Brazil cenbank to auction up to $1 billion with repurchase deal on July 29
SAO PAULO, July 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement on Tuesday morning, the monetary authority said in a statement on Monday.
The auction aims to roll over contracts maturing on August 4, and will start at 10:30 a.m. local time, the central bank said.
The repurchase is set for November 4, the bank added.
In recent months, the central bank has been holding auctions with repurchase agreements aiming to roll over maturities scheduled for the beginning of each month.
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