This market will resolve according to the change in the target for the Selic rate as a result of the monetary policy decision of the Bank of Brazil's April 2026 meeting versus the level it was prior to this meeting. The resolution source for this market is information released by the Bank of Brazil after its April 2026 policy meeting, currently scheduled for April 27-28, as listed on the official Bank of Brazil calendar: https://www.bcb.gov.br/en/about/bcb-calendar This market may resolve as soon as the Bank of Brazil's statement for their March meeting with relevant data is issued. If no statement is released by the end date of the meeting, this market will resolve to the "No change" bracket.