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July Reference CPI Numbers and Daily Index Ratios-5 Year

TREASURY 5-YEAR INFLATION-INDEXED NOTES
SERIES:                                    J-2002
CUSIP:                                  9128273A8
AUCTION DATE:                        July 9, 1997
ORIGINAL ISSUE DATED DATE:          July 15, 1997
ORIGINAL ISSUE DATE:                July 15, 1997
MATURITY DATE:                      July 15, 2002
Ref CPI on DATED DATE:                  160.15484
TABLE FOR MONTH OF:                     July 1997
NUMBER OF DAYS IN MONTH:                       31

CPI-U (NSA) March 1997                      160.0
CPI-U (NSA) April 1997                      160.2
CPI-U (NSA) May 1997                        160.1

Ref CPI and Index Ratios for July 1997:

Month    Calendar day   Year   Ref CPI   Index Ratio

July           1        1997  160.20000
July           2        1997  160.19677
July           3        1997  160.19355
July           4        1997  160.19032
July           5        1997  160.18710
July           6        1997  160.18387
July           7        1997  160.18065
July           8        1997  160.17742
July           9        1997  160.17419
July          10        1997  160.17097
July          11        1997  160.16774
July          12        1997  160.16452
July          13        1997  160.16129
July          14        1997  160.15806
July          15        1997  160.15484  1.00000
July          16        1997  160.15161  0.99998
July          17        1997  160.14839  0.99996
July          18        1997  160.14516  0.99994
July          19        1997  160.14194  0.99992
July          20        1997  160.13871  0.99990
July          21        1997  160.13548  0.99988
July          22        1997  160.13226  0.99986
July          23        1997  160.12903  0.99984
July          24        1997  160.12581  0.99982
July          25        1997  160.12258  0.99980
July          26        1997  160.11935  0.99978
July          27        1997  160.11613  0.99976
July          28        1997  160.11290  0.99974
July          29        1997  160.10968  0.99972
July          30        1997  160.10645  0.99970
July          31        1997  160.10323  0.99968