SAO PAULO, Aug 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement, the monetary authority said in a statement on Thursday.
The auction aims to roll over contracts maturing on September 3, and will start on Friday at 10:30 a.m. local time, the central bank said.
The repurchase is set for December 2, the bank added.
The central bank has over recent months been holding auctions with repurchase agreements aiming to roll over maturities scheduled for the beginning of each month.