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3-5/8% TREASURY 30-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for December 2003

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2028
CUSIP NUMBER:                           912810FD5
DATED DATE:                             April 15, 1998
ORIGINAL ISSUE DATE:                    April 15, 1998
ADDITIONAL ISSUE DATE:                  July 15, 1998
MATURITY DATE:                          April 15, 2028
Ref CPI on DATED DATE:                  161.74000
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       1.14505
December        2       2003    185.19355       1.14501
December        3       2003    185.18710       1.14497
December        4       2003    185.18065       1.14493
December        5       2003    185.17419       1.14489
December        6       2003    185.16774       1.14485
December        7       2003    185.16129       1.14481
December        8       2003    185.15484       1.14477
December        9       2003    185.14839       1.14473
December        10      2003    185.14194       1.14469
December        11      2003    185.13548       1.14465
December        12      2003    185.12903       1.14461
December        13      2003    185.12258       1.14457
December        14      2003    185.11613       1.14453
December        15      2003    185.10968       1.14449
December        16      2003    185.10323       1.14445
December        17      2003    185.09677       1.14441
December        18      2003    185.09032       1.14437
December        19      2003    185.08387       1.14433
December        20      2003    185.07742       1.14429
December        21      2003    185.07097       1.14425
December        22      2003    185.06452       1.14421
December        23      2003    185.05806       1.14417
December        24      2003    185.05161       1.14413
December        25      2003    185.04516       1.14409
December        26      2003    185.03871       1.14405
December        27      2003    185.03226       1.14401
December        28      2003    185.02581       1.14397
December        29      2003    185.01935       1.14393
December        30      2003    185.01290       1.14389
December        31      2003    185.00645       1.14385