Will the Bank of Russia cut more than 25bps at the October Board of Directors’ key rate meeting?

If the Bank of Russia takes the action of cut more than 25bps at the October Board of Directors’ key rate meeting, then the market resolves to Yes. The market resolves based on the official policy rate decision announced by the central bank. For central banks with multiple policy rates, only changes to the primary policy rate count. If the meeting is cancelled or delayed past the expiration date, markets for "Maintain current rate" resolve to Yes and all others resolve to No. Emergency rate changes between scheduled meetings do not affect resolution of contracts tied to scheduled meetings.