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3-3/8% TREASURY 30-1/2-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for December 2002

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2032
CUSIP NUMBER:                           912810FQ6
DATED DATE:                             October 15, 2001
ORIGINAL ISSUE DATE:                    October 15, 2001
MATURITY DATE:                          April 15, 2032
Ref CPI on DATED DATE:                  177.50000
TABLE FOR MONTH OF:                     December 2002
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) August 2002                 180.7
CPI-U (NSA) September 2002              181.0
CPI-U (NSA) October 2002                181.3

Month   Calendar Day    Year    Ref CPI       Index Ratio

December        1       2002    181.00000       1.01972
December        2       2002    181.00968       1.01977
December        3       2002    181.01935       1.01983
December        4       2002    181.02903       1.01988
December        5       2002    181.03871       1.01994
December        6       2002    181.04839       1.01999
December        7       2002    181.05806       1.02005
December        8       2002    181.06774       1.02010
December        9       2002    181.07742       1.02015
December        10      2002    181.08710       1.02021
December        11      2002    181.09677       1.02026
December        12      2002    181.10645       1.02032
December        13      2002    181.11613       1.02037
December        14      2002    181.12581       1.02043
December        15      2002    181.13548       1.02048
December        16      2002    181.14516       1.02054
December        17      2002    181.15484       1.02059
December        18      2002    181.16452       1.02065
December        19      2002    181.17419       1.02070
December        20      2002    181.18387       1.02075
December        21      2002    181.19355       1.02081
December        22      2002    181.20323       1.02086
December        23      2002    181.21290       1.02092
December        24      2002    181.22258       1.02097
December        25      2002    181.23226       1.02103
December        26      2002    181.24194       1.02108
December        27      2002    181.25161       1.02114
December        28      2002    181.26129       1.02119
December        29      2002    181.27097       1.02124
December        30      2002    181.28065       1.02130
December        31      2002    181.29032       1.02135