Direct Agency CMO Spreads

November 14, 2005, 12:00 a.m. EST 1 Min Read

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

PAC
11/09/05	145.0	159.0	169.0
Previous Week	144.0	158.0	168.0
1-Month Average	144.0	158.0	168.0
12-Month Range	130-170	140-190	150-190

TAC
11/09/05	50.0	115.0	152.0
Previous Week	50.0	114.0	151.0
1-Month Average	50.0	116.0	151.0
12-Month Range	40-90	100-160	130-170

SEQ
11/09/05	111.0	134.0	167.0
Previous Week	111.0	133.0	166.0
1-Month Average	111.0	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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