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

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

CPI-U (NSA) March 2004                  187.4
CPI-U (NSA) April 2004                  188.0
CPI-U (NSA) May 2004                    189.1

Month   Calendar Day    Year    Ref CPI       Index Ratio

July            1       2004    188.00000       1.14360
July            2       2004    188.03548       1.14381
July            3       2004    188.07097       1.14403
July            4       2004    188.10645       1.14425
July            5       2004    188.14194       1.14446
July            6       2004    188.17742       1.14468
July            7       2004    188.21290       1.14489
July            8       2004    188.24839       1.14511
July            9       2004    188.28387       1.14533
July            10      2004    188.31935       1.14554
July            11      2004    188.35484       1.14576
July            12      2004    188.39032       1.14597
July            13      2004    188.42581       1.14619
July            14      2004    188.46129       1.14640
July            15      2004    188.49677       1.14662
July            16      2004    188.53226       1.14684
July            17      2004    188.56774       1.14705
July            18      2004    188.60323       1.14727
July            19      2004    188.63871       1.14748
July            20      2004    188.67419       1.14770
July            21      2004    188.70968       1.14792
July            22      2004    188.74516       1.14813
July            23      2004    188.78065       1.14835
July            24      2004    188.81613       1.14856
July            25      2004    188.85161       1.14878
July            26      2004    188.88710       1.14899
July            27      2004    188.92258       1.14921
July            28      2004    188.95806       1.14943
July            29      2004    188.99355       1.14964
July            30      2004    189.02903       1.14986
July            31      2004    189.06452       1.15007