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3-5/8% 30-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for September 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            TIPS 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:                     September 2004
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) May 2004                    189.1
CPI-U (NSA) June 2004                   189.7
CPI-U (NSA) July 2004                   189.4

Month   Calendar Day    Year    Ref CPI       Index Ratio

September       1       2004    189.70000       1.17287
September       2       2004    189.69000       1.17281
September       3       2004    189.68000       1.17275
September       4       2004    189.67000       1.17268
September       5       2004    189.66000       1.17262
September       6       2004    189.65000       1.17256
September       7       2004    189.64000       1.17250
September       8       2004    189.63000       1.17244
September       9       2004    189.62000       1.17238
September       10      2004    189.61000       1.17231
September       11      2004    189.60000       1.17225
September       12      2004    189.59000       1.17219
September       13      2004    189.58000       1.17213
September       14      2004    189.57000       1.17207
September       15      2004    189.56000       1.17200
September       16      2004    189.55000       1.17194
September       17      2004    189.54000       1.17188
September       18      2004    189.53000       1.17182
September       19      2004    189.52000       1.17176
September       20      2004    189.51000       1.17170
September       21      2004    189.50000       1.17163
September       22      2004    189.49000       1.17157
September       23      2004    189.48000       1.17151
September       24      2004    189.47000       1.17145
September       25      2004    189.46000       1.17139
September       26      2004    189.45000       1.17132
September       27      2004    189.44000       1.17126
September       28      2004    189.43000       1.17120
September       29      2004    189.42000       1.17114
September       30      2004    189.41000       1.17108