This market will resolve to "Yes" if Republika Srpska declares independence from Bosnia and Herzegovina through an official government act or recognized referendum before June 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any referendum that establishes Republika Srpska's desire for independence, sets a framework for independence, or establishes independence from Bosnia and Herzegovina will qualify.

If no conclusive evidence of an independence declaration is available by June 30, 2025, 11:59 PM ET, this market will resolve to "No"

Official resolution will be based on statements from the government of the Republika Srpska or of Bosnia and Herzegovina, however a consensus of credible reporting may also be used.