This market will resolve to “Yes” if the People’s Bank of China (PBoC) cuts the 7-day reverse repo rate by March 31, 2026, 11:59 PM China Standard Time (CST). Otherwise, this market will resolve to “No”. A “cut” refers to any lowering of the 7-day reverse repo rate to a level lower than the most recent effective 7-day reverse repo rate. An official announcement of a cut to the PBoC 7-day Reverse Repo Rate within this market’s timeframe will be sufficient for a “Yes” resolution, regardless of when the rate cut is stated to go into effect. The primary resolution source for this market will be official information from the People’s Bank of China, including PBoC Open Market Operations announcements (https://www.pbc.gov.cn/en/3688110/3688181/index.html); however, a consensus of credible reporting on a cut to the 7-day reverse repo rate may also be used.