This market will resolve to the amount of basis points the target for the Selic rate is changed by versus the level it was prior to the Central Bank of Brazil's January 2026 meeting. The resolution source for this market is information released by the Bank of Brazil after its January 2026 policy meeting, currently scheduled for January 26-27, 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 January meeting with relevant data is issued. If no statement is released by the end date of the meeting, this market will resolve to the "No change" bracket.