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4-1/4% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for January 2005

Contact: Office of Financing      202-504-3550
DESCRIPTION:                            Series A-2010
CUSIP NUMBER:                           9128275W8
DATED DATE:                             January 15, 2000
ORIGINAL ISSUE DATE:                    January 18, 2000
ADDITIONAL ISSUE DATE:                  July 17, 2000
MATURITY DATE:                          January 15, 2010
Ref CPI on DATED DATE:                  168.24516
TABLE FOR MONTH OF:                     January 2005
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) September 2004              189.9
CPI-U (NSA) October 2004                190.9
CPI-U (NSA) November 2004               191.0

Month   Calendar Day    Year    Ref CPI       Index Ratio

January         1       2005    190.90000       1.13465
January         2       2005    190.90323       1.13467
January         3       2005    190.90645       1.13469
January         4       2005    190.90968       1.13471
January         5       2005    190.91290       1.13473
January         6       2005    190.91613       1.13475
January         7       2005    190.91935       1.13477
January         8       2005    190.92258       1.13479
January         9       2005    190.92581       1.13481
January         10      2005    190.92903       1.13483
January         11      2005    190.93226       1.13485
January         12      2005    190.93548       1.13486
January         13      2005    190.93871       1.13488
January         14      2005    190.94194       1.13490
January         15      2005    190.94516       1.13492
January         16      2005    190.94839       1.13494
January         17      2005    190.95161       1.13496
January         18      2005    190.95484       1.13498
January         19      2005    190.95806       1.13500
January         20      2005    190.96129       1.13502
January         21      2005    190.96452       1.13504
January         22      2005    190.96774       1.13506
January         23      2005    190.97097       1.13508
January         24      2005    190.97419       1.13509
January         25      2005    190.97742       1.13511
January         26      2005    190.98065       1.13513
January         27      2005    190.98387       1.13515
January         28      2005    190.98710       1.13517
January         29      2005    190.99032       1.13519
January         30      2005    190.99355       1.13521
January         31      2005    190.99677       1.13523