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

Ref CPI and Index Ratios for June 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:                     June 2006
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2006               198.7
CPI-U (NSA) March 2006                  199.8
CPI-U (NSA) April 2006                  201.5

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2006    199.80000       1.05997
June            2       2006    199.85667       1.06027
June            3       2006    199.91333       1.06057
June            4       2006    199.97000       1.06087
June            5       2006    200.02667       1.06117
June            6       2006    200.08333       1.06147
June            7       2006    200.14000       1.06177
June            8       2006    200.19667       1.06207
June            9       2006    200.25333       1.06237
June            10      2006    200.31000       1.06267
June            11      2006    200.36667       1.06297
June            12      2006    200.42333       1.06327
June            13      2006    200.48000       1.06357
June            14      2006    200.53667       1.06387
June            15      2006    200.59333       1.06417
June            16      2006    200.65000       1.06447
June            17      2006    200.70667       1.06478
June            18      2006    200.76333       1.06508
June            19      2006    200.82000       1.06538
June            20      2006    200.87667       1.06568
June            21      2006    200.93333       1.06598
June            22      2006    200.99000       1.06628
June            23      2006    201.04667       1.06658
June            24      2006    201.10333       1.06688
June            25      2006    201.16000       1.06718
June            26      2006    201.21667       1.06748
June            27      2006    201.27333       1.06778
June            28      2006    201.33000       1.06808
June            29      2006    201.38667       1.06838
June            30      2006    201.44333       1.06868