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1-7/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for February 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2013
CUSIP NUMBER:                           912828BD1
DATED DATE:                             July 15, 2003
ORIGINAL ISSUE DATE:                    July 15, 2003
ADDITIONAL ISSUE DATE:                  October 15, 2003
MATURITY DATE:                          July 15, 2013
Ref CPI on DATED DATE:                  183.66452
TABLE FOR MONTH OF:                     February 2004
NUMBER OF DAYS IN MONTH:                29

CPI-U (NSA) October 2003                185.0
CPI-U (NSA) November 2003               184.5
CPI-U (NSA) December 2003               184.3

Month   Calendar Day    Year    Ref CPI       Index Ratio

February        1       2004    184.50000       1.00455
February        2       2004    184.49310       1.00451
February        3       2004    184.48621       1.00447
February        4       2004    184.47931       1.00444
February        5       2004    184.47241       1.00440
February        6       2004    184.46552       1.00436
February        7       2004    184.45862       1.00432
February        8       2004    184.45172       1.00429
February        9       2004    184.44483       1.00425
February        10      2004    184.43793       1.00421
February        11      2004    184.43103       1.00417
February        12      2004    184.42414       1.00414
February        13      2004    184.41724       1.00410
February        14      2004    184.41034       1.00406
February        15      2004    184.40345       1.00402
February        16      2004    184.39655       1.00399
February        17      2004    184.38966       1.00395
February        18      2004    184.38276       1.00391
February        19      2004    184.37586       1.00387
February        20      2004    184.36897       1.00384
February        21      2004    184.36207       1.00380
February        22      2004    184.35517       1.00376
February        23      2004    184.34828       1.00372
February        24      2004    184.34138       1.00369
February        25      2004    184.33448       1.00365
February        26      2004    184.32759       1.00361
February        27      2004    184.32069       1.00357
February        28      2004    184.31379       1.00354
February        29      2004    184.30690       1.00350