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2-3/8% 20-1/2-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for April 2006

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            TIPS of January 2025
CUSIP NUMBER:                           912810FR4
DATED DATE:                             July 15, 2004
ORIGINAL ISSUE DATE:                    July 30, 2004
ADDITIONAL ISSUE DATE:                  January 31, 2005
July 29,2005
MATURITY DATE:                          January 15, 2025
Ref CPI on DATED DATE:                  188.49677
TABLE FOR MONTH OF:                     April 2006
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) December 2005               196.8
CPI-U (NSA) January 2006                198.3
CPI-U (NSA) February 2006               198.7

Month   Calendar Day    Year    Ref CPI       Index Ratio

April           1       2006    198.30000       1.05201
April           2       2006    198.31333       1.05208
April           3       2006    198.32667       1.05215
April           4       2006    198.34000       1.05222
April           5       2006    198.35333       1.05229
April           6       2006    198.36667       1.05236
April           7       2006    198.38000       1.05243
April           8       2006    198.39333       1.05250
April           9       2006    198.40667       1.05257
April           10      2006    198.42000       1.05264
April           11      2006    198.43333       1.05271
April           12      2006    198.44667       1.05279
April           13      2006    198.46000       1.05286
April           14      2006    198.47333       1.05293
April           15      2006    198.48667       1.05300
April           16      2006    198.50000       1.05307
April           17      2006    198.51333       1.05314
April           18      2006    198.52667       1.05321
April           19      2006    198.54000       1.05328
April           20      2006    198.55333       1.05335
April           21      2006    198.56667       1.05342
April           22      2006    198.58000       1.05349
April           23      2006    198.59333       1.05356
April           24      2006    198.60667       1.05363
April           25      2006    198.62000       1.05371
April           26      2006    198.63333       1.05378
April           27      2006    198.64667       1.05385
April           28      2006    198.66000       1.05392
April           29      2006    198.67333       1.05399
April           30      2006    198.68667       1.05406