Direct Agency CMO Spreads

December 06, 2004, 12:00 a.m. EST 1 Min Read

Average Life (Yrs.)	0 to 2	2 to 7	7+

PAC
12/01/04	157.0	166.0	172.0
Previous Week	158.0	167.0	173.0
1-Month Average	159.0	167.0	173.0
12-Month Range	130-170	140-190	150-190

TAC
12/01/04	50.0	126.0	159.0
Previous Week	50.0	127.0	160.0
1-Month Average	50.0	127.0	160.0
12-Month Range	40-90	100-160	150-190

SEQ
12/01/04	107.0	142.0	180.0
Previous Week	106.0	143.0	181.0
1-Month Average	106.0	144.0	181.0
12-Month Range	100-140	130-170	140-200

All nominal spreads are in basis points over the equivalent maturity Treasury and are derived from actual transactions in each of the sectors defined.Source: Capital Management Sciences

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