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3-3/8% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for December 2003

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2012
CUSIP NUMBER:                           9128277J5
DATED DATE:                             January 15, 2002
ORIGINAL ISSUE DATE:                    January 15, 2002
ADDITIONAL ISSUE DATE:
MATURITY DATE:                          January 15, 2012
Ref CPI on DATED DATE:                  177.56452
TABLE FOR MONTH OF:                     December 2003
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) August 2003                 184.6
CPI-U (NSA) September 2003              185.2
CPI-U (NSA) October 2003                185.0

Month   Calendar Day    Year     Ref CPI     Index Ratio

December        1       2003    185.20000       1.04300
December        2       2003    185.19355       1.04296
December        3       2003    185.18710       1.04293
December        4       2003    185.18065       1.04289
December        5       2003    185.17419       1.04286
December        6       2003    185.16774       1.04282
December        7       2003    185.16129       1.04278
December        8       2003    185.15484       1.04275
December        9       2003    185.14839       1.04271
December        10      2003    185.14194       1.04267
December        11      2003    185.13548       1.04264
December        12      2003    185.12903       1.04260
December        13      2003    185.12258       1.04257
December        14      2003    185.11613       1.04253
December        15      2003    185.10968       1.04249
December        16      2003    185.10323       1.04246
December        17      2003    185.09677       1.04242
December        18      2003    185.09032       1.04238
December        19      2003    185.08387       1.04235
December        20      2003    185.07742       1.04231
December        21      2003    185.07097       1.04227
December        22      2003    185.06452       1.04224
December        23      2003    185.05806       1.04220
December        24      2003    185.05161       1.04217
December        25      2003    185.04516       1.04213
December        26      2003    185.03871       1.04209
December        27      2003    185.03226       1.04206
December        28      2003    185.02581       1.04202
December        29      2003    185.01935       1.04198
December        30      2003    185.01290       1.04195
December        31      2003    185.00645       1.04191