Q33, run 2026-11-04-2028-haiku

← back to the run

Whose credit risk does a holder of the Halden Leasing 2028 notes take, and how is it rated?

Tests: Roles: the guarantor is the parent, not the ultimate parent.

Expected: risk_of = E10 rating = BBB+

✅ R1 csv run 1 graded by code

The guarantor, E10 (Halden Bank AG), whose guarantee backs the notes issued by E11. The instrument is rated BBB+ (A29, 2026-04-15).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R1 csv run 2 graded by code

The guarantor, Halden Bank AG (E10), rated BBB+ (A27). I05 is guaranteed by E10, and its BBB+ rating (A29) matches E10's.

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R1 csv run 3 graded by code

E10 (Halden Bank AG), rated BBB+. I05 is guaranteed by E10 (guarantor_id), and I05 was downgraded to BBB+ on 2026-04-15 (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R1 csv run 4 graded by code

A holder takes the credit risk of E10 (Halden Bank AG), which guarantees I05, and the notes are rated BBB+. I05 was downgraded to BBB+ on 2026-04-15 (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R1 csv run 5 graded by code

Halden Bank AG (E10), as guarantor of I05. I05 is rated BBB+ (A29), matching E10's BBB+ (A27).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R5 csv+ontology run 1 graded by code

E10 (Halden Bank), rated BBB+
I05 is issued by E11 but guaranteed by E10, so it carries E10's risk; A29 (2026-04-15) sets it at BBB+.

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R5 csv+ontology run 2 graded by code

The holder takes the credit risk of E10 (Halden Bank), rated BBB+. I05 is guaranteed by E10, and its instrument rating is BBB+ (A29, 2026-04-15).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R5 csv+ontology run 3 graded by code

Halden Bank (E10), rated BBB+. I05 is guaranteed by E10, so holders take E10's credit risk, and the instrument rating was downgraded to BBB+ (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R5 csv+ontology run 4 graded by code

The holder takes E10's credit risk, rated BBB+. I05 is guaranteed by E10 (E11's guarantor), and its latest rating is BBB+ (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R5 csv+ontology run 5 graded by code

E10 (Halden Bank AG), rated BBB+. I05 is guaranteed by E10, and A29 (2026-04-15) downgraded the instrument to BBB+.

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R4 csv+markdown run 1 graded by code

E10 (Halden Bank AG), rated BBB+. I05 is guaranteed by E10, so it is rated on the guarantor, and its latest action is A29 (BBB+).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R4 csv+markdown run 2 graded by code

E10, and the rating is BBB+. I05 is guaranteed by Halden Bank (E10), and its latest rating is BBB+ (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R4 csv+markdown run 3 graded by code

E10, rated BBB+. The Halden Leasing 2028 notes (I05) are guaranteed by Halden Bank (E10), and E10's rating is BBB+ (A27).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R4 csv+markdown run 4 graded by code

Halden Bank AG (E10). I05 is guaranteed by E10, so it is rated in line with E10's BBB+ (A27) and the instrument rating is also BBB+ (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R4 csv+markdown run 5 graded by code

The holder takes the credit risk of E10, Halden Bank, and the note is rated BBB+. I05 is guaranteed by E10, so it is rated on the guarantor, and A29 (downgrade to BBB+) is the latest action.

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R8 csv+axioms run 1 graded by code

E10 (Halden Bank AG), rated BBB+. I05's guarantor is E10, and its rating is A29 (DG to BBB+, 2026-04-15).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R8 csv+axioms run 2 graded by code

E10 (Halden Bank). I05's guarantor is E10, and its latest rating is BBB+ (A29).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R8 csv+axioms run 3 graded by code

The holder takes credit risk of E10 (Halden Bank AG), rated BBB+. I05 names E10 as guarantor, and A29 (2026-04-15) downgraded the note to BBB+.

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R8 csv+axioms run 4 graded by code

E10 (Halden Bank AG), rated BBB+. I05's guarantor is E10, and its current LTIDR is BBB+ (A27).

JSON: {"risk_of": "E10", "rating": "BBB+"}

✅ R8 csv+axioms run 5 graded by code

E10, rated BBB+. The 2028 notes I05 are guaranteed by E10, so E10 carries the credit risk; the current rating is A29 (BBB+).

JSON: {"risk_of": "E10", "rating": "BBB+"}