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Direct Agency CMO Spreads

Average Life (Yrs.) 0 to 2 2 to 7 7+
PAC
 11/08/06  126.0  147.0  162.0
 Previous Week  127.0  148.0  163.0
 1-Month Average  127.0  149.0  164.0
 12-Month Range  100-140  120-170  130-180
           
TAC
 11/08/06  50.0  96.0  140.0
 Previous Week  50.0  97.0  141.0
 1-Month Average  50.0  98.0  142.0
 12-Month Range  40-90  70-120  120-160
           
SEQ
 11/08/06  97.0  119.0  145.0
 Previous Week  98.0  120.0  146.0
 1-Month Average  99.0  121.0  147.0
 12-Month Range  70-130  100-150  120-170
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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