Q29, run 2026-11-04-1644-haiku

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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

BB. The Republic of Valdoria (VD) has one rating, a CC rating of BB (A12), and no FC or LC split is given.

JSON: {"rating": "BB"}

Why: rating: expected none, got BB

✅ R1 csv run 2 graded by code

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

JSON: {"rating": "none"}

✅ R1 csv run 3 graded by code

None. The Republic of Valdoria has only a country ceiling (CC, A12, BB) and no LTIDR.

JSON: {"rating": "none"}

✅ R1 csv run 4 graded by code

None. The data has only a country ceiling (CC) of BB for Valdoria (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 5 graded by code

None. The data records only a country ceiling of BB for VD (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 1 graded by code

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

JSON: {"rating": "none"}

✅ R2 rdf run 2 graded by code

None. VD's only rating is A12 (CC-type, BB), which appears to be a ceiling rather than an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 3 graded by code

None. The Republic of Valdoria has only a CC-type rating (A12, BB), which I read as a ceiling, not an issuer rating.

JSON: {"rating": "none"}

✅ R2 rdf run 4 graded by code

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

JSON: {"rating": "none"}

✅ R2 rdf run 5 graded by code

None
Republic of Valdoria has only a CC-type rating (A12, BB), and CC is distinct from the LTIDR issuer ratings that Corvenia has.

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 1 graded by code

None. VD has only a Country Ceiling (A12, BB), and the ontology says a ceiling is not the sovereign's rating.

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 2 graded by code

None. VD has no issuer rating. Its BB (A12) is a Country Ceiling, which is not a rating of the sovereign.

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 3 graded by code

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

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 4 graded by code

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

JSON: {"rating": "none"}

✅ R6 rdf+ontology run 5 graded by code

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

JSON: {"rating": "none"}

✅ R5 csv+ontology run 1 graded by code

None. The Republic of Valdoria's only action is a Country Ceiling of BB (A12), which is not its issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 2 graded by code

None. VD has only a Country Ceiling (A12, BB), which the ontology says is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 3 graded by code

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

JSON: {"rating": "none"}

✅ R5 csv+ontology run 4 graded by code

None. VD has only a Country Ceiling (A12), which is not a rating of the sovereign.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 5 graded by code

None
VD has only a Country Ceiling (A12, BB), which is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 1 graded by code

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

JSON: {"rating": "none"}

✅ R4 csv+markdown run 2 graded by code

None. Valdoria has only a Country Ceiling (A12), which the ontology says is not the sovereign's own rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 3 graded by code

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

JSON: {"rating": "none"}

✅ R4 csv+markdown run 4 graded by code

None. VD has only a Country Ceiling (A12), and a ceiling is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 5 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 1 graded by code

None. Valdoria has only a country-ceiling rating of BB (A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R3 csv+padding run 2 graded by code

None. VD has only a CC record (A12, BB) and no LTIDR.

JSON: {"rating": "none"}

✅ R3 csv+padding run 3 graded by code

None. VD has only a country ceiling (A12, CC, 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 rating (BB, A12) and no issuer (LTIDR) record.

JSON: {"rating": "none"}

✅ R3 csv+padding run 5 graded by code

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

JSON: {"rating": "none"}