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

Ref CPI and Index Ratios for May 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:                     May 2001
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) January 2001                175.1
CPI-U (NSA) February 2001               175.8
CPI-U (NSA) March 2001                  176.2

Month   Calendar Day    Year    Ref CPI      Index Ratio

May             1       2001    175.80000       1.10960
May             2       2001    175.81290       1.10968
May             3       2001    175.82581       1.10976
May             4       2001    175.83871       1.10984
May             5       2001    175.85161       1.10993
May             6       2001    175.86452       1.11001
May             7       2001    175.87742       1.11009
May             8       2001    175.89032       1.11017
May             9       2001    175.90323       1.11025
May             10      2001    175.91613       1.11033
May             11      2001    175.92903       1.11041
May             12      2001    175.94194       1.11050
May             13      2001    175.95484       1.11058
May             14      2001    175.96774       1.11066
May             15      2001    175.98065       1.11074
May             16      2001    175.99355       1.11082
May             17      2001    176.00645       1.11090
May             18      2001    176.01935       1.11098
May             19      2001    176.03226       1.11107
May             20      2001    176.04516       1.11115
May             21      2001    176.05806       1.11123
May             22      2001    176.07097       1.11131
May             23      2001    176.08387       1.11139
May             24      2001    176.09677       1.11147
May             25      2001    176.10968       1.11155
May             26      2001    176.12258       1.11164
May             27      2001    176.13548       1.11172
May             28      2001    176.14839       1.11180
May             29      2001    176.16129       1.11188
May             30      2001    176.17419       1.11196
May             31      2001    176.18710       1.11204