Getting 400 response code for api /security/roles for v1 rest whil creating roles

Getting 400 response code for api /security/roles for v1 rest whil creating roles with below error on nexus version 3.40,
'An error occurred saving data. Privilege ‘All M2 Repositories - (create)’ contained in role 'XXXX not found.

We are able to create previleges other than All-*.