Description
Bank of Canada decision in March 2026: the market tracks the basis-point change to the overnight rate target announced after the March 2026 policy meeting. Resolution occurs by the Bank of Canada’s statement on March 18, 2026 (or the Brackets if no statement by the next meeting). If a rate move does not match a listed bracket, it rounds to the nearest 25 bps bracket; if no statement is released by the end date, the market resolves to No change.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| 50+ bps decrease | No | — | — | — | — | — | |
| 25 bps decrease | No | — | — | — | — | — | |
| No change | Yes | — | — | — | — | — | |
| Increase | No | — | — | — | — | — |
Rules
This market will resolve to the amount of basis points the target for the overnight rate is changed by versus the level it was prior to the Bank of Canada's March 2026 meeting. If the target for the overnight rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket. For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution. The resolution source for this market is information released by the Bank of Canada after its March 18, 2026 policy meeting, as listed on the official Bank of Canada calendar: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates This market may resolve as soon as the Bank of Canada's statement for their March meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.