Bank of Brazil decision in November?

According to the latest prediction market data for the query “Bank of Brazil decision in November?”, traders have formed a strong consensus.

Currently, 25 bps decrease is dominating the market with an overwhelming 5,000% chance of winning. 25 bps increase follows in second place at 4,350%, while No Change sits in third with 2,300%. The betting volume for this specific market has already reached —, reflecting intense industry interest.

To better assess where each potential outcome stands, the market can be segmented into three distinct trading tiers based on implied probability and contract pricing:

🥇 Tier 1: The Dominant Leader

• 25 bps decrease (5,000%): Currently commanding the highest probability, 25 bps decrease is heavily favored by the order book. Traders looking to back this outcome face a “Buy Yes” contract price of 5,000¢, signaling a high degree of market conviction.

🥈 Tier 2: The Primary Challengers

• 25 bps increase (4,350%): Positioned as the most viable alternative, 25 bps increase maintains a 4,350% chance of resolving true. Its “Buy Yes” shares currently trade at 4,350¢.
• No Change (2,300%): Sitting in third place with a 2,300% probability, the market shows measured skepticism toward No Change, treating it as an outside wildcard unless momentum shifts.

🥉 Tier 3: The Long-Tail Options (Combining for ~0%)

Beyond the top three choices, a wide field of macro variables and long-shot outcomes are being tracked. While their individual probabilities hover low, they represent crucial hedges for speculative traders:

• Alternative Options: This includes 50+ bps decrease (1,100%), and 50+ bps increase (650%).
• Speculative Volume: Despite low statistical likelihood, certain long-tail contracts like 50+ bps decrease are still attracting notable interest.

This market will resolve according to the change in basis points in the target for the Selic rate resulting from the November 2026 meeting of the Bank of Brazil’s Monetary Policy Committee (COPOM), relative to the level it was prior to this meeting.

The resolution source will be official information from the Bank of Brazil, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 3-4, 2026, as listed on the official Bank of Brazil calendar (https://www.bcb.gov.br/en/about/bcb-calendar?categoria=Monetary%20Policy%20Committee%20(Copom)). This market may resolve as soon as the statement or release of the Bank of Brazil's November 2026 Monetary Policy Committee meeting with relevant data is issued.

If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.

If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.

If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.