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2-3/8% 5-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due April 15, 2011

Ref CPI and Index Ratios for July 2006

    Contact: Office of Financing       202-504-3550
    DESCRIPTION:                           Series G-2011
    CUSIP NUMBER:                          912828FB1
    DATED DATE:                            April 15, 2006
    ORIGINAL ISSUE DATE:                   April 28, 2006
    ADDITIONAL ISSUE DATE:                 N/A
    MATURITY DATE:                         April 15, 2011
    Ref CPI on DATED DATE:                 198.48667
    TABLE FOR MONTH OF:                    July 2006
    NUMBER OF DAYS IN MONTH:               31

    CPI-U (NSA) March 2006                 199.8
    CPI-U (NSA) April 2006                 201.5
    CPI-U (NSA) May 2006                   202.5

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    July            1       2006    201.50000       1.01518
    July            2       2006    201.53226       1.01534
    July            3       2006    201.56452       1.01551
    July            4       2006    201.59677       1.01567
    July            5       2006    201.62903       1.01583
    July            6       2006    201.66129       1.01599
    July            7       2006    201.69355       1.01616
    July            8       2006    201.72581       1.01632
    July            9       2006    201.75806       1.01648
    July            10      2006    201.79032       1.01664
    July            11      2006    201.82258       1.01681
    July            12      2006    201.85484       1.01697
    July            13      2006    201.88710       1.01713
    July            14      2006    201.91935       1.01729
    July            15      2006    201.95161       1.01746
    July            16      2006    201.98387       1.01762
    July            17      2006    202.01613       1.01778
    July            18      2006    202.04839       1.01794
    July            19      2006    202.08065       1.01811
    July            20      2006    202.11290       1.01827
    July            21      2006    202.14516       1.01843
    July            22      2006    202.17742       1.01859
    July            23      2006    202.20968       1.01876
    July            24      2006    202.24194       1.01892
    July            25      2006    202.27419       1.01908
    July            26      2006    202.30645       1.01924
    July            27      2006    202.33871       1.01941
    July            28      2006    202.37097       1.01957
    July            29      2006    202.40323       1.01973
    July            30      2006    202.43548       1.01989
    July            31      2006    202.46774       1.02006