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1-1/8% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2021

Ref CPI and Index Ratios for March 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            A-2021
    CUSIP NUMBER:                           912828PP9
    DATED DATE:                             January 15, 2011
    ORIGINAL ISSUE DATE:                    January 31, 2011
    AUCTION DATE:                           January 20, 2011
    MATURITY DATE:                          January 15, 2021
    Ref CPI on DATED DATE:                  218.75255
    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       1.00195
    March          2       2011    219.21268       1.00210
    March          3       2011    219.24635       1.00226
    March          4       2011    219.28003       1.00241
    March          5       2011    219.31371       1.00257
    March          6       2011    219.34739       1.00272
    March          7       2011    219.38106       1.00287
    March          8       2011    219.41474       1.00303
    March          9       2011    219.44842       1.00318
    March          10      2011    219.48210       1.00334
    March          11      2011    219.51577       1.00349
    March          12      2011    219.54945       1.00364
    March          13      2011    219.58313       1.00380
    March          14      2011    219.61681       1.00395
    March          15      2011    219.65048       1.00410
    March          16      2011    219.68416       1.00426
    March          17      2011    219.71784       1.00441
    March          18      2011    219.75152       1.00457
    March          19      2011    219.78519       1.00472
    March          20      2011    219.81887       1.00487
    March          21      2011    219.85255       1.00503
    March          22      2011    219.88623       1.00518
    March          23      2011    219.91990       1.00534
    March          24      2011    219.95358       1.00549
    March          25      2011    219.98726       1.00564
    March          26      2011    220.02094       1.00580
    March          27      2011    220.05461       1.00595
    March          28      2011    220.08829       1.00611
    March          29      2011    220.12197       1.00626
    March          30      2011    220.15565       1.00641
    March          31      2011    220.18932       1.00657