Auction Basics: Background for Assessing Proposed Treasury Purchases of Mortgage- Backed Securities

Austin, D. Andrew

Library of Congress. Congressional Research Service.

关键词: Auctions;    Finance;    Financial crises;   

RP-ID  :  RL34707
RP-ID  :  RL34707_2008Oct14

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the administrations' proposal to use reverse Dutch auctions to purchase troubled assets -- primarily mortgage-related securities from financial institutions.