TABLE V - HOLDINGS OF TREASURY SECURITIES IN STRIPPED FORM, MARCH 31, 2004 Corpus Amount Outstanding in Thousands Loan Description STRIP Maturity Date Reconstituted CUSIP Total Portion Held inPortion Held in This Month 17 Outstanding Unstripped Form Stripped Form Treasury Bonds: CUSIP: Interest Rate: 912810 DM7 11-5/8 912803 AB9 11/15/04 8,301,806 4,775,156 3,526,650 201,600 DQ8 12 AD5 05/15/05 4,260,758 2,087,251 2,173,507 26,300 DR6 10-3/4 AG8 08/15/05 9,269,713 6,278,284 2,991,429 12,000 DU9 9-3/8 AJ2 02/15/06 4,755,916 4,302,982 452,934 4,272 DN5 11-3/4 912800 AA7 11/15/14 5,015,284 1,944,562 3,070,722 7,200 DP0 11-1/4 912803 AA1 02/15/15 10,520,299 8,313,040 2,207,259 179,760 DS4 10-5/8 AC7 08/15/15 4,023,916 3,365,631 658,285 68,360 DT2 9-7/8 AE3 11/15/15 5,584,859 3,427,968 2,156,891 124,800 DV7 9-1/4 AF0 02/15/16 5,431,754 5,034,540 397,214 248,600 DW5 7-1/4 AH6 05/15/16 18,823,551 18,482,298 341,253 383,400 DX3 7-1/2 AK9 11/15/16 18,787,448 17,485,129 1,302,319 76,320 DY1 8-3/4 AL7 05/15/17 15,559,169 8,100,402 7,458,767 289,440 DZ8 8-7/8 AM5 08/15/17 10,968,358 7,355,363 3,612,995 16,000 EA2 9-1/8 AN3 05/15/18 6,717,439 2,648,521 4,068,918 175,200 EB0 9 AP8 11/15/18 7,174,470 3,223,298 3,951,172 333,400 EC8 8-7/8 AQ6 02/15/19 13,090,498 7,412,787 5,677,711 793,930 ED6 8-1/8 AR4 08/15/19 18,940,932 17,277,362 1,663,570 999,640 EE4 8-1/2 AS2 02/15/20 9,476,268 6,725,285 2,750,983 835,200 EF1 8-3/4 AT0 05/15/20 7,582,183 3,155,656 4,426,527 251,240 EG9 8-3/4 AU7 08/15/20 17,059,306 9,862,938 7,196,368 573,660 EH7 7-7/8 AV5 02/15/21 10,075,573 8,450,989 1,624,584 102,400 EJ3 8-1/8 AW3 05/15/21 10,066,788 4,128,921 5,937,867 369,160 EK0 8-1/8 AX1 08/15/21 9,506,382 6,520,047 2,986,335 442,640 EL8 8 AY9 11/15/21 30,632,194 15,693,746 14,938,448 2,460,850 EM6 7-1/4 AZ6 08/15/22 10,127,790 8,278,430 1,849,360 406,800 EN4 7-5/8 BA0 11/15/22 7,423,626 4,026,819 3,396,807 1,267,200 EP9 7-1/8 BB8 02/15/23 15,782,061 9,783,289 5,998,772 955,300 EQ7 6-1/4 BC6 08/15/23 22,659,044 19,605,851 3,053,193 534,304 ES3 7-1/2 BD4 11/15/24 9,604,162 3,760,659 5,843,503 533,960 ET1 7-5/8 BE2 02/15/25 9,509,170 3,261,493 6,247,677 422,600 EV6 6-7/8 BF9 08/15/25 11,187,207 5,875,165 5,312,042 632,340 EW4 6 BG7 02/15/26 12,837,916 12,090,972 746,944 107,500 EX2 6-3/4 BH5 08/15/26 8,810,418 5,265,126 3,545,292 641,400 EY0 6-1/2 BJ1 11/15/26 10,860,177 4,616,265 6,243,912 486,600 EZ7 6-5/8 BK8 02/15/27 9,521,971 4,637,027 4,884,944 103,000 FA1 6-3/8 BL6 08/15/27 9,196,756 5,455,867 3,740,889 152,200 FB9 6-1/8 BM4 11/15/27 22,021,339 8,472,185 13,549,154 1,505,345 FE3 5-1/2 BP7 08/15/28 11,776,201 10,535,591 1,240,610 76,850 FF0 5-1/4 BV4 11/15/28 10,947,052 10,118,528 828,524 224,800 FG8 5-1/4 BW2 02/15/29 11,350,341 10,434,145 916,196 191,700 FJ2 6-1/8 CG6 08/15/29 11,178,580 9,792,383 1,386,197 283,000 FM5 6-1/4 CH4 05/15/30 17,043,162 11,692,273 5,350,889 191,276 FP8 5-3/8 CK7 02/15/31 16,427,648 16,218,048 209,600 0 Total Treasury Bonds............... 499,889,485 339,972,272 159,917,213 17,691,547 Treasury Inflation-Indexed Notes: CUSIP: Series: Interest Rate: 912827 2M3 A 3-3/8 912820 BV8 01/15/07 18,417,129 18,417,129 0 0 3T7 A 3-5/8 CL9 01/15/08 19,269,062 19,154,444 114,618 0 4Y5 A 3-7/8 DN4 01/15/09 17,955,237 17,955,237 0 0 5W8 A 4-1/4 EK9 01/15/10 12,459,852 12,459,852 0 0 6R8 A 3-1/2 GA9 01/15/11 11,704,222 11,704,222 0 0 7J5 A 3-3/8 GT8 01/15/12 6,261,506 6,261,506 0 0 912828 AF7 C 3 HC4 07/15/12 23,705,240 23,705,240 0 0 BD1 C 1-7/8 JA6 07/15/13 20,172,387 20,172,387 0 0 BW9 A 2 JT5 01/15/14 12,026,087 12,026,087 0 0 Total Inflation-Indexed Notes...... 141,970,723 141,856,105 114,618 0 Treasury Inflation-Indexed Bonds: CUSIP: Interest Rate: 912810 FD5 3-5/8 912803 BN2 04/15/28 19,214,900 19,209,176 5,724 0 FH6 3-7/8 CF8 04/15/29 21,961,118 21,820,319 140,799 0 FQ6 3-3/8 CL5 04/15/32 5,228,864 5,228,864 0 0 Total Inflation-Indexed Bonds...... 46,404,882 46,258,359 146,523 0 TABLE V - HOLDINGS OF TREASURY SECURITIES IN STRIPPED FORM, MARCH 31, 2004 -- Continued Corpus Amount Outstanding in Thousands Loan Description STRIP Maturity Date Reconstituted CUSIP Total Portion Held inPortion Held in This Month 17 Outstanding Unstripped Form Stripped Form Treasury Notes: CUSIP: Series: Interest Rate: 912828 AB6 M 3-3/8 912820 GY7 04/30/04 32,654,971 31,294,971 1,360,000 0 912827 P89 B 7-1/4 BJ5 05/15/04 14,440,372 12,140,123 2,300,249 36,000 5F5 F 5-1/4 DU8 05/15/04 18,925,383 18,059,783 865,600 0 912828 AD2 N 3-1/4 HA8 05/31/04 33,297,400 33,297,400 0 0 AE0 P 2-7/8 HB6 06/30/04 34,050,042 34,046,842 3,200 0 AG5 Q 2-1/4 HD2 07/31/04 33,250,010 33,244,410 5,600 0 912827 Q88 C 7-1/4 BK2 08/15/04 13,346,467 10,584,701 2,761,766 112,400 5M0 G 6 DZ7 08/15/04 18,089,806 18,089,806 0 0 912828 AK6 R 2-1/8 HG5 08/31/04 34,541,397 34,541,397 0 0 AL4 S 1-7/8 HH3 09/30/04 34,655,535 34,647,535 8,000 0 AM2 T 2-1/8 HJ9 10/31/04 32,439,549 32,437,949 1,600 0 912827 R87 D 7-7/8 BL0 11/15/04 14,373,760 14,321,070 52,690 4,800 5S7 H 5-7/8 EE3 11/15/04 32,658,145 32,656,545 1,600 0 912828 AQ3 U 2 HM2 11/30/04 32,871,320 32,871,320 0 0 AR1 V 1-3/4 HN0 12/31/04 33,203,363 33,203,363 0 0 AS9 G 1-5/8 HP5 01/31/05 33,837,124 33,837,124 0 0 912827 S86 A 7-1/2 BM8 02/15/05 13,834,754 12,800,707 1,034,047 23,600 912828 AV2 H 1-1/2 HS9 02/28/05 35,331,909 35,331,909 0 0 AW0 J 1-5/8 HT7 03/31/05 35,211,162 35,207,962 3,200 0 AX8 K 1-5/8 HU4 04/30/05 34,295,459 34,295,459 0 0 912827 T85 B 6-1/2 BN6 05/15/05 14,739,504 14,739,104 400 0 6D9 E 6-3/4 ER4 05/15/05 28,562,370 28,170,370 392,000 7,200 912828 BB5 L 1-1/4 HY6 05/31/05 31,020,836 31,020,836 0 0 BC3 M 1-1/8 HZ3 06/30/05 31,701,455 31,701,455 0 0 BE9 N 1-1/2 JB4 07/31/05 29,997,026 29,997,026 0 0 912827 U83 C 6-1/2 BP1 08/15/05 15,002,580 15,002,180 400 0 912828 BJ8 P 2 JF5 08/31/05 30,592,178 30,592,178 0 0 BL3 Q 1-5/8 JH1 09/30/05 31,538,969 31,538,969 0 0 BN9 R 1-5/8 JK4 10/31/05 32,368,420 32,368,420 0 0 912827 V82 D 5-7/8 BQ9 11/15/05 15,209,920 14,262,781 947,139 36,800 6N7 F 5-3/4 FX0 11/15/05 28,062,797 27,272,197 790,600 0 912828 BS8 S 1-7/8 JP3 11/30/05 32,203,806 32,203,806 0 0 BU3 T 1-7/8 JR9 12/31/05 33,996,270 33,996,270 0 0 BX7 K 1-7/8 JU2 01/31/06 32,533,188 32,533,188 0 0 912827 W81 A 5-5/8 BR7 02/15/06 15,513,587 15,508,467 5,120 960 912828 CB4 L 1-5/8 JY4 02/28/06 34,001,950 34,001,950 0 0 CD0 M 1-1/2 KA4 03/31/06 34,339,493 34,339,493 0 0 X80 B 6-7/8 BS5 05/15/06 16,015,475 14,998,710 1,016,765 4,480 6X5 E 4-5/8 GG6 05/15/06 27,797,852 27,797,852 0 0 912828 AY6 G 2 HV2 05/15/06 22,391,759 22,391,759 0 0 912827 Y55 C 7 BT3 07/15/06 22,740,446 22,537,646 202,800 0 912828 BF6 H 2-3/8 JC2 08/15/06 27,909,346 27,840,546 68,800 0 912827 Z62 D 6-1/2 BU0 10/15/06 22,459,675 22,395,675 64,000 0 7F3 F 3-1/2 GQ4 11/15/06 35,380,129 34,914,366 465,763 19,700 912828 BP4 J 2-5/8 JL2 11/15/06 26,535,905 26,535,905 0 0 912827 2J0 B 6-1/4 BW6 02/15/07 13,103,678 12,809,070 294,608 15,700 912828 BY5 H 2-1/4 JV0 02/15/07 25,469,287 25,469,287 0 0 912827 2U5 C 6-5/8 BX4 05/15/07 13,958,186 12,932,861 1,025,325 44,800 912828 AC4 E 4-3/8 GZ4 05/15/07 24,351,431 24,351,431 0 0 912827 3E0 D 6-1/8 CA3 08/15/07 25,636,803 24,243,652 1,393,151 78,700 912828 AH3 F 3-1/4 HE0 08/15/07 25,410,844 25,410,844 0 0 AN0 G 3 HK6 11/15/07 23,311,319 23,030,339 280,980 38,600 912827 3X8 B 5-1/2 CQ8 02/15/08 13,583,412 13,302,415 280,997 9,660 912828 AT7 E 3 HQ3 02/15/08 27,489,260 27,481,060 8,200 0 912827 4F6 C 5-5/8 CY1 05/15/08 27,190,961 26,959,534 231,427 1,000 912828 AZ3 F 2-5/8 HW0 05/15/08 33,338,446 33,338,446 0 0 BG4 G 3-1/4 JD0 08/15/08 21,357,474 21,291,974 65,500 24,800 BK5 H 3-1/8 JG3 09/15/08 16,002,177 15,990,977 11,200 0 BM1 J 3-1/8 JJ7 10/15/08 15,995,702 15,995,702 0 0 912827 4V1 D 4-3/4 DK0 11/15/08 25,083,125 24,833,380 249,745 500 912828 BQ2 K 3-3/8 JM0 11/15/08 18,181,033 18,181,033 0 0 BT6 L 3-3/8 JQ1 12/15/08 16,000,028 16,000,028 0 0 BV1 D 3-1/4 JS7 01/15/09 16,002,546 16,002,546 0 0 BZ2 E 3 JW8 02/15/09 17,433,763 17,433,763 0 0 CC2 F 2-5/8 JZ1 03/15/09 16,001,063 16,001,063 0 0 912827 5G3 B 5-1/2 DV6 05/15/09 14,794,790 14,739,050 55,740 960 5N8 C 6 EA1 08/15/09 27,399,894 26,817,651 582,243 700 5Z1 B 6-1/2 EM5 02/15/10 23,355,709 23,349,389 6,320 400 6J6 C 5-3/4 FT9 08/15/10 22,437,594 22,436,074 1,520 0 6T4 B 5 GC5 02/15/11 23,436,329 23,406,709 29,620 0 7B2 C 5 GL5 08/15/11 26,635,316 26,413,276 222,040 0 7L0 B 4-7/8 GV3 02/15/12 24,779,838 24,768,238 11,600 0 912828 AJ9 D 4-3/8 HF7 08/15/12 19,647,976 19,634,456 13,520 0 AP5 E 4 HL4 11/15/12 18,112,742 18,112,542 200 0 AU4 A 3-7/8 HR1 02/15/13 19,498,396 19,493,756 4,640 0 BA7 B 3-5/8 HX8 05/15/13 18,253,553 18,247,153 6,400 0 BH2 D 4-1/4 JE8 08/15/13 33,521,123 33,497,923 23,200 0 BR0 E 4-1/4 JN8 11/15/13 30,636,844 30,636,844 0 0 CA6 B 4 JX6 02/15/14 28,081,066 28,081,066 0 0 Total Treasury Notes............... 1,983,414,572 1,966,265,057 17,149,515 461,760 Grand Total................................................ 2,671,679,662 2,494,351,792 177,327,869 18,153,307