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3-5/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for July 2001

Contact: Office of Financing      202-504-3550

DESCRIPTION:                            Series A-2008
CUSIP NUMBER:                           9128273T7
DATED DATE:                             January 15, 1998
ORIGINAL ISSUE DATE:                    January 15, 1998
ADDITIONAL ISSUE DATE:                  October 15, 1998
MATURITY DATE:                          January 15, 2008
Ref CPI on DATED DATE:                  161.55484
TABLE FOR MONTH OF:                     July 2001
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) March 2001                  176.2
CPI-U (NSA) April 2001                  176.9
CPI-U (NSA) May 2001                    177.7

Month   Calendar Day    Year    Ref CPI      Index Ratio

July            1       2001    176.90000       1.09498
July            2       2001    176.92581       1.09514
July            3       2001    176.95161       1.09530
July            4       2001    176.97742       1.09546
July            5       2001    177.00323       1.09562
July            6       2001    177.02903       1.09578
July            7       2001    177.05484       1.09594
July            8       2001    177.08065       1.09610
July            9       2001    177.10645       1.09626
July            10      2001    177.13226       1.09642
July            11      2001    177.15806       1.09658
July            12      2001    177.18387       1.09674
July            13      2001    177.20968       1.09690
July            14      2001    177.23548       1.09706
July            15      2001    177.26129       1.09722
July            16      2001    177.28710       1.09738
July            17      2001    177.31290       1.09754
July            18      2001    177.33871       1.09770
July            19      2001    177.36452       1.09786
July            20      2001    177.39032       1.09802
July            21      2001    177.41613       1.09818
July            22      2001    177.44194       1.09834
July            23      2001    177.46774       1.09850
July            24      2001    177.49355       1.09866
July            25      2001    177.51935       1.09882
July            26      2001    177.54516       1.09898
July            27      2001    177.57097       1.09914
July            28      2001    177.59677       1.09930
July            29      2001    177.62258       1.09946
July            30      2001    177.64839       1.09962
July            31      2001    177.67419       1.09978