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3-3/8% TREASURY 30-1/2-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for February 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2032
CUSIP NUMBER:                           912810FQ6
DATED DATE:                             October 15, 2001
ORIGINAL ISSUE DATE:                    October 15, 2001
MATURITY DATE:                          April 15, 2032
Ref CPI on DATED DATE:                  177.50000
TABLE FOR MONTH OF:                     February 2004
NUMBER OF DAYS IN MONTH:                29

CPI-U (NSA) October 2003                185.0
CPI-U (NSA) November 2003               184.5
CPI-U (NSA) December 2003               184.3

Month   Calendar Day    Year    Ref CPI       Index Ratio

February        1       2004    184.50000       1.03944
February        2       2004    184.49310       1.03940
February        3       2004    184.48621       1.03936
February        4       2004    184.47931       1.03932
February        5       2004    184.47241       1.03928
February        6       2004    184.46552       1.03924
February        7       2004    184.45862       1.03920
February        8       2004    184.45172       1.03916
February        9       2004    184.44483       1.03913
February        10      2004    184.43793       1.03909
February        11      2004    184.43103       1.03905
February        12      2004    184.42414       1.03901
February        13      2004    184.41724       1.03897
February        14      2004    184.41034       1.03893
February        15      2004    184.40345       1.03889
February        16      2004    184.39655       1.03885
February        17      2004    184.38966       1.03881
February        18      2004    184.38276       1.03878
February        19      2004    184.37586       1.03874
February        20      2004    184.36897       1.03870
February        21      2004    184.36207       1.03866
February        22      2004    184.35517       1.03862
February        23      2004    184.34828       1.03858
February        24      2004    184.34138       1.03854
February        25      2004    184.33448       1.03850
February        26      2004    184.32759       1.03847
February        27      2004    184.32069       1.03843
February        28      2004    184.31379       1.03839
February        29      2004    184.30690       1.03835