Q29, run 2026-11-04-1643-sonnet

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What is the Republic of Valdoria's issuer rating?

Tests: Ceilings: Valdoria has a Country Ceiling and no issuer rating.

Expected: rating = none

✅ R1 csv run 1 graded by code

None. VD has only a Country Ceiling (A12, BB), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 2 graded by code

None. VD has only a country ceiling (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 3 graded by code

None. VD only has a Country Ceiling of BB (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 4 graded by code

None. VD has only a Country Ceiling (A12, BB), not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 5 graded by code

None. The sovereign has only a Country Ceiling record (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 1 graded by code

None. The only rating for VD is a country-ceiling record (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 2 graded by code

none. VD has only a country-ceiling-type record (BB, A12), no issuer default rating.

JSON: {"rating": "none"}

✅ R2 rdf run 3 graded by code

None. VD only has a Country Ceiling of BB (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 4 graded by code

None. VD only has a country ceiling of BB (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 5 graded by code

None. VD only has a country ceiling of BB (A12).

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 1 graded by code

None. VD has only a Country Ceiling (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 2 graded by code

None. VD has only a Country Ceiling (A12, BB).

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 3 graded by code

None. VD has only a Country Ceiling (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 4 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 5 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R5 csv+ontology run 1 graded by code

None. VD has only a Country Ceiling (A12) and no issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 2 graded by code

None. VD has only a Country Ceiling (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 3 graded by code

None. VD has only a Country Ceiling (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 4 graded by code

None. VD has only a Country Ceiling (A12) and no issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 5 graded by code

None. VD has only a Country Ceiling (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 1 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R4 csv+markdown run 2 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R4 csv+markdown run 3 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R4 csv+markdown run 4 graded by code

None. VD has only a Country Ceiling (A12).

JSON: {"rating": "none"}

✅ R4 csv+markdown run 5 graded by code

None. VD has only a Country Ceiling (A12), no issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 1 graded by code

None. VD only has a country ceiling (A12, CC, BB), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 2 graded by code

None. VD has only a country ceiling (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 3 graded by code

None. VD has only a Country Ceiling record (A12, BB), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 4 graded by code

None. VD has only a country ceiling (A12, BB), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 5 graded by code

None. VD's only record is a country ceiling (CC, A12), which is not an issuer rating.

JSON: {"rating": "none"}