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

Ref CPI and Index Ratios for January 2006

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:                     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       1.10790
January         2       2006    199.14839       1.10761
January         3       2006    199.09677       1.10732
January         4       2006    199.04516       1.10704
January         5       2006    198.99355       1.10675
January         6       2006    198.94194       1.10646
January         7       2006    198.89032       1.10618
January         8       2006    198.83871       1.10589
January         9       2006    198.78710       1.10560
January         10      2006    198.73548       1.10531
January         11      2006    198.68387       1.10503
January         12      2006    198.63226       1.10474
January         13      2006    198.58065       1.10445
January         14      2006    198.52903       1.10417
January         15      2006    198.47742       1.10388
January         16      2006    198.42581       1.10359
January         17      2006    198.37419       1.10330
January         18      2006    198.32258       1.10302
January         19      2006    198.27097       1.10273
January         20      2006    198.21935       1.10244
January         21      2006    198.16774       1.10216
January         22      2006    198.11613       1.10187
January         23      2006    198.06452       1.10158
January         24      2006    198.01290       1.10130
January         25      2006    197.96129       1.10101
January         26      2006    197.90968       1.10072
January         27      2006    197.85806       1.10043
January         28      2006    197.80645       1.10015
January         29      2006    197.75484       1.09986
January         30      2006    197.70323       1.09957
January         31      2006    197.65161       1.09929