Direct Agency CMO Spreads

September 18, 2006, 12:00 a.m. EDT 1 Min Read

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

PAC
09/13/06	131.0	153.0	167.0
Previous Week	132.0	154.0	168.0
1-Month Average	133.0	155.0	169.0
12-Month Range	120-160	140-190	150-200

TAC
09/13/06	50.0	101.0	145.0
Previous Week	50.0	102.0	146.0
1-Month Average	50.0	103.0	147.0
12-Month Range	40-90	90-130	130-170

SEQ
09/13/06	102.0	125.0	152.0
Previous Week	103.0	126.0	153.0
1-Month Average	103.0	127.0	154.0
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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