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3-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2011

Ref CPI and Index Ratios for January 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series A-2011
    CUSIP NUMBER:                           9128276R8
    DATED DATE:                             January 15, 2001
    ORIGINAL ISSUE DATE:                    January 16, 2001
    ADDITIONAL ISSUE DATE:                  July 16, 2001
    MATURITY DATE:                          January 15, 2011
    Ref CPI on DATED DATE:                  174.04516
    TABLE FOR MONTH OF:                     January 2007
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) September 2006              202.9
    CPI-U (NSA) October 2006                201.8
    CPI-U (NSA) November 2006               201.5

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    January         1       2007    201.80000       1.15947
    January         2       2007    201.79032       1.15941
    January         3       2007    201.78065       1.15936
    January         4       2007    201.77097       1.15930
    January         5       2007    201.76129       1.15925
    January         6       2007    201.75161       1.15919
    January         7       2007    201.74194       1.15914
    January         8       2007    201.73226       1.15908
    January         9       2007    201.72258       1.15902
    January         10      2007    201.71290       1.15897
    January         11      2007    201.70323       1.15891
    January         12      2007    201.69355       1.15886
    January         13      2007    201.68387       1.15880
    January         14      2007    201.67419       1.15875
    January         15      2007    201.66452       1.15869
    January         16      2007    201.65484       1.15864
    January         17      2007    201.64516       1.15858
    January         18      2007    201.63548       1.15852
    January         19      2007    201.62581       1.15847
    January         20      2007    201.61613       1.15841
    January         21      2007    201.60645       1.15836
    January         22      2007    201.59677       1.15830
    January         23      2007    201.58710       1.15825
    January         24      2007    201.57742       1.15819
    January         25      2007    201.56774       1.15813
    January         26      2007    201.55806       1.15808
    January         27      2007    201.54839       1.15802
    January         28      2007    201.53871       1.15797
    January         29      2007    201.52903       1.15791
    January         30      2007    201.51935       1.15786
    January         31      2007    201.50968       1.15780