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2% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2026

Ref CPI and Index Ratios for December 2006

    Contact: Office of Financing            202-504-3550

    DESCRIPTION:                            TIPS of January 2026
    CUSIP NUMBER:                           912810FS2
    DATED DATE:                             January 15, 2006
    ORIGINAL ISSUE DATE:                    January 31, 2006
    ADDITIONAL ISSUE DATE:                  July 31, 2006
    MATURITY DATE:                          January 15, 2026
    Ref CPI on DATED DATE:                  198.47742
    TABLE FOR MONTH OF:                     December 2006
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) August 2006                 203.9
    CPI-U (NSA) September 2006              202.9
    CPI-U (NSA) October 2006                201.8

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    December        1       2006    202.90000       1.02228
    December        2       2006    202.86452       1.02210
    December        3       2006    202.82903       1.02192
    December        4       2006    202.79355       1.02175
    December        5       2006    202.75806       1.02157
    December        6       2006    202.72258       1.02139
    December        7       2006    202.68710       1.02121
    December        8       2006    202.65161       1.02103
    December        9       2006    202.61613       1.02085
    December        10      2006    202.58065       1.02067
    December        11      2006    202.54516       1.02049
    December        12      2006    202.50968       1.02032
    December        13      2006    202.47419       1.02014
    December        14      2006    202.43871       1.01996
    December        15      2006    202.40323       1.01978
    December        16      2006    202.36774       1.01960
    December        17      2006    202.33226       1.01942
    December        18      2006    202.29677       1.01924
    December        19      2006    202.26129       1.01906
    December        20      2006    202.22581       1.01889
    December        21      2006    202.19032       1.01871
    December        22      2006    202.15484       1.01853
    December        23      2006    202.11935       1.01835
    December        24      2006    202.08387       1.01817
    December        25      2006    202.04839       1.01799
    December        26      2006    202.01290       1.01781
    December        27      2006    201.97742       1.01763
    December        28      2006    201.94194       1.01746
    December        29      2006    201.90645       1.01728
    December        30      2006    201.87097       1.01710
    December        31      2006    201.83548       1.01692