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2-3/8% 20-1/2-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2025

Ref CPI and Index Ratios for October 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:                     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       1.07959
    October        2       2006    203.51290       1.07966
    October        3       2006    203.52581       1.07973
    October        4       2006    203.53871       1.07980
    October        5       2006    203.55161       1.07987
    October        6       2006    203.56452       1.07994
    October        7       2006    203.57742       1.08000
    October        8       2006    203.59032       1.08007
    October        9       2006    203.60323       1.08014
    October        10      2006    203.61613       1.08021
    October        11      2006    203.62903       1.08028
    October        12      2006    203.64194       1.08035
    October        13      2006    203.65484       1.08042
    October        14      2006    203.66774       1.08048
    October        15      2006    203.68065       1.08055
    October        16      2006    203.69355       1.08062
    October        17      2006    203.70645       1.08069
    October        18      2006    203.71935       1.08076
    October        19      2006    203.73226       1.08083
    October        20      2006    203.74516       1.08089
    October        21      2006    203.75806       1.08096
    October        22      2006    203.77097       1.08103
    October        23      2006    203.78387       1.08110
    October        24      2006    203.79677       1.08117
    October        25      2006    203.80968       1.08124
    October        26      2006    203.82258       1.08131
    October        27      2006    203.83548       1.08137
    October        28      2006    203.84839       1.08144
    October        29      2006    203.86129       1.08151
    October        30      2006    203.87419       1.08158
    October        31      2006    203.88710       1.08165