The Dormitory Authority of the State of New York hopes bringing more broker-dealers into auctions of $1.3 billion bonds it issued as auction-rate securities on behalf of nonprofits will shore up the market for those bonds, at least in the near term, DASNY said in an investor conference call yesterday. The move comes as a private company has announced it will create an online secondary market for auction-rate securities.

DASNY also began disclosing on its Web site yesterday detailed information about those auction rate securities, including broker-dealer information and the most recent interest rate reset, and plans to begin posting daily auction results.

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