Treasury Calls 8-1/4 Percent Bonds of 2000-05

FOR IMMEDIATE RELEASE

January 14, 2000

The Treasury today announced the call for redemption at par on May 15, 2000, of the 8-1/4% Treasury Bonds of 2000-05, issued May 15, 1975, due May 15, 2005 (CUSIP No. 912810BU1). There are $4,224 million of these bonds outstanding, of which $2,047 million* are held by private investors. Securities not redeemed on May 15, 2000, will cease to earn interest.

Payment will be made automatically by the Treasury for bonds in book-entry form, whether held on the books of the Federal Reserve Banks or in TreasuryDirect accounts. Bonds held in coupon or registered form should be presented for redemption to financial institutions or mailed directly to the Bureau of the Public Debt, Definitive Processing Group, P.O. Box 426, Parkersburg, WV 26106-0426.

* This number represents the correct amount held by private investors. The initial release reported this figure in error.