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

Ref CPI and Index Ratios for July 2002

Contact: Office of Financing       202-504-3550

DESCRIPTION:                            Series J-2002
CUSIP NUMBER:                           9128273A8
DATED DATE:                             July 15, 1997
ORIGINAL ISSUE DATE:                    July 15, 1997
ADDITIONAL ISSUE DATE:                  October 15, 1997
MATURITY DATE:                          July 15, 2002
Ref CPI on DATED DATE:                  160.15484
TABLE FOR MONTH OF:                     July 2002
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) March 2002                  178.8
CPI-U (NSA) April 2002                  179.8
CPI-U (NSA) May 2002                    179.8

Month   Calendar Day    Year     Ref CPI      Index Ratio

July            1       2002    179.80000       1.12266
July            2       2002    179.80000       1.12266
July            3       2002    179.80000       1.12266
July            4       2002    179.80000       1.12266
July            5       2002    179.80000       1.12266
July            6       2002    179.80000       1.12266
July            7       2002    179.80000       1.12266
July            8       2002    179.80000       1.12266
July            9       2002    179.80000       1.12266
July            10      2002    179.80000       1.12266
July            11      2002    179.80000       1.12266
July            12      2002    179.80000       1.12266
July            13      2002    179.80000       1.12266
July            14      2002    179.80000       1.12266
July            15      2002    179.80000       1.12266