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

Ref CPI and Index Ratios for March 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2012
CUSIP NUMBER:                           9128277J5
DATED DATE:                             January 15, 2002
ORIGINAL ISSUE DATE:                    January 15, 2002
ADDITIONAL ISSUE DATE:
MATURITY DATE:                          January 15, 2012
Ref CPI on DATED DATE:                  177.56452
TABLE FOR MONTH OF:                     March 2004
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) November 2003               184.5
CPI-U (NSA) December 2003               184.3
CPI-U (NSA) January 2004                185.2

Month   Calendar Day    Year    Ref CPI       Index Ratio

March           1       2004    184.30000       1.03793
March           2       2004    184.32903       1.03810
March           3       2004    184.35806       1.03826
March           4       2004    184.38710       1.03842
March           5       2004    184.41613       1.03859
March           6       2004    184.44516       1.03875
March           7       2004    184.47419       1.03891
March           8       2004    184.50323       1.03908
March           9       2004    184.53226       1.03924
March           10      2004    184.56129       1.03940
March           11      2004    184.59032       1.03957
March           12      2004    184.61935       1.03973
March           13      2004    184.64839       1.03989
March           14      2004    184.67742       1.04006
March           15      2004    184.70645       1.04022
March           16      2004    184.73548       1.04039
March           17      2004    184.76452       1.04055
March           18      2004    184.79355       1.04071
March           19      2004    184.82258       1.04088
March           20      2004    184.85161       1.04104
March           21      2004    184.88065       1.04120
March           22      2004    184.90968       1.04137
March           23      2004    184.93871       1.04153
March           24      2004    184.96774       1.04169
March           25      2004    184.99677       1.04186
March           26      2004    185.02581       1.04202
March           27      2004    185.05484       1.04218
March           28      2004    185.08387       1.04235
March           29      2004    185.11290       1.04251
March           30      2004    185.14194       1.04267
March           31      2004    185.17097       1.04284