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

Published Feb 12, 2009Updated Jun 20, 2025

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

Auction Basics: Background for Assessing Proposed Treasury Purchases of Mortgage-Backed Se… — Informed