Q44, run 2026-11-04-1711-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 the data doesn't define, but it appears to be Valdoria's currency, and its BBB- matches the LC rating in A13.

JSON: {"local_currency": "yes"}

✅ R1 csv run 2 graded by code

Yes, probably. XVD is not defined anywhere in the data. I read it as Valdoria's currency because it is the only non-major currency code and the issuer is in VD.

JSON: {"local_currency": "yes"}

✅ R1 csv run 3 graded by code

Yes. I07 is in XVD, which appears to be Valdoria's currency, though the data has no currency table to confirm it.

JSON: {"local_currency": "yes"}

✅ R1 csv run 4 graded by code

Yes, inferred. I07 is in XVD, which is not an ISO code but looks like Valdoria's currency. Its BBB- (A45) matches the local-currency rating (A13).

JSON: {"local_currency": "yes"}

✅ R1 csv run 5 graded by code

Yes, probably. I07 is in XVD, which looks like Valdoria's currency but isn't defined in the data. Its BBB- (A45) matches E05's local-currency rating.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 1 graded by code

Yes, by inference. I07 is in XVD, which looks like Valdoria's currency, and its BBB- matches E05's local-currency rating (A13). The data does not state the local currency explicitly.

JSON: {"local_currency": "yes"}

❌ R2 rdf run 2 graded by code

Depends. I07 is in "XVD", and the data doesn't say that is Valdoria's local currency.

JSON: {"local_currency": "depends"}

Why: local_currency: expected yes, got depends

✅ R2 rdf run 3 graded by code

Yes, inferred. I07's currency is XVD, which appears to be Valdoria's own currency, but the data does not define it.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 4 graded by code

Yes, probably. I07 is in XVD and its issuer is in VD. Its rating, BBB-, matches E05's local-currency rating. The data does not state that XVD is Valdoria's currency.

JSON: {"local_currency": "yes"}

✅ R2 rdf run 5 graded by code

Yes, probably. I07 is denominated in XVD, which I take to be Valdoria's currency. This is an assumption, since the data doesn't define XVD. Its BBB- rating matches E05's local-currency rating.

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 1 graded by code

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

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 2 graded by code

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

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 3 graded by code

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

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 4 graded by code

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

JSON: {"local_currency": "yes"}

✅ R6 rdf+ontology run 5 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 1 graded by code

Yes. I07 pays in XVD, the domestic currency of VD, where its issuer 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, the issuer's country.

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 3 graded by code

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

JSON: {"local_currency": "yes"}

✅ R5 csv+ontology run 4 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 5 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"}

✅ R4 csv+markdown run 1 graded by code

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

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 2 graded by code

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

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 3 graded by code

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

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 4 graded by code

Yes. I07 pays in XVD, Valdoria's domestic currency.

JSON: {"local_currency": "yes"}

✅ R4 csv+markdown run 5 graded by code

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

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 1 graded by code

Yes, probably. I07 is in XVD, which looks like Valdoria's currency, and its BBB- matches E05's local-currency rating. The data doesn't define XVD explicitly.

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 2 graded by code

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

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 3 graded by code

Yes, probably. I07 is denominated in XVD, and its BBB- matches E05's local-currency rating (A13), but the data does not define XVD explicitly.

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 4 graded by code

Yes. The currency code XVD appears to be Valdoria's own currency, which the data does not define, and I07's BBB- matches E05's local-currency rating (A13, A45).

JSON: {"local_currency": "yes"}

✅ R3 csv+padding run 5 graded by code

Yes, most likely. I07 is denominated in XVD, which is presumably Valdoria's currency, though the data does not define the code. Its BBB- matches E05's LC rating (A13, A45).

JSON: {"local_currency": "yes"}