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Brazil's Central Bank to Conduct $3 Billion Repurchase Agreement Auction on Tuesday

SÃO PAULO, Feb 17 (Reuters) - Brazil's central bank announced on Monday that it will conduct a dollar auction with a repurchase agreement on Tuesday morning, offering up to $3 billion to refinance debt maturing on March 6.

The auction is scheduled to take place from 10:30am to 10:35am local time, with the repurchase agreement set for October 2, as stated by the central bank. This will mark the third auction with a repurchase agreement held by the central bank in 2020.