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

Ref CPI and Index Ratios for January 2001

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 2001
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 2000              173.7
CPI-U (NSA) October 2000                174.0
CPI-U (NSA) November 2000               174.1

Month   Calendar Day    Year    Ref CPI      Index Ratio

January         1       2001    174.00000       1.09824
January         2       2001    174.00323       1.09826
January         3       2001    174.00645       1.09828
January         4       2001    174.00968       1.09830
January         5       2001    174.01290       1.09832
January         6       2001    174.01613       1.09834
January         7       2001    174.01935       1.09836
January         8       2001    174.02258       1.09838
January         9       2001    174.02581       1.09840
January         10      2001    174.02903       1.09842
January         11      2001    174.03226       1.09844
January         12      2001    174.03548       1.09846
January         13      2001    174.03871       1.09848
January         14      2001    174.04194       1.09850
January         15      2001    174.04516       1.09852
January         16      2001    174.04839       1.09854
January         17      2001    174.05161       1.09856
January         18      2001    174.05484       1.09858
January         19      2001    174.05806       1.09861
January         20      2001    174.06129       1.09863
January         21      2001    174.06452       1.09865
January         22      2001    174.06774       1.09867
January         23      2001    174.07097       1.09869
January         24      2001    174.07419       1.09871
January         25      2001    174.07742       1.09873
January         26      2001    174.08065       1.09875
January         27      2001    174.08387       1.09877
January         28      2001    174.08710       1.09879
January         29      2001    174.09032       1.09881
January         30      2001    174.09355       1.09883
January         31      2001    174.09677       1.09885