SAO PAULO, March 14 (Reuters) - Brazil's central bank
announced on Tuesday that it would hold auctions starting on
Wednesday to roll over $15.1 billion in traditional currency
swaps maturing on May 2.
In a statement, the central bank said daily traditional swap
auctions would be held as long as necessary for the expiring
stock to be fully renewed.
The central bank usually seeks to provide currency hedging
and maintain liquidity conditions to the market with its rolling
policy.
(Reporting by Carolina Pulice; Editing by Leslie Adler)
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