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<AuctionAnnouncement>
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<SecurityTermDayMonth>0-MONTH</SecurityTermDayMonth>
<SecurityType>NOTE</SecurityType>
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<AnnouncementDate>2008-05-22</AnnouncementDate>
<AuctionDate>2008-05-29</AuctionDate>
<IssueDate>2008-06-02</IssueDate>
<MaturityDate>2013-05-31</MaturityDate>
<OfferingAmount>19.0</OfferingAmount>
<CompetitiveTenderAccepted>Y</CompetitiveTenderAccepted>
<NonCompetitiveTenderAccepted>Y</NonCompetitiveTenderAccepted>
<TreasuryDirectTenderAccepted>Y</TreasuryDirectTenderAccepted>
<AllTenderAccepted>Y</AllTenderAccepted>
<TypeOfAuction>SINGLE PRICE</TypeOfAuction>
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<NonCompetitiveClosingTime>12:00</NonCompetitiveClosingTime>
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<MinToIssue>100</MinToIssue>
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<CurrentlyOutstanding/>
<SOMAIncluded>N</SOMAIncluded>
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<FIMAIncluded>Y</FIMAIncluded>
<Series>L-2013</Series>
<InterestRate/>
<FirstInterestPaymentDate>2008-11-30</FirstInterestPaymentDate>
<StandardInterestPayment/>
<FrequencyInterestPayment>SEMI-ANNUAL</FrequencyInterestPayment>
<StrippableIndicator>Y</StrippableIndicator>
<MinStripAmount>100</MinStripAmount>
<CorpusCUSIP>912820QY6</CorpusCUSIP>
<TINTCUSIP1>912834AA6</TINTCUSIP1>
<TINTCUSIP2/>
<ReOpeningIndicator>N</ReOpeningIndicator>
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<BackDated>Y</BackDated>
<BackDatedDate>2008-05-31</BackDatedDate>
<LongShortNormalCoupon>N</LongShortNormalCoupon>
<LongShortCouponFirstIntPmt/>
<Callable>N</Callable>
<CallDate/>
<InflationIndexSecurity>N</InflationIndexSecurity>
<RefCPIDatedDate/>
<IndexRatioOnIssueDate/>
<CPIBasePeriod/>
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<AccruedInterest/>
<DatedDate>2008-05-31</DatedDate>
<AnnouncedCUSIP/>
<UnadjustedPrice/>
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<AnnouncementPDFName>A_20080522_4.pdf</AnnouncementPDFName>
<OriginalDatedDate/>
<AdjustedAmountCurrentlyOutstanding/>
<NLPExclusionAmount>0.0</NLPExclusionAmount>
<MaximumNonCompAward>5000000.0</MaximumNonCompAward>
<AdjustedAccruedInterest/>
</AuctionAnnouncement>
<AuctionResults>
<LongShortCouponFirstIntPmt/>
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<PrimaryDealerAccepted>15604972000</PrimaryDealerAccepted>
<DirectBidderTendered>173010000</DirectBidderTendered>
<DirectBidderAccepted>148010000</DirectBidderAccepted>
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<IndirectBidderAccepted>3104000000</IndirectBidderAccepted>
<CompetitiveTendered>34772010000</CompetitiveTendered>
<CompetitiveAccepted>18856982000</CompetitiveAccepted>
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<SOMATendered>1523481200</SOMATendered>
<SOMAAccepted>1523481200</SOMAAccepted>
<FIMATendered>25000000</FIMATendered>
<FIMAAccepted>25000000</FIMAAccepted>
<TotalTendered>36438569800</TotalTendered>
<TotalAccepted>20523541800</TotalAccepted>
<BidToCoverRatio>1.84</BidToCoverRatio>
<ReleaseTime>13:01</ReleaseTime>
<AmountAcceptedBelowLowRate>5</AmountAcceptedBelowLowRate>
<HighAllocationPercentage>86.36</HighAllocationPercentage>
<LowDiscountRate/>
<HighDiscountRate/>
<MedianDiscountRate/>
<LowYield>3.390</LowYield>
<HighYield>3.520</HighYield>
<MedianYield>3.465</MedianYield>
<LowPrice/>
<HighPrice>99.908798</HighPrice>
<MedianPrice/>
<TIINConversionFactor/>
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<StandardInterestPayment>17.50</StandardInterestPayment>
<InterestRate>3.500</InterestRate>
<OriginalCUSIP/>
<UnadjustedPrice/>
<UnadjustedAccruedInterest/>
<TreasuryDirectAccepted>75720600</TreasuryDirectAccepted>
<InvestmentRate/>
<AdjustedPrice/>
<AdjustedAccruedInterest/>
<IndexRatio/>
<ResultsPDFName>R_20080529_2.pdf</ResultsPDFName>
</AuctionResults>
</bpd:AuctionData>
