Direct Agency CMO Spreads

February 12, 2007, 12:00 a.m. EST 1 Min Read

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

PAC
02/07/07	124.0	140.0	147.0
Previous Week	122.0	138.0	145.0
1-Month Average	126.0	146.0	161.0
12-Month Range	100-140	120-160	130-170

TAC
02/07/07	54.0	100.0	137.0
Previous Week	53.0	98.0	135.0
1-Month Average	50.0	97.0	141.0
12-Month Range	40-90	70-120	120-160

SEQ
02/07/07	92.0	121.0	142.0
Previous Week	91.0	120.0	141.0
1-Month Average	99.0	120.0	146.0
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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