Treasury to Announce First Inflation-Indexed Security Auction

FOR IMMEDIATE RELEASE

December 30, 1996

The Treasury Department announced Monday that the first inflation-indexed note auction will be held in January 1997. It is anticipated that the official offering announcement will be released on January 21, 1997, with the auction to be held on January 29, 1997. The inflation-indexed notes will be issued on February 6, 1997, and dated January 15, 1997. Complete details about the offering will be provided in the official offering announcement.

To receive the final regulations from Treasury's automated fax system call (202)622-2040 and request document number 1428. The regulations can also be accessed on the Bureau of the Public Debt's web site.

The January reference CPI numbers and daily index ratios will be released on Tuesday, December 31, 1996.