Q9, run 2026-11-04-1644-haiku

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As of 1 October 2026, how many distinct issuers hold an issuer rating?

Tests: Everything at once: identity, withdrawal, instrument versus issuer, ceiling versus rating.

Expected: count = 12

✅ R1 csv run 1 graded by code

12. Entities with a live LTIDR on 2026-10-01 are E01, E02 (E03 is the same LEI), E05, E06, E08, E09, E10, E12, E13, E14, E15, and E16. Sovereigns (CC) and E11 (CO) are excluded as not issuer ratings.

JSON: {"count": 12}

❌ R1 csv run 2 graded by code

13. Counted are E01, E02 (E03 is the same LEI), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV. Excluded are E07 (withdrawn, A19), E11 (only a CO rating, A46), E04 (no rating) and VD (only a country ceiling, A12).

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R1 csv run 3 graded by code

13. Counting LEI-distinct issuers with an active LTIDR on 2026-10-01: E01, E02/E03, E05, E06, E08, E09, E10, E12, E13, E14, E15, E16, and CV. E07 is withdrawn, E04 and E11 have no LTIDR, and E17 shares E10's LEI.

JSON: {"count": 13}

Why: count: expected 12, got 13

✅ R1 csv run 4 graded by code

12. E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 hold current entity-level LTIDR ratings. E03 and E17 duplicate the LEIs of E02 and E10; E07 was withdrawn (A19); E11 has only a CO rating.

JSON: {"count": 12}

❌ R1 csv run 5 graded by code

13. The distinct LEI-bearing issuers with a current LTIDR are E01, E02 (with E03 merged), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV. E07 was withdrawn (A19) and E11 has only a CO action.

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R2 rdf run 1 graded by code

13
Entities with issuer-type ratings on 1 Oct 2026 are E01, E02/E03 (same LEI, counted once), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV. E07 is withdrawn, and VD and E11 have only country-ceiling and CO-type ratings.

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R2 rdf run 2 graded by code

13. Issuers with a current LTIDR/STIDR rating, counting E02 and its duplicate E03 once, and the sovereign CV. E07 (withdrawn), E11 (CO-type only) and VD (CC-type only) are excluded.

JSON: {"count": 13}

Why: count: expected 12, got 13

✅ R2 rdf run 3 graded by code

12. Current LT issuer ratings belong to E01, E02, E05, E06, E08, E09, E10, E12, E14, E15, E16, and sovereign CV; E03 duplicates E02's LEI, E07 is withdrawn, E11 has only a CO-type record, and VD has only a CC-type record.

JSON: {"count": 12}

❌ R2 rdf run 4 graded by code

11. E01, E02/E03 (same LEI, counted once), E05, E06, E08, E09, E10, E12, E14, E15, E16 hold LTIDR ratings. E07 was withdrawn (A19), and E11's only rating (A46) is type CO, not LTIDR; if CO counts, the answer is 12.

JSON: {"count": 11}

Why: count: expected 12, got 11

❌ R2 rdf run 5 graded by code

13
E01, E02 (same LEI as E03), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV hold LTIDR/STIDR ratings on 1 Oct 2026. E07 was withdrawn (A19), and E11's only rating is type CO, which the data does not define.

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R6 rdf+ontology run 1 graded by code

11. E01, E02, E05, E06, E08, E09, E10, E12, E14, E15 and CV hold LTIDR/STIDR ratings. E07 was withdrawn (A19), E11 has only a credit opinion, VD has only a Country Ceiling, E04 and E13 have no ratings, and E16 is QA.

JSON: {"count": 11}

Why: count: expected 12, got 11

❌ R6 rdf+ontology run 2 graded by code

11.
Issuers with a rating in force on 2026-10-01 are E01, E02, E05, E06, E08, E09, E10, E12, E14, E15 and CV. E07 is withdrawn, E11 has only a credit opinion, and VD has only a ceiling.

JSON: {"count": 11}

Why: count: expected 12, got 11

❌ R6 rdf+ontology run 3 graded by code

11. E01, E02, E05, E06, E08, E09, E10, E12, E14, E15 and CV hold a long-term issuer rating (LTIDR) on 2026-10-01. E07 is withdrawn (A19), E11 holds only a credit opinion (A46), VD has only a Country Ceiling, and E16 is QA.

JSON: {"count": 11}

Why: count: expected 12, got 11

✅ R6 rdf+ontology run 4 graded by code

12. These entities hold a current issuer rating: E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, E15, and CV. E04 has none, E07 was withdrawn (A19), E11 has only a credit opinion (A46), VD has only a ceiling, and E16 is QA data.

JSON: {"count": 12}

❌ R6 rdf+ontology run 5 graded by code

11. The issuer ratings active on 1 October 2026 belong to E01, E02, E05, E06, E08, E09, E10, E12, E14, E15 and CV. E07 is withdrawn (A19), E11 holds only a credit opinion (A46), E13 has no actions, and the Country Ceiling for VD is not an issuer rating.

JSON: {"count": 11}

Why: count: expected 12, got 11

✅ R5 csv+ontology run 1 graded by code

12. These are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, E15 and the Republic of Corvenia (CV), all with a current LTIDR. Excluded: E04 and E11 (no issuer rating), E07 (withdrawn, A19), VD (only a Country Ceiling, A12), and E16 (QA).

JSON: {"count": 12}

✅ R5 csv+ontology run 2 graded by code

12. Counting by LEI, the issuers with an LTIDR rating on 1 Oct 2026 are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, E15 and CV. E07 is out (WD, A19), E04 and E11 have no LTIDR, VD has only a CC, and E16 is QA.

JSON: {"count": 12}

✅ R5 csv+ontology run 3 graded by code

12. These are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV and E15. E04, E07, E11 and VD have no current LTIDR, and E16 is a QA record.

JSON: {"count": 12}

✅ R5 csv+ontology run 4 graded by code

12. These entities hold a current issuer rating: E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV and E15. E04, E07, E11 and VD do not (E07 was withdrawn, E11 has only a credit opinion, and VD has only a Country Ceiling).

JSON: {"count": 12}

✅ R5 csv+ontology run 5 graded by code

12
E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV and E15 hold LTIDR ratings. VD holds only a Country Ceiling, E11 only a CO, and E07 was withdrawn, so none of them count.

JSON: {"count": 12}

✅ R4 csv+markdown run 1 graded by code

12. Counting E01, E02/E03, E05, E06, E08, E09, E10/E17, E12, E13, E14, E15 and the Republic of Corvenia (CV), which has LTIDR ratings (A38, A39). E07 was withdrawn, E04 and E11 have no issuer rating, the Republic of Valdoria (VD) has only a ceiling, and E16 is QA data.

JSON: {"count": 12}

✅ R4 csv+markdown run 2 graded by code

12. These are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV and E15. E04, E07, E11 and VD are excluded because they have no issuer rating (E07 was withdrawn, E11 has only a credit opinion, and VD has only a Country Ceiling).

JSON: {"count": 12}

✅ R4 csv+markdown run 3 graded by code

12. These entities have a current issuer rating: E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV, E15. Excluded: E04 (no rating), E07 (withdrawn), VD (ceiling only), E11 (credit opinion only), E16 (QA).

JSON: {"count": 12}

✅ R4 csv+markdown run 4 graded by code

12. These are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, E15 and CV. E07 has been withdrawn (A19), E11 has only a credit opinion (A46), VD has only a Country Ceiling, and E16 is QA data.

JSON: {"count": 12}

✅ R4 csv+markdown run 5 graded by code

12. The issuers with an issuer rating on 1 Oct 2026 are E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV and E15. E04, E07 (withdrawn, A19), E11 (credit opinion only), VD (ceiling only) and E16 (QA) are excluded.

JSON: {"count": 12}

❌ R3 csv+padding run 1 graded by code

13. The count includes E01, E02/E03 (same LEI, counted once), E05, E06, E08, E09, E10/E17 (same LEI, counted once), E12, E13, E14, E15, E16 and the Republic of Corvenia (CV, via A38/A39). E07 is excluded because its rating was withdrawn (A19), and E11 holds only a CO rating (A46).

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R3 csv+padding run 2 graded by code

13: E01, E02, E05, E06, E08, E09, E10, E12, E13, E14, CV, E15, E16. E07 was withdrawn (A19), E04, E11 and VD have no LTIDR, and E03 and E17 are duplicates.

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R3 csv+padding run 3 graded by code

13. Issuers with a live LTIDR on 1 Oct 2026 are E01, E02/E03 (one LEI), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV; E07 was withdrawn (A19). If E11's CO-type rating (A46) counts as an issuer rating, the total is 14.

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R3 csv+padding run 4 graded by code

13. These are the non-withdrawn LTIDR issuers: E01, E02 (same LEI as E03), E05, E06, E08, E09, E10, E12, E13, E14, E15, E16 and CV. E07 was withdrawn (A19).

JSON: {"count": 13}

Why: count: expected 12, got 13

❌ R3 csv+padding run 5 graded by code

13. These are E01, E02 (E03 shares its LEI), E05, E06, E08, E09, E10 (E17 shares its LEI), E12, E13, E14, E15, E16 and CV. E07 was withdrawn (A19), and E04, E11 and the Valdoria sovereign VD have no LTIDR.

JSON: {"count": 13}

Why: count: expected 12, got 13