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2% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for June 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2014
CUSIP NUMBER:                           912828BW9
DATED DATE:                             January 15, 2004
ORIGINAL ISSUE DATE:                    January 15, 2004
ADDITIONAL ISSUE DATE:                  April 15, 2004
MATURITY DATE:                          January 15, 2014
Ref CPI on DATED DATE:                  184.77419
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       1.01421
June            2       2004    187.42000       1.01432
June            3       2004    187.44000       1.01443
June            4       2004    187.46000       1.01454
June            5       2004    187.48000       1.01464
June            6       2004    187.50000       1.01475
June            7       2004    187.52000       1.01486
June            8       2004    187.54000       1.01497
June            9       2004    187.56000       1.01508
June            10      2004    187.58000       1.01519
June            11      2004    187.60000       1.01529
June            12      2004    187.62000       1.01540
June            13      2004    187.64000       1.01551
June            14      2004    187.66000       1.01562
June            15      2004    187.68000       1.01573
June            16      2004    187.70000       1.01583
June            17      2004    187.72000       1.01594
June            18      2004    187.74000       1.01605
June            19      2004    187.76000       1.01616
June            20      2004    187.78000       1.01627
June            21      2004    187.80000       1.01638
June            22      2004    187.82000       1.01648
June            23      2004    187.84000       1.01659
June            24      2004    187.86000       1.01670
June            25      2004    187.88000       1.01681
June            26      2004    187.90000       1.01692
June            27      2004    187.92000       1.01703
June            28      2004    187.94000       1.01713
June            29      2004    187.96000       1.01724
June            30      2004    187.98000       1.01735