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

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

CPI-U (NSA) January 2004                185.2
CPI-U (NSA) February 2004               186.2
CPI-U (NSA) March 2004                  187.4

Month   Calendar Day    Year    Ref CPI       Index Ratio

May             1       2004    186.20000       1.13265
May             2       2004    186.23871       1.13288
May             3       2004    186.27742       1.13312
May             4       2004    186.31613       1.13336
May             5       2004    186.35484       1.13359
May             6       2004    186.39355       1.13383
May             7       2004    186.43226       1.13406
May             8       2004    186.47097       1.13430
May             9       2004    186.50968       1.13453
May             10      2004    186.54839       1.13477
May             11      2004    186.58710       1.13500
May             12      2004    186.62581       1.13524
May             13      2004    186.66452       1.13548
May             14      2004    186.70323       1.13571
May             15      2004    186.74194       1.13595
May             16      2004    186.78065       1.13618
May             17      2004    186.81935       1.13642
May             18      2004    186.85806       1.13665
May             19      2004    186.89677       1.13689
May             20      2004    186.93548       1.13712
May             21      2004    186.97419       1.13736
May             22      2004    187.01290       1.13759
May             23      2004    187.05161       1.13783
May             24      2004    187.09032       1.13807
May             25      2004    187.12903       1.13830
May             26      2004    187.16774       1.13854
May             27      2004    187.20645       1.13877
May             28      2004    187.24516       1.13901
May             29      2004    187.28387       1.13924
May             30      2004    187.32258       1.13948
May             31      2004    187.36129       1.13971