Market question: US bank failure in April?
Category: Other
Tags: economics, Business News, US News, us bank, Banking, Bank Failure, All

This market will resolve to "Yes" if any US bank fails between April 1 and April 30, 2024, 11:59 PM ET (according to FDIC's "Failed Bank List"). Otherwise, this market will resolve to "No."

For this market to resolve to "Yes", the bank's closing date as listed by the FDIC must be in April 2024. If there is a potential bank failure in April and FDIC "Failed Bank List" has not been updated yet, this market may remain open to allow for the list to be updated.

The primary resolution source for this market will be the Federal Deposit Insurance Corporation (FDIC), specifically the "Failed Bank List" available here: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/ however other official statements from the FDIC and government entities will suffice.

Outcome: Yes