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0-7/8% 5-1/2-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due April 15, 2010

Ref CPI and Index Ratios for July 2006

    Contact: Office of Financing       202-504-3550
    DESCRIPTION:                           Series D-2010
    CUSIP NUMBER:                          912828CZ1
    DATED DATE:                            October 15, 2004
    ORIGINAL ISSUE DATE:                   October 29, 2004
    ADDITIONAL ISSUE DATE:                 April 29, 2005
                                           October 28, 2005
    MATURITY DATE:                         April 15, 2010
    Ref CPI on DATED DATE:                 189.44516
    TABLE FOR MONTH OF:                    July 2006
    NUMBER OF DAYS IN MONTH:               31

    CPI-U (NSA) March 2006                 199.8
    CPI-U (NSA) April 2006                 201.5
    CPI-U (NSA) May 2006                   202.5

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    July            1       2006    201.50000       1.06363
    July            2       2006    201.53226       1.06380
    July            3       2006    201.56452       1.06397
    July            4       2006    201.59677       1.06414
    July            5       2006    201.62903       1.06431
    July            6       2006    201.66129       1.06448
    July            7       2006    201.69355       1.06465
    July            8       2006    201.72581       1.06482
    July            9       2006    201.75806       1.06499
    July            10      2006    201.79032       1.06516
    July            11      2006    201.82258       1.06534
    July            12      2006    201.85484       1.06551
    July            13      2006    201.88710       1.06568
    July            14      2006    201.91935       1.06585
    July            15      2006    201.95161       1.06602
    July            16      2006    201.98387       1.06619
    July            17      2006    202.01613       1.06636
    July            18      2006    202.04839       1.06653
    July            19      2006    202.08065       1.06670
    July            20      2006    202.11290       1.06687
    July            21      2006    202.14516       1.06704
    July            22      2006    202.17742       1.06721
    July            23      2006    202.20968       1.06738
    July            24      2006    202.24194       1.06755
    July            25      2006    202.27419       1.06772
    July            26      2006    202.30645       1.06789
    July            27      2006    202.33871       1.06806
    July            28      2006    202.37097       1.06823
    July            29      2006    202.40323       1.06840
    July            30      2006    202.43548       1.06857
    July            31      2006    202.46774       1.06874