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Direct Agency CMO Spreads

Average Life (Yrs.) 0 to 2 2 to 7 7+
PAC
 08/02/06  141.0  162.0  174.0
 Previous Week  143.0  163.0  176.0
 1-Month Average  144.0  164.0  177.0
 12-Month Range  120-160  140-190  150-200
           
TAC
 08/02/06  50.0  109.0  152.0
 Previous Week  50.0  110.0  154.0
 1-Month Average  50.0  111.0  155.0
 12-Month Range  40-90  90-130  130-170
           
SEQ
 08/02/06  107.0  131.0  161.0
 Previous Week  108.0  133.0  163.0
 1-Month Average  109.0  133.0  164.0
 12-Month Range  80-130  110-160  130-180
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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