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

Ref CPI and Index Ratios for November 2003

Contact: Office of Financing       202-504-3550
DESCRIPTION:                           Series A-2012
CUSIP NUMBER:                          9128277J5
DATED DATE:                            January 15, 2002
ORIGINAL ISSUE DATE:                   January 15, 2002
ADDITIONAL ISSUE DATE:
MATURITY DATE:                         January 15, 2012
Ref CPI on DATED DATE:                 177.56452
TABLE FOR MONTH OF:                    November 2003
NUMBER OF DAYS IN MONTH:               30

CPI-U (NSA) July 2003                  183.9
CPI-U (NSA) August 2003                184.6
CPI-U (NSA) September 2003             185.2

Month   Calendar Day    Year    Ref CPI       Index Ratio

November        1       2003    184.60000       1.03962
November        2       2003    184.62000       1.03973
November        3       2003    184.64000       1.03985
November        4       2003    184.66000       1.03996
November        5       2003    184.68000       1.04007
November        6       2003    184.70000       1.04019
November        7       2003    184.72000       1.04030
November        8       2003    184.74000       1.04041
November        9       2003    184.76000       1.04052
November        10      2003    184.78000       1.04064
November        11      2003    184.80000       1.04075
November        12      2003    184.82000       1.04086
November        13      2003    184.84000       1.04097
November        14      2003    184.86000       1.04109
November        15      2003    184.88000       1.04120
November        16      2003    184.90000       1.04131
November        17      2003    184.92000       1.04142
November        18      2003    184.94000       1.04154
November        19      2003    184.96000       1.04165
November        20      2003    184.98000       1.04176
November        21      2003    185.00000       1.04187
November        22      2003    185.02000       1.04199
November        23      2003    185.04000       1.04210
November        24      2003    185.06000       1.04221
November        25      2003    185.08000       1.04233
November        26      2003    185.10000       1.04244
November        27      2003    185.12000       1.04255
November        28      2003    185.14000       1.04266
November        29      2003    185.16000       1.04278
November        30      2003    185.18000       1.04289