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4-1/4% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for November 2004

Contact: Office of Financing      202-504-3550
DESCRIPTION:                            Series A-2010
CUSIP NUMBER:                           9128275W8
DATED DATE:                             January 15, 2000
ORIGINAL ISSUE DATE:                    January 18, 2000
ADDITIONAL ISSUE DATE:                  July 17, 2000
MATURITY DATE:                          January 15, 2010
Ref CPI on DATED DATE:                  168.24516
TABLE FOR MONTH OF:                     November 2004
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) July 2004                   189.4
CPI-U (NSA) August 2004                 189.5
CPI-U (NSA) September 2004              189.9

Month   Calendar Day    Year    Ref CPI       Index Ratio

November        1       2004    189.50000       1.12633
November        2       2004    189.51333       1.12641
November        3       2004    189.52667       1.12649
November        4       2004    189.54000       1.12657
November        5       2004    189.55333       1.12665
November        6       2004    189.56667       1.12673
November        7       2004    189.58000       1.12681
November        8       2004    189.59333       1.12689
November        9       2004    189.60667       1.12697
November        10      2004    189.62000       1.12705
November        11      2004    189.63333       1.12713
November        12      2004    189.64667       1.12720
November        13      2004    189.66000       1.12728
November        14      2004    189.67333       1.12736
November        15      2004    189.68667       1.12744
November        16      2004    189.70000       1.12752
November        17      2004    189.71333       1.12760
November        18      2004    189.72667       1.12768
November        19      2004    189.74000       1.12776
November        20      2004    189.75333       1.12784
November        21      2004    189.76667       1.12792
November        22      2004    189.78000       1.12800
November        23      2004    189.79333       1.12808
November        24      2004    189.80667       1.12816
November        25      2004    189.82000       1.12823
November        26      2004    189.83333       1.12831
November        27      2004    189.84667       1.12839
November        28      2004    189.86000       1.12847
November        29      2004    189.87333       1.12855
November        30      2004    189.88667       1.12863