Direct Agency CMO Spreads

August 01, 2005, 12:00 a.m. EDT 1 Min Read

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

PAC
07/27/05	148.0	158.0	167.0
Previous Week	148.0	159.0	168.0
1-Month Average	149.0	160.0	169.0
12-Month Range	130-170	140-190	150-190

TAC
07/27/05	50.0	120.0	153.0
Previous Week	50.0	121.0	154.0
1-Month Average	50.0	122.0	155.0
12-Month Range	40-90	100-160	130-170

SEQ
07/27/05	112.0	139.0	168.0
Previous Week	111.0	138.0	169.0
1-Month Average	111.0	140.0	169.0
12-Month Range	80-130	120-160	140-190

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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