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3% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for June 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2012
CUSIP NUMBER:                           912828AF7
DATED DATE:                             July 15, 2002
ORIGINAL ISSUE DATE:                    July 15, 2002
ADDITIONAL ISSUE DATE:                  October 15, 2002
                                        January 15, 2003
MATURITY DATE:                          July 15, 2012
Ref CPI on DATED DATE:                  179.80000
TABLE FOR MONTH OF:                     June 2004
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2004               186.2
CPI-U (NSA) March 2004                  187.4
CPI-U (NSA) April 2004                  188.0

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2004    187.40000       1.04227
June            2       2004    187.42000       1.04238
June            3       2004    187.44000       1.04249
June            4       2004    187.46000       1.04260
June            5       2004    187.48000       1.04271
June            6       2004    187.50000       1.04283
June            7       2004    187.52000       1.04294
June            8       2004    187.54000       1.04305
June            9       2004    187.56000       1.04316
June            10      2004    187.58000       1.04327
June            11      2004    187.60000       1.04338
June            12      2004    187.62000       1.04349
June            13      2004    187.64000       1.04360
June            14      2004    187.66000       1.04372
June            15      2004    187.68000       1.04383
June            16      2004    187.70000       1.04394
June            17      2004    187.72000       1.04405
June            18      2004    187.74000       1.04416
June            19      2004    187.76000       1.04427
June            20      2004    187.78000       1.04438
June            21      2004    187.80000       1.04449
June            22      2004    187.82000       1.04461
June            23      2004    187.84000       1.04472
June            24      2004    187.86000       1.04483
June            25      2004    187.88000       1.04494
June            26      2004    187.90000       1.04505
June            27      2004    187.92000       1.04516
June            28      2004    187.94000       1.04527
June            29      2004    187.96000       1.04538
June            30      2004    187.98000       1.04549