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1-3/4% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2028

Ref CPI and Index Ratios for March 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            TIPS of January 2028
    CUSIP NUMBER:                           912810PV4
    DATED DATE:                             January 15, 2008
    ORIGINAL ISSUE DATE:                    January 31, 2008
    ADDITIONAL ISSUE DATE:                  N/A
    MATURITY DATE:                          January 15, 2028
    Ref CPI on DATED DATE:                  209.49645
    TABLE FOR MONTH OF:                     March 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2007               210.177
    CPI-U (NSA) December 2007               210.036
    CPI-U (NSA) January 2008                211.080

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    March           1       2008    210.03600       1.00258
    March           2       2008    210.06968       1.00274
    March           3       2008    210.10335       1.00290
    March           4       2008    210.13703       1.00306
    March           5       2008    210.17071       1.00322
    March           6       2008    210.20439       1.00338
    March           7       2008    210.23806       1.00354
    March           8       2008    210.27174       1.00370
    March           9       2008    210.30542       1.00386
    March           10      2008    210.33910       1.00402
    March           11      2008    210.37277       1.00418
    March           12      2008    210.40645       1.00434
    March           13      2008    210.44013       1.00450
    March           14      2008    210.47381       1.00467
    March           15      2008    210.50748       1.00483
    March           16      2008    210.54116       1.00499
    March           17      2008    210.57484       1.00515
    March           18      2008    210.60852       1.00531
    March           19      2008    210.64219       1.00547
    March           20      2008    210.67587       1.00563
    March           21      2008    210.70955       1.00579
    March           22      2008    210.74323       1.00595
    March           23      2008    210.77690       1.00611
    March           24      2008    210.81058       1.00627
    March           25      2008    210.84426       1.00643
    March           26      2008    210.87794       1.00659
    March           27      2008    210.91161       1.00676
    March           28      2008    210.94529       1.00692
    March           29      2008    210.97897       1.00708
    March           30      2008    211.01265       1.00724
    March           31      2008    211.04632       1.00740