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3-3/8% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for October 2005

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2007
CUSIP NUMBER:                           9128272M3
DATED DATE:                             January 15, 1997
ORIGINAL ISSUE DATE:                    February 6, 1997
ADDITIONAL ISSUE DATE:                  April 15, 1997
MATURITY DATE:                          January 15, 2007
Ref CPI on DATED DATE:                  158.43548
TABLE FOR MONTH OF:                     October 2005
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) June 2005                   194.5
CPI-U (NSA) July 2005                   195.4
CPI-U (NSA) August 2005                 196.4

Month   Calendar Day    Year    Ref CPI      Index Ratio

October        1       2005    195.40000       1.23331
October        2       2005    195.43226       1.23351
October        3       2005    195.46452       1.23372
October        4       2005    195.49677       1.23392
October        5       2005    195.52903       1.23412
October        6       2005    195.56129       1.23433
October        7       2005    195.59355       1.23453
October        8       2005    195.62581       1.23473
October        9       2005    195.65806       1.23494
October        10      2005    195.69032       1.23514
October        11      2005    195.72258       1.23535
October        12      2005    195.75484       1.23555
October        13      2005    195.78710       1.23575
October        14      2005    195.81935       1.23596
October        15      2005    195.85161       1.23616
October        16      2005    195.88387       1.23636
October        17      2005    195.91613       1.23657
October        18      2005    195.94839       1.23677
October        19      2005    195.98065       1.23697
October        20      2005    196.01290       1.23718
October        21      2005    196.04516       1.23738
October        22      2005    196.07742       1.23759
October        23      2005    196.10968       1.23779
October        24      2005    196.14194       1.23799
October        25      2005    196.17419       1.23820
October        26      2005    196.20645       1.23840
October        27      2005    196.23871       1.23860
October        28      2005    196.27097       1.23881
October        29      2005    196.30323       1.23901
October        30      2005    196.33548       1.23921
October        31      2005    196.36774       1.23942