Will Bank of Canada Hike rates by 25bps at their October 2026 meeting?

Prediction markets currently give a 17% probability that Will Bank of Canada Hike rates by 25bps at their October 2026 meeting?. This contract trades at 17¢ on Kalshi, closing October 28, 2026. This market shows extreme illiquidity with zero volume and open interest despite a 195-day runway, suggesting minimal trader interest in this specific BoC outcome.

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17¢mid
Bid/Ask 12/22¢·Spread 10¢·Vol $0·OI $0·Closes Oct 28, 2026·190d remaining
KXCBDECISIONCANADA-26OCT-H25

Analysis

4d ago

This market shows extreme illiquidity with zero volume and open interest despite a 195-day runway, suggesting minimal trader interest in this specific BoC outcome. The 0¢ price reflects near-zero conviction that a 25bps hike will occur, though the 1375.6% implied yield on the Yes side indicates substantial profit potential if the contract moves—a classic sign of mispriced tail risk in thin markets. The 10¢ spread and elevated Cliff Risk Index of 7 underscore the lack of market depth, making this contract unreliable for serious position-taking.

Resolution rules

If the Bank of Canada does a Hike of 25bps at its Oct 28, 2026 meeting, then the market resolves to Yes.

Indicators

IY (Yes) 1411.1%
IY (No) 26.2%
Adj IY 706%
CRI 7
Overround -0.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)1411.1%
IY (No)26.2%
Adj IY706%
CRI7
Overround-0.3%

Regime

Label
neutral
Score
0.5
Spread
10¢
Computed
4/21/2026, 8:59:23 PM
Indicators computed 4/21/2026, 8:53:17 PM

Trade

View on kalshisf trade KXCBDECISIONCANADA-26OCT-H25 yes 100

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