The reduction of gluconolactone by glucose-fructose oxidoreductase containing tightly bound NADPH (enzyme-NADPH) is biphasic in nucleotide fluorescence. The initial rapid decrease, which represents quenching of the fluorescence by bound lactone, is followed by a slower decrease which corresponds to the change in absorbance. At low glucose concentrations, the oxidation of glucose by enzyme-NADP involves a single first-order process with similar rate constants in fluorescence and absorbance. At higher glucose concentrations, the apparent first-order rate constants for the fluorescence change are less than those for the absorbance change. This is consistent with a mechanism in which the fluorescence change occurs during the lactone dissociation step, which is slower than the hydrogen transfer step during which the absorbance change occurs. The rate constant for gluconolactone dissociation is 360 10 sV1 and this step is therefore rate-determining for the overall reaction. Reduction of fructose by enzyme-NADPH is first order with a limiting rate constant of at least 2000 s-'Glucose-fructose oxidoreductase catalyses the formation of sorbitol and glucono-6-lactone from glucose and fructose by the bacterium Zymomonas mohilis [l, 21. The enzyme contains a tightly bound NADP' [2]. The reaction mechanism is ping pong [2, 31, with a single site for all substrates: glucose, fructose, gluconolactone and sorbitol [3]. The overall reaction consists of two half-reactions with alternate reduction of the bound NADP' and oxidation of the NADPH [3].The individual steps of the reaction of the enzyme with each of its substrates were studied, at 21 "C and pH 6.5, by monitoring the absorbance of enzyme-bound NADPH [3]. Reduction of enzyme-NADP' by glucose and oxidation of enzyme-NADPH by gluconolactone were first-order processes with rate constants at saturating substrate of 2100 s-' and 8 s-' respectively. Deuterium isotope effects indicated that these values are for the hydrogen transfer step. Oxidation of enzyme-NADPH by fructose was also first order with a limiting rate constant of at least 430 s-' . The reduction of enzyme-NADP' by sorbitol was biphasic; the rate constants for the two processes were of similar magnitude and were less than 1 s-' . The proposed mechanism for glucose-fructose oxidoreductase is shown in Scheme 1 [3]. The rate-determining steps for the overall reaction are probably dissociation of gluconolactone in the forward direction and hydrogen transfer from sorbitol to enzyme-NADP' in the reverse direction [3].Reactions catalysed by NAD(P)H-dependent enzymes can also be followed by monitoring the fluorescence of the nucleotide. For some dehydrogenases, for example lactate dehydrogenase [4], the fluorescence of enzyme-bound NADH depends on the nature of the intermediate and differs from that of free NADH. Therefore kinetic studies using nucleotide fluorescence can yield mechanistic information additional to that provided by studies using absorbance of the nucleotide [4]. We havc now studied the reaction catalysed b...