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

Ref CPI and Index Ratios for July 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:                     July 2000
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) March 2000                  171.1
CPI-U (NSA) April 2000                  171.2
CPI-U (NSA) May 2000                    171.3

Month   Calendar Day    Year    Ref CPI       Index Ratio

July            1       2000    171.20000       1.08057
July            2       2000    171.20323       1.08059
July            3       2000    171.20645       1.08061
July            4       2000    171.20968       1.08063
July            5       2000    171.21290       1.08065
July            6       2000    171.21613       1.08067
July            7       2000    171.21935       1.08069
July            8       2000    171.22258       1.08071
July            9       2000    171.22581       1.08073
July            10      2000    171.22903       1.08075
July            11      2000    171.23226       1.08077
July            12      2000    171.23548       1.08079
July            13      2000    171.23871       1.08081
July            14      2000    171.24194       1.08083
July            15      2000    171.24516       1.08085
July            16      2000    171.24839       1.08087
July            17      2000    171.25161       1.08089
July            18      2000    171.25484       1.08091
July            19      2000    171.25806       1.08093
July            20      2000    171.26129       1.08095
July            21      2000    171.26452       1.08097
July            22      2000    171.26774       1.08099
July            23      2000    171.27097       1.08101
July            24      2000    171.27419       1.08103
July            25      2000    171.27742       1.08105
July            26      2000    171.28065       1.08108
July            27      2000    171.28387       1.08110
July            28      2000    171.28710       1.08112
July            29      2000    171.29032       1.08114
July            30      2000    171.29355       1.08116
July            31      2000    171.29677       1.08118