Brazil’s country risk at the end of December 2025
Market Rules
The "country risk" is a way to express the insolvency probability of a nation to foreign creditors. The country's risk can be measured by some indicators, such as the Credit Default Swap (CDS), which will be used as the criterion for this market's resolution.
The alternative whose range of value contains the value of the Brazilian CDS on December 31, 2025, will be considered the winning outcome of this market.
Futuur will use the data made available at http://www.worldgovernmentbonds.com/cds-historical-data/brazil/5-years/ as reference to measure Brazil's CDS.
If the method for calculating CDS changes significantly, Futuur will use its discretion to determine the most comparable figure for resolution.