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3-5/8% TREASURY 30-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for March 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2028
CUSIP NUMBER:                           912810FD5
DATED DATE:                             April 15, 1998
ORIGINAL ISSUE DATE:                    April 15, 1998
ADDITIONAL ISSUE DATE:                  July 15, 1998
MATURITY DATE:                          April 15, 2028
Ref CPI on DATED DATE:                  161.74000
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       1.13948
March           2       2004    184.32903       1.13966
March           3       2004    184.35806       1.13984
March           4       2004    184.38710       1.14002
March           5       2004    184.41613       1.14020
March           6       2004    184.44516       1.14038
March           7       2004    184.47419       1.14056
March           8       2004    184.50323       1.14074
March           9       2004    184.53226       1.14092
March           10      2004    184.56129       1.14110
March           11      2004    184.59032       1.14128
March           12      2004    184.61935       1.14146
March           13      2004    184.64839       1.14164
March           14      2004    184.67742       1.14182
March           15      2004    184.70645       1.14200
March           16      2004    184.73548       1.14218
March           17      2004    184.76452       1.14236
March           18      2004    184.79355       1.14253
March           19      2004    184.82258       1.14271
March           20      2004    184.85161       1.14289
March           21      2004    184.88065       1.14307
March           22      2004    184.90968       1.14325
March           23      2004    184.93871       1.14343
March           24      2004    184.96774       1.14361
March           25      2004    184.99677       1.14379
March           26      2004    185.02581       1.14397
March           27      2004    185.05484       1.14415
March           28      2004    185.08387       1.14433
March           29      2004    185.11290       1.14451
March           30      2004    185.14194       1.14469
March           31      2004    185.17097       1.14487