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July 1998 3-5/8% 5-Year notes due July 15, 2002

Contact: Office of Financing                      202-504-3550

3-5/8% TREASURY 5-YEAR INFLATION-INDEXED NOTES
DESCRIPTION:                                     Series J-2002
CUSIP NUMBER:                                        9128273A8
DATED DATE:                                      July 15, 1997
ORIGINAL ISSUE DATE:                             July 15, 1997
ADDITIONAL ISSUE DATE:                        October 15, 1997
MATURITY DATE:                                   July 15, 2002
Ref CPI on DATED DATE:                               160.15484
TABLE FOR MONTH OF:                                  July 1998
NUMBER OF DAYS IN MONTH:                                    31

CPI-U (NSA) March 1998                                   162.2
CPI-U (NSA) April 1998                                   162.5
CPI-U (NSA) May 1998                                     162.8

Ref CPI and Index Ratios for July 1998:

Month      Calendar Day        Year    Ref CPI    Index Ratio

July                 1         1998    162.50000       1.01464
July                 2         1998    162.50968       1.01470
July                 3         1998    162.51935       1.01476
July                 4         1998    162.52903       1.01482
July                 5         1998    162.53871       1.01488
July                 6         1998    162.54839       1.01495
July                 7         1998    162.55806       1.01501
July                 8         1998    162.56774       1.01507
July                 9         1998    162.57742       1.01513
July                10         1998    162.58710       1.01519
July                11         1998    162.59677       1.01525
July                12         1998    162.60645       1.01531
July                13         1998    162.61613       1.01537
July                14         1998    162.62581       1.01543
July                15         1998    162.63548       1.01549
July                16         1998    162.64516       1.01555
July                17         1998    162.65484       1.01561
July                18         1998    162.66452       1.01567
July                19         1998    162.67419       1.01573
July                20         1998    162.68387       1.01579
July                21         1998    162.69355       1.01585
July                22         1998    162.70323       1.01591
July                23         1998    162.71290       1.01597
July                24         1998    162.72258       1.01603
July                25         1998    162.73226       1.01609
July                26         1998    162.74194       1.01615
July                27         1998    162.75161       1.01621
July                28         1998    162.76129       1.01627
July                29         1998    162.77097       1.01634
July                30         1998    162.78065       1.01640
July                31         1998    162.79032       1.01646