The internal and forced low frequency variability in an isopycnic coordinate general circulation model of the North Atlantic Ocean is investigated. Numerical experiments performed under climatological buoyancy and momentum fluxes, reveal the existence of a 50 years oscillatory mode, emerging for low levels of internal dissipation and high meridional overturning rtes. The oscillation appears to be sustained by a feedback between the poleward propagation of surface thermal anomalies and deep convection in the subpolar gyre. The transition from a steady state to a multidecadal limit cycle solution, occurring for a narrow range of eddy mixing and meridional overturning strengths, suggests the presence of a Hopf bifurcation. In an additional ...