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

Ref CPI and Index Ratios for April 2005

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2014
CUSIP NUMBER:                           912828BW9
DATED DATE:                             January 15, 2004
ORIGINAL ISSUE DATE:                    January 15, 2004
ADDITIONAL ISSUE DATE:                  April 15, 2004
MATURITY DATE:                          January 15, 2014
Ref CPI on DATED DATE:                  184.77419
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       1.03207
April           2       2005    190.73667       1.03227
April           3       2005    190.77333       1.03247
April           4       2005    190.81000       1.03267
April           5       2005    190.84667       1.03286
April           6       2005    190.88333       1.03306
April           7       2005    190.92000       1.03326
April           8       2005    190.95667       1.03346
April           9       2005    190.99333       1.03366
April           10      2005    191.03000       1.03386
April           11      2005    191.06667       1.03405
April           12      2005    191.10333       1.03425
April           13      2005    191.14000       1.03445
April           14      2005    191.17667       1.03465
April           15      2005    191.21333       1.03485
April           16      2005    191.25000       1.03505
April           17      2005    191.28667       1.03525
April           18      2005    191.32333       1.03544
April           19      2005    191.36000       1.03564
April           20      2005    191.39667       1.03584
April           21      2005    191.43333       1.03604
April           22      2005    191.47000       1.03624
April           23      2005    191.50667       1.03644
April           24      2005    191.54333       1.03663
April           25      2005    191.58000       1.03683
April           26      2005    191.61667       1.03703
April           27      2005    191.65333       1.03723
April           28      2005    191.69000       1.03743
April           29      2005    191.72667       1.03763
April           30      2005    191.76333       1.03783