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3-1/2% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for March 2003

Contact: Office of Financing      202-504-3550

DESCRIPTION:                            Series A-2011
CUSIP NUMBER:                           9128276R8
DATED DATE:                             January 15, 2001
ORIGINAL ISSUE DATE:                    January 16, 2001
ADDITIONAL ISSUE DATE:                  July 16, 2001
MATURITY DATE:                          January 15, 2011
Ref CPI on DATED DATE:                  174.04516
TABLE FOR MONTH OF:                     March 2003
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) November 2002               181.3
CPI-U (NSA) December 2002               180.9
CPI-U (NSA) January 2003                181.7

Month   Calendar Day    Year    Ref CPI       Index Ratio

March           1       2003    180.90000       1.03939
March           2       2003    180.92581       1.03953
March           3       2003    180.95161       1.03968
March           4       2003    180.97742       1.03983
March           5       2003    181.00323       1.03998
March           6       2003    181.02903       1.04013
March           7       2003    181.05484       1.04028
March           8       2003    181.08065       1.04042
March           9       2003    181.10645       1.04057
March           10      2003    181.13226       1.04072
March           11      2003    181.15806       1.04087
March           12      2003    181.18387       1.04102
March           13      2003    181.20968       1.04116
March           14      2003    181.23548       1.04131
March           15      2003    181.26129       1.04146
March           16      2003    181.28710       1.04161
March           17      2003    181.31290       1.04176
March           18      2003    181.33871       1.04191
March           19      2003    181.36452       1.04205
March           20      2003    181.39032       1.04220
March           21      2003    181.41613       1.04235
March           22      2003    181.44194       1.04250
March           23      2003    181.46774       1.04265
March           24      2003    181.49355       1.04280
March           25      2003    181.51935       1.04294
March           26      2003    181.54516       1.04309
March           27      2003    181.57097       1.04324
March           28      2003    181.59677       1.04339
March           29      2003    181.62258       1.04354
March           30      2003    181.64839       1.04369
March           31      2003    181.67419       1.04383