TOTAL VOLUME:
$154.3b
24H VOL:
$228,458,490
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,879,276,037
410,833
Markets across
40,345
events
MATCHED EVENTS:
4,363
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 22, 2:29 AM EST
Kalshi
This event tracks the potential movements of the Philippines' key interest rate following a scheduled central bank meeting. Participants assess whether rate adjustments will occur and by how much, based on official announcements. The outcome hinges on the precise magnitude of any rate change declared at the meeting.
The event resolves based on the official policy rate decision announced by Bangko Sentral ng Pilipinas at its October Monetary Board meeting. Each market corresponds to a specific rate movement category: cutting more than 25 basis points, cutting between 1-25 basis points, maintaining the current rate, hiking by 1-25 basis points, or hiking more than 25 basis points. If the meeting is cancelled or delayed beyond the expiration date, all "Maintain current rate" markets resolve to Yes, and all others resolve to No. Emergency rate changes occurring outside of the scheduled meeting do not affect contract resolutions. Only changes to the primary policy rate are considered; multiple policy rates do not alter the outcome determination.
Currently, prediction market odds reflect a different perspective than many traditional analyst forecasts. While analysts are predicting a range of potential outcomes for the Philippines’ interest rate, this market allows traders to express their own beliefs and aggregate those into a collective forecast. Discrepancies between this market and analyst expectations can arise from differing information access, analytical approaches, or simply a broader range of perspectives being incorporated into the prediction market price. It's a unique way to see where the 'wisdom of the crowd' stands on this economic event.
On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing different outcomes. The price of each contract reflects the probability of that outcome occurring, as perceived by the market participants. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust dynamically, providing a real-time assessment of expectations. The current price movements are driven by traders responding to economic data releases, central bank communications, and global market conditions.
This market resolves around Oct 22, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the official announcement of the Philippines central bank’s decision regarding the benchmark interest rate. The final price of the contracts will reflect the actual outcome, and traders will be paid out based on their positions at resolution. This provides a clear and transparent process for determining the results of this market.
Several key signals could significantly move this market. Unexpected inflation data releases from the Philippines or major trading partners would likely cause price fluctuations. Any statements or press conferences from the Bangko Sentral ng Pilipinas (BSP) regarding their monetary policy outlook will be closely watched. Global economic developments, such as changes in US Federal Reserve policy or major geopolitical events, could also influence trader sentiment and impact the price of contracts in this market. Monitoring these events is crucial for understanding potential shifts in the Philippines interest rate market.