Date Coupon GNMA FHLMC
Gold
Ten-Year
Treasury
GNMA
Spread
FNMA
Spread
07/31/03 5.5 5.66 5.72 4.48 118.0 124.0
08/01/03 5.5 5.72 5.80 4.41 131.0 139.0
08/04/03 5.5 5.66 5.74 4.33 133.0 141.0
08/05/03 5.5 5.63 5.71 4.45 118.0 126.0
08/06/03 5.0 5.45 5.51 4.29 116.0 122.0

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