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3-3/8% TREASURY 30-1/2-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for June 2003

Contact: Office of Financing       202-504-3550

DESCRIPTION:                            Bonds of April 2032
CUSIP NUMBER:                           912810FQ6
DATED DATE:                             October 15, 2001
ORIGINAL ISSUE DATE:                    October 15, 2001
ADDITIONAL ISSUE DATE:
MATURITY DATE:                          April 15, 2032
Ref CPI on DATED DATE:                  177.50000
TABLE FOR MONTH OF:                     June 2003
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2003               183.1
CPI-U (NSA) March 2003                  184.2
CPI-U (NSA) April 2003                  183.8

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2003    184.20000       1.03775
June            2       2003    184.18667       1.03767
June            3       2003    184.17333       1.03760
June            4       2003    184.16000       1.03752
June            5       2003    184.14667       1.03745
June            6       2003    184.13333       1.03737
June            7       2003    184.12000       1.03730
June            8       2003    184.10667       1.03722
June            9       2003    184.09333       1.03715
June            10      2003    184.08000       1.03707
June            11      2003    184.06667       1.03700
June            12      2003    184.05333       1.03692
June            13      2003    184.04000       1.03685
June            14      2003    184.02667       1.03677
June            15      2003    184.01333       1.03669
June            16      2003    184.00000       1.03662
June            17      2003    183.98667       1.03654
June            18      2003    183.97333       1.03647
June            19      2003    183.96000       1.03639
June            20      2003    183.94667       1.03632
June            21      2003    183.93333       1.03624
June            22      2003    183.92000       1.03617
June            23      2003    183.90667       1.03609
June            24      2003    183.89333       1.03602
June            25      2003    183.88000       1.03594
June            26      2003    183.86667       1.03587
June            27      2003    183.85333       1.03579
June            28      2003    183.84000       1.03572
June            29      2003    183.82667       1.03564
June            30      2003    183.81333       1.03557