Market resolves to YES if the Bank of England's Monetary Policy Committee (MPC) sets the official Bank Rate below 3.00% at any scheduled MPC meeting held on or before 31 December 2026. A rate of exactly 3.00% does not resolve YES — it must be strictly below 3.00%. Source: Bank of England official MPC announcements (bankofengland.co.uk). The Bank Rate as of March 2026 is 3.75%.