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

Presents information on uses, design, and functions of auctions. Reviews common types of auctions used by Federal Government, in light of Department of Treasury purchase of mortgage-backed securities. Highlights elements of auction design that may pose challenges to Secretary of Treasury in administ...

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Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2009.
Series:	U.S. Congressional Research.
Subjects:	Fiscal policy. Business. Mortgages. Electronic books.
Online Access:	Connect to the full text of this electronic book