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3% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for September 2003

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2012
CUSIP NUMBER:                           912828AF7
DATED DATE:                             July 15, 2002
ORIGINAL ISSUE DATE:                    July 15, 2002
ADDITIONAL ISSUE DATES:                 October 15, 2002
                                        January 15, 2003
MATURITY DATE:                          July 15, 2012
Ref CPI on DATED DATE:                  179.80000
TABLE FOR MONTH OF:                     September 2003
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) May 2003                    183.5
CPI-U (NSA) June 2003                   183.7
CPI-U (NSA) July 2003                   183.9

Month   Calendar Day    Year     Ref CPI      Index Ratio

September       1       2003    183.70000       1.02169
September       2       2003    183.70667       1.02173
September       3       2003    183.71333       1.02176
September       4       2003    183.72000       1.02180
September       5       2003    183.72667       1.02184
September       6       2003    183.73333       1.02188
September       7       2003    183.74000       1.02191
September       8       2003    183.74667       1.02195
September       9       2003    183.75333       1.02199
September       10      2003    183.76000       1.02202
September       11      2003    183.76667       1.02206
September       12      2003    183.77333       1.02210
September       13      2003    183.78000       1.02214
September       14      2003    183.78667       1.02217
September       15      2003    183.79333       1.02221
September       16      2003    183.80000       1.02225
September       17      2003    183.80667       1.02228
September       18      2003    183.81333       1.02232
September       19      2003    183.82000       1.02236
September       20      2003    183.82667       1.02240
September       21      2003    183.83333       1.02243
September       22      2003    183.84000       1.02247
September       23      2003    183.84667       1.02251
September       24      2003    183.85333       1.02254
September       25      2003    183.86000       1.02258
September       26      2003    183.86667       1.02262
September       27      2003    183.87333       1.02265
September       28      2003    183.88000       1.02269
September       29      2003    183.88667       1.02273
September       30      2003    183.89333       1.02277