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3-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for June 2005

Contact: Office of Financing      202-504-3550
DESCRIPTION:                            Series A-2011
CUSIP NUMBER:                           9128276R8
DATED DATE:                             January 15, 2001
ORIGINAL ISSUE DATE:                    January 16, 2001
ADDITIONAL ISSUE DATE:                  July 16, 2001
MATURITY DATE:                          January 15, 2011
Ref CPI on DATED DATE:                  174.04516
TABLE FOR MONTH OF:                     June 2005
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2005               191.8
CPI-U (NSA) March 2005                  193.3
CPI-U (NSA) April 2005                  194.6

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2005    193.30000       1.11063
June            2       2005    193.34333       1.11088
June            3       2005    193.38667       1.11113
June            4       2005    193.43000       1.11138
June            5       2005    193.47333       1.11163
June            6       2005    193.51667       1.11188
June            7       2005    193.56000       1.11213
June            8       2005    193.60333       1.11237
June            9       2005    193.64667       1.11262
June            10      2005    193.69000       1.11287
June            11      2005    193.73333       1.11312
June            12      2005    193.77667       1.11337
June            13      2005    193.82000       1.11362
June            14      2005    193.86333       1.11387
June            15      2005    193.90667       1.11412
June            16      2005    193.95000       1.11437
June            17      2005    193.99333       1.11461
June            18      2005    194.03667       1.11486
June            19      2005    194.08000       1.11511
June            20      2005    194.12333       1.11536
June            21      2005    194.16667       1.11561
June            22      2005    194.21000       1.11586
June            23      2005    194.25333       1.11611
June            24      2005    194.29667       1.11636
June            25      2005    194.34000       1.11661
June            26      2005    194.38333       1.11686
June            27      2005    194.42667       1.11710
June            28      2005    194.47000       1.11735
June            29      2005    194.51333       1.11760
June            30      2005    194.55667       1.11785