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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 2012

    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 2012
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2011               226.230
    CPI-U (NSA) December 2011               225.672
    CPI-U (NSA) January 2012                226.665

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    March          1       2012    225.67200       1.11905
    March          2       2012    225.70403       1.11921
    March          3       2012    225.73606       1.11936
    March          4       2012    225.76810       1.11952
    March          5       2012    225.80013       1.11968
    March          6       2012    225.83216       1.11984
    March          7       2012    225.86419       1.12000
    March          8       2012    225.89623       1.12016
    March          9       2012    225.92826       1.12032
    March          10      2012    225.96029       1.12048
    March          11      2012    225.99232       1.12064
    March          12      2012    226.02435       1.12079
    March          13      2012    226.05639       1.12095
    March          14      2012    226.08842       1.12111
    March          15      2012    226.12045       1.12127
    March          16      2012    226.15248       1.12143
    March          17      2012    226.18452       1.12159
    March          18      2012    226.21655       1.12175
    March          19      2012    226.24858       1.12191
    March          20      2012    226.28061       1.12206
    March          21      2012    226.31265       1.12222
    March          22      2012    226.34468       1.12238
    March          23      2012    226.37671       1.12254
    March          24      2012    226.40874       1.12270
    March          25      2012    226.44077       1.12286
    March          26      2012    226.47281       1.12302
    March          27      2012    226.50484       1.12318
    March          28      2012    226.53687       1.12334
    March          29      2012    226.56890       1.12349
    March          30      2012    226.60094       1.12365
    March          31      2012    226.63297       1.12381