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2-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2016

Ref CPI and Index Ratios for October 2006

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series D-2016
    CUSIP NUMBER:                           912828FL9
    DATED DATE:                             July 15, 2006
    ORIGINAL ISSUE DATE:                    July 17, 2006
    MATURITY DATE:                          July 15, 2016
    Ref CPI on DATED DATE:                  201.95161
    TABLE FOR MONTH OF:                     October 2006
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) June 2006                   202.9
    CPI-U (NSA) July 2006                   203.5
    CPI-U (NSA) August 2006                 203.9

    Month   Calendar Day    Year    Ref CPI      Index Ratio

    October        1       2006    203.50000       1.00767
    October        2       2006    203.51290       1.00773
    October        3       2006    203.52581       1.00779
    October        4       2006    203.53871       1.00786
    October        5       2006    203.55161       1.00792
    October        6       2006    203.56452       1.00799
    October        7       2006    203.57742       1.00805
    October        8       2006    203.59032       1.00811
    October        9       2006    203.60323       1.00818
    October        10      2006    203.61613       1.00824
    October        11      2006    203.62903       1.00831
    October        12      2006    203.64194       1.00837
    October        13      2006    203.65484       1.00843
    October        14      2006    203.66774       1.00850
    October        15      2006    203.68065       1.00856
    October        16      2006    203.69355       1.00863
    October        17      2006    203.70645       1.00869
    October        18      2006    203.71935       1.00875
    October        19      2006    203.73226       1.00882
    October        20      2006    203.74516       1.00888
    October        21      2006    203.75806       1.00894
    October        22      2006    203.77097       1.00901
    October        23      2006    203.78387       1.00907
    October        24      2006    203.79677       1.00914
    October        25      2006    203.80968       1.00920
    October        26      2006    203.82258       1.00926
    October        27      2006    203.83548       1.00933
    October        28      2006    203.84839       1.00939
    October        29      2006    203.86129       1.00946
    October        30      2006    203.87419       1.00952
    October        31      2006    203.88710       1.00958