Bismuth oxide glass and process of making thereof

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An optically active glass containing bismuth oxide and germanium oxide is disclosed which comprises 0.1 up to less than 5 mol-% of B2O3 and SiO2 in total. In addition the glass comprises 10 to 60 mol-% of Bi2O3 and 10 to 60 mol-% of GeO2. The glass may further comprise 0-15 wt-% of rare earths, 0-30 wt-% of M′2O, 0-20 wt-% of M″O, 0-15 wt-% of La2O3, 0-40 wt-% of Ga2O3, 0-10 wt-% of Gd2O3, 0-20 wt-% of Al2O3, 0-10 wt-% of CeO2, 0-30 wt-% of ZnO, wherein M′ is at least one component selected from the group formed by Li, Na, K, Rb and Cs, and wherein M″ is at least one component selected from the group formed by of Be, Mg, Ca, Sr and Ba. Also a suitable method of preparation is disclosed.