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

Ref CPI and Index Ratios for August 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:                     August 2004
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) April 2004                  188.0
CPI-U (NSA) May 2004                    189.1
CPI-U (NSA) June 2004                   189.7

Month   Calendar Day    Year    Ref CPI       Index Ratio

August          1       2004    189.10000       1.02959
August          2       2004    189.11935       1.02970
August          3       2004    189.13871       1.02981
August          4       2004    189.15806       1.02991
August          5       2004    189.17742       1.03002
August          6       2004    189.19677       1.03012
August          7       2004    189.21613       1.03023
August          8       2004    189.23548       1.03033
August          9       2004    189.25484       1.03044
August          10      2004    189.27419       1.03054
August          11      2004    189.29355       1.03065
August          12      2004    189.31290       1.03075
August          13      2004    189.33226       1.03086
August          14      2004    189.35161       1.03096
August          15      2004    189.37097       1.03107
August          16      2004    189.39032       1.03118
August          17      2004    189.40968       1.03128
August          18      2004    189.42903       1.03139
August          19      2004    189.44839       1.03149
August          20      2004    189.46774       1.03160
August          21      2004    189.48710       1.03170
August          22      2004    189.50645       1.03181
August          23      2004    189.52581       1.03191
August          24      2004    189.54516       1.03202
August          25      2004    189.56452       1.03212
August          26      2004    189.58387       1.03223
August          27      2004    189.60323       1.03233
August          28      2004    189.62258       1.03244
August          29      2004    189.64194       1.03255
August          30      2004    189.66129       1.03265
August          31      2004    189.68065       1.03276