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1-7/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for November 2003

Contact: Office of Financing       202-504-3550
DESCRIPTION:                           Series C-2013
CUSIP NUMBER:                          912828BD1
DATED DATE:                            July 15, 2003
ORIGINAL ISSUE DATE:                   July 15, 2003
ADDITIONAL ISSUE DATE:                 October 15, 2003
MATURITY DATE:                         July 15, 2013
Ref CPI on DATED DATE:                 183.66452
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       1.00509
November        2       2003    184.62000       1.00520
November        3       2003    184.64000       1.00531
November        4       2003    184.66000       1.00542
November        5       2003    184.68000       1.00553
November        6       2003    184.70000       1.00564
November        7       2003    184.72000       1.00575
November        8       2003    184.74000       1.00586
November        9       2003    184.76000       1.00596
November        10      2003    184.78000       1.00607
November        11      2003    184.80000       1.00618
November        12      2003    184.82000       1.00629
November        13      2003    184.84000       1.00640
November        14      2003    184.86000       1.00651
November        15      2003    184.88000       1.00662
November        16      2003    184.90000       1.00673
November        17      2003    184.92000       1.00684
November        18      2003    184.94000       1.00694
November        19      2003    184.96000       1.00705
November        20      2003    184.98000       1.00716
November        21      2003    185.00000       1.00727
November        22      2003    185.02000       1.00738
November        23      2003    185.04000       1.00749
November        24      2003    185.06000       1.00760
November        25      2003    185.08000       1.00771
November        26      2003    185.10000       1.00782
November        27      2003    185.12000       1.00792
November        28      2003    185.14000       1.00803
November        29      2003    185.16000       1.00814
November        30      2003    185.18000       1.00825