Seven phosphane‐functionalized deoxyuridines have been prepared by amide bond formation between aminodeoxyuridines and phosphanylcarboxylic acids. X‐ray crystal structures for two of these new modified nucleosides have been obtained. The same coupling method has been extended to oligonucleotides. The phosphane containing strands have been purified and characterized by MALDI‐TOF and, for the first time, 31P NMR spectrometry. Coordination of a phosphane‐modified 15‐mer to a [PdCl(η3‐allyl)] moiety has been confirmed by 31P NMR spectroscopy.