Direct Agency CMO Spreads

Published October 20, 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
10/08/03	152	162	171
Previous Week	151	163	170
1-Month Average	151	163	170
12-Month Range	120-160	120-170	140-180

TAC
10/08/03	50	132	160
Previous Week	50	133	159
1-Month Average	51	133	159
12-Month Range	40-90	90-150	130-170

SEQ
10/08/03	103	135	167
Previous Week	104	134	168
1-Month Average	103	135	168
12-Month Range	80-120	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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