Q29, run 2026-11-04-1723-haiku

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What is the Republic of Valdoria's issuer rating?

Tests: Ceilings: Valdoria has a Country Ceiling and no issuer rating.

Expected: rating = none

✅ R5 csv+ontology run 1 graded by code

None. VD has only a Country Ceiling (A12). The data says a ceiling is "not the sovereign's own issuer rating".

JSON: {"rating": "none"}

✅ R5 csv+ontology run 2 graded by code

None. The Republic of Valdoria (VD) has only a Country Ceiling, BB (A12), and no issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 3 graded by code

None. VD has only a Country Ceiling (A12), which the ontology says is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 4 graded by code

None. VD has only a Country Ceiling (A12, BB), which the ontology says is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 5 graded by code

None. VD has only a Country Ceiling (A12, BB), which is not a sovereign issuer rating.

JSON: {"rating": "none"}

✅ R7 csv+neutral run 1 graded by code

None. VD has only a Country Ceiling (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R7 csv+neutral run 2 graded by code

None. VD has only a Country Ceiling (BB, A12), which is not its issuer rating.

JSON: {"rating": "none"}

✅ R7 csv+neutral run 3 graded by code

None. VD has only a Country Ceiling (A12, BB), which the ontology says is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R7 csv+neutral run 4 graded by code

None. VD has only a Country Ceiling (A12), which the ontology says is not the sovereign's issuer rating.

JSON: {"rating": "none"}

✅ R7 csv+neutral run 5 graded by code

None.
VD has only a Country Ceiling (A12, BB) and no LTIDR action.

JSON: {"rating": "none"}