Direct Agency CMO Spreads

Published May 19, 2003 12:00 AM EDT 1 Min Read

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DIRECT AGENCY CMO SPREADS
Average Life (Yrs.)	0 to 2	2 to 7	7+

PAC
05/14/03	145	157	166
Previous Week	146	158	165
1-Month Average	146	157	165
12-Month Range	120-160	120-170	140-180

TAC
05/14/03	50	135	162
Previous Week	50	135	161
1-Month Average	51	135	161
12-Month Range	40-90	90-150	130-170

SEQ
05/14/03	97	132	165
Previous Week	96	133	164
1-Month Average	96	132	165
12-Month Range	70-110	110-150	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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