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1-1/4% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2020

Ref CPI and Index Ratios for May 2012

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            D-2020
    CUSIP NUMBER:                           912828NM8
    DATED DATE:                             July 15, 2010
    ORIGINAL ISSUE DATE:                    July 15, 2010
    ADDITIONAL ISSUE DATE:                  September 15, 2010
                                            November 15, 2010
    MATURITY DATE:                          July 15, 2020
    Ref CPI on DATED DATE:                  218.08532
    TABLE FOR MONTH OF:                     May 2012
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2012                226.665
    CPI-U (NSA) February 2012               227.663
    CPI-U (NSA) March 2012                  229.392

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2012    227.66300       1.04392
    May            2       2012    227.71877       1.04417
    May            3       2012    227.77455       1.04443
    May            4       2012    227.83032       1.04468
    May            5       2012    227.88610       1.04494
    May            6       2012    227.94187       1.04520
    May            7       2012    227.99765       1.04545
    May            8       2012    228.05342       1.04571
    May            9       2012    228.10919       1.04596
    May            10      2012    228.16497       1.04622
    May            11      2012    228.22074       1.04647
    May            12      2012    228.27652       1.04673
    May            13      2012    228.33229       1.04699
    May            14      2012    228.38806       1.04724
    May            15      2012    228.44384       1.04750
    May            16      2012    228.49961       1.04775
    May            17      2012    228.55539       1.04801
    May            18      2012    228.61116       1.04826
    May            19      2012    228.66694       1.04852
    May            20      2012    228.72271       1.04878
    May            21      2012    228.77848       1.04903
    May            22      2012    228.83426       1.04929
    May            23      2012    228.89003       1.04954
    May            24      2012    228.94581       1.04980
    May            25      2012    229.00158       1.05005
    May            26      2012    229.05735       1.05031
    May            27      2012    229.11313       1.05057
    May            28      2012    229.16890       1.05082
    May            29      2012    229.22468       1.05108
    May            30      2012    229.28045       1.05133
    May            31      2012    229.33623       1.05159