Brazil’s country risk at the end of December 2026
Market Rules
This event predicts Brazil’s country risk as measured by the 5-year Credit Default Swap (CDS) value on December 31, 2026. The Primary Designated Source (PDS) is the Brazil 5-year CDS data published by World Government Bonds, available at worldgovernmentbonds.com
If the data for December 31, 2026 is delayed, unavailable, or unclear, the Secondary Confirmation Mechanism (SCM) will be confirmation from the same provider’s historical records once available, or a clear consensus of reporting by major financial news organizations citing Brazil’s 5-year CDS levels. Futuur will resolve these markets according to the substantive CDS value and the intent of the markets, not minor technical or formatting differences. If the CDS calculation methodology changes significantly, Futuur will use the most comparable figure for resolution; if no fair determination is possible, the markets may be cancelled with a public explanation.