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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 November 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:                     November 2006
    NUMBER OF DAYS IN MONTH:                30

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

    Month   Calendar Day    Year    Ref CPI      Index Ratio

    November       1       2006    203.90000       1.08172
    November       2       2006    203.86667       1.08154
    November       3       2006    203.83333       1.08136
    November       4       2006    203.80000       1.08119
    November       5       2006    203.76667       1.08101
    November       6       2006    203.73333       1.08083
    November       7       2006    203.70000       1.08066
    November       8       2006    203.66667       1.08048
    November       9       2006    203.63333       1.08030
    November       10      2006    203.60000       1.08012
    November       11      2006    203.56667       1.07995
    November       12      2006    203.53333       1.07977
    November       13      2006    203.50000       1.07959
    November       14      2006    203.46667       1.07942
    November       15      2006    203.43333       1.07924
    November       16      2006    203.40000       1.07906
    November       17      2006    203.36667       1.07889
    November       18      2006    203.33333       1.07871
    November       19      2006    203.30000       1.07853
    November       20      2006    203.26667       1.07836
    November       21      2006    203.23333       1.07818
    November       22      2006    203.20000       1.07800
    November       23      2006    203.16667       1.07783
    November       24      2006    203.13333       1.07765
    November       25      2006    203.10000       1.07747
    November       26      2006    203.06667       1.07730
    November       27      2006    203.03333       1.07712
    November       28      2006    203.00000       1.07694
    November       29      2006    202.96667       1.07676
    November       30      2006    202.93333       1.07659