Direct Agency CMO Spreads

May 22, 2006, 12:00 a.m. EDT 1 Min Read

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

PAC
05/17/06	155.0	169.0	179.0
Previous Week	154.0	168.0	180.0
1-Month Average	154.0	169.0	179.0
12-Month Range	130-170	140-190	150-190

TAC
05/17/06	50.0	117.0	158.0
Previous Week	50.0	116.0	158.0
1-Month Average	50.0	117.0	158.0
12-Month Range	40-90	100-160	130-170

SEQ
05/17/06	115.0	142.0	172.0
Previous Week	114.0	143.0	170.0
1-Month Average	115.0	144.0	171.0
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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