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3-7/8% TREASURY 30-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for January 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2029
CUSIP NUMBER:                           912810FH6
DATED DATE:                             April 15, 1999
ORIGINAL ISSUE DATE:                    April 15, 1999
ADDITIONAL ISSUE DATE:                  October 15, 1999
                                        October 16, 2000
MATURITY DATE:                          April 15, 2029
Ref CPI on DATED DATE:                  164.39333
TABLE FOR MONTH OF:                     January 2004
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 2003              185.2
CPI-U (NSA) October 2003                185.0
CPI-U (NSA) November 2003               184.5

Month   Calendar Day    Year     Ref CPI      Index Ratio

January         1       2004    185.00000       1.12535
January         2       2004    184.98387       1.12525
January         3       2004    184.96774       1.12515
January         4       2004    184.95161       1.12506
January         5       2004    184.93548       1.12496
January         6       2004    184.91935       1.12486
January         7       2004    184.90323       1.12476
January         8       2004    184.88710       1.12466
January         9       2004    184.87097       1.12456
January         10      2004    184.85484       1.12447
January         11      2004    184.83871       1.12437
January         12      2004    184.82258       1.12427
January         13      2004    184.80645       1.12417
January         14      2004    184.79032       1.12407
January         15      2004    184.77419       1.12398
January         16      2004    184.75806       1.12388
January         17      2004    184.74194       1.12378
January         18      2004    184.72581       1.12368
January         19      2004    184.70968       1.12358
January         20      2004    184.69355       1.12349
January         21      2004    184.67742       1.12339
January         22      2004    184.66129       1.12329
January         23      2004    184.64516       1.12319
January         24      2004    184.62903       1.12309
January         25      2004    184.61290       1.12300
January         26      2004    184.59677       1.12290
January         27      2004    184.58065       1.12280
January         28      2004    184.56452       1.12270
January         29      2004    184.54839       1.12260
January         30      2004    184.53226       1.12250
January         31      2004    184.51613       1.12241