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2-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2016

Ref CPI and Index Ratios for March 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series D-2016
    CUSIP NUMBER:                           912828FL9
    DATED DATE:                             July 15, 2006
    ORIGINAL ISSUE DATE:                    July 17, 2006
    ADDITIONAL ISSUE DATE:                  October 16, 2006
    MATURITY DATE:                          July 15, 2016
    Ref CPI on DATED DATE:                  201.95161
    TABLE FOR MONTH OF:                     March 2007
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2006               201.5
    CPI-U (NSA) December 2006               201.8
    CPI-U (NSA) January 2007                202.416

    Month    Calendar Day   Year    Ref CPI       Index Ratio

    March           1       2007    201.80000       0.99925
    March           2       2007    201.81987       0.99935
    March           3       2007    201.83974       0.99945
    March           4       2007    201.85961       0.99954
    March           5       2007    201.87948       0.99964
    March           6       2007    201.89935       0.99974
    March           7       2007    201.91923       0.99984
    March           8       2007    201.93910       0.99994
    March           9       2007    201.95897       1.00004
    March           10      2007    201.97884       1.00013
    March           11      2007    201.99871       1.00023
    March           12      2007    202.01858       1.00033
    March           13      2007    202.03845       1.00043
    March           14      2007    202.05832       1.00053
    March           15      2007    202.07819       1.00063
    March           16      2007    202.09806       1.00073
    March           17      2007    202.11794       1.00082
    March           18      2007    202.13781       1.00092
    March           19      2007    202.15768       1.00102
    March           20      2007    202.17755       1.00112
    March           21      2007    202.19742       1.00122
    March           22      2007    202.21729       1.00132
    March           23      2007    202.23716       1.00141
    March           24      2007    202.25703       1.00151
    March           25      2007    202.27690       1.00161
    March           26      2007    202.29677       1.00171
    March           27      2007    202.31665       1.00181
    March           28      2007    202.33652       1.00191
    March           29      2007    202.35639       1.00200
    March           30      2007    202.37626       1.00210
    March           31      2007    202.39613       1.00220