Will the Bank of Brazil decrease the Selic rate after April 2026 meeting?
What resolves this contract
This market will resolve according to the change in the target for the Selic rate as a result of the monetary policy decision of the Bank of Brazil's April 2026 meeting versus the level it was prior to this meeting. The resolution source for this market is information released by the Bank of Brazil after its April 2026 policy meeting, currently scheduled for April 27-28, as listed on the official Bank of Brazil calendar: https://www.bcb.gov.br/en/about/bcb-calendar This market may resolve as soon as the Bank of Brazil's statement for their April meeting with relevant data is issued. If no st
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 95¢ means the market is pricing in a 95.0% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($96,381) reflects every buy and sell across the life of this contract. Open interest ($13,416) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Similar markets on the US-regulated exchange
Kalshi lists related contracts US traders can legally access. Spread is typically similar; liquidity varies.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will the US acquire part of Greenland in 2026? | 14¢ | $9,667,733 |
| Will xAI have the best AI model at the end of April 2026? | 1¢ | $997,001 |
| Will 7 Fed rate cuts happen in 2026? | 1¢ | $979,836 |
Common questions about this market
How is this market resolved?
This market will resolve according to the change in the target for the Selic rate as a result of the monetary policy decision of the Bank of Brazil's April 2026 meeting versus the level it was prior to this meeting. The resolution source for this market is information released by the Bank of Brazil after its April 2026 policy meeting, currently scheduled for April 27-28, as listed on the official Bank of Brazil calendar: https://www.bcb.gov.br/en/about/bcb-calendar This market may resolve as soon as the Bank of Brazil's statement for their April meeting with relevant data is issued. If no st
When does this contract expire?
This contract closes on 2026-04-28, 1 day from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 95¢?
If the event resolves YES, each YES contract pays $1 , a profit of 5¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 95¢ is lost. Current market price implies a 95.0% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $96,381 in total traded volume and $13,416 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.