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

Ref CPI and Index Ratios for December 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:                     December 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) August 2008                 219.086
    CPI-U (NSA) September 2008              218.783
    CPI-U (NSA) October 2008                216.573

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    December       1       2008    218.78300       1.08334
    December       2       2008    218.71171       1.08299
    December       3       2008    218.64042       1.08264
    December       4       2008    218.56913       1.08228
    December       5       2008    218.49784       1.08193
    December       6       2008    218.42655       1.08158
    December       7       2008    218.35526       1.08123
    December       8       2008    218.28397       1.08087
    December       9       2008    218.21268       1.08052
    December       10      2008    218.14139       1.08017
    December       11      2008    218.07010       1.07981
    December       12      2008    217.99881       1.07946
    December       13      2008    217.92752       1.07911
    December       14      2008    217.85623       1.07875
    December       15      2008    217.78494       1.07840
    December       16      2008    217.71365       1.07805
    December       17      2008    217.64235       1.07770
    December       18      2008    217.57106       1.07734
    December       19      2008    217.49977       1.07699
    December       20      2008    217.42848       1.07664
    December       21      2008    217.35719       1.07628
    December       22      2008    217.28590       1.07593
    December       23      2008    217.21461       1.07558
    December       24      2008    217.14332       1.07522
    December       25      2008    217.07203       1.07487
    December       26      2008    217.00074       1.07452
    December       27      2008    216.92945       1.07417
    December       28      2008    216.85816       1.07381
    December       29      2008    216.78687       1.07346
    December       30      2008    216.71558       1.07311
    December       31      2008    216.64429       1.07275