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3-3/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for January 2000

Contact: Office of Financing      202-504-3550

DESCRIPTION:                            Series A-2007
CUSIP NUMBER:                           9128272M3
DATED DATE:                             January 15, 1997
ORIGINAL ISSUE DATE:                    February 6, 1997
ADDITIONAL ISSUE DATE:                  April 15, 1997
MATURITY DATE:                          January 15, 2007
Ref CPI on DATED DATE:                  158.43548
TABLE FOR MONTH OF:                     January 2000
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 1999              167.9
CPI-U (NSA) October 1999                168.2
CPI-U (NSA) November 1999               168.3

Month   Calendar Day    Year    Ref CPI      Index Ratio

January         1       2000    168.20000       1.06163
January         2       2000    168.20323       1.06165
January         3       2000    168.20645       1.06167
January         4       2000    168.20968       1.06169
January         5       2000    168.21290       1.06171
January         6       2000    168.21613       1.06173
January         7       2000    168.21935       1.06175
January         8       2000    168.22258       1.06177
January         9       2000    168.22581       1.06179
January         10      2000    168.22903       1.06181
January         11      2000    168.23226       1.06183
January         12      2000    168.23548       1.06185
January         13      2000    168.23871       1.06188
January         14      2000    168.24194       1.06190
January         15      2000    168.24516       1.06192
January         16      2000    168.24839       1.06194
January         17      2000    168.25161       1.06196
January         18      2000    168.25484       1.06198
January         19      2000    168.25806       1.06200
January         20      2000    168.26129       1.06202
January         21      2000    168.26452       1.06204
January         22      2000    168.26774       1.06206
January         23      2000    168.27097       1.06208
January         24      2000    168.27419       1.06210
January         25      2000    168.27742       1.06212
January         26      2000    168.28065       1.06214
January         27      2000    168.28387       1.06216
January         28      2000    168.28710       1.06218
January         29      2000    168.29032       1.06220
January         30      2000    168.29355       1.06222
January         31      2000    168.29677       1.06224