Q17, run 2026-11-04-1711-sonnet
Was Orrin Bank downgraded in 2026?
Tests: Watch versus rating: Rating Watch Negative is not a downgrade.
Expected: downgraded = no
csv run 1
No. A17 (2026-09-03) is a Rating Watch action with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv run 2
No. The only 2026 action for E06 is A17, a Rating Watch Negative placement with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv run 3
No. Orrin Bank's only 2026 action is a Rating Watch Negative with the rating held at A- (A17).
JSON: {"downgraded": "no"}
csv run 4
No. E06's only 2026 action is A17, a Rating Watch Negative with the rating still A-.
JSON: {"downgraded": "no"}
csv run 5
No. A17 puts E06 on Rating Watch Negative but keeps the rating at A-.
JSON: {"downgraded": "no"}
rdf run 1
No. E06's only 2026 action is A17, a Rating Watch Negative at A-. Orrin Bancorp (E13) is a different entity, with a different LEI and country.
JSON: {"downgraded": "no"}
rdf run 2
No. E06's only 2026 action is A17, a Rating Watch Negative at A-. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf run 3
No. E06's only 2026 action is A17, a Rating Watch Negative on A-. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf run 4
No. E06's only 2026 action is A17, a Rating Watch Negative at an unchanged A-. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf run 5
No. E06's only 2026 action is A17, a Rating Watch Negative at A-. Orrin Bancorp (E13) is a different entity.
JSON: {"downgraded": "no"}
rdf+ontology run 1
No. E06's only 2026 action is A17, a Watch with the rating unchanged. E13 (Orrin Bancorp) is a different entity because its LEI differs.
JSON: {"downgraded": "no"}
rdf+ontology run 2
No. E06 only had a Watch placed on it (A17). E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf+ontology run 3
No. E06's only 2026 action, A17, is a Rating Watch, which is not a downgrade. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf+ontology run 4
No. E06's only 2026 action is A17, a Rating Watch, which leaves the rating unchanged.
JSON: {"downgraded": "no"}
rdf+ontology run 5
No. E06's only 2026 action is A17, a Rating Watch. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
csv+ontology run 1
No. A17 is a Rating Watch with the rating unchanged at A-, not a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 2
No. The only 2026 action on E06 is A17, a Rating Watch, which leaves the rating unchanged.
JSON: {"downgraded": "no"}
csv+ontology run 3
No. A17 is a Rating Watch with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+ontology run 4
No. A17 is a Rating Watch with the rating unchanged at A-, so it is not a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 5
No. A17 in 2026 is a Rating Watch with the rating unchanged.
JSON: {"downgraded": "no"}
csv+markdown run 1
No. A17 (2026) is a Rating Watch, and the rating stays A-.
JSON: {"downgraded": "no"}
csv+markdown run 2
No. E06's only 2026 action is A17, a Rating Watch, which is not a downgrade.
JSON: {"downgraded": "no"}
csv+markdown run 3
No. A17 is a Rating Watch (RW) that leaves the rating at A-.
JSON: {"downgraded": "no"}
csv+markdown run 4
No. A17 is only a Rating Watch and leaves the rating at A-.
JSON: {"downgraded": "no"}
csv+markdown run 5
No. A17 is a Rating Watch (RW) with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+padding run 1
No. E06 has only a Rating Watch Negative action, with the rating held at A- (A17).
JSON: {"downgraded": "no"}
csv+padding run 2
No. A17 on E06 is a Rating Watch Negative action that keeps the A- rating.
JSON: {"downgraded": "no"}
csv+padding run 3
No. A17 is a Rating Watch Negative action that keeps A-.
JSON: {"downgraded": "no"}
csv+padding run 4
No. E06's only 2026 action is A17, a Rating Watch Negative with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+padding run 5
No. E06 was placed on Rating Watch Negative at A- (A17), and the rating was not lowered.
JSON: {"downgraded": "no"}