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

Ref CPI and Index Ratios for December 2003

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:                     December 2003
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) August 2003                 184.6
CPI-U (NSA) September 2003              185.2
CPI-U (NSA) October 2003                185.0

Month   Calendar Day    Year    Ref CPI       Index Ratio

December        1       2003    185.20000       1.14636
December        2       2003    185.19355       1.14632
December        3       2003    185.18710       1.14628
December        4       2003    185.18065       1.14624
December        5       2003    185.17419       1.14620
December        6       2003    185.16774       1.14616
December        7       2003    185.16129       1.14612
December        8       2003    185.15484       1.14608
December        9       2003    185.14839       1.14604
December        10      2003    185.14194       1.14600
December        11      2003    185.13548       1.14596
December        12      2003    185.12903       1.14592
December        13      2003    185.12258       1.14588
December        14      2003    185.11613       1.14584
December        15      2003    185.10968       1.14580
December        16      2003    185.10323       1.14576
December        17      2003    185.09677       1.14572
December        18      2003    185.09032       1.14568
December        19      2003    185.08387       1.14564
December        20      2003    185.07742       1.14560
December        21      2003    185.07097       1.14556
December        22      2003    185.06452       1.14552
December        23      2003    185.05806       1.14548
December        24      2003    185.05161       1.14544
December        25      2003    185.04516       1.14540
December        26      2003    185.03871       1.14536
December        27      2003    185.03226       1.14532
December        28      2003    185.02581       1.14528
December        29      2003    185.01935       1.14524
December        30      2003    185.01290       1.14520
December        31      2003    185.00645       1.14516