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2-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2016

Ref CPI and Index Ratios for October 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            D-2016
    CUSIP NUMBER:                           912828FL9
    DATED DATE:                             July 15, 2006
    ORIGINAL ISSUE DATE:                    July 17, 2006
    ADDITIONAL ISSUE DATE:                  October 16, 2006
    MATURITY DATE:                          July 15, 2016
    Ref CPI on DATED DATE:                  201.95161
    TABLE FOR MONTH OF:                     October 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) June 2008                   218.815
    CPI-U (NSA) July 2008                   219.964
    CPI-U (NSA) August 2008                 219.086

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    October        1       2008    219.96400       1.08919
    October        2       2008    219.93568       1.08905
    October        3       2008    219.90735       1.08891
    October        4       2008    219.87903       1.08877
    October        5       2008    219.85071       1.08863
    October        6       2008    219.82239       1.08849
    October        7       2008    219.79406       1.08835
    October        8       2008    219.76574       1.08821
    October        9       2008    219.73742       1.08807
    October        10      2008    219.70910       1.08793
    October        11      2008    219.68077       1.08779
    October        12      2008    219.65245       1.08765
    October        13      2008    219.62413       1.08751
    October        14      2008    219.59581       1.08737
    October        15      2008    219.56748       1.08723
    October        16      2008    219.53916       1.08709
    October        17      2008    219.51084       1.08695
    October        18      2008    219.48252       1.08681
    October        19      2008    219.45419       1.08667
    October        20      2008    219.42587       1.08653
    October        21      2008    219.39755       1.08639
    October        22      2008    219.36923       1.08625
    October        23      2008    219.34090       1.08611
    October        24      2008    219.31258       1.08597
    October        25      2008    219.28426       1.08583
    October        26      2008    219.25594       1.08569
    October        27      2008    219.22761       1.08555
    October        28      2008    219.19929       1.08541
    October        29      2008    219.17097       1.08526
    October        30      2008    219.14265       1.08512
    October        31      2008    219.11432       1.08498