Direct Agency CMO Spreads

August 14, 2006, 12:00 a.m. EDT 1 Min Read

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

PAC
08/09/06	139.0	160.0	172.0
Previous Week	141.0	162.0	174.0
1-Month Average	142.0	162.0	175.0
12-Month Range	120-160	140-190	150-200

TAC
08/09/06	50.0	107.0	150.0
Previous Week	50.0	109.0	152.0
1-Month Average	50.0	110.0	152.0
12-Month Range	40-90	90-130	130-170

SEQ
08/09/06	106.0	130.0	159.0
Previous Week	107.0	131.0	161.0
1-Month Average	108.0	132.0	162.0
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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