Q44, run 2026-11-04-1643-sonnet

Is Valdoria Telecom's 2027 note a local-currency obligation?

Tests: Local codes: XVD is the Valdorian dollar.

Expected: local_currency = yes

✅ R1 csv run 1 graded by code

Yes, probably. I07 is in XVD, which looks like Valdoria's currency, but the data does not define it.

JSON: {"local_currency": "yes"}

❌ R1 csv run 2 graded by code

Depends. I07's currency is "XVD", which the data does not define, so it can't be confirmed as Valdoria's local currency.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends

✅ R1 csv run 3 graded by code

Yes, probably. Its currency is XVD, which looks like a Valdoria currency code, but the data never defines it.

JSON: {"local_currency": "yes"}

❌ R1 csv run 4 graded by code

Depends. I07's currency is XVD, which isn't a standard code and isn't defined in the data. It is probably Valdoria's currency, but the data doesn't confirm that.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends

✅ R1 csv run 5 graded by code

Yes. I07 is in XVD, which appears to be Valdoria's currency, and its BBB- matches the local-currency rating (A13, A45). The data does not define XVD explicitly.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 1 graded by code

Yes, probably. I07 is in XVD, which the data does not define, but its BBB- matches E05's LC rating.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 2 graded by code

Yes, by inference. I07 is in XVD and issued by VD-domiciled E05, and its BBB- matches E05's LC rating. The data does not define XVD explicitly.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 3 graded by code

Yes, by inference. I07 is in XVD, and its BBB- rating matches E05's LC rating (A13). The data doesn't state that XVD is Valdoria's currency.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 4 graded by code

Yes, most likely. XVD appears to be Valdoria's currency, and I07's BBB- matches E05's LC rating. The data doesn't define XVD explicitly.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 5 graded by code

Yes, by inference. I07 is denominated in XVD, which appears to be Valdoria's currency, and its BBB- rating matches E05's local-currency rating. The data does not say explicitly that XVD is Valdoria's currency.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 1 graded by code

Yes. I07 is denominated in XVD, the domestic currency of VD.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 2 graded by code

Yes. I07 is in XVD, the domestic currency of VD, and its issuer E05 is domiciled in VD.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 3 graded by code

Yes. I07 is in XVD, the domestic currency of VD, and its issuer E05 is domiciled in VD.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 4 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 5 graded by code

Yes. I07 is in XVD, the domestic currency of E05's country VD.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 1 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 2 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 3 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where the issuer E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 4 graded by code

Yes. I07 is in XVD, the domestic currency of VD.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 5 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 1 graded by code

Yes. I07 is in XVD, the domestic currency of VD.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 2 graded by code

Yes. I07 is in XVD, the domestic currency of VD.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 3 graded by code

Yes. I07 is in XVD, VD's domestic currency.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 4 graded by code

Yes. I07 is in XVD, the domestic currency of VD, where the issuer E05 is domiciled.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 5 graded by code

Yes. I07 is in XVD, the domestic currency of VD, the issuer's country.

JSON: {"local_currency": "yes"}

❌ R3 csv+padding run 1 graded by code

Depends. I07 is in "XVD" (a currency code not defined in the data), and its BBB- matches E05's LC rating (A13), but the data never says XVD is Valdoria's local currency.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends

❌ R3 csv+padding run 2 graded by code

Depends. I07 is in currency XVD, and the data does not say what XVD is or that it is Valdoria's local currency.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends

✅ R3 csv+padding run 3 graded by code

Yes, though the data does not define XVD. I07 is in XVD, which appears to be Valdoria's currency, and its BBB- matches E05's local-currency rating (A13).

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 4 graded by code

Yes, with an assumption. I07 is in XVD, which looks like Valdoria's currency. The data does not define it, but the BBB- rating matches E05's local-currency rating (A13).

JSON: {"local_currency": "yes"}

❌ R3 csv+padding run 5 graded by code

Depends. I07's currency is "XVD", which the data does not define, though it is presumably Valdoria's currency.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends