Q31, run 2026-11-04-1616-sonnet

Did any company have a foreign-currency issuer rating above its country's ceiling on 1 October 2026?

Tests: Ceilings: the sovereign's own rating can be below its ceiling, and a local-currency rating above it.

Expected: any = no

✅ R1 csv run 1 graded by code

No. E05 is at VD's ceiling and E15 is at CV's, and none is above.

JSON: {"any": "no"}

✅ R1 csv run 2 graded by code

No. Under the country ceilings in A12 and A37, E05 and E15 sit exactly at the ceiling, not above it. No other country has a ceiling.

JSON: {"any": "no"}

✅ R1 csv run 3 graded by code

No. E05 and E15 are exactly at their ceilings, and no other country has a ceiling recorded.

JSON: {"any": "no"}

✅ R1 csv run 4 graded by code

No. E05 and E15 are at their ceilings, and the other companies' countries (GB, DE, GR, US) have no ceiling in the data.

JSON: {"any": "no"}

✅ R1 csv run 5 graded by code

No. Both companies with a ceiling sit exactly at it, and no other country has a ceiling.

JSON: {"any": "no"}

✅ R2 rdf run 1 graded by code

No. Only VD and CV have ceilings, and no company exceeds them.

JSON: {"any": "no"}

✅ R2 rdf run 2 graded by code

No. No FC rating exceeds its country's ceiling. E15's LC rating (A+) is above the ceiling, but that is local currency.

JSON: {"any": "no"}

✅ R2 rdf run 3 graded by code

No. E05 and E15 sit exactly at their ceilings, and no other company has a ceiling in the data.

JSON: {"any": "no"}

✅ R2 rdf run 4 graded by code

No. E05 and E15 sit exactly at their ceilings, and no company is above one.

JSON: {"any": "no"}

✅ R2 rdf run 5 graded by code

No. E15 and E05 are at their ceilings, not above them, and no other country has a ceiling in the data.

JSON: {"any": "no"}

✅ R6 rdf+ontology run 1 graded by code

No. E05 and E15 are at their ceilings, not above them, and LC ratings are not capped.

JSON: {"any": "no"}

✅ R6 rdf+ontology run 2 graded by code

No. E05 and E15 are at their ceilings, not above, and no other company's country has a ceiling in the data.

JSON: {"any": "no"}

✅ R6 rdf+ontology run 3 graded by code

No. E05 and E15 are at their ceilings, not above them, and no other country has a ceiling in the data.

JSON: {"any": "no"}

✅ R6 rdf+ontology run 4 graded by code

No. E05 (BB) and E15 (A) are at their ceilings, not above them.

JSON: {"any": "no"}

✅ R6 rdf+ontology run 5 graded by code

No. E05 (BB) and E15 (A) are at their ceilings, not above. No other country has a ceiling in the data.

JSON: {"any": "no"}

✅ R5 csv+ontology run 1 graded by code

No. No FC rating exceeds its ceiling.

JSON: {"any": "no"}

✅ R5 csv+ontology run 2 graded by code

No. No company's FC rating exceeds its country's ceiling.

JSON: {"any": "no"}

✅ R5 csv+ontology run 3 graded by code

No. E05 sits at its ceiling and E15 at its own, so none is above.

JSON: {"any": "no"}

✅ R5 csv+ontology run 4 graded by code

No. E05 and E15 are at their ceilings and no other country has one.

JSON: {"any": "no"}

✅ R5 csv+ontology run 5 graded by code

No. Both companies with a ceiling are exactly at it, not above it.

JSON: {"any": "no"}