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3-3/8% TREASURY 30-1/2-YEAR INFLATION-INDEXED BONDS

Ref CPI and Index Ratios for June 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Bonds of April 2032
CUSIP NUMBER:                           912810FQ6
DATED DATE:                             October 15, 2001
ORIGINAL ISSUE DATE:                    October 15, 2001
ADDITIONAL ISSUE DATE:
MATURITY DATE:                          April 15, 2032
Ref CPI on DATED DATE:                  177.50000
TABLE FOR MONTH OF:                     June 2004
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2004               186.2
CPI-U (NSA) March 2004                  187.4
CPI-U (NSA) April 2004                  188.0

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2004    187.40000       1.05577
June            2       2004    187.42000       1.05589
June            3       2004    187.44000       1.05600
June            4       2004    187.46000       1.05611
June            5       2004    187.48000       1.05623
June            6       2004    187.50000       1.05634
June            7       2004    187.52000       1.05645
June            8       2004    187.54000       1.05656
June            9       2004    187.56000       1.05668
June            10      2004    187.58000       1.05679
June            11      2004    187.60000       1.05690
June            12      2004    187.62000       1.05701
June            13      2004    187.64000       1.05713
June            14      2004    187.66000       1.05724
June            15      2004    187.68000       1.05735
June            16      2004    187.70000       1.05746
June            17      2004    187.72000       1.05758
June            18      2004    187.74000       1.05769
June            19      2004    187.76000       1.05780
June            20      2004    187.78000       1.05792
June            21      2004    187.80000       1.05803
June            22      2004    187.82000       1.05814
June            23      2004    187.84000       1.05825
June            24      2004    187.86000       1.05837
June            25      2004    187.88000       1.05848
June            26      2004    187.90000       1.05859
June            27      2004    187.92000       1.05870
June            28      2004    187.94000       1.05882
June            29      2004    187.96000       1.05893
June            30      2004    187.98000       1.05904