                                              
15% Nts., 1/7/10                                                                        3,000,000 TRY         2,556,821 
------------------------------------------------------------------------------------------------------------------------
ISA Capital do Brasil SA:                                                                                               
7.875% Sr. Nts., 1/30/12 6                                                              2,225,000             2,275,063 
8.80% Sr. Nts., 1/30/17 6                                                               2,780,000             2,870,350 
------------------------------------------------------------------------------------------------------------------------
JP Morgan Hipotecaria su Casita, 6.47% Sec. Nts., 8/26/35 1                            41,757,200 MXN         3,765,626 
------------------------------------------------------------------------------------------------------------------------
JPMorgan, Red Square Capital Ltd., 9% CDO Nts., 11/20/08 6                            365,000,000 RUR        14,113,712 
------------------------------------------------------------------------------------------------------------------------
JPMorgan Hipotecaria su Casita, 20.181% Mtg. Backed                                                                     
Certificates, Series 06U, 9/25/35 2                                                    26,330,000 MXN         8,124,762 
------------------------------------------------------------------------------------------------------------------------
JSC Astana Finance, 9.16% Nts., 3/14/12 1                                              14,000,000            13,142,522 
------------------------------------------------------------------------------------------------------------------------
Kuznetski Capital SA/Bank of Moscow, 7.375% Nts., 11/26/10 6                            2,780,000             2,800,850 
------------------------------------------------------------------------------------------------------------------------
Majapahit Holding BV:                                                                                                   
7.25% Nts., 10/17/11 6                                                                  2,860,000             2,874,300 
7.75% Nts., 10/17/16 6                                                                  6,420,000             6,468,150 
------------------------------------------------------------------------------------------------------------------------
MHP SA, 10.25% Sr. Sec. Sub. Bonds, 11/30/11 6                                          2,745,000             2,717,550 
------------------------------------------------------------------------------------------------------------------------
Morgan Stanley:                                                                                                         
6.25% Sr. Nts., 3/23/17 1                                                              26,120,000 PEN         8,146,164 
10.09% Sr. Unsec. Nts., 5/3/17 1                                                       49,950,000 BRR        25,600,957 
------------------------------------------------------------------------------------------------------------------------
National Gas Co., 6.05% Nts., 1/15/36 6                                                 4,945,000             4,725,699 
------------------------------------------------------------------------------------------------------------------------
National Power Corp.:                                                                                                   
5.875% Unsec. Unsub. Bonds, 12/19/16                                                  665,100,000 PHP        15,981,099 
6.875% Nts., 11/2/16 6                                                                  2,739,000             2,790,493 
9.625% Unsec. Bonds, 5/15/28                                                            5,095,000             6,177,688 
------------------------------------------------------------------------------------------------------------------------
Nordic Investment Bank, 12.50% Sr. Unsec. Nts., 2/15/09                                 5,000,000 TRY         4,111,544 
------------------------------------------------------------------------------------------------------------------------
Ongko International Finance Co. BV, 10.50% Sec. Nts., 3/29/10 1,12,13                     550,000                    -- 
------------------------------------------------------------------------------------------------------------------------
Panama Canal Railway Co., 7% Sr. Sec. Nts., 11/1/26 6                                   6,990,000             6,815,250 
------------------------------------------------------------------------------------------------------------------------
Petrobras International Finance Co., 5.785% Sr. Unsec. Nts., 3/1/18                    20,900,000            20,900,000 
------------------------------------------------------------------------------------------------------------------------

 6 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 7th Page of 28 TOC 1st Previous Next ↓Bottom Just 7th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Petroleum Export Ltd. Cayman SPV, 5.265% Sr. Nts., Cl. A3, 6/15/11 6             $     10,099,794       $     9,992,322 
------------------------------------------------------------------------------------------------------------------------
Piazza Vittoria Finance SrL, 6.033% Asset-Backed Nts., 7/20/10 2                       18,069,662 EUR        26,346,299 
------------------------------------------------------------------------------------------------------------------------
RSHB Capital SA/OJSC Russian Agricultural Bank, 7.175% Nts., 5/16/13 6                  3,820,000             3,930,016 
------------------------------------------------------------------------------------------------------------------------
Salisbury International Investments Ltd., 9.33% Sec. Nts., Series                                                       
2006-003, Tranche E, 7/20/11 2                                                          2,400,000             2,434,800 
------------------------------------------------------------------------------------------------------------------------
Telefonica del Peru SA, 8% Sr. Unsec. Bonds, 4/11/16 6                                 26,033,700 PEN         9,356,675 
------------------------------------------------------------------------------------------------------------------------
Tengizchevroil LLP, 6.124% Nts., 11/15/14 6                                             5,840,000             5,533,400 
------------------------------------------------------------------------------------------------------------------------
TGI International Ltd., 9.50% Nts., 10/3/17 6                                          10,640,000            11,172,000 
------------------------------------------------------------------------------------------------------------------------
Tiers-BSP, 0%/8.60% Collateralized Trust, Cl. A, 6/15/97 14                             6,065,000             2,942,320 
------------------------------------------------------------------------------------------------------------------------
Vitro SAB de CV:                                                                                                        
8.625% Sr. Unsec. Unsub. Nts., 2/1/12                                                   2,775,000             2,622,375 
9.125% Sr. Unsec. Unsub. Nts., 2/1/17                                                   4,715,000             4,361,375 
------------------------------------------------------------------------------------------------------------------------
VTB Capital SA, 6.25% Sr. Nts., 6/30/35 6                                               2,950,000             2,854,125 
------------------------------------------------------------------------------------------------------------------------
WM Covered Bond Program:                                                                                                
3.875% Sec. Nts., Series1, 9/27/11                                                     92,440,000 EUR       128,547,462 
4 % Sec. Mtg. Nts., Series 2, 9/27/16                                                  90,370,000 EUR       119,720,446 
                                                                                                        ----------------
Total Corporate Bonds and Notes (Cost $1,172,191,853)                                                     1,220,683,473 
------------------------------------------------------------------------------------------------------------------------
STRUCTURED SECURITIES--15.5%                                                                                            
------------------------------------------------------------------------------------------------------------------------
Citigroup Global Markets Holdings, Inc.:                                                                                
Argentina (Republic of) Credit Linked Nts., 11.673%, 5/22/08 2,4                        9,175,000 ARP         8,342,701 
Argentina (Republic of) Credit Linked Nts., 11.265%, 5/18/09 1,2                        7,884,000 ARP         6,765,747 
Argentina (Republic of) Unsec. Credit Linked Nts., 9.423%, 4/16/10 1,2,4                9,189,787 ARP         7,760,157 
Brazil (Federal Republic of) Unsec. Credit Linked Nts., 10%, 1/5/10                    38,356,000 BRR        21,471,205 
Brazil (Federal Republic of) Unsec. Credit Linked Nts., 10%, 1/5/10                    59,878,000 BRR        33,518,949 
Brazil (Federal Republic of) Unsec. Credit Linked Nts., 10%, 1/5/10                   100,000,000 BRR        55,978,738 
Brazil (Federal Republic of) Unsec. Credit Linked Nts., 14.809%, 1/5/10 5              32,035,902 BRR        14,127,752 
Brazil (Federal Republic of) Unsec. Credit Linked Nts., 15.427%, 1/2/09 5              28,074,132 BRR        14,094,479 
Colombia (Republic of) Credit Linked Bonds, 11%, 7/27/20                           12,570,000,000 COP         6,516,000 
Colombia (Republic of) Credit Linked Nts., Series II, 15%, 4/27/12                  6,942,469,928 COP         3,978,882 
Colombia (Republic of) Unsec. Credit Linked Nts., 15%, 4/27/12                     31,110,000,000 COP        17,829,822 
Colombia (Republic of) Unsec. Credit Linked Nts., 15%, 4/27/12                     12,430,000,000 COP         7,123,905 
Colombia (Republic of) Unsec. Credit Linked Nts., 15%, 4/27/12                     11,705,100,000 COP         6,708,449 
Dominican Republic Credit Linked Bonds, 9.85%, 11/10/08 5,15                          116,770,000 DOP         3,211,766 
Dominican Republic Credit Linked Nts., 10.086%, 3/20/08 1,5                           118,000,000 DOP         3,243,994 
Dominican Republic Credit Linked Nts., 22%, 10/3/11                                   158,100,000 DOP         5,990,057 
Dominican Republic Credit Linked Nts., 8.452%, 3/24/08 5                              177,660,000 DOP         5,243,694 
Dominican Republic Credit Linked Nts., 9.522%, 5/12/08 5                              106,540,000 DOP         3,096,050 

 7 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 8th Page of 28 TOC 1st Previous Next ↓Bottom Just 8th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Dominican Republic Credit Linked Nts., 9.826%, 3/20/08 5                              109,540,000 DOP   $     3,232,288 
Dominican Republic Unsec. Credit Linked Nts., 15%, 3/12/12                            289,700,000 DOP         9,417,231 
Dominican Republic Unsec. Credit Linked Nts., 9.342%, 8/11/08 5                       244,600,000 DOP         6,922,674 
Dominican Republic Unsec. Credit Linked Nts., 9.696%, 3/10/08 5                       196,300,000 DOP         5,813,223 
Dominican Republic Unsec. Credit Linked Nts., Series 007, 9.302%, 5/12/08 5           211,900,000 DOP         6,152,925 
Egypt (The Arab Republic of) Credit Linked Nts., 7.364%, 1/10/08 1,5                   54,440,000 EGP         9,827,645 
Egypt (The Arab Republic of) Unsec. Credit Linked Nts., 8.376%, 2/28/08 1,5            54,300,000 EGP         9,711,267 
Egypt (The Arab Republic of) Unsec. Credit Linked Nts., 8.50%, 2/16/08                 34,150,000 EGP         6,685,522 
Ghana (Republic of) Credit Linked Nts., 13.50%, 4/2/10                                 15,350,000 GHS        15,927,330 
Nigeria (Federal Republic of) Credit Linked Nts., 14.50%, 3/1/11 6                  2,672,000,000 NGN        25,840,892 
Nigeria (Federal Republic of) Credit Linked Nts., Series II, 14.50%, 4/4/11 6       2,032,000,000 NGN        19,717,294 
Renins Nonlife Ltd. Credit Linked Nts., 12.50%, 5/30/12 1                               5,241,363             5,241,363 
Russian Federation Credit Linked Nts., 7.65%, 12/4/08 1,2                              41,690,000 RUR         1,671,762 
Ukraine Hryvnia Unsec. Credit Linked Nts., 11.94%, 1/4/10                              13,799,000 UAH         2,927,519 
Zambia (Republic of) Credit Linked Nts., 8.833%, 2/21/08 5                         38,315,000,000 ZMK         9,779,972 
------------------------------------------------------------------------------------------------------------------------
Credit Suisse First Boston International:                                                                               
Boryspil Airport Total Return Linked Nts., 10%, 4/19/10 2                              49,215,000 UAH         9,994,543 
EES Total Return Linked Nts., 7.10%, 12/12/08 2                                        72,800,000 RUR         3,008,634 
Gazprom Total Return Linked Nts., 6.79%, 10/29/09                                     144,790,000 RUR         5,991,494 
Gazprom Total Return Linked Nts., Series 002, 6.95%, 8/6/09                           141,750,000 RUR         5,970,332 
Indonesia (Republic of) Total Return Linked Nts., 12%, 9/16/11 1                  116,800,000,000 IDR        13,783,518 
Lukoil Credit Linked Nts., Series Fbi 105, 7.25%, 11/19/09 1,2                        321,528,000 RUR        13,235,287 
Moitk Total Return Linked Nts., 8.966%, 3/26/11 1,2                                   244,714,000 RUR         9,612,727 
Moscow (City of) Credit Linked Nts., Series Fbi 101, 10%, 12/31/10 1                  277,800,000 RUR        12,486,734 
Moscow (City of) Credit Linked Nts., Series Fbi 98, 11%, 4/23/09 6                    280,840,000 RUR        12,329,082 
Orenburgskaya IZHK Total Return Linked Nts., 9.24%, 2/21/12 1,2                        64,940,000 RUR         2,524,367 
Ukraine (Republic of) Credit Linked Nts., Series EMG 13, 11.94%, 12/30/09              30,400,000 UAH         6,766,739 
Vietnam Shipping Industry Group Total Return Linked Nts., 10.50%, 1/19/17 1        85,958,000,000 VND         5,313,172 
------------------------------------------------------------------------------------------------------------------------
Credit Suisse First Boston, Inc., (Nassau Branch), Russian Oreniz                                                       
Credit Linked Nts., Series 009, 9.24%, 2/21/12 1,2                                     75,000,000 RUR         2,915,422 
------------------------------------------------------------------------------------------------------------------------
Credit Suisse First Boston, Inc. (Nassau Branch):                                                                       
Russian Specialized Construction and Installation                                                                       
Administration Credit Linked Nts., 8.59%, 5/20/10 1,2                                  64,600,000 RUR         2,524,367 
Ukraine (Republic of) Credit Linked Nts., Series EMG 11, 11.94%, 12/30/09               9,163,000 UAH         2,039,593 

 8 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 9th Page of 28 TOC 1st Previous Next ↓Bottom Just 9th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Ukraine (Republic of) Credit Linked Nts., Series NPC 12, 11.94%, 12/30/09 6            65,490,000 UAH   $    14,577,426 
------------------------------------------------------------------------------------------------------------------------
Credit Suisse Group, Russian Moscoblgaz Finance Total Return                                                            
Linked Nts., 9.25%, 6/24/12 1                                                          64,500,000 RUR         2,520,459 
------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG:                                                                                                       
Argentina (Republic of) Credit Linked Nts., 11.673%, 12/21/11 1,4                      35,580,000 ARP        28,915,810 
Arrendadora Capita Corp. SA de CV/Capita Corp. (The) de                                                                 
Mexico SA de CV Credit Linked Nts., 9.09%, 1/5/11 1                                    98,803,218 MXN         9,101,071 
Arrendadora Capita Corp. SA de CV/Capita Corp. (The) de                                                                 
Mexico SA de CV Credit Linked Nts., 9.65%, 1/5/11 1                                    65,227,872 MXN         6,008,342 
Brazil Real Credit Linked Nts., 13.882%, 3/3/10 5                                      61,128,560 BRR        26,584,310 
Brazil Real Credit Linked Nts., 6%, 8/18/10                                            15,895,000 BRR        14,521,074 
Colombia (Republic of) Credit Linked Nts., 13.50%, 9/15/14                         13,259,000,000 COP         7,548,366 
Colombia (Republic of) Total Return Linked Bonds, Series 002, 11%, 7/28/20         24,620,000,000 COP        12,784,466 
Compania Total Return Linked Nts., 4.454%, 7/22/10                                      7,519,235 EUR        11,081,872 
Egypt (The Arab Republic of) Credit Linked Nts., 9.381%, 2/5/08 1,5                    36,510,000 EGP         6,545,528 
Egypt (The Arab Republic of) Total Return Linked Nts., 7.725%, 9/16/08 5               74,375,000 EGP        12,723,490 
European Investment Bank, Russian Federation Credit Linked                                                              
Nts., 5.502%, 1/19/10 1,5                                                               8,475,000             7,362,233 
Grupo TMM SA Credit Linked Nts., 6%, 9/7/12 1                                           4,860,463             4,884,765 
Halyk Bank of Kazakhstan Total Return Linked Nts., Series I, 7.25%, 3/20/09         2,003,690,000 KZT        15,630,376 
Indonesia (Republic of) Credit Linked Nts., 9.50%, 6/22/15                             10,300,162            10,174,706 
Indonesia (Republic of) Credit Linked Nts., Series III, 14.25%, 6/22/13                12,412,800            15,038,480 
Nigeria (Federal Republic of) Credit Linked Nts., 12.50%, 2/24/09 1                   525,300,000 NGN         4,762,898 
Nigeria (Federal Republic of) Credit Linked Nts., 15%, 1/27/09 1                      704,900,000 NGN         6,652,008 
Opic Reforma Credit Linked Nts., 9.205%, 10/3/15 1,4                                   27,100,000 MXN         2,483,846 
Peru (Republic of) Credit Linked Nts., 6.659%, 2/20/11 2                                3,255,000             3,300,786 
Russian Federation Credit Linked Nts., 0%, 12/2/09 5                                  233,573,000 RUR         9,890,941 
Russian Federation Credit Linked Nts., 6.942%, 2/22/08 5                              161,200,000 RUR         6,506,902 
Russian Federation Credit Linked Nts., 7.176%, 2/21/08 5                               78,000,000 RUR         3,147,639 
Russian Federation Total Return Linked Nts., Series II, 9%, 4/22/11                   288,935,000 RUR        12,762,606 
Russian Railways Total Return Linked Bonds, 6.67%, 1/26/09 2                          146,720,000 RUR         6,003,519 
Ukraine (Republic of) 5 yr. Credit Linked Nts., 4.05%, 8/25/10                          2,505,000             2,541,022 
Ukraine (Republic of) 5.5 yr. Credit Linked Nts., 4.05%, 2/25/11                        2,505,000             2,530,301 
Ukraine (Republic of) 6 yr. Credit Linked Nts., 4.05%, 8/25/11                          2,505,000             2,517,500 
Ukraine (Republic of) 6.5 yr. Credit Linked Nts., 4.05%, 2/27/12                        2,505,000             2,505,726 
Ukraine (Republic of) 7 yr. Credit Linked Nts., 4.05%, 8/28/12                          2,505,000             2,496,283 
Ukraine (Republic of) Credit Linked Nts., 10.208%, 7/1/09                              18,508,800 UAH         3,923,866 
Ukraine (Republic of) Credit Linked Nts., 11.94%, 12/30/09                              3,228,000 UAH           722,561 
Ukraine (Republic of) Credit Linked Nts., 11.94%, 12/30/09                             11,438,000 UAH         2,560,300 
Ukraine (Republic of) Credit Linked Nts., 9.60%, 7/1/09                                 5,302,400 UAH         1,124,109 
United Mexican States Credit Linked Nts., 9.52%, 1/5/11 1                              65,202,499 MXN         6,006,004 

 9 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 10th Page of 28 TOC 1st Previous Next ↓Bottom Just 10th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Videocon International Ltd. Credit Linked Nts., 6.26%, 12/29/09                  $      7,300,000       $     7,314,746 
------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG Singapore, Vietnam Shipping Industry Group Total                                                       
Return Linked Nts., 9%, 4/20/17 1                                                 216,800,000,000 VND        12,454,511 
------------------------------------------------------------------------------------------------------------------------
Dresdner Bank AG, Lukoil Credit Linked Nts., Series 3, 7.04%,                                                           
12/8/11 2,6                                                                           213,030,000 RUR         9,355,747 
------------------------------------------------------------------------------------------------------------------------
Goldman Sachs & Co., Turkey (Republic of) Credit Linked Nts.,                                                           
14.802%, 3/29/17 5,6                                                                  129,050,000 TRY        26,833,382 
------------------------------------------------------------------------------------------------------------------------
Goldman Sachs Capital Markets LP, Colombia (Republic of) Credit                                                         
Linked Nts., 10.476%, 2/8/37 5,6                                                  376,977,600,000 COP         7,154,728 
------------------------------------------------------------------------------------------------------------------------
Goldman Sachs International, Russian Federation Total Return                                                            
Linked Nts., 8%, 5/13/09 2                                                            573,900,000 RUR        23,487,099 
------------------------------------------------------------------------------------------------------------------------
Hallertau SPC 2007-01, Philippines (Republic of) Credit Linked Nts.,                                                    
12/20/17 1,2,15                                                                        45,030,000            44,665,257 
------------------------------------------------------------------------------------------------------------------------
ING Bank NV, Ukraine (Republic of) Credit Linked Nts., Series                                                           
725, 11.89%, 12/30/09 1                                                                64,285,000 UAH        14,213,859 
------------------------------------------------------------------------------------------------------------------------
JPMorgan Chase Bank:                                                                                                    
Argentina (Republic of) Credit Linked Nts., 11.625%,                                                                    
12/19/11 1,2,4                                                                         36,445,000 ARP        28,406,274 
Brazil (Federal Republic of) Credit Linked Nts., 13.847%, 4/1/10 5,6                  129,150,391 BRR        55,893,641 
Brazil (Federal Republic of) Credit Linked Nts., 14.35%, 2/20/12 1                     34,060,000 BRR        18,343,099 
Brazil (Federal Republic of) Credit Linked Nts., 15.326%, 1/2/15 5                    115,066,796 BRR        27,104,501 
Brazil (Federal Republic of) Credit Linked Nts., 2.731%, 11/30/12 5,6                  35,605,000 ARP        10,114,081 
Brazil (Federal Republic of) Credit Linked Nts., 6%, 5/16/45 1                         11,130,000 BRR         9,836,776 
Colombia (Republic of) Credit Linked Bonds, 10.19%, 1/5/16 5,6                    153,800,000,000 COP        31,712,676 
Colombia (Republic of) Credit Linked Bonds, 10.218%, 10/31/16 1,5                  90,697,000,000 COP        17,033,778 
Colombia (Republic of) Credit Linked Bonds, Series A, 10.218%,                                                          
10/31/16 1,5                                                                       90,312,000,000 COP        16,961,471 
Peru (Republic of) Credit Linked Nts., 8.115%, 9/2/15 5,6                              40,860,000 PEN         7,615,933 
Swaziland (Kingdom of) Credit Linked Nts., 7.25%, 6/20/10 6                             3,850,000             3,804,570 
------------------------------------------------------------------------------------------------------------------------
Lehman Brothers International, Romania (Republic of) Total Return                                                       
Linked Nts., 7.90%, 2/9/10                                                             10,726,400 RON         4,589,117 
------------------------------------------------------------------------------------------------------------------------
Lehman Brothers Special Financing, Inc.:                                                                                
Argentina (Republic of) Credit Linked Nts., 9.655%, 12/20/15 6                         20,000,000            19,696,000 
CMS 10 yr. Curve Credit Linked Nts., 6%, 2/5/17                                       130,660,000           141,387,186 
Romania (Republic of) Total Return Linked Nts., 6.50%, 3/9/10                          30,904,100 RON        12,659,699 
Romania (Republic of) Total Return Linked Nts., 6.75%, 3/11/08                         36,650,000 RON        15,566,365 
Romania (Republic of) Total Return Linked Nts., 7.25%, 4/19/10                          3,105,000 RON         1,285,244 
Romania (Republic of) Total Return Linked Nts., 7.75%, 4/21/08                          3,101,000 RON         1,318,362 
Romania (Republic of) Total Return Linked Nts., 7.75%, 4/21/08                          7,453,000 RON         3,168,615 

10 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 11th Page of 28 TOC 1st Previous Next ↓Bottom Just 11th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                        PRINCIPAL                       
                                                                                           AMOUNT                 VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
Romania (Republic of) Total Return Linked Nts., 7.90%, 2/12/08                         24,895,500 RON   $    10,758,299 
------------------------------------------------------------------------------------------------------------------------
Merrill Lynch:                                                                                                          
Colombia (Republic of) Credit Linked Nts., 10%, 11/17/16 1                         13,289,000,000 COP         6,032,732 
Renaissance Capital International Services Ltd. Total Return                                                            
Linked Nts., 10.50%, 10/7/08 1                                                        414,000,000 RUR        16,347,232 
------------------------------------------------------------------------------------------------------------------------
Morgan Stanley, Russian Federation Total Return Linked Securities,                                                      
Series 007, Cl. VR, 5%, 8/22/34                                                       504,577,353 RUR        17,058,674 
------------------------------------------------------------------------------------------------------------------------
Morgan Stanley & Co. International Ltd./Red Arrow                                                                       
International Leasing plc:                                                                                              
Total Return Linked Nts., Series A, 8.375%, 6/30/12 1                                 208,171,301 RUR         8,475,406 
Total Return Linked Nts., Series B, 11%, 6/30/12 1                                    152,616,630 RUR         6,447,754 
------------------------------------------------------------------------------------------------------------------------
Morgan Stanley Capital Services, Inc.:                                                                                  
Bank Center Credit Total Return Linked Nts., 7.52%, 6/6/08                          3,273,000,000 KZT        26,143,454 
Brazil (Federal Republic of) Linked Nts., 12.551%, 1/5/22 5,6                         173,500,000 BRR        16,514,503 
Brazil (Federal Republic of) Sr. Linked Nts., 14.40%, 8/4/16 1                         56,967,568 BRR        42,128,086 
Brazil (Federal Republic of) Total Return Nts., 8/2/10                                 28,719,441 BRR        12,500,350 
Ukraine (Republic of) Credit Linked Nts., 6.653%, 10/15/17 2,6                         17,600,000            17,362,400 
United Mexican States Credit Linked Nts., 5.64%, 11/20/15 6                            11,760,000            12,069,876 
WTI Trading Ltd. Total Return Linked Nts., Series A, 13.50%, 2/9/09 1                  10,900,000            10,464,000 
WTI Trading Ltd. Total Return Linked Nts., Series B, 13.50%, 2/9/09 1                  14,550,000            13,968,000 
------------------------------------------------------------------------------------------------------------------------
UBS AG, Ghana (Republic of) Credit Linked Nts., 14.47%, 12/28/11 1                      7,369,232 GHS         8,153,593 
                                                                                                        ----------------
Total Structured Securities (Cost $1,358,664,870)                                                         1,557,209,932 

                                                        [Enlarge/Download Table]

                                               EXPIRATION      STRIKE                               
                                                     DATE       PRICE        CONTRACTS              
----------------------------------------------------------------------------------------------------
                                                                                                    
OPTIONS PURCHASED--0.2%                                                                             
----------------------------------------------------------------------------------------------------
Euro (EUR) Call 12                                1/15/08   $    1.46      333,400,000    3,507,601 
----------------------------------------------------------------------------------------------------
Gold Precious Metal Call 1,12                      1/3/08         796           98,080    3,790,792 
----------------------------------------------------------------------------------------------------
Gold Precious Metal Call 1,12                      1/4/08         796           98,080    3,810,330 
----------------------------------------------------------------------------------------------------
Gold Precious Metal Call 1,12                      1/7/08         796           98,080    3,873,258 
----------------------------------------------------------------------------------------------------
Japanese Yen (JPY) Put 12                         2/12/08      112.35   30,701,000,000    3,702,234 
----------------------------------------------------------------------------------------------------
U.S. Treasury Nts. 4.25%,                                                                           
11/15/17 Put 12                                   1/14/08     100.563      490,400,000    1,781,525 
                                                                                         -----------
Total Options Purchased (Cost $20,100,146)                                               20,465,740 

                                                        [Enlarge/Download Table]

                                                                                           SHARES                       
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
INVESTMENT COMPANIES--8.8%                                                                                              
------------------------------------------------------------------------------------------------------------------------
Oppenheimer Institutional Money Market Fund, Cl. E, 5.03% 16,17                                                         
(Cost $888,759,890)                                                                   888,759,890           888,759,890 

11 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 12th Page of 28 TOC 1st Previous Next ↓Bottom Just 12th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                                                  VALUE 
------------------------------------------------------------------------------------------------------------------------
                                                                                                                        
TOTAL INVESTMENTS, AT VALUE (COST $9,193,477,361)                                            96.7%        9,706,541,776 
------------------------------------------------------------------------------------------------------------------------
OTHER ASSETS NET OF LIABILITIES                                                               3.3           330,467,306 

                                                                                            ----------------------------
NET ASSETS                                                                                  100.0%      $10,037,009,082 
                                                                                            ============================

FOOTNOTES TO STATEMENT OF INVESTMENTS                                           

Principal amount is reported in U.S. Dollars, except for those denoted in the   
following currencies:                                                           

ARP   Argentine Peso                                                            
AUD   Australian Dollar                                                         
BRR   Brazilian Real                                                            
CAD   Canadian Dollar                                                           
COP   Colombian Peso                                                            
DKK   Danish Krone                                                              
DOP   Dominican Republic Peso                                                   
EGP   Egyptian Pounds                                                           
EUR   Euro                                                                      
GBP   British Pound Sterling                                                    
GHS   Ghana Cedi                                                                
IDR   Indonesia Rupiah                                                          
ILS   Israeli Shekel                                                            
JPY   Japanese Yen                                                              
KZT   Kazakhstan Tenge                                                          
MXN   Mexican Nuevo Peso                                                        
MYR   Malaysian Ringgit                                                         
NGN   Nigeria Naira                                                             
PEN   Peruvian New Sol                                                          
PHP   Philippines Peso                                                          
PLZ   Polish Zloty                                                              
RON   New Romanian Leu                                                          
RUR   Russian Ruble                                                             
TRY   New Turkish Lira                                                          
UAH   Ukraine Hryvnia                                                           
UYU   Uruguay Peso                                                              
VND   Vietnam Dong                                                              
ZMK   Zambian Kwacha                                                            

1. Illiquid or restricted security. The aggregate value of illiquid or          
restricted securities as of December 31, 2007 was $629,455,844, which represents
6.27% of the Fund's net assets, of which $2,483,846 is considered restricted.   
See accompanying Notes. Information concerning restricted securities is as      
follows:                                                                        

                                                        [Enlarge/Download Table]

                                                ACQUISITION                                   UNREALIZED 
SECURITY                                               DATE           COST          VALUE   DEPRECIATION 
---------------------------------------------------------------------------------------------------------
                                                                                                         
Deutsche Bank AG, Opic Reforma Credit Linked                                                             
Nts., 9.205%, 10/3/15                              12/28/07   $  2,490,580   $  2,483,846   $      6,734 

2. Represents the current interest rate for a variable or increasing rate       
security.                                                                       

3. All or a portion of the security is held in collateralized accounts to cover 
initial margin requirements on open futures contracts. The aggregate market     
value of such securities is $58,254,949. See accompanying Notes.                

4. Represents the current interest rate on a security whose interest rate is    
linked to the performance of underlying foreign currencies, interest rate       
spreads, stock market indices, prices of individual securities, commodities or  
other financial instruments or the occurrence of other specific events. See     
accompanying Notes.                                                             

5. Zero coupon bond reflects effective yield on the date of purchase.           

6. Represents securities sold under Rule 144A, which are exempt from            
registration under the Securities Act of 1933, as amended. These securities have
been determined to be liquid under guidelines established by the Board of       
Trustees. These securities amount to $568,559,868 or 5.66% of the Fund's net    
assets as of December 31, 2007.                                                 

7. A sufficient amount of securities has been designated to cover outstanding   
foreign currency contracts. See accompanying Notes.                             

8. A sufficient amount of liquid assets has been designated to cover outstanding
written put options.                                                            

9. A sufficient amount of liquid assets has been designated to cover outstanding
written call options.                                                           

10. Denotes an inflation-indexed security: coupon and principal are indexed to  
the consumer price index.                                                       

12 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 13th Page of 28 TOC 1st Previous Next ↓Bottom Just 13th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

11. This bond has no contractual maturity date, is not redeemable and           
contractually pays an indefinite stream of interest. Rate reported represents   
the current interest rate for this variable rate security.                      

12. Non-income producing security.                                              

13. Issue is in default. See accompanying Notes.                                

14. Denotes a step bond: a zero coupon bond that converts to a fixed or variable
interest rate at a designated future date.                                      

15. When-issued security or delayed delivery to be delivered and settled after  
December 31, 2007. See accompanying Notes.                                      

16. Rate shown is the 7-day yield as of December 31, 2007.                      

17. Is or was an affiliate, as defined in the Investment Company Act of 1940, at
or during the period ended December 31, 2007, by virtue of the Fund owning at   
least 5% of the voting securities of the issuer or as a result of the Fund and  
the issuer having the same investment adviser. Transactions during the period in
which the issuer was an affiliate are as follows:                               

                                                        [Enlarge/Download Table]

                                              SHARES           GROSS            GROSS              SHARES 
                                  SEPTEMBER 30, 2007       ADDITIONS       REDUCTIONS   DECEMBER 31, 2007 
----------------------------------------------------------------------------------------------------------
                                                                                                          
Oppenheimer Institutional Money                                                                           
   Market Fund, Cl. E                  1,166,273,150   2,580,964,729    2,858,477,989         888,759,890 

                                                        [Enlarge/Download Table]

                                                                                                 DIVIDEND 
                                                                                VALUE              INCOME 
----------------------------------------------------------------------------------------------------------
                                                                                                          
Oppenheimer Institutional Money                                                                           
   Market Fund, Cl. E                                                  $  888,759,890   $       6,650,989 

DISTRIBUTION OF INVESTMENTS REPRESENTING GEOGRAPHIC HOLDINGS, AS A PERCENTAGE OF
TOTAL INVESTMENTS AT VALUE, IS AS FOLLOWS:                                      

GEOGRAPHIC HOLDINGS                                             VALUE   PERCENT 
--------------------------------------------------------------------------------
United States                                         $ 1,430,225,226      14.7%
Germany                                                   951,320,602       9.8 
United Kingdom                                            802,356,447       8.3 
Japan                                                     794,314,924       8.2 
Italy                                                     537,632,187       5.5 
France                                                    534,406,479       5.5 
Brazil                                                    527,281,802       5.4 
Turkey                                                    346,939,791       3.6 
Canada                                                    339,692,714       3.5 
Australia                                                 311,663,572       3.2 
Russia                                                    300,179,928       3.1 
Mexico                                                    282,438,151       2.9 
Spain                                                     274,753,805       2.8 
Belgium                                                   243,135,410       2.5 
Peru                                                      218,583,598       2.3 
Colombia                                                  208,297,130       2.1 
Greece                                                    160,710,222       1.7 
Nigeria                                                   146,548,472       1.5 
Argentina                                                 137,661,181       1.4 
Ukraine                                                   121,681,322       1.3 
The Netherlands                                           102,144,710       1.1 
Philippines                                                96,404,949       1.0 
Indonesia                                                  75,610,935       0.8 
Dominican Republic                                         73,447,916       0.8 
Austria                                                    71,570,099       0.7 
Egypt                                                      65,526,474       0.7 
Kazakhstan                                                 60,449,752       0.6 
Uruguay                                                    57,295,071       0.6 
Denmark                                                    56,968,829       0.6 
Malaysia                                                   50,873,949       0.5 
Romania                                                    49,345,701       0.5 
Panama                                                     46,780,991       0.5 
Supranational                                              35,256,503       0.4 
Poland                                                     34,783,062       0.4 
Ghana                                                      30,531,673       0.3 
Israel                                                     30,069,446       0.3 
India                                                      29,694,558       0.3 

13 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 14th Page of 28 TOC 1st Previous Next ↓Bottom Just 14th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

Vietnam                                                    17,767,683       0.2 
Ireland                                                    12,073,777       0.1 
El Salvador                                                10,339,575       0.1 
Zambia                                                      9,779,972       0.1 
Trinidad & Tobago                                           4,725,699       0.1 
Guatemala                                                   4,479,525       0.0 
Swaziland                                                   3,804,570       0.0 
Costa Rica                                                  3,560,944       0.0 
Bulgaria                                                    3,432,450       0.0 
                                                      --------------------------
Total                                                 $ 9,706,541,776     100.0%
                                                      ==========================

--------------------------------------------------------------------------------
FOREIGN CURRENCY EXCHANGE CONTRACTS ARE AS FOLLOWS:                             
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                      CONTRACT                                                                      
                                                        AMOUNT            EXPIRATION                      UNREALIZED     UNREALIZED 
CONTRACT DESCRIPTION                    BUY/SELL        (000s)                 DATES            VALUE   APPRECIATION   DEPRECIATION 
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                    
Argentine Peso (ARP)                         Buy       296,200 ARP   1/22/08-1/24/08   $   93,790,781   $         --   $    437,504 
Australian Dollar (AUD)                     Sell       199,012 AUD    1/8/08-4/10/08      173,539,079      3,167,660        704,603 
Brazilian Real (BRR)                         Buy       330,736 BRR     2/6/08-1/5/10      180,822,879     17,786,033             -- 
British Pound Sterling (GBP)                 Buy         1,495 GBP            1/2/08        2,969,519             --          9,119 
British Pound Sterling (GBP)                Sell       162,645 GBP    1/2/08-5/14/08      322,324,302      9,703,977             -- 
Canadian Dollar (CAD)                       Sell       332,925 CAD    1/8/08-4/10/08      335,228,150      6,677,035      1,346,614 
Chilean Peso (CLP)                           Buy    16,861,000 CLP           1/16/08       33,842,708             --        303,724 
Chinese Renminbi (Yuan) (CNY)               Sell       632,000 CNY           1/11/08       86,649,901             --        622,541 
Colombian Peso (COP)                        Sell   195,451,000 COP     2/6/08-3/4/08       96,086,740             --        960,284 
Czech Koruna (CZK)                           Buy     1,673,400 CZK           1/30/08       92,127,285      2,357,983             -- 
Dominican Republic Peso (DOP)                Buy       107,721 DOP            1/8/08        3,244,614         48,140             -- 
Euro (EUR)                                   Buy       924,590 EUR    1/2/08-5/14/08    1,350,371,052     28,229,991        131,717 
Euro (EUR)                                  Sell       728,090 EUR    1/2/08-4/29/08    1,063,341,051      4,300,922     18,915,772 
Hungarian Forint (HUF)                       Buy    21,761,000 HUF   1/30/08-1/31/08      125,239,089      1,086,517             -- 
Indian Rupee (INR)                           Buy        15,126 INR            1/2/08          383,631            583             -- 
Indonesia Rupiah (IDR)                       Buy   659,110,000 IDR   1/31/08-2/29/08       70,118,089        179,422        704,726 
Israeli Shekel (ILS)                         Buy       311,610 ILS    1/30/08-5/2/08       80,722,936      2,029,367             -- 
Japanese Yen (JPY)                           Buy   156,176,000 JPY           4/10/08    1,415,382,951     43,971,774      1,178,004 
Japanese Yen (JPY)                          Sell    35,397,000 JPY    1/8/08-5/14/08      318,815,659      1,398,564      5,749,935 
Malaysian Ringgit (MYR)                      Buy       541,505 MYR   1/30/08-4/10/08      164,855,297      1,149,927             -- 
Mexican Nuevo Peso (MXN)                     Buy       957,380 MXN    2/25/08-3/7/08       87,390,070        583,283         57,131 
New Taiwan Dollar (TWD)                     Sell     3,054,000 TWD           1/17/08       94,170,557        497,763             -- 
New Turkish Lira (TRY)                       Buy       113,075 TRY   1/17/08-1/28/08       95,927,377      2,061,791             -- 
New Zealand Dollar (NZD)                     Buy       231,260 NZD   1/17/08-5/14/08      175,719,617      2,007,824      1,691,173 
New Zealand Dollar (NZD)                    Sell       135,960 NZD    1/8/08-4/10/08      103,403,846        147,248        587,011 
Norwegian Krone (NOK)                        Buy       305,380 NOK           5/14/08       55,956,701             --         45,089 
Norwegian Krone (NOK)                       Sell       305,380 NOK           4/10/08       56,029,134             --        716,992 
Peruvian New Sol (PEN)                       Buy       241,610 PEN           1/22/08       80,827,900             --        718,128 
Philippines Peso (PHP)                       Buy     5,373,000 PHP   1/30/08-2/29/08      130,287,773      6,425,050             -- 
Polish Zloty (PLZ)                           Buy       307,200 PLZ   1/30/08-4/10/08      124,249,133      1,250,415      1,030,301 
Singapore Dollar (SGD)                       Buy        34,150 SGD            2/5/08       23,756,036         86,387             -- 
Singapore Dollar (SGD)                      Sell       142,350 SGD           2/11/08       99,056,470             --        305,170 
Slovak Koruna (SKK)                          Buy     1,619,150 SKK           1/30/08       70,383,443         89,383             -- 

14 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 15th Page of 28 TOC 1st Previous Next ↓Bottom Just 15th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]
                                                                                                                             
South African Rand (ZAR)                     Buy    1,140,720 ZAR  1/18/08-2/29/08  165,717,699     3,510,556             -- 
South Korean Won (KRW)                       Buy  157,316,000 KRW  1/30/08-4/30/08  169,375,341            --      3,669,570 
South Korean Won (KRW)                      Sell   91,320,000 KRW          2/11/08   98,260,229            --        544,751 
Swedish Krona (SEK)                          Buy      769,590 SEK          4/10/08  119,096,901       514,784        499,727 
Swedish Krona (SEK)                         Sell      294,070 SEK          5/14/08   45,502,303       501,483             -- 
Swiss Franc (CHF)                            Buy      103,975 CHF   4/7/08-4/10/08   92,255,694     1,513,527        232,117 
Swiss Franc (CHF)                           Sell       51,149 CHF   1/8/08-2/29/08   45,168,177        67,109        634,812 
                                                                                                 ----------------------------
Total unrealized appreciation and depreciation                                                   $141,344,498   $ 41,796,515 
                                                                                                 ============================

--------------------------------------------------------------------------------
FUTURES CONTRACTS ARE AS FOLLOWS:                                               
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                                                                          UNREALIZED 
                                                             NUMBER OF  EXPIRATION                     APPRECIATION/ 
CONTRACT DESCRIPTION                               BUY/SELL  CONTRACTS        DATE          VALUE     (DEPRECIATION) 
---------------------------------------------------------------------------------------------------------------------
                                                                                                                     
Amsterdam Exchange Index                                Buy         66     1/18/08  $   9,959,249  $         232,846 
Australia (Commonwealth of) Bonds, 10 yr.              Sell        686     3/17/08     58,739,282            175,505 
CAC 40 10 Index                                        Sell        469     1/18/08     38,472,632           (513,818)
Canada (Government of) Bonds, 10 yr.                    Buy        742     3/19/08     85,802,616           (158,884)
DAX Index                                               Buy         34     3/20/08     10,103,863            268,704 
DAX Index                                              Sell        231     3/20/08     68,646,835         (1,825,883)
Euro-Bundesobligation, 5 yr.                            Buy      4,195      3/6/08    660,873,717         (9,839,605)
Euro-Bundesobligation, 10 yr.                           Buy      2,943      3/6/08    485,842,346        (11,185,882)
Euro-Bundesobligation, 10 yr.                          Sell      3,093      3/6/08    510,604,953           (244,737)
Euro-Schatz                                             Buy     12,288      3/6/08  1,853,603,305        (12,254,149)
FTSE 100 Index                                         Sell        474     3/20/08     60,774,226         (1,071,429)
Japan (Government of) Bonds, 10 yr.                     Buy        729     3/11/08    894,158,956          3,644,630 
Mexican Bolsa Index                                    Sell        380     3/19/08     10,393,621             77,021 
Nikkei 225 Index                                       Sell        528     3/13/08     72,189,349          2,266,219 
OMXS30 Index                                           Sell      1,925     1/25/08     32,269,931           (526,829)
Standard & Poor's 500 E-Mini                            Buy        467     3/20/08     34,492,620            (25,138)
Standard & Poor's 500 E-Mini                           Sell        124     3/20/08      9,158,640              6,510 
Standard & Poor's/MIB Index, 10 yr.                     Buy         33     3/20/08      9,373,099             48,433 
Standard & Poor's/Toronto Stock Exchange 60 Index       Buy        200     3/19/08     32,743,007            469,745 
U.S. Long Bonds                                         Buy      1,894     3/19/08    220,414,250         (2,232,189)
U.S. Treasury Nts., 5 yr.                               Buy      2,931     3/31/08    323,234,344            525,957 
U.S. Treasury Nts., 5 yr.                              Sell      1,552     3/31/08    171,156,500            516,728 
U.S. Treasury Nts., 10 yr.                              Buy        512     3/19/08     58,056,000            304,000 
U.S. Treasury Nts., 10 yr.                             Sell      3,752     3/19/08    425,441,625         (2,767,048)
                                                                                                   ------------------
                                                                                                   $     (34,109,293)
                                                                                                   ==================

--------------------------------------------------------------------------------
WRITTEN OPTIONS ARE AS FOLLOWS:                                                 
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                  NUMBER OF   EXERCISE  EXPIRATION                           
DESCRIPTION                            TYPE       CONTRACTS      PRICE        DATE        PREMIUM      VALUE 
-------------------------------------------------------------------------------------------------------------
                                                                                                             
British Pound Sterling (GBP)           Call       1,325,000  $    1.99      1/4/08  $      12,120  $  12,311 
British Pound Sterling (GBP)           Call       1,495,000       1.98      1/2/08         12,822      8,894 
British Pound Sterling (GBP)           Call       1,495,000       1.99      1/3/08         11,757      6,084 
British Pound Sterling (GBP)           Call       1,550,000       2.01      1/7/08         14,885      3,348 
British Pound Sterling (GBP)            Put       1,325,000       1.99      1/4/08         12,120     12,311 

15 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 16th Page of 28 TOC 1st Previous Next ↓Bottom Just 16th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]
                                                                                              
British Pound Sterling (GBP)   Put       1,495,000    1.98   1/2/08         13,341      9,783 
British Pound Sterling (GBP)   Put       1,495,000    1.99   1/3/08         11,757     19,209 
British Pound Sterling (GBP)   Put       1,550,000    2.01   1/7/08         15,196     44,841 
Euro (EUR)                    Call       6,040,000    1.47   1/4/08         41,466     20,385 
Euro (EUR)                    Call       6,040,000    1.47   1/7/08         41,773     41,773 
Euro (EUR)                     Put       6,040,000    1.47   1/4/08         41,688     70,819 
Euro (EUR)                     Put       6,040,000    1.47   1/7/08         41,773     41,773 
Japanese Yen (JPY)            Call  28,156,000,000  102.90  2/12/08      3,256,135    207,510 
                                                                     -------------------------
                                                                     $   3,526,833  $ 499,041 
                                                                     =========================

--------------------------------------------------------------------------------
CREDIT DEFAULT SWAP CONTRACTS ARE AS FOLLOWS:                                   
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                                    BUY/SELL   NOTIONAL                                                             
                                                      CREDIT     AMOUNT   PAY/RECEIVE   TERMINATION           PREMIUM               
SWAP COUNTERPARTY         REFERENCE ENTITY        PROTECTION     (000s)    FIXED RATE          DATE   PAID/(RECEIVED)         VALUE 
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                    
Barclays Bank plc:                                                                                                                  
                          Republic of Turkey            Sell   $  6,025         1.620%      4/20/12   $            --   $    54,777 
                          Russian Federation            Sell      5,000         0.990      12/20/12                --        35,275 
------------------------------------------------------------------------------------------------------------------------------------
Citibank NA, New York:                                                                                                              
                          Pakistan                      Sell      3,010         5.100       1/20/13                --            -- 
                          Republic of Hungary            Buy      7,535         0.400      12/20/15                --       114,769 
                          Republic of Indonesia         Sell      2,990         2.100       9/20/12                --        78,741 
                          Republic of Turkey            Sell      4,520         2.470       4/20/17                --        51,457 
                          Ukraine                       Sell      2,500         2.320       8/20/12                --        25,734 
------------------------------------------------------------------------------------------------------------------------------------
Credit Suisse                                                                                                                       
International             NJSC Naftogaz                 Sell      5,000         3.250       4/20/11                --      (670,714)
------------------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG          Republic of Peru              Sell      1,200         1.320       4/20/17                --       (12,091)
------------------------------------------------------------------------------------------------------------------------------------
Goldman Sachs                                                                                                                       
Capital Markets LP        Russian Federation            Sell      5,000         0.995      12/20/12                --        32,769 
------------------------------------------------------------------------------------------------------------------------------------
Merrill Lynch                                                                                                                       
International:                                                                                                                      
                          Republic of Indonesia         Sell      5,000         1.670       9/20/12                --        45,720 
                          Republic of Turkey            Sell      3,070         2.470       4/20/17                --        36,671 
------------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley                                                                                                                      
Capital Services, Inc.:                                                                                                             
                          Istanbul Bond Co. SA                                                                                      
                          for Finansbank                Sell     17,390         1.300       3/24/13                --       (18,749)
                          Republic of Indonesia         Sell      6,000         2.230       9/20/12                --       196,965 
                          Republic of Peru              Sell      4,960         1.040       6/20/17                --      (146,326)
                          Republic of Turkey            Sell      6,150         1.600       4/20/12                --        44,519 
                          Republic of Turkey            Sell      5,150         2.750      11/20/16                --       175,694 
------------------------------------------------------------------------------------------------------------------------------------
                          Republic of The                                                                                           
UBS AG                    Philippines                   Sell      5,945         1.450       6/20/17                --      (243,516)
                                                                                                      ------------------------------
                                                                                                      $            --   $  (198,305)
                                                                                                      ==============================

16 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 17th Page of 28 TOC 1st Previous Next ↓Bottom Just 17th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
INTEREST RATE SWAP CONTRACTS ARE AS FOLLOWS:                                    
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

SWAP                                             NOTIONAL                    PAID BY     RECEIVED BY   TERMINATION                 
COUNTERPARTY                                       AMOUNT                   THE FUND        THE FUND          DATE           VALUE 
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                   
Banco Santander Central Hispano SA:                                                                                                
                                                                      Six-Month Tasa                                               
                                                                      Nominal Annual                                               
                                           $5,126,000,000 CLP            (TNA-Chile)            6.60%      8/21/17   $     103,128 
                                               27,880,000 BRR                   BZDI           14.00        1/3/12         515,565 
-----------------------------------------------------------------------------------------------------------------------------------
                                                                           Six-Month                                               
Barclays Bank plc                             492,450,000 NOK              NOK NIBOR            5.54       11/5/17         (69,829)
-----------------------------------------------------------------------------------------------------------------------------------
Citibank NA, London:                                                                                                               
                                                                           Six-Month                                               
                                               16,830,000 PLZ                  WIBOR            5.52       3/24/10          43,868 

                                                                           Six-Month                                               
                                               26,928,000 PLZ                  WIBOR            5.55       3/25/10          74,500 
-----------------------------------------------------------------------------------------------------------------------------------
Citibank NA, New York:                                                                                                             
                                              489,400,000 TWD                   2.32%   TWD-Telerate       6/27/11          82,572 

                                                                                         Three-Month                               
                                            2,963,000,000 TWD                   2.94             TWD       11/6/17      (1,861,509)

                                                                      Six-Month Tasa                                               
                                                                      Nominal Annual                                               
                                            4,101,000,000 CLP                  (TNA)            6.53       8/25/17          48,226 
-----------------------------------------------------------------------------------------------------------------------------------
                                                                           Six-Month                                               
Credit Suisse First Boston, Inc.               46,785,000 PLZ                  WIBOR            4.48        7/1/10        (766,415)
-----------------------------------------------------------------------------------------------------------------------------------
Credit Suisse International:                                                                                                       
                                              133,400,000 MXN               MXN TIIE            8.30      12/17/26        (558,398)

                                                                      Six-Month Tasa                                               
                                                                      Nominal Annual                                               
                                            4,101,000,000 CLP            (TNA-Chile)            6.58       8/21/17          67,574 

                                                                                         Three-Month                               
                                                                                           ZAR-JIBAR                               
                                              213,100,000 ZAR                  10.64           SAFEX       11/7/08          34,070 
-----------------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG:                                                                                                                  
                                                                                          INR MIBOR-                               
                                              490,200,000 INR                  7.175    OIS Compound       6/27/11          (1,613)

                                                                         Three-Month                                               
                                              119,100,000 NZD            NZD BBR FRA            7.82       11/5/17        (438,074)

                                                                                           Six-Month                               
                                            2,387,000,000 HUF                   8.44           BUBOR        7/4/11        (536,522)

                                                                         Three-Month                                               
                                              578,290,000 SEK             SEK-STIBOR          4.7875      11/14/17        (845,436)

17 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 18th Page of 28 TOC 1st Previous Next ↓Bottom Just 18th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]
                                                                                                                                   
                                                                                           Six-Month                               
                                           15,892,000,000 HUF                   6.57       HUF-BUBOR       11/6/17       1,981,722 
-----------------------------------------------------------------------------------------------------------------------------------
Goldman Sachs Group, Inc. (The)               289,270,000 MXN               MXN TIIE            9.84      12/31/09         807,165 
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                CNY-                               
Goldman Sachs International                   107,900,000 CNY                   4.00   CFXSREPOFIX01       2/16/17         578,232 
-----------------------------------------------------------------------------------------------------------------------------------
J Aron & Co.:                                                                                                                      
                                               46,300,000 BRR                   BZDI           10.67        1/2/12      (1,471,041)
                                              140,720,000 MXN               MXN TIIE            9.15       8/27/26         465,720 
                                               60,800,000 MXN               MXN TIIE            9.33       9/16/26         295,170 
                                               53,700,000 BRR                   BZDI           12.92        1/2/14          43,078 
                                               26,730,000 BRR                   BZDI           12.87        1/2/14          (1,918)
                                               53,240,000 BRR                   BZDI           12.71        1/4/10         115,683 
                                              110,230,000 BRR                   BZDI           12.61        1/4/10         105,976 
                                               99,100,000 BRR                   BZDI           12.26        1/2/15      (1,188,116)
                                               45,260,000 BRR                   BZDI           12.29        1/2/15        (517,614)
                                               27,880,000 BRR                   BZDI           14.05        1/2/12         557,162 
-----------------------------------------------------------------------------------------------------------------------------------
JPMorgan Chase Bank NA                         34,270,000 BRR                   BZDI           13.91        1/2/12         560,463 
-----------------------------------------------------------------------------------------------------------------------------------
Lehman Brothers Special Financing, Inc.:                                                                                           
                                                                           Six-Month                                               
                                               55,540,000 PLZ                  WIBOR            4.53        7/5/10        (418,525)

                                                                The greater of 0 and                                               
                                                                     8* (-0.0031375-                                               
                                                                 (10 yr. CMS Index +                                               
                                                                  2 yr. CMS  Index))                                               
                                              131,690,000                  quarterly   $   3,950,700        2/5/17        (311,377)
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                           Six-Month                               
Morgan Stanley Capital Services, Inc.         122,500,000 EUR                  4.713         EURIBOR       8/22/17         (20,578)
-----------------------------------------------------------------------------------------------------------------------------------
UBS AG                                        100,000,000 BRR                   BZDI           10.67        1/2/12      (3,192,706)
-----------------------------------------------------------------------------------------------------------------------------------
Westpac Banking Corp.:                                                                                                             
                                                                      Six-Month EUR-                                               
                                              274,430,000 EUR       EURIBOR-Telerate            4.24      11/29/10      (1,028,454)

                                                                                         Three-Month                               
                                              178,200,000 NZD                   7.97     NZD-BBR-FRA      11/29/10         157,343 

                                                                                         Three-Month                               
                                              177,710,000 NZD                   7.84     NZD-BBR-FRA      10/13/10         357,411 

                                                                                         Three-Month                               
                                              177,710,000 NZD                 7.9075     NZD-BBR-FRA      10/19/10         275,794 
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                     $  (5,957,703)
                                                                                                                     ==============

18 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 19th Page of 28 TOC 1st Previous Next ↓Bottom Just 19th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

Notional amount is reported in U.S. Dollars (USD), except for those denoted in  
the following currencies:                                                       

BRR                 Brazilian Real                                              
CLP                 Chilean Peso                                                
CNY                 Chinese Renminbi (Yuan)                                     
EUR                 Euro                                                        
HUF                 Hungarian Forint                                            
INR                 Indian Rupee                                                
MXN                 Mexican Nuevo Peso                                          
NOK                 Norwegian Krone                                             
NZD                 New Zealand Dollar                                          
PLZ                 Polish Zloty                                                
SEK                 Swedish Krona                                               
TWD                 New Taiwan Dollar                                           
ZAR                 South African Rand                                          

Index abbreviations are as follows:                                             

BUBOR               Budapest Interbank Offered Rate                             
BZDI                Brazil Interbank Deposit Rate                               
CMS                 Constant Maturity Swap                                      
CNY-CFXSREPOFIX01   Chinese Renminbi 7 Days Repurchase Fixing Rates             
EURIBOR             Euro Interbank Offered Rate                                 
HUF                 Hungarian Forint                                            
MXN TIIE            Mexican Peso-Interbank Equilibrium Interest Rate            
MIBOR-OIS           Mid Market Interest Rate for French Franc/Austrian Schilling
        and India Swap Composites-Overnight Indexed Swap
NIBOR               Norwegian Interbank Offered Rate                            
NZD-BBR-FRA         New Zealand Dollar-Bank Bill Rate-Forward Rate Agreement    
STIBOR              Stockholm Interbank Offered Rate                            
TWD                 New Taiwan Dollar                                           
WIBOR               Poland Warsaw Interbank Offer Bid Rate                      
ZAR-JIBAR-SAFEX     South African Rand-Johannesburg Interbank Agreed Rate-South 
African Futures Exchange                

--------------------------------------------------------------------------------
TOTAL RETURN SWAP CONTRACTS ARE AS FOLLOWS:                                     
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                            NOTIONAL                                                                 TERMINATION                
SWAP COUNTERPARTY             AMOUNT                    PAID BY THE FUND      RECEIVED BY THE FUND          DATE          VALUE 
--------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                
Citibank NA, New                                                                                                                
York:                                                                                                                           
                                                    Twelve-Month JPY BBA                                                        
                                              LIBOR plus 40 basis points                                                        
                                                    and if negative, the                                                        
                                             absolute value of the Total    If positive, the Total                              
                                               Return of a custom basket        Return of a custom                              
                       6,482,965,082   JPY                 of securities      basket of securities        4/8/08   $ (2,489,136)

                                                    Twelve-Month GBP BBA                                                        
                                              LIBOR plus 35 basis points                                                        
                                                    and if negative, the                                                        
                                             absolute value of the Total    If positive, the Total                              
                                               Return of a custom basket        Return of a custom                              
                          27,929,408   GBP                 of securities      basket of securities        5/7/08      1,228,411 
--------------------------------------------------------------------------------------------------------------------------------

19 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 20th Page of 28 TOC 1st Previous Next ↓Bottom Just 20th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]
                                                                                                                                
--------------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG:                                                                                                               
                          16,760,000             Six-Month USD BBA LIBOR            5.46 times UDI       5/13/15      3,928,382 

                          11,050,000                 Six-Month USD LIBOR            5.25 times UDI       6/23/15      2,206,617 
--------------------------------------------------------------------------------------------------------------------------------

                                                           One-Month BBA                                                        
                                                   EURIBOR plus 10 basis                                                        
                                                           points and if                                                        
                                                           negative, the                                                        
                                                   absolute value of the          If positive, the                              
Deutsche Bank AG,                                      Total Return of a         Total Return of a                              
London                    26,428,919   EUR          custom equity basket      custom equity basket       10/7/08        546,880 
--------------------------------------------------------------------------------------------------------------------------------
Goldman Sachs                                                                                                                   
Group, Inc. (The):                                                                                                              
                          11,580,000                 Six-Month BBA LIBOR            5.10 times UDI       1/14/15      2,734,935 

                          11,580,000                 Six-Month BBA LIBOR            5.08 times UDI       1/20/15      2,968,657 
--------------------------------------------------------------------------------------------------------------------------------
Goldman Sachs                                                                                                                   
International:                                                                                                                  
                                                       One-Month USD BBA                                                        
                                                            LIBOR and if                                                        
                                                           negative, the          If positive, the                              
                                                   absolute value of the       Total Return of the                              
                                                        MSCI Daily Total          MSCI Daily Total                              
                                                      Return New Belgium        Return New Belgium                              
                           7,930,842                    USD Market Index          USD Market Index       10/8/08       (104,667)

                                                       One-Month USD BBA                                                        
                                                            LIBOR and if                                                        
                                                           negative, the          If positive, the                              
                                                   absolute value of the       Total Return of the                              
                                                        MSCI Daily Total          MSCI Daily Total                              
                                                      Return New Belgium        Return New Belgium                              
                           1,489,014                    USD Market Index          USD Market Index       10/8/08        (20,491)

                                                       One-Month USD BBA                                                        
                                                            LIBOR and if                                                        
                                                           negative, the          If positive, the                              
                                                   absolute value of the       Total Return of the                              
                                                        MSCI Daily Total          MSCI Daily Total                              
                                                      Return New Belgium        Return New Belgium                              
                           1,037,320                    USD Market Index          USD Market Index       10/8/08        (14,447)

                                                        If negative, the                                                        
                                                   absolute value of the          If positive, the                              
                                                     Total Return of the       Total Return of the                              
                          17,645,732   BRR           BOVESPA 02/08 Index       BOVESPA 02/08 Index       2/14/08       (303,280)

                                                                                  If negative, the                              
                                                        If positive, the     absolute value of the                              
                                                     Total Return of the       Total Return of the                              
                                                        INDF/S&P CNX NSE          INDF/S&P CNX NSE                              
                                                       NIFTY Index 01/08         NIFTY Index 01/08                              
                        (396,856,250)  INR                        Future                    Future        2/7/08       (479,514)

                                                                                  If negative, the                              
                                                        If positive, the     absolute value of the                              
                                                     Total Return of the       Total Return of the                              
                         (10,448,080)  CHF                EURX SMI Index            EURX SMI Index       3/25/08         85,618 
--------------------------------------------------------------------------------------------------------------------------------

20 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 21st Page of 28 TOC 1st Previous Next ↓Bottom Just 21st
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]
                                                                                                                                
--------------------------------------------------------------------------------------------------------------------------------
Merrill Lynch                                                                                                                   
Capital Services,                                                                                                               
Inc.:                                                                                                                           
                                                                                      The Constant                              
                                                                             Maturity Option Price                              
                         134,690,000                                5.33%        divided by 10,000       8/13/17     (2,595,478)

                                                                                      The Constant                              
                                                                             Maturity Option Price                              
                         248,000,000                                4.66         divided by 10,000       6/11/17      5,962,929 
--------------------------------------------------------------------------------------------------------------------------------

                                                       One-Month EUR BBA                                                        
                                                     LIBOR plus 30 basis                                                        
                                                           points and if                                                        
                                                           negative, the                                                        
                                                   absolute value of the          If positive, the                              
                                                       Total Return of a         Total Return of a                              
Morgan Stanley                                          custom basket of          custom basket of                              
International             26,615,800   EUR                    securities                securities       10/7/08     (1,263,299)
--------------------------------------------------------------------------------------------------------------------------------
                                                                                                                   $ 12,392,117 
                                                                                                                   =============

Notional amount is reported in U.S. Dollars (USD), except for those denoted in  
the following currencies:                                                       

BRR                 Brazilian Real                                              
CHF                 Swiss Franc                                                 
EUR                 Euro                                                        
GBP                 British Pound Sterling                                      
INR                 Indian Rupee                                                
JPY                 Japanese Yen                                                

Index abbreviations are as follows:                                             

BBA                 British Bankers' Association                                
BBA LIBOR           British Bankers' Association London-Interbank Offered Rate  
BOVESPA             Sao Paulo Stock Exchange                                    
EURIBOR             Euro Interbank Offered Rate                                 
EURX                European Stock Exchange                                     
INDF/S&P CNX NSE    Indian S&P National Stock Exchange Nifty Index              
LIBOR               London-Interbank Offered Rate                               
MSCI                Morgan Stanley Capital International                        
SMI                 Swiss Market Index                                          

--------------------------------------------------------------------------------
CURRENCY SWAPS ARE AS FOLLOWS:                                                  
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

SWAP                               NOTIONAL                  PAID BY   RECEIVED BY   TERMINATION                
COUNTERPARTY                         AMOUNT                 THE FUND      THE FUND          DATE          VALUE 
----------------------------------------------------------------------------------------------------------------
                                                                                                                
Credit Suisse International:                                                                                    
                                                     Three Month USD                                            
                                 18,590,000   TRY          BBA LIBOR         16.75%      2/26/12   $  4,627,998 

                                                     Three-Month USD                                            
                                  7,370,000   TRY          BBA LIBOR         17.25        2/7/12      2,048,351 

                                                     Three-Month USD                                            
                                 11,105,000   TRY          BBA LIBOR         17.30        2/9/12      3,080,932 
----------------------------------------------------------------------------------------------------------------
                                                     Three-Month BBA                                            
Merrill Lynch International       3,840,000   TRY              LIBOR         17.10        2/6/12      1,228,656 
                                                                                                   -------------
                                                                                                   $ 10,985,937 
                                                                                                   =============

21 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 22nd Page of 28 TOC 1st Previous Next ↓Bottom Just 22nd
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

Notional amount is reported in U.S. Dollars (USD), except for those denoted in  
the following currency:                                                         

TRY                 New Turkish Lira                                            

Index abbreviation is as follows:                                               

BBA LIBOR           British Bankers' Association London-Interbank Offered Rate  

NOTES TO STATEMENT OF INVESTMENTS                                               

SECURITIES VALUATION. The Fund calculates the net asset value of its shares as  
of the close of the New York Stock Exchange (the "Exchange"), normally 4:00 P.M.
Eastern time, on each day the Exchange is open for trading. Securities may be   
valued primarily using dealer-supplied valuations or a portfolio pricing service
authorized by the Board of Trustees. Securities traded on a registered U.S.     
securities exchange are valued based on the last sale price of the security     
traded on that exchange prior to the time when the Fund's assets are valued.    
Securities whose principal exchange is NASDAQ (R) are valued based on the       
closing price reported by NASDAQ prior to the time when the Fund's assets are   
valued. In the absence of a sale, the security is valued at the last sale price 
on the prior trading day, if it is within the spread of the closing "bid" and   
"asked" prices, and if not, at the closing bid price. Securities traded on      
foreign exchanges are valued based on the last sale price on the principal      
exchange on which the security is traded, as identified by the portfolio pricing
service, prior to the time when the Fund's assets are valued. In the absence of 
a sale, the security is valued at the official closing price on the principal   
exchange. Corporate, government and municipal debt instruments having a         
remaining maturity in excess of sixty days and all mortgage-backed securities,  
collateralized mortgage obligations and other asset-backed securities will be   
valued at the mean between the "bid" and "asked" prices. Securities for which   
market quotations are not readily available are valued at their fair value.     
Securities whose values have been materially affected by what the Manager       
identifies as a significant event occurring before the Fund's assets are valued 
but after the close of their respective exchanges will be fair valued. Fair     
value is determined in good faith using consistently applied procedures under   
the supervision of the Board of Trustees. Shares of a registered investment     
company that are not traded on an exchange are valued at the acquired investment
company's net asset value per share. "Money market-type" debt instruments with  
remaining maturities of sixty days or less are valued at cost adjusted by the   
amortization of discount or premium to maturity (amortized cost), which         
approximates market value.                                                      

STRUCTURED SECURITIES. The Fund invests in structured securities whose market   
values, interest rates and/or redemption prices are linked to the performance of
underlying foreign currencies, interest rate spreads, stock market indices,     
prices of individual securities, commodities or other financial instruments or  
the occurrence of other specific events. The structured securities are often    
leveraged, increasing the volatility of each note's market value relative to the
change in the underlying linked financial element or event. Fluctuations in     
value of these securities are recorded as unrealized gains and losses in the    
accompanying Statement of Operations in the annual and semiannual reports. The  
Fund records a realized gain or loss when a structured security is sold or      
matures.                                                                        

SECURITIES ON A WHEN-ISSUED OR DELAYED DELIVERY BASIS. The Fund may purchase    
securities on a "when-issued" basis, and may purchase or sell securities on a   
"delayed delivery" basis. "When-issued" or "delayed delivery" refers to         
securities whose terms and indenture are available and for which a market       
exists, but which are not available for immediate delivery. Delivery and payment
for securities that have been purchased by the Fund on a when-issued basis      
normally takes place within six months and possibly as long as two years or more
after the trade date. During this period, such securities do not earn interest, 
are subject to market fluctuation and may increase or decrease in value prior to
their delivery. The purchase of securities on a when-issued basis may increase  
the volatility of the Fund's net asset value to the extent the Fund executes    
such transactions while remaining substantially fully invested. When the Fund   
engages in when-issued or delayed delivery transactions, it relies on the buyer 
or seller, as the case may be, to complete the transaction. Their failure to do 
so may cause the Fund to lose the opportunity to obtain or dispose of the       
security at a price and yield it considers advantageous. The Fund maintains     
internally designated assets with a market value equal to or greater than the   
amount of its purchase commitments. The Fund may also sell securities that it   
purchased on a when-issued basis or forward commitment prior to settlement of   
the original purchase.                                                          

22 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 23rd Page of 28 TOC 1st Previous Next ↓Bottom Just 23rd
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

As of December 31, 2007, the Fund had purchased securities issued on a          
when-issued or delayed delivery basis and sold securities issued on a delayed   
delivery basis as follows:                                                      

------------------------------------------------------------
                             WHEN-ISSUED OR DELAYED DELIVERY
                BASIS TRANSACTIONS
------------------------------------------------------------
Purchased securities                            $ 48,274,614
------------------------------------------------------------
Sold securities                                   39,372,432
------------------------------------------------------------

CREDIT RISK. The Fund invests in high-yield, non-investment-grade bonds, which  
may be subject to a greater degree of credit risk. Credit risk relates to the   
ability of the issuer to meet interest or principal payments or both as they    
become due. The Fund may acquire securities in default, and is not obligated to 
dispose of securities whose issuers subsequently default.                       

FOREIGN CURRENCY TRANSLATION. The Fund's accounting records are maintained in   
U.S. dollars. The values of securities denominated in foreign currencies and    
amounts related to the purchase and sale of foreign securities and foreign      
investment income are translated into U.S. dollars as of the close of the New   
York Stock Exchange (the "Exchange"), normally 4:00 P.M. Eastern time, on each  
day the Exchange is open for trading. Foreign exchange rates may be valued      
primarily using a reliable bank, dealer or service authorized by the Board of   
Trustees.                                                                       

Reported net realized gains and losses from foreign currency transactions arise 
from sales of portfolio securities, sales and maturities of short-term          
securities, sales of foreign currencies, exchange rate fluctuations between the 
trade and settlement dates on securities transactions, and the difference       
between the amounts of dividends, interest, and foreign withholding taxes       
recorded on the Fund's books and the U.S. dollar equivalent of the amounts      
actually received or paid. Net unrealized appreciation and depreciation on the  
translation of assets and liabilities denominated in foreign currencies arise   
from changes in the values of assets and liabilities, including investments in  
securities at fiscal period end, resulting from changes in exchange rates.      

The effect of changes in foreign currency exchange rates on investments is      
separately identified from the fluctuations arising from changes in market      
values of securities held and reported with all other foreign currency gains and
losses in the Fund's Statement of Operations in the annual and semiannual       
reports.                                                                        

INVESTMENT IN OPPENHEIMER INSTITUTIONAL MONEY MARKET FUND. The Fund is permitted
to invest daily available cash balances in an affiliated money market fund. The 
Fund may invest the available cash in Class E shares of Oppenheimer             
Institutional Money Market Fund ("IMMF") to seek current income while preserving
liquidity. IMMF is a registered open-end management investment company,         
regulated as a money market fund under the Investment Company Act of 1940, as   
amended. The Manager is also the investment adviser of IMMF. The Fund's         
investment in IMMF is included in the Statement of Investments. As a            
shareholder, the Fund is subject to its proportional share of IMMF's Class E    
expenses, including its management fee. The Manager will waive fees and/or      
reimburse Fund expenses in an amount equal to the indirect management fees      
incurred through the Fund's investment in IMMF.                                 

INVESTMENTS WITH OFF-BALANCE SHEET RISK. The Fund enters into financial         
instrument transactions (such as swaps, futures, options and other derivatives) 
that may have off-balance sheet market risk. Off-balance sheet market risk      
exists when the maximum potential loss on a particular financial instrument is  
greater than the value of such financial instrument, as reflected in the Fund's 
Statement of Assets and Liabilities in the annual and semiannual reports.       

FOREIGN CURRENCY EXCHANGE CONTRACTS                                             

The Fund may enter into foreign currency exchange contracts ("forward           
contracts") for the purchase or sale of a foreign currency at a negotiated rate 
at a future date.                                                               

Foreign currency exchange contracts are reported on a schedule following the    
Statement of Investments. Forward contracts will be valued daily based upon the 
closing prices of the forward currency rates determined at the close of the     
Exchange as provided by a bank, dealer or pricing service. The resulting        
unrealized appreciation (depreciation) is reported in the Statement of Assets   
and Liabilities in the annual and semiannual reports as a receivable or payable 
and in the Statement of Operations in the annual and semiannual reports within  
the change in unrealized appreciation (depreciation). At contract close, the    
difference between the original cost of the contract and the value at the close 
date is recorded as a realized gain (loss) in the Statement of Operations in the
annual and semiannual reports.                                                  

23 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 24th Page of 28 TOC 1st Previous Next ↓Bottom Just 24th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

Risks to the Fund include both market and credit risk. Market risk is the risk  
that the value of the forward contract will depreciate due to unfavorable       
changes in the exchange rates. Credit risk arises from the possibility that the 
counterparty will default. If the counterparty defaults, the Fund's loss will   
consist of the net amount of contractual payments that the Fund has not yet     
received.                                                                       

FUTURES CONTRACTS                                                               

A futures contract is a commitment to buy or sell a specific amount of a        
financial instrument at a negotiated price on a stipulated future date. The Fund
may buy and sell futures contracts that relate to broadly based securities      
indices (financial futures), debt securities (interest rate futures) and various
commodities (commodity index futures). The Fund may also buy or write put or    
call options on these futures contracts.                                        

Futures contracts traded on a commodities or futures exchange will be valued at 
the final settlement price or official closing price on the principal exchange  
as reported by such principal exchange at its trading session ending at, or most
recently prior to, the time when the Fund's assets are valued.                  

Upon entering into a futures contract, the Fund is required to deposit either   
cash or securities (initial margin) in an amount equal to a certain percentage  
of the contract value. Subsequent payments (variation margin) are made or       
received by the Fund each day. The variation margin payments are equal to the   
daily changes in the contract value and are recorded as unrealized gains and    
losses.                                                                         

Futures contracts are reported on a schedule following the Statement of         
Investments. Securities held in collateralized accounts to cover initial margin 
requirements on open futures contracts are noted in the Statement of            
Investments. Cash held by the broker to cover initial margin requirements on    
open futures contracts and the receivable and/or payable for the daily mark to  
market for the variation margin are noted in the Statement of Assets and        
Liabilities in the annual and semiannual reports. The net change in unrealized  
appreciation and depreciation is reported in the Statement of Operations in the 
annual and semiannual reports. Realized gains (losses) are reported in the      
Statement of Operations in the annual and semiannual reports at the closing or  
expiration of futures contracts.                                                

Risks of entering into futures contracts (and related options) include the      
possibility that there may be an illiquid market where the Fund is unable to    
liquidate the contract or enter into an offsetting position and, if used for    
hedging purposes, the risk that the price of the contract will correlate        
imperfectly with the prices of the Fund's securities.                           

OPTION ACTIVITY                                                                 

The Fund may buy and sell put and call options, or write put and covered call   
options. When an option is written, the Fund receives a premium and becomes     
obligated to sell or purchase the underlying security at a fixed price, upon    
exercise of the option.                                                         

Options are valued daily based upon the last sale price on the principal        
exchange on which the option is traded. The difference between the premium      
received or paid, and market value of the option, is recorded as unrealized     
appreciation or depreciation. The net change in unrealized appreciation or      
depreciation is reported in the Statement of Operations in the annual and       
semiannual reports. When an option is exercised, the cost of the security       
purchased or the proceeds of the security sale are adjusted by the amount of    
premium received or paid. Upon the expiration or closing of the option          
transaction, a gain or loss is reported in the Statement of Operations in the   
annual and semiannual reports.                                                  

Securities designated to cover outstanding call or put options are noted in the 
Statement of Investments where applicable. Options written are reported in a    
schedule following the Statement of Investments and as a liability in the       
Statement of Assets and Liabilities in the annual and semiannual reports.       

The risk in writing a call option is that the Fund gives up the opportunity for 
profit if the market price of the security increases and the option is          
exercised. The risk in writing a put option is that the Fund may incur a loss if
the market price of the security decreases and the option is exercised. The risk
in buying an option is that the Fund pays a premium whether or not the option is
exercised. The Fund also has the additional risk that there may be an illiquid  
market where the Fund is unable to close the contract.                          

Written option activity for the year ended December 31, 2007 was as follows:    

24 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 25th Page of 28 TOC 1st Previous Next ↓Bottom Just 25th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

                                                        [Enlarge/Download Table]

                                     CALL OPTIONS                     PUT OPTIONS         
                            -----------------------------   ------------------------------
                                 NUMBER OF      AMOUNT OF        NUMBER OF      AMOUNT OF 
                                 CONTRACTS       PREMIUMS        CONTRACTS       PREMIUMS 
------------------------------------------------------------------------------------------
                                                                                          
Options outstanding as of                                                                 
September 30, 2007              15,320,000   $     96,794       15,320,000   $     96,917 
Options written             45,582,300,000      7,569,510   17,426,300,000      4,306,712 
Options closed or expired   (9,076,795,000)    (2,025,429)  (8,346,880,000)    (2,245,315)
Options exercised           (8,346,880,000)    (2,249,917)  (9,076,795,000)    (2,022,439)
                            --------------------------------------------------------------
Options outstanding as of                                                                 
December 31, 2007           28,173,945,000   $  3,390,958       17,945,000   $    135,875 
                            ==============================================================

SWAP CONTRACTS                                                                  

The Fund may enter into swap contract agreements with a counterparty to exchange
a series of cash flows based on either specified reference rates, or the        
occurrence of a credit event, over a specified period. Such contracts may       
include interest rate, equity, debt, index, total return, credit and currency   
swaps.                                                                          

Swaps are marked to market daily using primarily quotations from pricing        
services, counterparties and brokers. Swap contracts are reported on a schedule 
following the Statement of Investments. The value of the contracts is separately
disclosed on the Statement of Assets and Liabilities in the annual and          
semiannual reports. The unrealized appreciation (depreciation) related to the   
change in the valuation of the notional amount of the swap is combined with the 
accrued interest due to (owed by) the Fund at termination or settlement. The net
change in this amount during the period is included on the Statement of         
Operations in the annual and semiannual reports. The Fund also records any      
periodic payments received from (paid to) the counterparty, including at        
termination, under such contracts as realized gain (loss) on the Statement of   
Operations in the annual and semiannual reports.                                

Risks of entering into swap contracts include credit, market and liquidity risk.
Credit risk arises from the possibility that the counterparty will default. If  
the counterparty defaults, the Fund's loss will consist of the net amount of    
contractual payments that the Fund has not yet received. Market risk is the risk
that the value of the contract will depreciate due to unfavorable changes in the
reference asset. If there is an illiquid market for the agreement, the Fund may 
be unable to close the contract prior to contract termination.                  

CREDIT DEFAULT SWAP CONTRACTS. A credit default swap is a bilateral contract    
that enables an investor to buy or sell protection against a defined-issuer     
credit event. The Fund may enter into credit default swaps on a single security,
or a basket of securities.                                                      

In a credit default swap contract, the purchaser of the contract will pay a     
periodic interest fee, similar to an insurance premium, on the notional amount  
of the swap contract to the counterparty (the seller of the contract). If there 
is a credit event (for example, bankruptcy or a failure to timely pay interest  
or principal), the purchaser will exercise the contract and will receive a      
payment from the seller of the contract equal to the notional value of the      
credit default swap contract less the value of the underlying security. In the  
event that the credit default swap is exercised due to a credit event, the      
difference between the value of the underlying security and the notional amount 
is recorded as realized gain (loss) and is included on the Statement of         
Operations in the annual and semiannual reports.                                

Risks of credit default swaps include, but are not limited to, the cost of      
paying for credit protection if there are no credit events.                     

INTEREST RATE SWAP CONTRACTS. An interest rate swap is an agreement between     
counterparties to exchange periodic interest payments on the notional amount of 
the contract. One cash flow stream will typically be a floating rate payment    
based upon a specified index while the other is typically a fixed rate.         

Interest rate swap agreements include interest rate risk. There is a risk, based
on movements of interest rates in the future, the payments made by the Fund     
under a swap agreement will be greater than the payments it received.           

TOTAL RETURN SWAP CONTRACTS. A total return swap is an agreement between        
counterparties to exchange a set of future cash flows on the notional amount of 
the contract. One cash flow is typically based on a reference interest rate or  
index and the other on the total return of a                                    

25 | OPPENHEIMER INTERNATIONAL BOND FUND

N-Q 26th Page of 28 TOC 1st Previous Next ↓Bottom Just 26th
Oppenheimer International Bond Fund                                             

STATEMENT OF INVESTMENTS  DECEMBER 31, 2007 / UNAUDITED                         
--------------------------------------------------------------------------------

reference asset such as a security, a basket of securities, or an index. The    
total return includes appreciation or depreciation on the reference asset, plus 
any interest or dividend payments.                                              

CURRENCY SWAPS. A currency swap is an agreement between counterparties to       
exchange different currencies equivalent to the notional value at contract      
inception and reverse the exchange of the same notional values of those         
currencies at contract termination. The contract may also include periodic      
exchanges of cash flows based on a specified index or interest rate.            

Currency swap agreements include exchange rate risk. Due to the exchange of     
currency at contract termination, changes in currency exchange rates may result 
in the Fund paying an amount greater than the amount received. There is a risk, 
based on movements of interest rates or indexes that the periodic payments made 
by the Fund will be greater than the payments received.                         

ILLIQUID SECURITIES                                                             

As of December 31, 2007, investments in securities included issues that are     
illiquid. Investments may be illiquid because they do not have an active trading
market, making it difficult to value them or dispose of them promptly at an     
acceptable price. The Fund will not invest more than 15% of its net assets      
(determined at the time of purchase and reviewed periodically) in illiquid      
securities. Securities that are illiquid are marked with an applicable footnote 
on the Statement of Investments.                                                

LOAN COMMITMENTS                                                                

Pursuant to the terms of certain indenture agreements, the Fund has unfunded    
loan commitments of $24,636,364 at December 31, 2007. The Fund generally will   
maintain with its custodian, liquid investments having an aggregate value at    
least equal to the amount of unfunded loan commitments. The following           
commitments are subject to funding based on the borrower's discretion. The Fund 
is obligated to fund these commitments at the time of the request by the        
borrower. These commitments have been excluded from the Statement of            
Investments.                                                                    

                                    COMMITMENT
                                                  TERMINATION       UNFUNDED
                                                         DATE         AMOUNT
------------------------------------------------------------------------------- 

Deutsche Bank AG, Opic Reforma Credit Linked Nts.      10/20/13   $ 24,636,364  

RECENT ACCOUNTING PRONOUNCEMENT                                                 

In September 2006, Financial Accounting Standards Board ("FASB") issued         
Statement of Financial Accounting Standards ("SFAS") No. 157, FAIR VALUE        
MEASUREMENTS. This standard establishes a single authoritative definition of    
fair value, sets out a framework for measuring fair value and expands           
disclosures about fair value measurements. SFAS No. 157 applies to fair value   
measurements already required or permitted by existing standards. SFAS No. 157  
is effective for financial statements issued for fiscal years beginning after   
November 15, 2007, and interim periods within those fiscal years. As of December
31, 2007, the Manager does not believe the adoption of SFAS No. 157 will        
materially impact the financial statement amounts; however, additional          
disclosures may be required about the inputs used to develop the measurements   
and the effect of certain of the measurements on changes in net assets for the  
period.                                                                         

FEDERAL TAX. The approximate aggregate cost of securities and other investments 
and the composition of unrealized appreciation and depreciation of securities   
and other investments for federal income tax purposes as of December 31, 2007   
are noted below. The primary difference between book and tax appreciation or    
depreciation of securities and other investments, if applicable, is attributable
to the tax deferral of losses.                                                  

Federal tax cost of securities                        $  9,193,477,361          
Federal tax cost of other investments                    3,256,508,617          
                                             -----------------
Total federal tax cost                                $ 12,449,985,978          
                                             =================

Gross unrealized appreciation                         $    616,528,559          
Gross unrealized depreciation                             (117,349,277)         
                                             -----------------
Net unrealized appreciation                           $    499,179,282          
                                             =================

26 | OPPENHEIMER INTERNATIONAL BOND FUND

ITEM 2. CONTROLS AND PROCEDURES.                                                

   (a)   Based on their evaluation of the registrant's disclosure controls
        and procedures (as defined in rule 30a-3(c) under the Investment
       Company Act of 1940 (17 CFR 270.30a-3(c)) as of 12/31/2007, the
        registrant's principal executive officer and principal financial
            officer found the registrant's disclosure controls and procedures to
     provide reasonable assurances that information required to be
          disclosed by the registrant in the reports that it files under the
           Securities Exchange Act of 1934 (a) is accumulated and communicated
         to the registrant's management, including its principal executive
          officer and principal financial officer, to allow timely decisions
      regarding required disclosure, and (b) is recorded, processed,
         summarized and reported, within the time periods specified in the
   rules and forms adopted by the U.S. Securities and Exchange
Commission.                                             

N-Q 27th Page of 28 TOC 1st Previous Next ↓Bottom Just 27th
     (b)   There have been no significant changes in the registrant's internal
  controls over financial reporting that occurred during the
            registrant's last fiscal quarter that has materially affected, or is
         reasonably likely to materially affect, the registrant's internal
control over financial reporting.                       

ITEM 3. EXHIBITS.                                                               

Exhibits attached hereto.                                                       

N-Q Last Page of 28 TOC 1st Previous Next ↓Bottom Just 28th
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the     
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.             

Oppenheimer International Bond Fund                                             

By: /s/ John V. Murphy                                                          
---------------------------                                             
John V. Murphy                                                          
Principal Executive Officer                                             

Date: 02/07/2008                                                                

Pursuant to the requirements of the Securities Exchange Act of 1934 and the     
Investment Company Act of 1940, this report has been signed below by the        
following persons on behalf of the registrant and in the capacities and on the  
dates indicated.                                                                

By: /s/ John V. Murphy                                                          
---------------------------                                             
John V. Murphy                                                          
Principal Executive Officer                                             

Date: 02/07/2008                                                                

By: /s/ Brian W. Wixted                                                         
---------------------------                                             
Brian W. Wixted                                                         
Principal Financial Officer                                             

Date: 02/07/2008

N-Q	1st Page of 28	TOC	↑Top	Previous	Next	↓Bottom	Just 1st

N-Q	2nd Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 2nd

N-Q	3rd Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 3rd

N-Q	4th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 4th

N-Q	5th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 5th

N-Q	6th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 6th

N-Q	7th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 7th

N-Q	8th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 8th

N-Q	9th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 9th

N-Q	10th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 10th

N-Q	11th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 11th

N-Q	12th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 12th

N-Q	13th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 13th

N-Q	14th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 14th

N-Q	15th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 15th

N-Q	16th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 16th

N-Q	17th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 17th

N-Q	18th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 18th

N-Q	19th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 19th

N-Q	20th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 20th

N-Q	21st Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 21st

N-Q	22nd Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 22nd

N-Q	23rd Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 23rd

N-Q	24th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 24th

N-Q	25th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 25th

N-Q	26th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 26th

N-Q	27th Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 27th

N-Q	Last Page of 28	TOC	1st	Previous	Next	↓Bottom	Just 28th

Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘N-Q’ Filing	Date	First	Last	Other Filings

Filed on / Effective on:	2/27/08
For Period End:	12/31/07	1	26
	11/15/07	26
	9/30/07	13		24F-2NT, N-CSR, NSAR-B
				List all Filings

↑Top

Filing Submission 0000935069-08-000412 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Oppenheimer International Bond Fund – ‘N-Q’ for 12/31/07

On: Wednesday, 2/27/08, at 4:00pm ET · Effective: 2/27/08 · For: 12/31/07 · Accession #: 935069-8-412 · File #: 811-07255

Previous ‘N-Q’: ‘N-Q’ on 8/29/07 for 6/30/07 · Next: ‘N-Q’ on 8/28/08 for 6/30/08 · Latest: ‘N-Q’ on 3/1/19 for 12/31/18

Quarterly Schedule of Portfolio Holdings of a Management Investment Company — Form N-QFiling Table of Contents

N-Q — Quarterly Schedule of Portfolio Holdings of a Management Investment Company — rq0880_44649nqDocument Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Quarterly Schedule of Portfolio Holdings of a Management Investment Company — Form N-Q
Filing Table of Contents

N-Q — Quarterly Schedule of Portfolio Holdings of a Management Investment Company — rq0880_44649nq
Document Table of Contents