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

Ref CPI and Index Ratios for April 2005

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2012
CUSIP NUMBER:                           912828AF7
DATED DATE:                             July 15, 2002
ORIGINAL ISSUE DATE:                    July 15, 2002
ADDITIONAL ISSUE DATE:                  October 15, 2002
                                        January 15, 2003
MATURITY DATE:                          July 15, 2012
Ref CPI on DATED DATE:                  179.80000
TABLE FOR MONTH OF:                     April 2005
NUMBER OF DAYS IN MONTH:                30
CPI-U (NSA) December 2004               190.3
CPI-U (NSA) January 2005                190.7
CPI-U (NSA) February 2005               191.8

Month   Calendar Day    Year    Ref CPI       Index Ratio

April           1       2005    190.70000       1.06062
April           2       2005    190.73667       1.06083
April           3       2005    190.77333       1.06103
April           4       2005    190.81000       1.06123
April           5       2005    190.84667       1.06144
April           6       2005    190.88333       1.06164
April           7       2005    190.92000       1.06185
April           8       2005    190.95667       1.06205
April           9       2005    190.99333       1.06225
April           10      2005    191.03000       1.06246
April           11      2005    191.06667       1.06266
April           12      2005    191.10333       1.06287
April           13      2005    191.14000       1.06307
April           14      2005    191.17667       1.06327
April           15      2005    191.21333       1.06348
April           16      2005    191.25000       1.06368
April           17      2005    191.28667       1.06389
April           18      2005    191.32333       1.06409
April           19      2005    191.36000       1.06429
April           20      2005    191.39667       1.06450
April           21      2005    191.43333       1.06470
April           22      2005    191.47000       1.06491
April           23      2005    191.50667       1.06511
April           24      2005    191.54333       1.06531
April           25      2005    191.58000       1.06552
April           26      2005    191.61667       1.06572
April           27      2005    191.65333       1.06593
April           28      2005    191.69000       1.06613
April           29      2005    191.72667       1.06633
April           30      2005    191.76333       1.06654