"Fed Teams With Central Banks on Credit" --> "funds bid" !?

Hallo !

Ticker meldet gerade: "Fed Teams With Central Banks on Credit"

http://hosted.ap.org/dynamic/stories/F/FED_CREDIT_CRUNCH?SITE=AP&SECTION=HOME&T...

Auszug:
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The central bank said it had reached an agreement with the European Central Bank as well as the Bank of England, the Bank of Canada and the Swiss National Bank to address what it termed "elevated pressures" in credit markets.
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Wäre gerne "Mäuschen" gewesen

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The Fed said that commercial banks would be able to bid at auction for funds that would be drawn from the Temporary Auction Facility.
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Wird hier meist- oder niedrigstbietend "verkauft" ?
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The action represented another step by the Fed to deal with a serious credit crunch stemming .... multibillion dollar losses from a rising tide of defaults on mortgage loans.
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default - also praktisch "am Ende"

Grüße

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