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2-3/8% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2027

Ref CPI and Index Ratios for October 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            TIPS of January 2027
    CUSIP NUMBER:                           912810PS1
    DATED DATE:                             January 15, 2007
    ORIGINAL ISSUE DATE:                    January 31, 2007
    ADDITIONAL ISSUE DATE:                  July 31, 2007
    MATURITY DATE:                          January 15, 2027
    Ref CPI on DATED DATE:                  201.66452
    TABLE FOR MONTH OF:                     October 2007
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) June 2007                   208.352
    CPI-U (NSA) July 2007                   208.299
    CPI-U (NSA) August 2007                 207.917

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    October         1       2007    208.29900       1.03290
    October         2       2007    208.28668       1.03284
    October         3       2007    208.27435       1.03278
    October         4       2007    208.26203       1.03272
    October         5       2007    208.24971       1.03265
    October         6       2007    208.23739       1.03259
    October         7       2007    208.22506       1.03253
    October         8       2007    208.21274       1.03247
    October         9       2007    208.20042       1.03241
    October         10      2007    208.18810       1.03235
    October         11      2007    208.17577       1.03229
    October         12      2007    208.16345       1.03223
    October         13      2007    208.15113       1.03217
    October         14      2007    208.13881       1.03210
    October         15      2007    208.12648       1.03204
    October         16      2007    208.11416       1.03198
    October         17      2007    208.10184       1.03192
    October         18      2007    208.08952       1.03186
    October         19      2007    208.07719       1.03180
    October         20      2007    208.06487       1.03174
    October         21      2007    208.05255       1.03168
    October         22      2007    208.04023       1.03162
    October         23      2007    208.02790       1.03155
    October         24      2007    208.01558       1.03149
    October         25      2007    208.00326       1.03143
    October         26      2007    207.99094       1.03137
    October         27      2007    207.97861       1.03131
    October         28      2007    207.96629       1.03125
    October         29      2007    207.95397       1.03119
    October         30      2007    207.94165       1.03113
    October         31      2007    207.92932       1.03107