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

Ref CPI and Index Ratios for May 2011

    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:                     May 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2011                220.223
    CPI-U (NSA) February 2011               221.309
    CPI-U (NSA) March 2011                  223.467

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2011    221.30900       1.09585
    May            2       2011    221.37861       1.09620
    May            3       2011    221.44823       1.09654
    May            4       2011    221.51784       1.09689
    May            5       2011    221.58745       1.09723
    May            6       2011    221.65706       1.09758
    May            7       2011    221.72668       1.09792
    May            8       2011    221.79629       1.09826
    May            9       2011    221.86590       1.09861
    May            10      2011    221.93552       1.09895
    May            11      2011    222.00513       1.09930
    May            12      2011    222.07474       1.09964
    May            13      2011    222.14435       1.09999
    May            14      2011    222.21397       1.10033
    May            15      2011    222.28358       1.10068
    May            16      2011    222.35319       1.10102
    May            17      2011    222.42281       1.10137
    May            18      2011    222.49242       1.10171
    May            19      2011    222.56203       1.10206
    May            20      2011    222.63165       1.10240
    May            21      2011    222.70126       1.10275
    May            22      2011    222.77087       1.10309
    May            23      2011    222.84048       1.10344
    May            24      2011    222.91010       1.10378
    May            25      2011    222.97971       1.10412
    May            26      2011    223.04932       1.10447
    May            27      2011    223.11894       1.10481
    May            28      2011    223.18855       1.10516
    May            29      2011    223.25816       1.10550
    May            30      2011    223.32777       1.10585
    May            31      2011    223.39739       1.10619