Brazil central bank offers up to $1 billion in dollar auctions with repurchase deals

SAO PAULO, March 26 (Reuters) - Brazil's central bank is going to offer up to $1 billion across two simultaneous dollar auctions with repurchase agreements, it said on Thursday.

In a statement, the central bank said the auctions will start at 2:30 p.m. local time (1:30 p.m. ET). The repurchases are set for May 5 and June 2, it added.