Colombia holds presidential elections in June 2026, with voting scheduled for late May and potential runoff proceedings in June. Mauricio Cardenas, a former finance minister and central bank governor, represents the center-right Partido de la U party. The market currently assigns him 0% odds, reflecting polling data and trader consensus that competing candidates hold stronger positions for the presidency. This minimal probability may suggest either broad agreement that Cardenas lacks sufficient electoral support, or limited market activity focused specifically on his candidacy amid the broader uncertainty surrounding Colombian politics. The current price reflects trader estimates of his victory likelihood compared to other frontrunners in what analysts describe as a competitive multi-candidate field. Colombian elections are officially resolved when the electoral authority certifies final results, typically within days of voting. The 2026 race has garnered international attention given Colombia's strategic regional role and economic importance to Latin America. Market odds may shift substantially as campaigns unfold, fresh polling emerges, and political alliances develop throughout the election cycle, though Cardenas' present 0% odds suggest traders currently see limited pathway for his candidacy.