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

Ref CPI and Index Ratios for September 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
MATURITY DATE:                          April 15, 2032
Ref CPI on DATED DATE:                  177.50000
TABLE FOR MONTH OF:                     September 2003
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) May 2003                    183.5
CPI-U (NSA) June 2003                   183.7
CPI-U (NSA) July 2003                   183.9

Month   Calendar Day    Year     Ref CPI      Index Ratio

September       1       2003    183.70000       1.03493
September       2       2003    183.70667       1.03497
September       3       2003    183.71333       1.03500
September       4       2003    183.72000       1.03504
September       5       2003    183.72667       1.03508
September       6       2003    183.73333       1.03512
September       7       2003    183.74000       1.03515
September       8       2003    183.74667       1.03519
September       9       2003    183.75333       1.03523
September       10      2003    183.76000       1.03527
September       11      2003    183.76667       1.03531
September       12      2003    183.77333       1.03534
September       13      2003    183.78000       1.03538
September       14      2003    183.78667       1.03542
September       15      2003    183.79333       1.03546
September       16      2003    183.80000       1.03549
September       17      2003    183.80667       1.03553
September       18      2003    183.81333       1.03557
September       19      2003    183.82000       1.03561
September       20      2003    183.82667       1.03564
September       21      2003    183.83333       1.03568
September       22      2003    183.84000       1.03572
September       23      2003    183.84667       1.03576
September       24      2003    183.85333       1.03579
September       25      2003    183.86000       1.03583
September       26      2003    183.86667       1.03587
September       27      2003    183.87333       1.03591
September       28      2003    183.88000       1.03594
September       29      2003    183.88667       1.03598
September       30      2003    183.89333       1.03602