Direct Agency CMO Spreads

October 17, 2005, 12:00 a.m. EDT 1 Min Read

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

PAC
10/12/05	144.0	156.0	167.0
Previous Week	145.0	156.0	168.0
1-Month Average	145.0	158.0	167.0
12-Month Range	130-170	140-190	150-190

TAC
10/12/05	50.0	117.0	151.0
Previous Week	50.0	118.0	151.0
1-Month Average	50.0	118.0	151.0
12-Month Range	40-90	100-160	130-170

SEQ
10/12/05	112.0	136.0	168.0
Previous Week	113.0	137.0	167.0
1-Month Average	112.0	135.0	167.0
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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