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

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