New oxyfluoride glasses of the SiO 2 - PbO - PbF 2 - CdF 2 system containing europium ions Eu 3+ have been synthesized and ytterbium Yb 3+, their physicochemical properties, optical absorption and up-conversion luminescence were studied. Upon excitation in the IR spectral range with a commercially available laser diode, intense orange-red luminescence (color coordinates x = 0.64, y = 0.36) with a maximum at 612 nm was obtained. Glass is promising for the production of nanophase luminescent glass ceramics for use in up-conversion phosphors and solid-state lasers.