The discovery of a reaction which allows preparation of boroxide complexes of platinum group metals and study of their behavior under CO atmosphere is described. The trihydride-osmium(IV)-hydroxo complex OsH 3 (OH){κ 3-P,O,P-[xant(P i Pr 2) 2 ]} (1, xant(P i Pr 2) 2 = 4,5-bis-(diisopropylphosphino)xanthene) reacts with the amino-boranes i Pr(H)NBCy 2 and i Pr(H)NBBN to give the osmium(IV)boroxide derivatives OsH 3 (OBR 2){κ 3-P,O,P-[xant(P i Pr 2) 2 ]} (BR 2 = BCy 2 (2), BBN (3); BBN = 9-borabicyclo[3.5.1]nonane) and i PrNH 2 as a consequence of the addition of the O−H bond of the hydroxo ligand of 1 to the B−N bond of the amino-boranes. At room temperature under CO atmosphere, complexes 2 and 3 eliminate H 2 to afford the osmium(II)− boroxide compounds OsH(OBR 2)(CO) 2 {κ 2-P,P-[xant(P i Pr 2) 2 ]} (BR 2 = BCy 2 (4), BBN (5)) bearing a κ 2-P,P-coordinated ether-diphosphine. The subsequent reductive elimination of the borinic acids R 2 BOH needs heating and a long duration and leads to the tricarbonyl-osmium(0) derivative Os(CO) 3 {κ 2-P,P-[xant(P i Pr 2) 2 ]} (6) with the phosphorus atoms of the diphosphine lying in the equatorial plane of a pentagonal bypyramid of donor atoms around the metal center. In contrast to 2 and 3, under CO atmosphere, precursor 1 eliminates water to initially give the trans-dihydride OsH 2 (CO){κ 3-P,O,P-[xant(P i Pr 2) 2 ]} (7), which subsequently evolves to the cis-dihydride-cis-dicarbonyl derivative OsH 2 (CO) 2 {κ 2-P,P-[xant-(P i Pr 2) 2 ]} (8) and finally into the tricarbonyl 6.