Q29, run 2026-11-04-2028-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

✅ R1 csv run 1 graded by code

None. VD has only a country ceiling rating (A12, BB), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 2 graded by code

None. VD has only a country ceiling record (A12, BB), not an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 3 graded by code

None. VD has only a country-ceiling (CC) record, BB (A12), and no LTIDR.

JSON: {"rating": "none"}

✅ R1 csv run 4 graded by code

None. VD has only a CC rating (A12), which is treated as a country ceiling rather than an issuer rating.

JSON: {"rating": "none"}

✅ R1 csv run 5 graded by code

None. Valdoria (VD) has only a country-ceiling rating (CC, BB, A12) and no long-term issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 1 graded by code

None
The Republic of Valdoria has only a Country Ceiling (A12, CC), which the ontology says is not a sovereign issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 2 graded by code

None. VD has only a Country Ceiling action (A12, CC at BB), and a Country Ceiling is not the sovereign's own issuer rating.

JSON: {"rating": "none"}

✅ R5 csv+ontology run 3 graded by code

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

JSON: {"rating": "none"}

✅ R5 csv+ontology run 4 graded by code

None. The VD record has only a CC action (A12, BB), which is a Country Ceiling, not an 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 an issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 1 graded by code

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

JSON: {"rating": "none"}

✅ R4 csv+markdown run 2 graded by code

None. Valdoria's only action is a Country Ceiling (A12), which is not a sovereign issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 3 graded by code

None. Valdoria's only record is a Country Ceiling of BB (A12), which is not an issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 4 graded by code

None. VD has only a Country Ceiling (A12), and a ceiling is not the sovereign's own issuer rating.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 5 graded by code

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

JSON: {"rating": "none"}

✅ R8 csv+axioms run 1 graded by code

None. VD has only a Country Ceiling rating (BB, A12), and issuer ratings are limited to LTIDR/STIDR.

JSON: {"rating": "none"}

✅ R8 csv+axioms run 2 graded by code

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

JSON: {"rating": "none"}

✅ R8 csv+axioms run 3 graded by code

None. Valdoria has only a country ceiling (CC, BB, A12), not an issuer rating.

JSON: {"rating": "none"}

✅ R8 csv+axioms run 4 graded by code

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

JSON: {"rating": "none"}

✅ R8 csv+axioms run 5 graded by code

None. The Republic of Valdoria has no LTIDR; its only rating is the Country Ceiling A12 (BB), which is not an issuer rating.

JSON: {"rating": "none"}