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2-1/2% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2029

Ref CPI and Index Ratios for July 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            TIPS of January 2029
    CUSIP NUMBER:                           912810PZ5
    DATED DATE:                             January 15, 2009
    ORIGINAL ISSUE DATE:                    January 30, 2009
    ADDITIONAL ISSUE DATE:                  July 31, 2009
    MATURITY DATE:                          January 15, 2029
    Ref CPI on DATED DATE:                  214.69971
    TABLE FOR MONTH OF:                     July 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) March 2011                  223.467
    CPI-U (NSA) April 2011                  224.906
    CPI-U (NSA) May 2011                    225.964

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    July           1       2011    224.90600       1.04754
    July           2       2011    224.94013       1.04770
    July           3       2011    224.97426       1.04786
    July           4       2011    225.00839       1.04801
    July           5       2011    225.04252       1.04817
    July           6       2011    225.07665       1.04833
    July           7       2011    225.11077       1.04849
    July           8       2011    225.14490       1.04865
    July           9       2011    225.17903       1.04881
    July           10      2011    225.21316       1.04897
    July           11      2011    225.24729       1.04913
    July           12      2011    225.28142       1.04929
    July           13      2011    225.31555       1.04945
    July           14      2011    225.34968       1.04960
    July           15      2011    225.38381       1.04976
    July           16      2011    225.41794       1.04992
    July           17      2011    225.45206       1.05008
    July           18      2011    225.48619       1.05024
    July           19      2011    225.52032       1.05040
    July           20      2011    225.55445       1.05056
    July           21      2011    225.58858       1.05072
    July           22      2011    225.62271       1.05088
    July           23      2011    225.65684       1.05103
    July           24      2011    225.69097       1.05119
    July           25      2011    225.72510       1.05135
    July           26      2011    225.75923       1.05151
    July           27      2011    225.79335       1.05167
    July           28      2011    225.82748       1.05183
    July           29      2011    225.86161       1.05199
    July           30      2011    225.89574       1.05215
    July           31      2011    225.92987       1.05231