Q1, run 2026-11-04-1723-haiku

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What was Kestrel Energy's rating on 1 January 2025?

Tests: Time: a rating holds from one action to the next, so 'the rating on a date' is the latest action on or before it.

Expected: rating = A-

✅ R5 csv+ontology run 1 graded by code

A-. Kestrel's FC long-term rating was set to A- by A01 (2024-03-12) and was not changed until A02 (2025-06-20) downgraded it to BBB.

JSON: {"rating": "A-"}

✅ R5 csv+ontology run 2 graded by code

A-. Kestrel's foreign-currency long-term rating was set to A- on 2024-03-12 (A01) and not changed until the downgrade to BBB on 2025-06-20 (A02).

JSON: {"rating": "A-"}

✅ R5 csv+ontology run 3 graded by code

A-. Only A01 (2024-03-12, assigned A-) precedes 2025-01-01 for E01; A02 (downgrade to BBB) came later.

JSON: {"rating": "A-"}

✅ R5 csv+ontology run 4 graded by code

A- (A01, 2024-03-12). The next action, A02 (DG to BBB), is dated 2025-06-20, after the query date.

JSON: {"rating": "A-"}

✅ R5 csv+ontology run 5 graded by code

A-. The latest action on or before 2025-01-01 is A01 (2024-03-12, A-); the BBB downgrade (A02) came later.

JSON: {"rating": "A-"}

✅ R7 csv+neutral run 1 graded by code

A-. Kestrel's last action before 1 Jan 2025 was A01 (A-, 2024-03-12); A02 (BBB) came later, on 2025-06-20.

JSON: {"rating": "A-"}

✅ R7 csv+neutral run 2 graded by code

A-. Kestrel's latest action on or before 1 Jan 2025 is A01 (assigned A-, 2024-03-12); A02 (downgrade to BBB) came later, on 2025-06-20.

JSON: {"rating": "A-"}

✅ R7 csv+neutral run 3 graded by code

A-. Kestrel's FC long-term issuer rating was set to A- by A01 (2024-03-12) and not changed until A02 (2025-06-20).

JSON: {"rating": "A-"}

✅ R7 csv+neutral run 4 graded by code

A-. The latest action on or before 1 Jan 2025 is A01 (assigned A-, 2024-03-12); the downgrade to BBB (A02) came on 2025-06-20.

JSON: {"rating": "A-"}

✅ R7 csv+neutral run 5 graded by code

A-
A01 (2024-03-12, LTIDR FC) is the latest action on or before 2025-01-01; the next action is A02 (2025-06-20).

JSON: {"rating": "A-"}