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

Ref CPI and Index Ratios for March 2011

    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:                     March 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2010               218.803
    CPI-U (NSA) December 2010               219.179
    CPI-U (NSA) January 2011                220.223

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    March          1       2011    219.17900       1.08685
    March          2       2011    219.21268       1.08702
    March          3       2011    219.24635       1.08718
    March          4       2011    219.28003       1.08735
    March          5       2011    219.31371       1.08752
    March          6       2011    219.34739       1.08768
    March          7       2011    219.38106       1.08785
    March          8       2011    219.41474       1.08802
    March          9       2011    219.44842       1.08819
    March          10      2011    219.48210       1.08835
    March          11      2011    219.51577       1.08852
    March          12      2011    219.54945       1.08869
    March          13      2011    219.58313       1.08885
    March          14      2011    219.61681       1.08902
    March          15      2011    219.65048       1.08919
    March          16      2011    219.68416       1.08935
    March          17      2011    219.71784       1.08952
    March          18      2011    219.75152       1.08969
    March          19      2011    219.78519       1.08986
    March          20      2011    219.81887       1.09002
    March          21      2011    219.85255       1.09019
    March          22      2011    219.88623       1.09036
    March          23      2011    219.91990       1.09052
    March          24      2011    219.95358       1.09069
    March          25      2011    219.98726       1.09086
    March          26      2011    220.02094       1.09102
    March          27      2011    220.05461       1.09119
    March          28      2011    220.08829       1.09136
    March          29      2011    220.12197       1.09153
    March          30      2011    220.15565       1.09169
    March          31      2011    220.18932       1.09186