Direct Agency CMO Spreads

Published September 8, 2003 12:00 AM EDT 1 Min Read

<!–

–>

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

PAC
09/03/03	152	163	169
Previous Week	153	164	168
1-Month Average	152	163	168
12-Month Range	120-160	120-170	140-180

TAC
09/03/03	50	133	157
Previous Week	50	133	158
1-Month Average	51	133	159
12-Month Range	40-90	90-150	130-170

SEQ
09/03/03	101	136	165
Previous Week	102	135	164
1-Month Average	102	135	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

For reprint and licensing requests for this article, click here.

Uncategorized

More From Asset Securitization Report

Earnings

BNY beats estimates, stays mum on merger rumors

CEO Robin Vince refused to comment on "rumors or speculation" about a potential merger between the custody banking giant and its smaller rival, Northern Trust. He also said that the bar for BNY to engage in M&A is "very high."

By Nathan Place

National Reporter

American Banker

July 15