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0-1/8% 5-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due April 15, 2016

Ref CPI and Index Ratios for July 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            W-2016
    CUSIP NUMBER:                           912828QD5
    DATED DATE:                             April 15, 2011
    ORIGINAL ISSUE DATE:                    April 29, 2011
    AUCTION DATE:                           April 21, 2011
    MATURITY DATE:                          April 15, 2016
    Ref CPI on DATED DATE:                  220.72980
    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       1.01892
    July           2       2011    224.94013       1.01907
    July           3       2011    224.97426       1.01923
    July           4       2011    225.00839       1.01938
    July           5       2011    225.04252       1.01954
    July           6       2011    225.07665       1.01969
    July           7       2011    225.11077       1.01985
    July           8       2011    225.14490       1.02000
    July           9       2011    225.17903       1.02016
    July           10      2011    225.21316       1.02031
    July           11      2011    225.24729       1.02047
    July           12      2011    225.28142       1.02062
    July           13      2011    225.31555       1.02078
    July           14      2011    225.34968       1.02093
    July           15      2011    225.38381       1.02108
    July           16      2011    225.41794       1.02124
    July           17      2011    225.45206       1.02139
    July           18      2011    225.48619       1.02155
    July           19      2011    225.52032       1.02170
    July           20      2011    225.55445       1.02186
    July           21      2011    225.58858       1.02201
    July           22      2011    225.62271       1.02217
    July           23      2011    225.65684       1.02232
    July           24      2011    225.69097       1.02248
    July           25      2011    225.72510       1.02263
    July           26      2011    225.75923       1.02279
    July           27      2011    225.79335       1.02294
    July           28      2011    225.82748       1.02309
    July           29      2011    225.86161       1.02325
    July           30      2011    225.89574       1.02340
    July           31      2011    225.92987       1.02356