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

Ref CPI and Index Ratios for January 2006

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:                     January 2006
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 2005              198.8
CPI-U (NSA) October 2005                199.2
CPI-U (NSA) November 2005               197.6

Month   Calendar Day    Year    Ref CPI       Index Ratio

January         1       2006    199.20000       1.25729
January         2       2006    199.14839       1.25697
January         3       2006    199.09677       1.25664
January         4       2006    199.04516       1.25632
January         5       2006    198.99355       1.25599
January         6       2006    198.94194       1.25567
January         7       2006    198.89032       1.25534
January         8       2006    198.83871       1.25501
January         9       2006    198.78710       1.25469
January         10      2006    198.73548       1.25436
January         11      2006    198.68387       1.25404
January         12      2006    198.63226       1.25371
January         13      2006    198.58065       1.25338
January         14      2006    198.52903       1.25306
January         15      2006    198.47742       1.25273
January         16      2006    198.42581       1.25241
January         17      2006    198.37419       1.25208
January         18      2006    198.32258       1.25176
January         19      2006    198.27097       1.25143
January         20      2006    198.21935       1.25110
January         21      2006    198.16774       1.25078
January         22      2006    198.11613       1.25045
January         23      2006    198.06452       1.25013
January         24      2006    198.01290       1.24980
January         25      2006    197.96129       1.24948
January         26      2006    197.90968       1.24915
January         27      2006    197.85806       1.24882
January         28      2006    197.80645       1.24850
January         29      2006    197.75484       1.24817
January         30      2006    197.70323       1.24785
January         31      2006    197.65161       1.24752