Q46, run 2026-11-04-1711-sonnet

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Does Halden Leasing have an issuer rating?

Tests: Local type: a credit opinion (CO) is not a rating.

Expected: issuer_rating = no

✅ R1 csv run 1 graded by code

No. E11 has only a "CO" rating type (A46), which the data doesn't define, and no LTIDR.

JSON: {"issuer_rating": "no"}

✅ R1 csv run 2 graded by code

No. E11 has only a CO record (A46), not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R1 csv run 3 graded by code

No. E11 has no LTIDR, only a "CO" record (A46) whose type the data does not define.

JSON: {"issuer_rating": "no"}

✅ R1 csv run 4 graded by code

No. E11 has only a "CO" record (A46), which is not an issuer rating (LTIDR).

JSON: {"issuer_rating": "no"}

✅ R1 csv run 5 graded by code

No. E11 has only a "CO" record (A46), not an LTIDR or other issuer rating.

JSON: {"issuer_rating": "no"}

✅ R2 rdf run 1 graded by code

No. E11 only has a type-CO rating (A46, BBB), not a long-term IDR.

JSON: {"issuer_rating": "no"}

✅ R2 rdf run 2 graded by code

No. E11 has only a counterparty rating (A46, type CO), not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R2 rdf run 3 graded by code

No. E11's only rating is type CO (A46), not an issuer default rating, and the data does not define CO.

JSON: {"issuer_rating": "no"}

❌ R2 rdf run 4 graded by code

Depends. E11 only has a CO-type rating (A46), and the data does not say whether that counts as an issuer rating.

JSON: {"issuer_rating": "depends"}

Why: issuer_rating: expected no, got depends

✅ R2 rdf run 5 graded by code

No. E11's only rating is a different type (CO, A46), not a long-term issuer rating.

JSON: {"issuer_rating": "no"}

✅ R6 rdf+ontology run 1 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R6 rdf+ontology run 2 graded by code

No. E11 has only a credit opinion (A46), which is not a rating.

JSON: {"issuer_rating": "no"}

✅ R6 rdf+ontology run 3 graded by code

No. E11 has only a credit opinion (A46), which is not a rating.

JSON: {"issuer_rating": "no"}

✅ R6 rdf+ontology run 4 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R6 rdf+ontology run 5 graded by code

No. E11 has only a credit opinion (A46, CO), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R5 csv+ontology run 1 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R5 csv+ontology run 2 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R5 csv+ontology run 3 graded by code

No. E11 has only a Credit opinion (A46), which is not a rating.

JSON: {"issuer_rating": "no"}

✅ R5 csv+ontology run 4 graded by code

No. E11 has only a credit opinion (A46, CO), which is not a rating, and its debt is guaranteed by E10.

JSON: {"issuer_rating": "no"}

✅ R5 csv+ontology run 5 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R4 csv+markdown run 1 graded by code

No. E11 has only a credit opinion (A46), which is not a rating.

JSON: {"issuer_rating": "no"}

✅ R4 csv+markdown run 2 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R4 csv+markdown run 3 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R4 csv+markdown run 4 graded by code

No. E11 has only a credit opinion (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R4 csv+markdown run 5 graded by code

No. E11 has only a credit opinion (A46, CO), which is not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R3 csv+padding run 1 graded by code

No. E11 only has a "CO" type rating (A46), not an issuer rating.

JSON: {"issuer_rating": "no"}

✅ R3 csv+padding run 2 graded by code

No. E11 has only a "CO" type record (A46), not an issuer rating (LTIDR or STIDR). The data does not define CO.

JSON: {"issuer_rating": "no"}

✅ R3 csv+padding run 3 graded by code

No. E11 has only a "CO" record (A46), whose meaning the data doesn't define, and no LTIDR.

JSON: {"issuer_rating": "no"}

✅ R3 csv+padding run 4 graded by code

No. E11 has only a "CO" record (A46), which the data does not define as an issuer rating. Its notes rely on E10's guarantee.

JSON: {"issuer_rating": "no"}

✅ R3 csv+padding run 5 graded by code

No. E11 has only a "CO" type record (A46), which is not an issuer rating.

JSON: {"issuer_rating": "no"}