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<AuctionAnnouncement>
<SecurityTermWeekYear>9-YEAR</SecurityTermWeekYear>
<SecurityTermDayMonth>11-MONTH</SecurityTermDayMonth>
<SecurityType>NOTE</SecurityType>
<CUSIP>912828JR2</CUSIP>
<AnnouncementDate>2008-12-08</AnnouncementDate>
<AuctionDate>2008-12-11</AuctionDate>
<IssueDate>2008-12-15</IssueDate>
<MaturityDate>2018-11-15</MaturityDate>
<OfferingAmount>16.0</OfferingAmount>
<CompetitiveTenderAccepted>Y</CompetitiveTenderAccepted>
<NonCompetitiveTenderAccepted>Y</NonCompetitiveTenderAccepted>
<TreasuryDirectTenderAccepted>Y</TreasuryDirectTenderAccepted>
<AllTenderAccepted>Y</AllTenderAccepted>
<TypeOfAuction>SINGLE PRICE</TypeOfAuction>
<CompetitiveClosingTime>13:00</CompetitiveClosingTime>
<NonCompetitiveClosingTime>12:00</NonCompetitiveClosingTime>
<NetLongPositionReport>5600000000.0</NetLongPositionReport>
<MaxAward>5600000000</MaxAward>
<MaxSingleBid>5600000000</MaxSingleBid>
<CompetitiveBidDecimals>3</CompetitiveBidDecimals>
<CompetitiveBidIncrement>0.001</CompetitiveBidIncrement>
<AllocationPercentageDecimals>2</AllocationPercentageDecimals>
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<MultiplesToBid>100</MultiplesToBid>
<MinToIssue>100</MinToIssue>
<MultiplesToIssue>100</MultiplesToIssue>
<MatureSecurityAmount>14678000000.0</MatureSecurityAmount>
<CurrentlyOutstanding>23549000000</CurrentlyOutstanding>
<SOMAIncluded>N</SOMAIncluded>
<SOMAHoldings>1322000000.0</SOMAHoldings>
<FIMAIncluded>Y</FIMAIncluded>
<Series>F-2018</Series>
<InterestRate>3.750</InterestRate>
<FirstInterestPaymentDate>2009-05-15</FirstInterestPaymentDate>
<StandardInterestPayment>18.750</StandardInterestPayment>
<FrequencyInterestPayment>SEMI-ANNUAL</FrequencyInterestPayment>
<StrippableIndicator>Y</StrippableIndicator>
<MinStripAmount>100</MinStripAmount>
<CorpusCUSIP>912820RM1</CorpusCUSIP>
<TINTCUSIP1/>
<TINTCUSIP2/>
<ReOpeningIndicator>Y</ReOpeningIndicator>
<OriginalIssueDate>2008-11-17</OriginalIssueDate>
<BackDated>Y</BackDated>
<BackDatedDate>2008-11-15</BackDatedDate>
<LongShortNormalCoupon>N</LongShortNormalCoupon>
<LongShortCouponFirstIntPmt/>
<Callable>N</Callable>
<CallDate/>
<InflationIndexSecurity>N</InflationIndexSecurity>
<RefCPIDatedDate/>
<IndexRatioOnIssueDate/>
<CPIBasePeriod/>
<TIINConversionFactor/>
<AccruedInterest>3.10773</AccruedInterest>
<DatedDate>2008-11-15</DatedDate>
<AnnouncedCUSIP/>
<UnadjustedPrice/>
<UnadjustedAccruedInterest/>
<ScheduledPurchasesInTD>10000000.0</ScheduledPurchasesInTD>
<AnnouncementPDFName>A_20081208_1.pdf</AnnouncementPDFName>
<OriginalDatedDate>2008-11-15</OriginalDatedDate>
<AdjustedAmountCurrentlyOutstanding/>
<NLPExclusionAmount>7000000000.0</NLPExclusionAmount>
<MaximumNonCompAward>5000000.0</MaximumNonCompAward>
<AdjustedAccruedInterest/>
</AuctionAnnouncement>
<AuctionResults>
<LongShortCouponFirstIntPmt/>
<PrimaryDealerTendered>34341000000</PrimaryDealerTendered>
<PrimaryDealerAccepted>13868908000</PrimaryDealerAccepted>
<DirectBidderTendered>125000000</DirectBidderTendered>
<DirectBidderAccepted>29000000</DirectBidderAccepted>
<IndirectBidderTendered>4514650000</IndirectBidderTendered>
<IndirectBidderAccepted>2028691600</IndirectBidderAccepted>
<CompetitiveTendered>38980650000</CompetitiveTendered>
<CompetitiveAccepted>15926599600</CompetitiveAccepted>
<NonCompetitiveAccepted>33421000</NonCompetitiveAccepted>
<SOMATendered>480836300</SOMATendered>
<SOMAAccepted>480836300</SOMAAccepted>
<FIMATendered>40000000</FIMATendered>
<FIMAAccepted>40000000</FIMAAccepted>
<TotalTendered>39534907300</TotalTendered>
<TotalAccepted>16480856900</TotalAccepted>
<BidToCoverRatio>2.44</BidToCoverRatio>
<ReleaseTime>13:01</ReleaseTime>
<AmountAcceptedBelowLowRate>5</AmountAcceptedBelowLowRate>
<HighAllocationPercentage>59.96</HighAllocationPercentage>
<LowDiscountRate/>
<HighDiscountRate/>
<MedianDiscountRate/>
<LowYield>2.000</LowYield>
<HighYield>2.670</HighYield>
<MedianYield>2.590</MedianYield>
<LowPrice/>
<HighPrice>109.352316</HighPrice>
<MedianPrice/>
<TIINConversionFactor/>
<AccruedInterest>3.10773</AccruedInterest>
<StandardInterestPayment>18.750</StandardInterestPayment>
<InterestRate>3.750</InterestRate>
<OriginalCUSIP/>
<UnadjustedPrice/>
<UnadjustedAccruedInterest/>
<TreasuryDirectAccepted>16226000</TreasuryDirectAccepted>
<InvestmentRate/>
<AdjustedPrice/>
<AdjustedAccruedInterest/>
<IndexRatio/>
<ResultsPDFName>R_20081211_1.pdf</ResultsPDFName>
</AuctionResults>
</bpd:AuctionData>
