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3-7/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for January 2004

Contact: Office of Financing      202-504-3550
DESCRIPTION:                            Series A-2009
CUSIP NUMBER:                           9128274Y5
DATED DATE:                             January 15, 1999
ORIGINAL ISSUE DATE:                    January 15, 1999
ADDITIONAL ISSUE DATE:                  July 15, 1999
MATURITY DATE:                          January 15, 2009
Ref CPI on DATED DATE:                  164.00000
TABLE FOR MONTH OF:                     January 2004
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 2003              185.2
CPI-U (NSA) October 2003                185.0
CPI-U (NSA) November 2003               184.5

Month   Calendar Day    Year    Ref CPI       Index Ratio

January         1       2004    185.00000       1.12805
January         2       2004    184.98387       1.12795
January         3       2004    184.96774       1.12785
January         4       2004    184.95161       1.12775
January         5       2004    184.93548       1.12766
January         6       2004    184.91935       1.12756
January         7       2004    184.90323       1.12746
January         8       2004    184.88710       1.12736
January         9       2004    184.87097       1.12726
January         10      2004    184.85484       1.12716
January         11      2004    184.83871       1.12707
January         12      2004    184.82258       1.12697
January         13      2004    184.80645       1.12687
January         14      2004    184.79032       1.12677
January         15      2004    184.77419       1.12667
January         16      2004    184.75806       1.12657
January         17      2004    184.74194       1.12648
January         18      2004    184.72581       1.12638
January         19      2004    184.70968       1.12628
January         20      2004    184.69355       1.12618
January         21      2004    184.67742       1.12608
January         22      2004    184.66129       1.12598
January         23      2004    184.64516       1.12589
January         24      2004    184.62903       1.12579
January         25      2004    184.61290       1.12569
January         26      2004    184.59677       1.12559
January         27      2004    184.58065       1.12549
January         28      2004    184.56452       1.12539
January         29      2004    184.54839       1.12530
January         30      2004    184.53226       1.12520
January         31      2004    184.51613       1.12510