Q17, run 2026-11-04-2028-haiku

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Was Orrin Bank downgraded in 2026?

Tests: Watch versus rating: Rating Watch Negative is not a downgrade.

Expected: downgraded = no

✅ R1 csv run 1 graded by code

No. E06's only 2026 action is a Rating Watch Negative placement (A17), not a downgrade.

JSON: {"downgraded": "no"}

✅ R1 csv run 2 graded by code

No. Orrin Bank AG (E06) was placed on Rating Watch Negative (A17, 2026-09-03), but its A- rating was not changed.

JSON: {"downgraded": "no"}

✅ R1 csv run 3 graded by code

No. E06's only 2026 action is a Rating Watch Negative placement at A- (A17), not a downgrade.

JSON: {"downgraded": "no"}

✅ R1 csv run 4 graded by code

No. E06's only 2026 action is a watch placement (A17, 2026-09-03), which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R1 csv run 5 graded by code

No. E06's only 2026 action is A17 (2026-09-03), a Rating Watch Negative placement with the rating still at A-.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 1 graded by code

No
E06's only 2026 action is A17 (2026-09-03), which places it on Rating Watch Negative (RW) and leaves the rating at A-.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 2 graded by code

No. E06's only 2026 action is A17, a Rating Watch placement with the rating unchanged at A-.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 3 graded by code

No. E06's only 2026 action is A17, a Rating Watch Negative, which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 4 graded by code

No. The 2026 action on E06 is A17 (RW, a rating watch), which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 5 graded by code

No. Orrin Bank AG (E06) was placed on Rating Watch Negative (A17) but not downgraded.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 1 graded by code

No. Orrin Bank AG (E06) has no downgrade, only a Watch placement (A17); Orrin Bancorp (E13) has no 2026 actions.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 2 graded by code

No. Orrin Bank's 2026-09-03 action is a Rating Watch placement at A- (A17), not a downgrade.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 3 graded by code

No. Orrin Bank's only 2026 action (A17) is a Rating Watch placement, which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 4 graded by code

No. E06's only 2026 action is a Rating Watch placement (A17), which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 5 graded by code

No. E06's only 2026 action is A17, a Rating Watch placement, which is not a downgrade.

JSON: {"downgraded": "no"}

✅ R8 csv+axioms run 1 graded by code

No. E06's actions are an assignment (A16) and a Rating Watch placement (A17, RW), with no downgrade.

JSON: {"downgraded": "no"}

✅ R8 csv+axioms run 2 graded by code

No. E06 had only a watch placement (A17, RW) and no downgrade in 2026.

JSON: {"downgraded": "no"}

✅ R8 csv+axioms run 3 graded by code

No. A17 (2026-09-03) placed Orrin Bank on Rating Watch Negative at A-, with no downgrade.

JSON: {"downgraded": "no"}

✅ R8 csv+axioms run 4 graded by code

No. E06's 2026 action is a Rating Watch placement (A17), not a downgrade.

JSON: {"downgraded": "no"}

✅ R8 csv+axioms run 5 graded by code

No. Orrin Bank's only 2026 action is A17, a Rating Watch placement with rating A- unchanged.

JSON: {"downgraded": "no"}