Both leading candidates advanced from the October 4 first-round vote—where Flávio Bolsonaro captured 47% and incumbent Lula 45%—to a October 25 runoff, prompting networks to schedule multiple head-to-head debates. Flávio Bolsonaro publicly confirmed on October 6 his intent to participate, citing plans to contrast government records and platforms. Lula’s Workers’ Party leadership and communications officials have signaled the president will attend the largest possible number of encounters to convert undecided voters. Scheduled events include Band on October 11 or 18, Record, and Globo on October 23. These confirmations and fixed calendar dates underpin the elevated trader consensus on a debate occurring before the runoff.