Ab initio electronic structure calculations demonstrate that a singlet
planar cyclic isomer Of P2O2 with D2h symmetry is more stable than al
l the previously characterized P2O2 isomers. A proper description of t
he electronic structure wavefunction is found to be essential to predi
ct correctly the multiplicity of the ground state. This singlet D2h sy
mmetry isomer is found to have no central P-P bond and a large biradic
al character.