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     *,.Congressional
          Research
          Service


Auction BasicsB Background for Assessing

Proposed Treasury Purchases of Mortgage-

Backed Securities


D. Andrew Auswin
Analyst in Ecinimic Pilicy

February 12, 2009


Congressional Researlh Servile
              7-5700
           www.crs.gos
             RL34707


CRS Report for Contress


Preparedfr Members and Committees of Congress