Direct Agency CMO Spreads

August 21, 2006, 12:00 a.m. EDT 1 Min Read

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

PAC
08/16/06	138.0	158.0	171.0
Previous Week	139.0	160.0	172.0
1-Month Average	140.0	161.0	173.0
12-Month Range	120-160	140-190	150-200

TAC
08/16/06	50.0	106.0	149.0
Previous Week	50.0	107.0	150.0
1-Month Average	50.0	108.0	151.0
12-Month Range	40-90	90-130	130-170

SEQ
08/16/06	105.0	129.0	157.0
Previous Week	106.0	130.0	159.0
1-Month Average	107.0	131.0	160.0
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

MORE FROM ASSET SECURITIZATION REPORT

Securitization

Duke Energy Progress prepares to issue $177.3 million in storm recovery bonds

The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.

By Donna M. Mitchell

5h ago
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

April 24
Securitization

Hilton Grand prepares to float $240 million in timeshare loans

Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.

By Donna M. Mitchell

April 23
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23
Securitization

Following a boom year, Lendbuzz floats $215.7 million in auto ABS

Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.

By Donna M. Mitchell

April 23
Bank stocks

Climate change, stifled mergers and other challenges facing banks and investors

Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.

By Courtney Hoff Dockerty

April 23