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1-7/8% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2013

Ref CPI and Index Ratios for March 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series C-2013
    CUSIP NUMBER:                           912828BD1
    DATED DATE:                             July 15, 2003
    ORIGINAL ISSUE DATE:                    July 15, 2003
    ADDITIONAL ISSUE DATE:                  October 15, 2003
    MATURITY DATE:                          July 15, 2013
    Ref CPI on DATED DATE:                  183.66452
    TABLE FOR MONTH OF:                     March 2007
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2006               201.5
    CPI-U (NSA) December 2006               201.8
    CPI-U (NSA) January 2007                202.416

    Month    Calendar Day   Year    Ref CPI       Index Ratio

    March           1       2007    201.80000       1.09874
    March           2       2007    201.81987       1.09885
    March           3       2007    201.83974       1.09896
    March           4       2007    201.85961       1.09907
    March           5       2007    201.87948       1.09918
    March           6       2007    201.89935       1.09928
    March           7       2007    201.91923       1.09939
    March           8       2007    201.93910       1.09950
    March           9       2007    201.95897       1.09961
    March           10      2007    201.97884       1.09972
    March           11      2007    201.99871       1.09982
    March           12      2007    202.01858       1.09993
    March           13      2007    202.03845       1.10004
    March           14      2007    202.05832       1.10015
    March           15      2007    202.07819       1.10026
    March           16      2007    202.09806       1.10037
    March           17      2007    202.11794       1.10047
    March           18      2007    202.13781       1.10058
    March           19      2007    202.15768       1.10069
    March           20      2007    202.17755       1.10080
    March           21      2007    202.19742       1.10091
    March           22      2007    202.21729       1.10101
    March           23      2007    202.23716       1.10112
    March           24      2007    202.25703       1.10123
    March           25      2007    202.27690       1.10134
    March           26      2007    202.29677       1.10145
    March           27      2007    202.31665       1.10156
    March           28      2007    202.33652       1.10166
    March           29      2007    202.35639       1.10177
    March           30      2007    202.37626       1.10188
    March           31      2007    202.39613       1.10199