D1 sql, run 4: the query session
17 queries0 failed5 rounds
The opening prompt
## The data
You can't see the data, but you can query it. It is in DuckDB, in the tables below. Write DuckDB SQL.
To run queries, reply with one or more fenced blocks (```sql), and nothing else is needed:
each is run and its results sent back to you. You have up to 8 rounds of queries.
When you have what you need, reply with the final answers and no queries.
All columns are text (VARCHAR); dates are ISO strings.
- `entities` (370 rows): entity_id, name, lei, country, entity_type, parent_id, source_system
- `instruments` (115 rows): instrument_id, description, issuer_id, guarantor_id, seniority, currency, maturity
- `rating_actions` (787 rows): action_id, date, rated_id, rating_type, ccy_basis, action, rating, outlook, watch, comment
## Questions
Answer each question below from the data above. Start each answer on a new line with its
number in bold, like **Q1.**, give the direct answer first, then at most two sentences of
reasoning that cite the records (IDs) you relied on.
Then end with one JSON block (```json) holding the structured answer to each question listed
here, with exactly these fields, shaped like {"Q1": {"field": value}, ...}. Name entities by their record ID: the entity_id in the CSV files, or the part of the IRI after lad: in the RDF (E01, not Kestrel Energy plc).
- Q1: rating (a rating, or "none")
- Q2: downgraded ("yes", "no" or "depends")
- Q3: investment_grade ("yes", "no" or "depends"), rating (a rating, or "none")
- Q4: outlook (an outlook)
- Q5: risk_of (a record ID), rating (a rating, or "none")
- Q7: issuers (a list of record IDs)
- Q8: entities (a list of record IDs)
- Q9: count (a number)
- Q10: investment_grade ("yes", "no" or "depends")
- Q11: rating (a rating, or "none")
- Q12: rating (a rating, or "none")
- Q13: count (a number)
- Q14: rating (a rating, or "none")
- Q15: rating (a rating, or "none")
- Q16: changed ("yes", "no" or "depends")
- Q17: downgraded ("yes", "no" or "depends")
- Q18: issuers (a list of record IDs)
- Q19: issuers (a list of record IDs)
- Q20: in_default ("yes", "no" or "depends")
- Q21: entities (a list of record IDs)
- Q22: entities (a list of record IDs)
- Q23: rating (a rating, or "none")
- Q24: investment_grade ("yes", "no" or "depends")
- Q25: count (a number)
- Q26: rating (a rating, or "none")
- Q27: rating (a rating, or "none")
- Q28: rating (a rating, or "none")
- Q29: rating (a rating, or "none")
- Q30: entities (a list of record IDs)
- Q31: any ("yes", "no" or "depends")
- Q32: parent (a record ID)
- Q33: risk_of (a record ID), rating (a rating, or "none")
- Q34: same_group ("yes", "no" or "depends")
- Q35: count (a number)
- Q36: count (a number)
- Q37: count (a number)
- Q38: same ("yes", "no" or "depends")
- Q39: rating (a rating, or "none")
- Q40: count (a number)
- Q41: rating (a rating, or "none")
- Q42: country (a country code)
- Q43: count (a number)
- Q44: local_currency ("yes", "no" or "depends")
- Q45: above_ceiling ("yes", "no" or "depends")
- Q46: issuer_rating ("yes", "no" or "depends")
- Q47: rating (a rating, or "none")
- Q48: count (a number)
Q1. What was Kestrel Energy's rating on 1 January 2025?
Q2. Has Kestrel Energy been downgraded in 2026?
Q3. Is Kestrel Energy's 2031 note investment grade?
Q4. What is Northwind Holdings' current outlook?
Q5. Whose credit risk does a holder of the Northwind Finance 2030 notes take, and how is it rated?
Q6. Why is Valdoria Telecom's foreign-currency rating lower than its local-currency rating?
Q7. Which issuers were downgraded in 2026?
Q8. Which entities were in default on 1 October 2026?
Q9. As of 1 October 2026, how many distinct issuers hold an issuer rating?
Q10. Is Valdoria Telecom investment grade?
Q11. What was Marlow Utilities' rating on 1 June 2025?
Q12. What was Marlow Utilities' rating on 1 January 2024?
Q13. How many times has Marlow Utilities been downgraded?
Q14. What was Halden Foods' rating on 1 January 2024?
Q15. What was Halden Bank's rating on 1 January 2026?
Q16. Has Marlow Utilities' rating changed since 1 January 2025?
Q17. Was Orrin Bank downgraded in 2026?
Q18. Which issuers were on Rating Watch Negative on 1 October 2026?
Q19. Which issuers had a Negative outlook on 1 October 2026?
Q20. Is Pellam Retail in default?
Q21. Which entities had an issuer rating at some point but no longer had one on 1 October 2026?
Q22. Which entities have ever been in default?
Q23. What is Kestrel Energy's short-term rating?
Q24. Is Kestrel Energy's issuer rating investment grade?
Q25. How many instruments held an investment-grade rating on 1 October 2026?
Q26. What is Corvenia Power's local-currency rating?
Q27. How is Corvenia Power's 2032 note rated?
Q28. What is the Republic of Corvenia's foreign-currency issuer rating?
Q29. What is the Republic of Valdoria's issuer rating?
Q30. Which entities had a foreign-currency issuer rating exactly at their country's ceiling on 1 October 2026?
Q31. Did any company have a foreign-currency issuer rating above its country's ceiling on 1 October 2026?
Q32. Who is Halden Leasing's ultimate parent?
Q33. Whose credit risk does a holder of the Halden Leasing 2028 notes take, and how is it rated?
Q34. Is Halden Foods part of the same group as Halden Bank?
Q35. How many entities are in the Halden group, the parent included?
Q36. How many entities are in the Northwind group, the parent included?
Q37. How many distinct legal entities does the data describe?
Q38. Are Orrin Bank AG and Orrin Bancorp Inc the same entity?
Q39. What is Northwind Holdings' current rating?
Q40. How many distinct issuers domiciled in GB held an issuer rating on 1 October 2026?
Q41. What is Brindle Capital's current rating?
Q42. In which country is Halden Bank domiciled?
Q43. How many distinct entities are domiciled in Luxembourg (LU)?
Q44. Is Valdoria Telecom's 2027 note a local-currency obligation?
Q45. Is Valdoria Telecom's 2027 note rated above what Valdoria's Country Ceiling allows?
Q46. Does Halden Leasing have an issuer rating?
Q47. How is Corvenia Power's 2034 note rated?
Q48. How many instruments held a rating on 1 October 2026?The model
I'll start by exploring the data.
```sql
SELECT * FROM entities ORDER BY entity_id LIMIT 400;
```
```sql
SELECT * FROM instruments ORDER BY instrument_id;
```
```sql
SELECT rating_type, ccy_basis, action, outlook, watch, count(*) FROM rating_actions GROUP BY ALL ORDER BY ALL;
```Query results
Query 1:
| entity_id | name | lei | country | entity_type | parent_id | source_system |
|---|---|---|---|---|---|---|
| CV | Republic of Corvenia | | CV | SOV | | RATINGS |
| E01 | Kestrel Energy plc | 7245002OOPBG04092E43 | GB | CORP | | RATINGS |
| E02 | Northwind Holdings plc | 213800PHEIYNJMHTDV74 | GB | CORP | | RATINGS |
| E03 | NORTHWIND HLDGS | 213800PHEIYNJMHTDV74 | GB | CORP | | RESEARCH |
| E04 | Northwind Finance BV | 213800LA5RYJLGXV2T85 | NL | FINSUB | E02 | RATINGS |
| E05 | Valdoria Telecom SA | 391200LESH03LMOY2U61 | VD | CORP | | RATINGS |
| E06 | Orrin Bank AG | 549300AMVE3VRVG7HK43 | DE | BANK | | RATINGS |
| E07 | Pellam Retail Ltd | 969500B6IUACELPI2291 | GB | CORP | | RATINGS |
| E08 | Saxby Shipping SA | 969500KOTZ1JFIZSG796 | GR | CORP | | RATINGS |
| E09 | Halden Group plc | 815600ASM9EHDG931T89 | GB | CORP | | RATINGS |
| E10 | Halden Bank AG | 391200QYPVFF2O9K2039 | DE | BANK | E09 | RATINGS |
| E1001 | Tunod Steel SA | 3912003R00FP6CNV6210 | FR | CORP | | RATINGS |
| E1002 | TUNOD STEEL SA | 3912003R00FP6CNV6210 | FR | CORP | | RESEARCH |
| E1003 | Rilol Telecom plc | 3912009W4J483WB8PZ97 | GB | BANK | | RATINGS |
| E1004 | Munem Retail SA | 969500IBYK0X2ZT52780 | ES | CORP | | RATINGS |
| E1005 | Setan Airlines Inc | 815600JRN7AOE36KFR35 | US | CORP | | RATINGS |
| E1006 | Soson Airlines Inc | 213800WSVEOAQ5HD4C43 | US | CORP | E1005 | RATINGS |
| E1007 | Golod Property plc | 815600N2UAHQREHHWF76 | GB | BANK | | RATINGS |
| E1008 | Sotil Retail plc | 213800RPNJ2OSQ387M40 | GB | CORP | | RATINGS |
| E1009 | Malam Chemicals Inc | 3912006EIY6TU9NVSC86 | US | CORP | | RATINGS |
| E1010 | Buvir Industries Inc | 3912004R2GZJL49URX69 | US | CORP | | RATINGS |
| E1011 | Falom Media Inc | 549300XX6U9N4Y7KPH74 | US | BANK | | RATINGS |
| E1012 | Posad Industries SA | 9695002JIQI5QYDN0G98 | FR | CORP | | RATINGS |
| E1013 | Pisol Pharma BV | 969500U072SAPPW32N81 | NL | BANK | E1004 | RATINGS |
| E1014 | Toral Utilities BV | 391200J700D8T2H18W16 | NL | CORP | | RATINGS |
| E1015 | Civen Steel Inc | 815600JSNIJ4UFCBF662 | US | CORP | | RATINGS |
| E1016 | Ponar Telecom SA | 5493008DQ96XI37KZG24 | ES | BANK | | RATINGS |
| E1017 | Nisid Steel SA | 391200K600X7LWZTTM85 | FR | BANK | | RATINGS |
| E1018 | Tosem Mining Inc | 549300SEMGL6OXLWHQ59 | US | CORP | | RATINGS |
| E1019 | Losol Mining SA | 391200GSFO0F68KKUC67 | CV | CORP | | RATINGS |
| E1020 | Finel Media AG | 549300FCSHHELSCZX562 | DE | CORP | | RATINGS |
| E1021 | Niner Pharma plc | 391200KLG6G4KVIMIU52 | GB | CORP | | RATINGS |
| E1022 | NINER PHARMA | 391200KLG6G4KVIMIU52 | GB | CORP | | RESEARCH |
| E1023 | Heled Water plc | 3912006FHXTH5V6WNK07 | GB | CORP | | RATINGS |
| E1024 | Susin Shipping BV | 3912005J04HB7X0GTN24 | NL | CORP | | RATINGS |
| E1025 | Tulol Shipping SA | 2138007MIV2OS05PET94 | ES | BANK | | RATINGS |
| E1026 | Vunam Water BV | 969500C8XYHXZBFMUO41 | NL | CORP | | RATINGS |
| E1027 | Tesad Media Inc | 969500T86HNH5S920X18 | US | CORP | | RATINGS |
| E1028 | Mutir Retail SA | 213800TJ32NARU0BI982 | VD | CORP | | RATINGS |
| E1029 | Leson Telecom Inc | 8156008DPX4I9DNKWN26 | US | BANK | | RATINGS |
| E1030 | LESON TELECOM INC | 8156008DPX4I9DNKWN26 | US | BANK | | RESEARCH |
| E1031 | Kuvir Logistics SA | 969500GRHP48SQNEWH44 | ES | CORP | | RATINGS |
| E1032 | Helom Chemicals BV | 2138006H9XCYN2P1K228 | NL | BANK | | RATINGS |
| E1033 | Kunid Pharma SA | 213800Q84PS4FTJJB947 | ES | CORP | E1004 | RATINGS |
| E1034 | Tanad Capital SpA | 815600KLV84WAQGPSX27 | IT | CORP | | RATINGS |
| E1035 | Kavod Utilities AG | 724500YHN51API4SE179 | DE | CORP | | RATINGS |
| E1036 | Lilor Retail AG | 9695000N72OQ0Q07IW61 | DE | CORP | | RATINGS |
| E1037 | Natil Retail SA | 391200OBAXI8590VQN12 | FR | CORP | | RATINGS |
| E1038 | Lanon Telecom BV | 549300EZ4HXP0L5RAZ01 | NL | CORP | | RATINGS |
| E1039 | Pulor Airlines SA | 969500HA9D5I7F73PW83 | CV | BANK | | RATINGS |
| E1040 | Dorid Mining AG | 549300SPMD9MEMFWMR12 | DE | CORP | | RATINGS |
| E1041 | Hiral Steel SA | 549300JU1O5MP1HSKQ01 | ES | CORP | | RATINGS |
| E1042 | Rerod Steel BV | 391200LC6V921W096L49 | NL | CORP | | RATINGS |
| E1043 | Vitom Property plc | 5493007IVTPIWJZLFF29 | GB | CORP | | RATINGS |
| E1044 | Hesid Telecom Inc | 3912003Y7VZHUGN50755 | US | BANK | | RATINGS |
| E1045 | Nesid Logistics Inc | 96950029VB162U3K1976 | US | BANK | | RATINGS |
| E1046 | Ditin Shipping Inc | 549300ZM08IADSAK3L87 | US | BANK | E1026 | RATINGS |
| E1047 | Vaved Pharma plc | 391200WGA8OE30KZUD08 | GB | CORP | E1020 | RATINGS |
| E1048 | Lised Pharma AG | 9695000T21G05UQMGF10 | DE | CORP | | RATINGS |
| E1049 | Paser Utilities plc | 391200R2EH7FELZFOV27 | GB | CORP | | RATINGS |
(310 more rows not shown)
Query 2:
| instrument_id | description | issuer_id | guarantor_id | seniority | currency | maturity |
|---|---|---|---|---|---|---|
| I01 | Kestrel Energy 4.50% notes due 2030 | E01 | | SU | GBP | 2030-03-15 |
| I02 | Kestrel Energy 6.25% notes due 2031 | E01 | | SUB | GBP | 2031-09-30 |
| I03 | Northwind Finance 3.75% notes due 2030 | E04 | E02 | SU | EUR | 2030-05-01 |
| I04 | Valdoria Telecom 5.00% notes due 2029 | E05 | | SU | USD | 2029-11-20 |
| I05 | Halden Leasing 2.90% notes due 2028 | E11 | E10 | SU | EUR | 2028-06-30 |
| I06 | Corvenia Power 7.10% notes due 2032 | E15 | | SUB | USD | 2032-02-15 |
| I07 | Valdoria Telecom 4.25% notes due 2027 | E05 | | SU | XVD | 2027-08-31 |
| I08 | Corvenia Power 6.00% notes due 2034 | E15 | | SU | USD | 2034-09-01 |
| I1001 | Soson Airlines 5.50% notes due 2031 | E1006 | | SUB | USD | 2035-06-30 |
| I1002 | Golod Property 8.75% notes due 2031 | E1007 | | SU | USD | 2033-06-30 |
| I1003 | Sotil Retail 3.00% notes due 2031 | E1008 | | SU | GBP | 2034-06-30 |
| I1004 | Malam Chemicals 2.25% notes due 2035 | E1009 | | SU | USD | 2028-06-30 |
| I1005 | Posad Industries 4.00% notes due 2033 | E1012 | | SU | EUR | 2031-06-30 |
| I1006 | Pisol Pharma 4.75% notes due 2030 | E1013 | | SUB | USD | 2030-06-30 |
| I1007 | Toral Utilities 7.75% notes due 2028 | E1014 | | SU | EUR | 2033-06-30 |
| I1008 | Ponar Telecom 4.75% notes due 2035 | E1016 | | SU | EUR | 2033-06-30 |
| I1009 | Tosem Mining 2.75% notes due 2031 | E1018 | | SUB | USD | 2036-06-30 |
| I1010 | Finel Media 6.50% notes due 2035 | E1020 | | SU | EUR | 2036-06-30 |
| I1011 | Niner Pharma 3.25% notes due 2029 | E1021 | | SU | USD | 2035-06-30 |
| I1012 | Heled Water 6.25% notes due 2030 | E1023 | | SU | GBP | 2031-06-30 |
| I1013 | Kuvir Logistics 2.00% notes due 2027 | E1031 | | SU | EUR | 2027-06-30 |
| I1014 | Kavod Utilities 2.50% notes due 2032 | E1035 | | SU | USD | 2036-06-30 |
| I1015 | Lanon Telecom 4.75% notes due 2033 | E1038 | | SUB | EUR | 2032-06-30 |
| I1016 | Hiral Steel 6.00% notes due 2035 | E1041 | | SU | USD | 2034-06-30 |
| I1017 | Lised Pharma 4.50% notes due 2036 | E1048 | | SU | EUR | 2029-06-30 |
| I1018 | Paser Utilities 3.75% notes due 2027 | E1049 | | SUB | GBP | 2034-06-30 |
| I1019 | Sunar Holdings 8.50% notes due 2036 | E1050 | | SUB | USD | 2034-06-30 |
| I1020 | Witad Steel 5.00% notes due 2033 | E1052 | | SU | EUR | 2027-06-30 |
| I1021 | Duver Shipping 8.50% notes due 2032 | E1056 | | SU | EUR | 2030-06-30 |
| I1022 | Levem Foods 6.50% notes due 2035 | E1067 | | SUB | EUR | 2030-06-30 |
| I1023 | Mored Utilities 4.25% notes due 2032 | E1071 | | SUB | USD | 2033-06-30 |
| I1024 | Ganed Holdings 5.75% notes due 2035 | E1077 | | SU | EUR | 2032-06-30 |
| I1025 | Menir Shipping 7.50% notes due 2028 | E1078 | | SUB | EUR | 2034-06-30 |
| I1026 | Nevar Property 6.75% notes due 2036 | E1079 | | SU | GBP | 2028-06-30 |
| I1027 | Gilen Capital 2.00% notes due 2031 | E1082 | | SUB | USD | 2034-06-30 |
| I1028 | Givim Mining 5.75% notes due 2036 | E1085 | | SU | EUR | 2034-06-30 |
| I1029 | Gorar Steel 7.25% notes due 2033 | E1086 | | SUB | USD | 2035-06-30 |
| I1030 | Vitid Holdings 5.75% notes due 2032 | E1087 | | SU | EUR | 2034-06-30 |
| I1031 | Koved Holdings 2.50% notes due 2032 | E1088 | | SUB | EUR | 2033-06-30 |
| I1032 | Getel Utilities 7.25% notes due 2033 | E1090 | | SU | USD | 2032-06-30 |
| I1033 | Vavam Pharma 8.75% notes due 2032 | E1103 | | SUB | USD | 2032-06-30 |
| I1034 | Kisil Logistics 8.50% notes due 2031 | E1108 | | SU | EUR | 2033-06-30 |
| I1035 | Verod Logistics 3.00% notes due 2035 | E1114 | | SU | GBP | 2029-06-30 |
| I1036 | Piren Foods 2.50% notes due 2030 | E1115 | | SU | USD | 2033-06-30 |
| I1037 | Reter Shipping 8.00% notes due 2028 | E1118 | | SU | EUR | 2027-06-30 |
| I1038 | Conan Capital 4.75% notes due 2033 | E1131 | | SU | EUR | 2031-06-30 |
| I1039 | Larid Steel 8.50% notes due 2028 | E1141 | | SU | GBP | 2033-06-30 |
| I1040 | Woner Media 5.75% notes due 2027 | E1143 | | SUB | EUR | 2027-06-30 |
| I1041 | Kanim Pharma 3.25% notes due 2033 | E1145 | | SUB | EUR | 2036-06-30 |
| I1042 | Daren Mining 5.75% notes due 2030 | E1147 | | SU | EUR | 2035-06-30 |
| I1043 | Honel Shipping 4.50% notes due 2028 | E1149 | | SUB | EUR | 2029-06-30 |
| I1044 | Wavad Foods 6.75% notes due 2035 | E1155 | | SU | USD | 2036-06-30 |
| I1045 | Ruven Airlines 5.75% notes due 2032 | E1156 | | SUB | EUR | 2036-06-30 |
| I1046 | Diled Steel 8.75% notes due 2027 | E1160 | | SU | EUR | 2029-06-30 |
| I1047 | Wunam Telecom 5.25% notes due 2032 | E1162 | | SU | EUR | 2029-06-30 |
| I1048 | Wenar Water 8.25% notes due 2028 | E1163 | | SUB | EUR | 2028-06-30 |
| I1049 | Ranim Shipping 8.00% notes due 2028 | E1166 | | SUB | USD | 2036-06-30 |
| I1050 | Fivan Holdings 2.25% notes due 2035 | E1168 | | SU | EUR | 2027-06-30 |
| I1051 | Molar Shipping 3.25% notes due 2031 | E1188 | | SU | EUR | 2028-06-30 |
| I1052 | Divid Property 4.25% notes due 2033 | E1189 | | SUB | GBP | 2032-06-30 |
(55 more rows not shown)
Query 3:
| rating_type | ccy_basis | action | outlook | watch | count_star() |
|---|---|---|---|---|---|
| CC | | AS | | | 2 |
| CO | | AS | | | 7 |
| INST | | AF | | | 1 |
| INST | | AS | | | 106 |
| INST | | DG | | | 3 |
| INST | | EX | | | 9 |
| LTIDR | FC | AF | NEG | | 22 |
| LTIDR | FC | AF | POS | | 15 |
| LTIDR | FC | AF | STA | | 44 |
| LTIDR | FC | AS | STA | | 326 |
| LTIDR | FC | DG | NEG | | 27 |
| LTIDR | FC | DG | POS | | 24 |
| LTIDR | FC | DG | STA | | 35 |
| LTIDR | FC | DG | | | 2 |
| LTIDR | FC | RW | | RWN | 45 |
| LTIDR | FC | UG | NEG | | 8 |
| LTIDR | FC | UG | POS | | 10 |
| LTIDR | FC | UG | STA | | 27 |
| LTIDR | FC | WD | | | 39 |
| LTIDR | LC | AF | POS | | 1 |
| LTIDR | LC | AF | STA | | 3 |
| LTIDR | LC | AS | STA | | 19 |
| LTIDR | LC | DG | NEG | | 1 |
| LTIDR | LC | DG | POS | | 1 |
| LTIDR | LC | DG | STA | | 2 |
| LTIDR | LC | RW | | RWN | 3 |
| LTIDR | LC | UG | POS | | 1 |
| LTIDR | LC | UG | STA | | 2 |
| LTIDR | LC | WD | | | 1 |
| STIDR | FC | AF | | | 1 |
Run more queries, or give the final answers.The model
<invoke name="sql">
```sql
SELECT * FROM entities WHERE entity_id NOT LIKE 'E1%' OR entity_id IN ('E10') ORDER BY entity_id;
```
```sql
SELECT * FROM instruments WHERE instrument_id NOT LIKE 'I1%' OR instrument_id LIKE 'I0%' ORDER BY 1;
```
```sql
SELECT * FROM rating_actions WHERE rated_id IN ('E01','E02','E03','E04','E05','E06','E07','E08','E09','E10','E11','E12','E13','E14','E15','E16','E17','E18','CV','VD','I01','I02','I03','I04','I05','I06','I07','I08') ORDER BY rated_id, date;
```
</sql>Query results
Query 1:
| entity_id | name | lei | country | entity_type | parent_id | source_system |
|---|---|---|---|---|---|---|
| CV | Republic of Corvenia | | CV | SOV | | RATINGS |
| E01 | Kestrel Energy plc | 7245002OOPBG04092E43 | GB | CORP | | RATINGS |
| E02 | Northwind Holdings plc | 213800PHEIYNJMHTDV74 | GB | CORP | | RATINGS |
| E03 | NORTHWIND HLDGS | 213800PHEIYNJMHTDV74 | GB | CORP | | RESEARCH |
| E04 | Northwind Finance BV | 213800LA5RYJLGXV2T85 | NL | FINSUB | E02 | RATINGS |
| E05 | Valdoria Telecom SA | 391200LESH03LMOY2U61 | VD | CORP | | RATINGS |
| E06 | Orrin Bank AG | 549300AMVE3VRVG7HK43 | DE | BANK | | RATINGS |
| E07 | Pellam Retail Ltd | 969500B6IUACELPI2291 | GB | CORP | | RATINGS |
| E08 | Saxby Shipping SA | 969500KOTZ1JFIZSG796 | GR | CORP | | RATINGS |
| E09 | Halden Group plc | 815600ASM9EHDG931T89 | GB | CORP | | RATINGS |
| E10 | Halden Bank AG | 391200QYPVFF2O9K2039 | DE | BANK | E09 | RATINGS |
| VD | Republic of Valdoria | | VD | SOV | | RATINGS |
Query 2:
| instrument_id | description | issuer_id | guarantor_id | seniority | currency | maturity |
|---|---|---|---|---|---|---|
| I01 | Kestrel Energy 4.50% notes due 2030 | E01 | | SU | GBP | 2030-03-15 |
| I02 | Kestrel Energy 6.25% notes due 2031 | E01 | | SUB | GBP | 2031-09-30 |
| I03 | Northwind Finance 3.75% notes due 2030 | E04 | E02 | SU | EUR | 2030-05-01 |
| I04 | Valdoria Telecom 5.00% notes due 2029 | E05 | | SU | USD | 2029-11-20 |
| I05 | Halden Leasing 2.90% notes due 2028 | E11 | E10 | SU | EUR | 2028-06-30 |
| I06 | Corvenia Power 7.10% notes due 2032 | E15 | | SUB | USD | 2032-02-15 |
| I07 | Valdoria Telecom 4.25% notes due 2027 | E05 | | SU | XVD | 2027-08-31 |
| I08 | Corvenia Power 6.00% notes due 2034 | E15 | | SU | USD | 2034-09-01 |
Query 3:
| action_id | date | rated_id | rating_type | ccy_basis | action | rating | outlook | watch | comment |
|---|---|---|---|---|---|---|---|---|---|
| A39 | 2024-01-01 | CV | LTIDR | LC | AS | A- | STA | | |
| A38 | 2024-01-01 | CV | LTIDR | FC | AS | BBB+ | STA | | |
| A37 | 2024-01-01 | CV | CC | | AS | A | | | |
| A01 | 2024-03-12 | E01 | LTIDR | FC | AS | A- | STA | | |
| A02 | 2025-06-20 | E01 | LTIDR | FC | DG | BBB | STA | | weaker cash flow after asset sale |
| A03 | 2026-02-10 | E01 | LTIDR | FC | AF | BBB | NEG | | |
| A04 | 2026-02-10 | E01 | STIDR | FC | AF | F2 | | | |
| A08 | 2023-11-01 | E02 | LTIDR | FC | AS | A | STA | | |
| A09 | 2025-09-15 | E03 | LTIDR | FC | AF | A | POS | | |
| A13 | 2025-04-01 | E05 | LTIDR | LC | AS | BBB- | STA | | |
| A14 | 2025-04-01 | E05 | LTIDR | FC | AS | BB | STA | | |
| A16 | 2024-05-01 | E06 | LTIDR | FC | AS | A- | STA | | |
| A17 | 2026-09-03 | E06 | LTIDR | FC | RW | A- | | RWN | |
| A18 | 2024-01-10 | E07 | LTIDR | FC | AS | BB | STA | | |
| A19 | 2026-05-12 | E07 | LTIDR | FC | WD | WD | | | commercial reasons |
| A20 | 2024-06-01 | E08 | LTIDR | FC | AS | B | STA | | |
| A21 | 2026-01-20 | E08 | LTIDR | FC | DG | CCC | | | |
| A22 | 2026-07-08 | E08 | LTIDR | FC | DG | RD | | | distressed debt exchange completed |
| A24 | 2023-05-01 | E09 | LTIDR | FC | AS | A | STA | | |
| A25 | 2026-03-01 | E09 | LTIDR | FC | AF | A | NEG | | |
| A26 | 2023-05-01 | E10 | LTIDR | FC | AS | A- | STA | | support from parent |
| A27 | 2026-04-15 | E10 | LTIDR | FC | DG | BBB+ | STA | | |
| A46 | 2025-02-01 | E11 | CO | | AS | BBB | | | |
| A30 | 2024-02-01 | E12 | LTIDR | FC | AS | BB- | STA | | |
| A31 | 2025-08-01 | E12 | LTIDR | FC | UG | BB | STA | | |
| A32 | 2024-07-01 | E13 | LTIDR | FC | AS | BBB | STA | | |
| A34 | 2023-01-15 | E14 | LTIDR | FC | AS | A- | STA | | |
| A36 | 2024-09-30 | E14 | LTIDR | FC | DG | BBB+ | STA | | |
| A35 | 2025-11-20 | E14 | LTIDR | FC | RW | BBB+ | | RWN | |
| A33 | 2026-05-01 | E14 | LTIDR | FC | AF | BBB+ | STA | | |
| A41 | 2024-03-01 | E15 | LTIDR | FC | AS | A | STA | | |
| A40 | 2024-03-01 | E15 | LTIDR | LC | AS | A+ | STA | | |
| A43 | 2024-04-01 | E16 | LTIDR | FC | AS | BBB- | STA | | |
| A44 | 2026-06-01 | E16 | LTIDR | FC | DG | BB+ | STA | | |
| A05 | 2024-03-12 | I01 | INST | | AS | A- | | | |
| A06 | 2025-06-20 | I01 | INST | | DG | BBB | | | |
| A23 | 2024-03-12 | I02 | INST | | AS | BBB | | | |
| A07 | 2025-06-20 | I02 | INST | | DG | BB+ | | | |
| A10 | 2023-11-01 | I03 | INST | | AS | A | | | |
| A11 | 2025-09-15 | I03 | INST | | AF | A | | | |
| A15 | 2025-04-01 | I04 | INST | | AS | BB | | | |
| A28 | 2023-06-01 | I05 | INST | | AS | A- | | | |
| A29 | 2026-04-15 | I05 | INST | | DG | BBB+ | | | |
| A42 | 2024-03-01 | I06 | INST | | AS | A- | | | |
| A45 | 2025-04-01 | I07 | INST | | AS | BBB- | | | |
| A47 | 2026-09-01 | I08 | INST | | EX | A | | | |
| A12 | 2025-04-01 | VD | CC | | AS | BB | | | |
Run more queries, or give the final answers.The model
Some entities (E11–E18) were excluded by my filter, so I'll fetch them now, along with the rest of the data.
```sql
SELECT * FROM entities WHERE entity_id IN ('E11','E12','E13','E14','E15','E16','E17','E18','E19','E20') OR name ILIKE '%Orrin%' OR name ILIKE '%Brindle%' OR name ILIKE '%Marlow%' OR name ILIKE '%Halden%' OR name ILIKE '%Corvenia%' OR name ILIKE '%Northwind%' OR name ILIKE '%Valdoria%' OR country='LU' ORDER BY entity_id;
```
```sql
SELECT * FROM rating_actions WHERE rated_id NOT IN (SELECT entity_id FROM entities WHERE entity_id LIKE 'E1___') AND rated_id NOT LIKE 'I1%' ORDER BY rated_id, date;
```
```sql
SELECT * FROM rating_actions WHERE rated_id IN ('E17','E18','E19','E20','E21') OR comment IS NOT NULL AND comment<>'' ORDER BY rated_id, date;
```
```sql
SELECT * FROM entities WHERE entity_id IN (SELECT parent_id FROM entities WHERE parent_id IS NOT NULL) OR parent_id IS NOT NULL ORDER BY entity_id;
```Query results
Query 1:
| entity_id | name | lei | country | entity_type | parent_id | source_system |
|---|---|---|---|---|---|---|
| CV | Republic of Corvenia | | CV | SOV | | RATINGS |
| E02 | Northwind Holdings plc | 213800PHEIYNJMHTDV74 | GB | CORP | | RATINGS |
| E03 | NORTHWIND HLDGS | 213800PHEIYNJMHTDV74 | GB | CORP | | RESEARCH |
| E04 | Northwind Finance BV | 213800LA5RYJLGXV2T85 | NL | FINSUB | E02 | RATINGS |
| E05 | Valdoria Telecom SA | 391200LESH03LMOY2U61 | VD | CORP | | RATINGS |
| E06 | Orrin Bank AG | 549300AMVE3VRVG7HK43 | DE | BANK | | RATINGS |
| E09 | Halden Group plc | 815600ASM9EHDG931T89 | GB | CORP | | RATINGS |
| E10 | Halden Bank AG | 391200QYPVFF2O9K2039 | DE | BANK | E09 | RATINGS |
| E11 | Halden Leasing SA | 549300XBZH4ULO9MQV55 | FR | FINSUB | E10 | RATINGS |
| E12 | Halden Foods Ltd | 213800IJDL4OJ4DG5T19 | GB | CORP | | RATINGS |
| E13 | Orrin Bancorp Inc | 815600O8X8K2F154N214 | US | BANK | | RATINGS |
| E14 | Marlow Utilities plc | 3912005AH2C1I9YF8106 | GB | CORP | | RATINGS |
| E15 | Corvenia Power SA | 213800PBQVHVBBH6GV02 | CV | CORP | | RATINGS |
| E16 | Brindle Capital Ltd | 5493003Z3PXXR7KNFM81 | GB | CORP | | QA |
| E17 | HALDEN BANK | 391200QYPVFF2O9K2039 | LU | BANK | | RESEARCH |
| VD | Republic of Valdoria | | VD | SOV | | RATINGS |
Query 2:
| action_id | date | rated_id | rating_type | ccy_basis | action | rating | outlook | watch | comment |
|---|---|---|---|---|---|---|---|---|---|
| A39 | 2024-01-01 | CV | LTIDR | LC | AS | A- | STA | | |
| A38 | 2024-01-01 | CV | LTIDR | FC | AS | BBB+ | STA | | |
| A37 | 2024-01-01 | CV | CC | | AS | A | | | |
| A01 | 2024-03-12 | E01 | LTIDR | FC | AS | A- | STA | | |
| A02 | 2025-06-20 | E01 | LTIDR | FC | DG | BBB | STA | | weaker cash flow after asset sale |
| A03 | 2026-02-10 | E01 | LTIDR | FC | AF | BBB | NEG | | |
| A04 | 2026-02-10 | E01 | STIDR | FC | AF | F2 | | | |
| A08 | 2023-11-01 | E02 | LTIDR | FC | AS | A | STA | | |
| A09 | 2025-09-15 | E03 | LTIDR | FC | AF | A | POS | | |
| A13 | 2025-04-01 | E05 | LTIDR | LC | AS | BBB- | STA | | |
| A14 | 2025-04-01 | E05 | LTIDR | FC | AS | BB | STA | | |
| A16 | 2024-05-01 | E06 | LTIDR | FC | AS | A- | STA | | |
| A17 | 2026-09-03 | E06 | LTIDR | FC | RW | A- | | RWN | |
| A18 | 2024-01-10 | E07 | LTIDR | FC | AS | BB | STA | | |
| A19 | 2026-05-12 | E07 | LTIDR | FC | WD | WD | | | commercial reasons |
| A20 | 2024-06-01 | E08 | LTIDR | FC | AS | B | STA | | |
| A21 | 2026-01-20 | E08 | LTIDR | FC | DG | CCC | | | |
| A22 | 2026-07-08 | E08 | LTIDR | FC | DG | RD | | | distressed debt exchange completed |
| A24 | 2023-05-01 | E09 | LTIDR | FC | AS | A | STA | | |
| A25 | 2026-03-01 | E09 | LTIDR | FC | AF | A | NEG | | |
| A26 | 2023-05-01 | E10 | LTIDR | FC | AS | A- | STA | | support from parent |
| A27 | 2026-04-15 | E10 | LTIDR | FC | DG | BBB+ | STA | | |
| A46 | 2025-02-01 | E11 | CO | | AS | BBB | | | |
| A30 | 2024-02-01 | E12 | LTIDR | FC | AS | BB- | STA | | |
| A31 | 2025-08-01 | E12 | LTIDR | FC | UG | BB | STA | | |
| A32 | 2024-07-01 | E13 | LTIDR | FC | AS | BBB | STA | | |
| A34 | 2023-01-15 | E14 | LTIDR | FC | AS | A- | STA | | |
| A36 | 2024-09-30 | E14 | LTIDR | FC | DG | BBB+ | STA | | |
| A35 | 2025-11-20 | E14 | LTIDR | FC | RW | BBB+ | | RWN | |
| A33 | 2026-05-01 | E14 | LTIDR | FC | AF | BBB+ | STA | | |
| A41 | 2024-03-01 | E15 | LTIDR | FC | AS | A | STA | | |
| A40 | 2024-03-01 | E15 | LTIDR | LC | AS | A+ | STA | | |
| A43 | 2024-04-01 | E16 | LTIDR | FC | AS | BBB- | STA | | |
| A44 | 2026-06-01 | E16 | LTIDR | FC | DG | BB+ | STA | | |
| A05 | 2024-03-12 | I01 | INST | | AS | A- | | | |
| A06 | 2025-06-20 | I01 | INST | | DG | BBB | | | |
| A23 | 2024-03-12 | I02 | INST | | AS | BBB | | | |
| A07 | 2025-06-20 | I02 | INST | | DG | BB+ | | | |
| A10 | 2023-11-01 | I03 | INST | | AS | A | | | |
| A11 | 2025-09-15 | I03 | INST | | AF | A | | | |
| A15 | 2025-04-01 | I04 | INST | | AS | BB | | | |
| A28 | 2023-06-01 | I05 | INST | | AS | A- | | | |
| A29 | 2026-04-15 | I05 | INST | | DG | BBB+ | | | |
| A42 | 2024-03-01 | I06 | INST | | AS | A- | | | |
| A45 | 2025-04-01 | I07 | INST | | AS | BBB- | | | |
| A47 | 2026-09-01 | I08 | INST | | EX | A | | | |
| A12 | 2025-04-01 | VD | CC | | AS | BB | | | |
Query 3:
| action_id | date | rated_id | rating_type | ccy_basis | action | rating | outlook | watch | comment |
|---|---|---|---|---|---|---|---|---|---|
| A02 | 2025-06-20 | E01 | LTIDR | FC | DG | BBB | STA | | weaker cash flow after asset sale |
| A19 | 2026-05-12 | E07 | LTIDR | FC | WD | WD | | | commercial reasons |
| A22 | 2026-07-08 | E08 | LTIDR | FC | DG | RD | | | distressed debt exchange completed |
| A26 | 2023-05-01 | E10 | LTIDR | FC | AS | A- | STA | | support from parent |
| A1002 | 2025-07-20 | E1002 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1013 | 2026-06-27 | E1007 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1046 | 2025-11-08 | E1021 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1067 | 2026-09-15 | E1032 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1085 | 2024-04-09 | E1041 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1095 | 2023-04-15 | E1048 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1124 | 2026-09-19 | E1057 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1136 | 2025-03-28 | E1062 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1138 | 2025-01-12 | E1063 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1161 | 2024-04-28 | E1076 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1180 | 2025-08-02 | E1084 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1230 | 2025-08-10 | E1106 | LTIDR | LC | WD | WD | | | commercial reasons |
| A1233 | 2024-10-16 | E1107 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1251 | 2025-06-28 | E1115 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1263 | 2024-10-23 | E1121 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1268 | 2024-06-15 | E1124 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1296 | 2024-12-26 | E1138 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1298 | 2025-09-15 | E1140 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1332 | 2026-03-22 | E1155 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1339 | 2026-02-27 | E1158 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1342 | 2026-09-22 | E1159 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1356 | 2023-07-26 | E1166 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1371 | 2026-03-12 | E1172 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1422 | 2023-11-03 | E1200 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1430 | 2025-11-16 | E1205 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1433 | 2025-11-20 | E1206 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1459 | 2026-05-22 | E1218 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1462 | 2026-04-11 | E1219 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1473 | 2025-06-12 | E1225 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1496 | 2025-01-24 | E1233 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1499 | 2026-09-22 | E1234 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1522 | 2024-04-18 | E1244 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1540 | 2025-08-13 | E1254 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1590 | 2025-12-14 | E1277 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1594 | 2024-11-17 | E1279 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1650 | 2026-03-26 | E1303 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1664 | 2025-06-19 | E1308 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1680 | 2024-07-07 | E1316 | LTIDR | FC | WD | WD | | | commercial reasons |
| A1685 | 2023-10-15 | E1320 | LTIDR | FC | WD | WD | | | commercial reasons |
Query 4:
| entity_id | name | lei | country | entity_type | parent_id | source_system |
|---|---|---|---|---|---|---|
| E02 | Northwind Holdings plc | 213800PHEIYNJMHTDV74 | GB | CORP | | RATINGS |
| E04 | Northwind Finance BV | 213800LA5RYJLGXV2T85 | NL | FINSUB | E02 | RATINGS |
| E09 | Halden Group plc | 815600ASM9EHDG931T89 | GB | CORP | | RATINGS |
| E10 | Halden Bank AG | 391200QYPVFF2O9K2039 | DE | BANK | E09 | RATINGS |
| E1004 | Munem Retail SA | 969500IBYK0X2ZT52780 | ES | CORP | | RATINGS |
| E1005 | Setan Airlines Inc | 815600JRN7AOE36KFR35 | US | CORP | | RATINGS |
| E1006 | Soson Airlines Inc | 213800WSVEOAQ5HD4C43 | US | CORP | E1005 | RATINGS |
| E1007 | Golod Property plc | 815600N2UAHQREHHWF76 | GB | BANK | | RATINGS |
| E1010 | Buvir Industries Inc | 3912004R2GZJL49URX69 | US | CORP | | RATINGS |
| E1013 | Pisol Pharma BV | 969500U072SAPPW32N81 | NL | BANK | E1004 | RATINGS |
| E1015 | Civen Steel Inc | 815600JSNIJ4UFCBF662 | US | CORP | | RATINGS |
| E1020 | Finel Media AG | 549300FCSHHELSCZX562 | DE | CORP | | RATINGS |
| E1021 | Niner Pharma plc | 391200KLG6G4KVIMIU52 | GB | CORP | | RATINGS |
| E1023 | Heled Water plc | 3912006FHXTH5V6WNK07 | GB | CORP | | RATINGS |
| E1025 | Tulol Shipping SA | 2138007MIV2OS05PET94 | ES | BANK | | RATINGS |
| E1026 | Vunam Water BV | 969500C8XYHXZBFMUO41 | NL | CORP | | RATINGS |
| E1027 | Tesad Media Inc | 969500T86HNH5S920X18 | US | CORP | | RATINGS |
| E1033 | Kunid Pharma SA | 213800Q84PS4FTJJB947 | ES | CORP | E1004 | RATINGS |
| E1038 | Lanon Telecom BV | 549300EZ4HXP0L5RAZ01 | NL | CORP | | RATINGS |
| E1046 | Ditin Shipping Inc | 549300ZM08IADSAK3L87 | US | BANK | E1026 | RATINGS |
| E1047 | Vaved Pharma plc | 391200WGA8OE30KZUD08 | GB | CORP | E1020 | RATINGS |
| E1052 | Witad Steel SA | 213800ENVP6736MREW83 | FR | CORP | | RATINGS |
| E1059 | Kelim Media SA | 549300CRXZL5I1OT6L14 | CV | CORP | E1015 | RATINGS |
| E1061 | Dotan Retail AG | 5493002BLV266QJVIH90 | DE | CORP | | RATINGS |
| E1063 | Kotom Media SA | 9695003FBHLB9KIKNT76 | ES | BANK | | RATINGS |
| E1066 | Lolil Industries SA | 213800VQSNQ2434DKS91 | ES | CORP | E1004 | RATINGS |
| E1068 | Sanin Mining SA | 213800KNUYRFXEU6PS61 | GR | CORP | | RATINGS |
| E1069 | Ganen Shipping SA | 549300GV9F3CNKP0QJ18 | ES | CORP | | RATINGS |
| E1071 | Mored Utilities SA | 213800CG5LUFZKTQXL65 | CV | CORP | | RATINGS |
| E1073 | Hivor Industries Inc | 391200OKDLRW7OVOQO93 | US | CORP | | RATINGS |
| E1074 | Kuron Steel plc | 3912006TI0YGHZXX0R89 | GB | CORP | | RATINGS |
| E1075 | Nilim Industries Inc | 815600GT8SEYXSQI7W78 | US | CORP | E1071 | RATINGS |
| E1078 | Menir Shipping Inc | 815600NRZ5OBW078A263 | US | CORP | | RATINGS |
| E1082 | Gilen Capital Inc | 815600JMC4KYXP7JLQ54 | US | CORP | | RATINGS |
| E1083 | Senir Mining plc | 213800OK3464E1I8MT49 | GB | CORP | | RATINGS |
| E1084 | Poval Chemicals SA | 391200MB5QFXCD5X8I15 | FR | CORP | | RATINGS |
| E1089 | Hanir Airlines SA | 969500WJX7JXMZXN4L42 | GR | CORP | E1078 | RATINGS |
| E1095 | Hunel Foods Inc | 549300YCPCEYTT7UCP57 | US | CORP | E1027 | RATINGS |
| E1098 | Wirim Water Inc | 724500HD5AQ2MDSXXU69 | US | CORP | E1006 | RATINGS |
| E11 | Halden Leasing SA | 549300XBZH4ULO9MQV55 | FR | FINSUB | E10 | RATINGS |
| E1101 | Doror Telecom SA | 815600YUVYKAXDN9LE93 | VD | CORP | E1083 | RATINGS |
| E1107 | Warod Capital SA | 39120035C3L494GPV335 | FR | CORP | | RATINGS |
| E1110 | Rinar Industries SA | 815600DZBIB9VS57NE44 | ES | CORP | E1007 | RATINGS |
| E1114 | Verod Logistics plc | 213800VNSK3FDUWI9Q67 | GB | CORP | E1063 | RATINGS |
| E1119 | Nuner Holdings SpA | 5493007DOMNBIWQWGR68 | IT | CORP | | RATINGS |
| E1149 | Honel Shipping BV | 969500DV6LOBOACJKE42 | NL | CORP | E1013 | RATINGS |
| E1162 | Wunam Telecom BV | 213800AYN5M70T4RZ707 | NL | CORP | | RATINGS |
| E1166 | Ranim Shipping Inc | 8156008Z86BWAKVE7I73 | US | CORP | | RATINGS |
| E1174 | Fivel Retail SpA | 724500P05MC40B0POA10 | IT | BANK | E1073 | RATINGS |
| E1176 | Navor Holdings plc | 8156009KMEPDX5HOT275 | GB | CORP | | RATINGS |
| E1177 | Kiver Capital AG | 213800J4ER8QI0XDZ847 | DE | BANK | E1010 | RATINGS |
| E1179 | Cotan Foods SA | 391200USHZVHBK9FHP01 | ES | CORP | E1162 | RATINGS |
| E1183 | Danad Pharma plc | 96950015W720OD9VIA28 | GB | CORP | E1025 | RATINGS |
| E1189 | Divid Property plc | 549300EK7E9K0SBA9583 | GB | CORP | | RATINGS |
| E1191 | Boler Steel SA | 815600G5CMC2QEQUCG23 | FR | CORP | E1177 | RATINGS |
| E1197 | Kaval Property plc | 8156000IN4HMEEM2ON82 | GB | CORP | E1066 | RATINGS |
| E1198 | Kiver Property AG | 815600K08Z108WT4MF26 | DE | CORP | | RATINGS |
| E1215 | Penen Retail Inc | 8156003V8NY694JQQA11 | US | BANK | E1063 | RATINGS |
| E1228 | Cevad Chemicals plc | 724500JFK718P3DNW233 | GB | CORP | E1023 | RATINGS |
| E1233 | Kavid Industries AG | 3912001DEUC7UPZYE471 | DE | CORP | E1198 | RATINGS |
(28 more rows not shown)
Run more queries, or give the final answers.The model
I need a few aggregate queries before I can answer.
```sql
-- latest LTIDR FC state per rated entity as of 2026-10-01
WITH r AS (
SELECT *, row_number() OVER (PARTITION BY rated_id, ccy_basis ORDER BY date DESC, action_id DESC) rn
FROM rating_actions WHERE rating_type='LTIDR' AND date<='2026-10-01')
SELECT rated_id, ccy_basis, date, action, rating, outlook, watch FROM r WHERE rn=1 AND (watch='RWN' OR outlook='NEG' OR rating IN ('RD','D','C')) ORDER BY 1;
```
```sql
SELECT rated_id, date, action, rating, outlook FROM rating_actions WHERE rating_type='LTIDR' AND action='DG' AND date BETWEEN '2026-01-01' AND '2026-12-31' ORDER BY 1;
```
```sql
SELECT rated_id, date, action, rating FROM rating_actions WHERE rating IN ('RD','D','C','SD') OR rated_id IN ('E1005','E1006') ORDER BY 1,2;
```
```sql
WITH r AS (
SELECT *, row_number() OVER (PARTITION BY rated_id, ccy_basis ORDER BY date DESC, action_id DESC) rn
FROM rating_actions WHERE date<='2026-10-01')
SELECT 'issuers_with_rating' k, count(DISTINCT rated_id) FROM r WHERE rn=1 AND rating_type='LTIDR' AND action<>'WD' AND rated_id IN (SELECT entity_id FROM entities)
UNION ALL SELECT 'inst_rated', count(DISTINCT rated_id) FROM r WHERE rn=1 AND rating_type='INST' AND action NOT IN ('WD','EX')
UNION ALL SELECT 'inst_IG', count(DISTINCT rated_id) FROM r WHERE rn=1 AND rating_type='INST' AND action NOT IN ('WD','EX') AND rating IN ('AAA','AA+','AA','AA-','A+','A','A-','BBB+','BBB','BBB-')
UNION ALL SELECT 'GB_issuers', count(DISTINCT rated_id) FROM r WHERE rn=1 AND rating_type='LTIDR' AND action<>'WD' AND rated_id IN (SELECT entity_id FROM entities WHERE country='GB')
UNION ALL SELECT 'LU entities', count(*) FROM entities WHERE country='LU'
UNION ALL SELECT 'entities total', count(*) FROM entities
UNION ALL SELECT 'distinct lei', count(DISTINCT lei) FROM entities;
```
```sql
SELECT * FROM entities WHERE country='LU' OR parent_id IN ('E02','E09','E10','E11') ORDER BY 1;
```
```sql
SELECT * FROM rating_actions WHERE rated_id IN ('E1005','E1006') OR (rating_type='INST' AND action IN ('EX','AF','DG') ) OR rating_type IN ('CC','CO') ORDER BY rated_id, date;
```Query results
Query 1:
| rated_id | ccy_basis | date | action | rating | outlook | watch |
|---|---|---|---|---|---|---|
| E01 | FC | 2026-02-10 | AF | BBB | NEG | |
| E06 | FC | 2026-09-03 | RW | A- | | RWN |
| E08 | FC | 2026-07-08 | DG | RD | | |
| E09 | FC | 2026-03-01 | AF | A | NEG | |
| E1005 | FC | 2025-08-02 | DG | BB | NEG | |
| E1006 | FC | 2026-06-17 | RW | AA | | RWN |
| E1013 | FC | 2025-07-09 | RW | BB- | | RWN |
| E1019 | LC | 2024-03-20 | RW | BBB- | | RWN |
| E1029 | FC | 2025-08-08 | UG | A- | NEG | |
| E1034 | FC | 2026-05-02 | DG | BBB+ | NEG | |
| E1037 | FC | 2022-05-07 | RW | A | | RWN |
| E1039 | FC | 2025-12-09 | RW | A | | RWN |
| E1046 | FC | 2025-05-28 | UG | AA- | NEG | |
| E1055 | FC | 2024-12-04 | UG | BBB- | NEG | |
| E1056 | FC | 2023-01-01 | DG | A+ | NEG | |
| E1059 | LC | 2026-02-23 | RW | BB- | | RWN |
| E1060 | FC | 2025-02-16 | AF | BB- | NEG | |
| E1061 | FC | 2025-06-06 | RW | A | | RWN |
| E1064 | FC | 2026-06-03 | UG | A- | NEG | |
| E1066 | FC | 2026-05-03 | RW | A- | | RWN |
| E1072 | FC | 2026-02-07 | AF | BB- | NEG | |
| E1079 | FC | 2024-01-26 | AF | BB+ | NEG | |
| E1080 | FC | 2026-02-14 | DG | A- | NEG | |
| E1088 | FC | 2024-01-16 | RW | B+ | | RWN |
| E1098 | FC | 2026-04-28 | RW | BBB- | | RWN |
| E1099 | FC | 2023-11-05 | RW | BB+ | | RWN |
| E1105 | FC | 2024-01-13 | UG | A+ | NEG | |
| E1109 | FC | 2025-12-25 | RW | A+ | | RWN |
| E1118 | FC | 2025-07-14 | DG | BB+ | NEG | |
| E1126 | FC | 2025-07-10 | RW | BB | | RWN |
| E1132 | FC | 2025-08-24 | RW | B+ | | RWN |
| E1133 | FC | 2025-10-11 | RW | B+ | | RWN |
| E1146 | FC | 2025-08-12 | RW | BB | | RWN |
| E1158 | FC | 2026-08-14 | AF | BBB | NEG | |
| E1161 | FC | 2026-07-28 | DG | B | NEG | |
| E1168 | FC | 2023-10-12 | RW | BBB- | | RWN |
| E1181 | FC | 2025-01-06 | RW | A- | | RWN |
| E1188 | FC | 2024-09-05 | UG | BB- | NEG | |
| E1190 | FC | 2025-05-24 | UG | BBB | NEG | |
| E1194 | FC | 2025-01-20 | RW | A | | RWN |
| E1203 | FC | 2023-09-02 | RW | BBB+ | | RWN |
| E1210 | FC | 2024-09-09 | RW | BB | | RWN |
| E1211 | FC | 2024-09-26 | AF | BBB- | NEG | |
| E1228 | FC | 2026-06-28 | DG | BB+ | NEG | |
| E1238 | FC | 2026-07-27 | RW | AA- | | RWN |
| E1242 | FC | 2025-09-11 | RW | BBB | | RWN |
| E1248 | FC | 2026-05-02 | AF | A- | NEG | |
| E1260 | FC | 2025-09-05 | RW | BBB- | | RWN |
| E1262 | FC | 2024-10-13 | AF | B+ | NEG | |
| E1263 | FC | 2026-06-16 | DG | BBB- | NEG | |
| E1264 | FC | 2024-05-18 | RW | B+ | | RWN |
| E1266 | FC | 2026-07-20 | RW | BBB | | RWN |
| E1267 | FC | 2023-12-15 | RW | A- | | RWN |
| E1271 | FC | 2025-10-15 | AF | A- | NEG | |
| E1282 | FC | 2024-03-20 | AF | BB+ | NEG | |
| E1294 | FC | 2026-07-11 | DG | A+ | NEG | |
| E1297 | FC | 2026-09-01 | RW | BBB | | RWN |
| E1300 | FC | 2026-05-06 | DG | BBB | NEG | |
| E1314 | FC | 2024-06-26 | RW | BBB | | RWN |
| E1317 | FC | 2024-09-11 | RW | BB | | RWN |
(10 more rows not shown)
Query 2:
| rated_id | date | action | rating | outlook |
|---|---|---|---|---|
| E08 | 2026-07-08 | DG | RD | |
| E08 | 2026-01-20 | DG | CCC | |
| E10 | 2026-04-15 | DG | BBB+ | STA |
| E1034 | 2026-05-02 | DG | BBB+ | NEG |
| E1051 | 2026-06-01 | DG | A+ | POS |
| E1051 | 2026-04-05 | DG | A+ | NEG |
| E1053 | 2026-03-20 | DG | BB | NEG |
| E1057 | 2026-06-25 | DG | BB | STA |
| E1058 | 2026-07-14 | DG | BBB- | POS |
| E1064 | 2026-03-04 | DG | BBB+ | STA |
| E1080 | 2026-02-14 | DG | A- | NEG |
| E1093 | 2026-07-25 | DG | B | STA |
| E1112 | 2026-02-20 | DG | BBB | POS |
| E1144 | 2026-06-06 | DG | B+ | POS |
| E1151 | 2026-01-26 | DG | BBB | POS |
| E1159 | 2026-06-16 | DG | BBB+ | POS |
| E1161 | 2026-07-28 | DG | B | NEG |
| E1163 | 2026-03-19 | DG | BB+ | POS |
| E1167 | 2026-09-07 | DG | BB | STA |
| E1170 | 2026-08-16 | DG | BB- | STA |
| E1186 | 2026-01-04 | DG | BBB+ | STA |
| E1213 | 2026-02-13 | DG | A- | STA |
| E1213 | 2026-06-16 | DG | BBB+ | POS |
| E1228 | 2026-06-28 | DG | BB+ | NEG |
| E1229 | 2026-06-02 | DG | BB+ | STA |
| E1229 | 2026-05-06 | DG | BB | STA |
| E1243 | 2026-01-13 | DG | BB | STA |
| E1255 | 2026-01-19 | DG | BBB+ | STA |
| E1263 | 2026-06-16 | DG | BBB- | NEG |
| E1263 | 2026-03-03 | DG | BBB | STA |
| E1285 | 2026-02-17 | DG | A | POS |
| E1290 | 2026-08-16 | DG | B | POS |
| E1294 | 2026-07-11 | DG | A+ | NEG |
| E1299 | 2026-02-06 | DG | BBB | POS |
| E1300 | 2026-04-09 | DG | BBB+ | STA |
| E1300 | 2026-05-06 | DG | BBB | NEG |
| E1307 | 2026-02-08 | DG | BB- | POS |
| E1340 | 2026-06-26 | DG | BBB+ | NEG |
| E1341 | 2026-11-09 | DG | BBB+ | NEG |
| E1342 | 2026-07-17 | DG | BBB+ | NEG |
| E1343 | 2026-08-08 | DG | BBB+ | NEG |
| E1344 | 2026-03-18 | DG | A- | NEG |
| E1345 | 2026-09-22 | DG | BB- | NEG |
| E1346 | 2026-10-15 | DG | BBB+ | NEG |
| E1347 | 2026-03-10 | DG | BBB- | NEG |
| E1348 | 2026-03-18 | DG | BBB- | NEG |
| E1349 | 2026-10-14 | DG | A- | NEG |
| E1350 | 2026-09-03 | DG | BB | NEG |
| E1351 | 2026-09-27 | DG | A- | NEG |
| E16 | 2026-06-01 | DG | BB+ | STA |
Query 3:
| rated_id | date | action | rating |
|---|---|---|---|
| E08 | 2026-07-08 | DG | RD |
| E1005 | 2022-05-02 | AS | BBB- |
| E1005 | 2023-03-19 | DG | BB+ |
| E1005 | 2025-08-02 | DG | BB |
| E1006 | 2025-08-26 | AS | AA- |
| E1006 | 2026-04-15 | UG | AA |
| E1006 | 2026-06-17 | RW | AA |
Query 4:
| k | count(DISTINCT rated_id) |
|---|---|
| issuers_with_rating | 292 |
| inst_rated | 106 |
| inst_IG | 66 |
| GB_issuers | 74 |
| LU entities | 1 |
| entities total | 370 |
| distinct lei | 342 |
Query 5:
| entity_id | name | lei | country | entity_type | parent_id | source_system |
|---|---|---|---|---|---|---|
| E04 | Northwind Finance BV | 213800LA5RYJLGXV2T85 | NL | FINSUB | E02 | RATINGS |
| E10 | Halden Bank AG | 391200QYPVFF2O9K2039 | DE | BANK | E09 | RATINGS |
| E11 | Halden Leasing SA | 549300XBZH4ULO9MQV55 | FR | FINSUB | E10 | RATINGS |
| E17 | HALDEN BANK | 391200QYPVFF2O9K2039 | LU | BANK | | RESEARCH |
Query 6:
| action_id | date | rated_id | rating_type | ccy_basis | action | rating | outlook | watch | comment |
|---|---|---|---|---|---|---|---|---|---|
| A37 | 2024-01-01 | CV | CC | | AS | A | | | |
| A1005 | 2022-05-02 | E1005 | LTIDR | FC | AS | BBB- | STA | | |
| A1006 | 2023-03-19 | E1005 | LTIDR | FC | DG | BB+ | POS | | |
| A1007 | 2025-08-02 | E1005 | LTIDR | FC | DG | BB | NEG | | |
| A1008 | 2025-08-26 | E1006 | LTIDR | FC | AS | AA- | STA | | |
| A1009 | 2026-04-15 | E1006 | LTIDR | FC | UG | AA | STA | | |
| A1010 | 2026-06-17 | E1006 | LTIDR | FC | RW | AA | | RWN | |
| A46 | 2025-02-01 | E11 | CO | | AS | BBB | | | |
| A1698 | 2026-09-02 | E1326 | CO | | AS | BB | | | |
| A1700 | 2025-06-13 | E1327 | CO | | AS | BBB- | | | |
| A1704 | 2025-06-27 | E1330 | CO | | AS | BB+ | | | |
| A1708 | 2024-08-17 | E1333 | CO | | AS | BBB+ | | | |
| A1713 | 2026-11-16 | E1337 | CO | | AS | BBB+ | | | |
| A1715 | 2026-07-04 | E1338 | CO | | AS | BBB+ | | | |
| A06 | 2025-06-20 | I01 | INST | | DG | BBB | | | |
| A07 | 2025-06-20 | I02 | INST | | DG | BB+ | | | |
| A11 | 2025-09-15 | I03 | INST | | AF | A | | | |
| A29 | 2026-04-15 | I05 | INST | | DG | BBB+ | | | |
| A47 | 2026-09-01 | I08 | INST | | EX | A | | | |
| A1011 | 2026-11-17 | I1001 | INST | | EX | A+ | | | |
| A1029 | 2026-11-11 | I1007 | INST | | EX | AA- | | | |
| A1033 | 2026-05-23 | I1008 | INST | | EX | B+ | | | |
| A1051 | 2026-07-22 | I1012 | INST | | EX | A- | | | |
| A1078 | 2026-12-17 | I1015 | INST | | EX | B+ | | | |
| A1120 | 2026-09-18 | I1021 | INST | | EX | AA- | | | |
| A1345 | 2026-05-18 | I1046 | INST | | EX | B+ | | | |
| A1357 | 2026-03-17 | I1049 | INST | | EX | BB- | | | |
| A12 | 2025-04-01 | VD | CC | | AS | BB | | | |
Run more queries, or give the final answers.The model
<invoke name="sql">
```sql
WITH r AS (
SELECT a.*, row_number() OVER (PARTITION BY rated_id, ccy_basis ORDER BY date DESC, action_id DESC) rn
FROM rating_actions a WHERE rating_type='LTIDR' AND date<='2026-10-01'),
c AS (SELECT r.*, e.lei, e.country FROM r JOIN entities e ON e.entity_id=r.rated_id WHERE rn=1)
SELECT 'rwn' k, string_agg(DISTINCT rated_id, ',') v FROM c WHERE watch='RWN' AND ccy_basis='FC'
UNION ALL SELECT 'neg', string_agg(DISTINCT rated_id, ',') FROM c WHERE outlook='NEG' AND ccy_basis='FC'
UNION ALL SELECT 'neg_lc', string_agg(DISTINCT rated_id, ',') FROM c WHERE outlook='NEG' AND ccy_basis='LC'
UNION ALL SELECT 'rwn_lc', string_agg(DISTINCT rated_id, ',') FROM c WHERE watch='RWN' AND ccy_basis='LC'
UNION ALL SELECT 'issuers_lei', CAST(count(DISTINCT coalesce(lei,rated_id)) AS VARCHAR) FROM c WHERE action<>'WD'
UNION ALL SELECT 'gb_lei', CAST(count(DISTINCT lei) AS VARCHAR) FROM c WHERE action<>'WD' AND country='GB'
UNION ALL SELECT 'ceil_eq', string_agg(rated_id||':'||rating, ',') FROM c WHERE ccy_basis='FC' AND action<>'WD' AND ((country='CV' AND rating='A') OR (country='VD' AND rating='BB'))
UNION ALL SELECT 'ceil_above', string_agg(rated_id||':'||rating, ',') FROM c WHERE ccy_basis='FC' AND action<>'WD' AND country IN ('CV','VD') AND rated_id NOT IN ('CV','VD')
UNION ALL SELECT 'null_lei', CAST(count(*) AS VARCHAR) FROM entities WHERE lei IS NULL OR lei=''
UNION ALL SELECT 'withdrawn_all', (SELECT string_agg(DISTINCT rated_id, ',') FROM rating_actions x WHERE rating_type='LTIDR' AND rated_id IN (SELECT entity_id FROM entities) AND rated_id NOT IN (SELECT rated_id FROM c WHERE action<>'WD'));
```
</sql>Query results
Query 1:
| k | v |
|---|---|
| rwn | E1037,E1242,E1317,E1088,E1194,E06,E1133,E1181,E1210,E1099,E1132,E1260,E1006,E1264,E1013,E1061,E1238,E1297,E1267,E1066,E1146,E1203,E1314,E1323,E1098,E1126,E1109,E1168,E1039,E1266 |
| neg | E1055,E1294,E1350,E1072,E1190,E01,E1064,E1118,E1343,E1005,E1080,E1079,E1034,E1188,E1248,E1046,E1348,E1029,E1161,E1342,E1351,E1271,E1347,E09,E1060,E1211,E1262,E1056,E1282,E1340,E1300,E1228,E1263,E1345,E1105,E1158,E1344 |
| neg_lc | |
| rwn_lc | E1059,E1019 |
| issuers_lei | 291 |
| gb_lei | 74 |
| ceil_eq | E05:BB,E1039:A,E1236:BB,E15:A,E1028:BB,E1101:BB,E1126:BB,E1194:A |
| ceil_above | E05:BB,E1019:BB+,E1039:A,E1060:BB-,E1071:B+,E1106:B+,E1136:A-,E1144:B+,E1185:BB+,E1217:BB-,E1223:BB+,E1236:BB,E1245:B+,E1304:BB,E1307:BB-,E15:A,E1028:BB,E1096:BBB,E1101:BB,E1126:BB,E1194:A,E1229:BB+,E1243:BB,E1283:BB,E1313:BB- |
| null_lei | 2 |
| withdrawn_all | E07,E1021,E1166,E1062,E1316,E1244,E1205,E1121,E1076,E1218,E1234,E1233,E1225,E1200,E1084,E1048,E1124,E1172,E1032,E1159,E1308,E1057,E1007,E1155,E1254,E1002,E1206,E1320,E1219,E1277,E1063,E1140,E1138,E1107,E1041 |
Run more queries, or give the final answers.The model
**Q1.** A-. E01's rating was set at A- on 2024-03-12 (A01) and not cut until 2025-06-20 (A02).
**Q2.** No. E01's only 2026 actions are affirmations at BBB (A03, A04).
**Q3.** No. Kestrel's 2031 note (I02) was cut to BB+ on 2025-06-20 (A07), which is sub-investment grade.
**Q4.** POS. E03 is a duplicate record of E02 (same LEI), and its latest action is A09 on 2025-09-15, an affirmation at A with a Positive outlook. E02's own last outlook (A08) was Stable.
**Q5.** E02, rated A. I03 is issued by E04 but guaranteed by E02, so the holder takes E02's risk (A08, A09).
**Q6.** Valdoria Telecom's foreign-currency rating is BB (A14) and its local-currency rating is BBB- (A13). The BB equals Valdoria's Country Ceiling (A12), which caps the foreign-currency rating.
**Q7.** 43 issuers had a DG action on their issuer rating in 2026 (listed in the JSON). E1341's DG is dated 2026-11-09, after today, so I excluded it.
**Q8.** E08. It was rated RD from 2026-07-08 (A22).
**Q9.** 291. That is 292 entity IDs with a current non-withdrawn issuer rating, collapsed by shared LEI.
**Q10.** Depends. The foreign-currency rating is BB (sub-investment grade) and the local-currency rating is BBB- (investment grade).
**Q11.** BBB+. E14 was cut on 2024-09-30 (A36), and the next action is on 2025-11-20.
**Q12.** A-, from A34.
**Q13.** 1, from A36.
**Q14.** None. E12's first rating is dated 2024-02-01 (A30).
**Q15.** A-. E10 was only cut on 2026-04-15 (A27).
**Q16.** No. It was BBB+ on 2025-01-01 and is still BBB+ (A35, A33 are a watch and an affirmation).
**Q17.** No. E06's only 2026 action is a Rating Watch Negative at A- (A17).
**Q18.** 32 issuers, listed in the JSON. This includes E1019 and E1059, whose watch is on the local-currency rating only.
**Q19.** 37 issuers, listed in the JSON, based on foreign-currency outlooks. No local-currency rating had a Negative outlook.
**Q20.** No. E07's rating was withdrawn for commercial reasons (A19), not defaulted.
**Q21.** 35 entities, listed in the JSON. Their latest issuer-rating action by 1 October 2026 is a withdrawal, including E07 and the duplicate E1002.
**Q22.** E08 only (RD, A22).
**Q23.** F2 (A04).
**Q24.** Yes. The issuer rating is BBB (A03).
**Q25.** 66 instruments.
**Q26.** A+ (A40).
**Q27.** A- (A42).
**Q28.** BBB+ (A38).
**Q29.** None. VD only has a Country Ceiling (A12, BB) and no issuer rating.
**Q30.** E05, E1028, E1101, E1126, E1236 (BB, Valdoria ceiling) and E15, E1039, E1194 (A, Corvenia ceiling).
**Q31.** Yes. Several VD-domiciled issuers hold ratings above the BB ceiling, e.g. E1096 at BBB and E1229 at BB+. I did not verify each one's country, but the query only returned CV and VD entities.
**Q32.** E09, via E11 → E10 → E09.
**Q33.** E10, rated BBB+. I05 is guaranteed by E10, which was cut to BBB+ on 2026-04-15 (A27).
**Q34.** No. E12 has no parent and no link to E09.
**Q35.** 3 (E09, E10, E11). E17 is a duplicate of E10.
**Q36.** 2 (E02, E04). E03 is a duplicate of E02.
**Q37.** 344. There are 342 distinct LEIs plus the 2 sovereigns, which have no LEI.
**Q38.** No. They have different LEIs, countries and entity IDs (E06 and E13).
**Q39.** A, from A08 and A09.
**Q40.** 74.
**Q41.** BB+ (A44).
**Q42.** DE. The LU country on E17 is a duplicate research record for the same LEI.
**Q43.** 0. The only LU record is E17, a duplicate of E10, which is domiciled in DE.
**Q44.** Yes. I07 is denominated in XVD, which I take to be Valdoria's currency; the data does not define XVD explicitly.
**Q45.** Yes. I07 is rated BBB- (A45), above the BB ceiling (A12).
**Q46.** No. E11 only has a Credit Opinion (A46).
**Q47.** None. I08 was expired on 2026-09-01 (A47).
**Q48.** 106.
```json
{
"Q1":{"rating":"A-"},
"Q2":{"downgraded":"no"},
"Q3":{"investment_grade":"no","rating":"BB+"},
"Q4":{"outlook":"POS"},
"Q5":{"risk_of":"E02","rating":"A"},
"Q7":{"issuers":["E08","E10","E1034","E1051","E1053","E1057","E1058","E1064","E1080","E1093","E1112","E1144","E1151","E1159","E1161","E1163","E1167","E1170","E1186","E1213","E1228","E1229","E1243","E1255","E1263","E1285","E1290","E1294","E1299","E1300","E1307","E1340","E1342","E1343","E1344","E1345","E1346","E1347","E1348","E1349","E1350","E1351","E16"]},
"Q8":{"entities":["E08"]},
"Q9":{"count":291},
"Q10":{"investment_grade":"depends"},
"Q11":{"rating":"BBB+"},
"Q12":{"rating":"A-"},
"Q13":{"count":1},
"Q14":{"rating":"none"},
"Q15":{"rating":"A-"},
"Q16":{"changed":"no"},
"Q17":{"downgraded":"no"},
"Q18":{"issuers":["E1037","E1242","E1317","E1088","E1194","E06","E1133","E1181","E1210","E1099","E1132","E1260","E1006","E1264","E1013","E1061","E1238","E1297","E1267","E1066","E1146","E1203","E1314","E1323","E1098","E1126","E1109","E1168","E1039","E1266","E1019","E1059"]},
"Q19":{"issuers":["E1055","E1294","E1350","E1072","E1190","E01","E1064","E1118","E1343","E1005","E1080","E1079","E1034","E1188","E1248","E1046","E1348","E1029","E1161","E1342","E1351","E1271","E1347","E09","E1060","E1211","E1262","E1056","E1282","E1340","E1300","E1228","E1263","E1345","E1105","E1158","E1344"]},
"Q20":{"in_default":"no"},
"Q21":{"entities":["E07","E1021","E1166","E1062","E1316","E1244","E1205","E1121","E1076","E1218","E1234","E1233","E1225","E1200","E1084","E1048","E1124","E1172","E1032","E1159","E1308","E1057","E1007","E1155","E1254","E1002","E1206","E1320","E1219","E1277","E1063","E1140","E1138","E1107","E1041"]},
"Q22":{"entities":["E08"]},
"Q23":{"rating":"F2"},
"Q24":{"investment_grade":"yes"},
"Q25":{"count":66},
"Q26":{"rating":"A+"},
"Q27":{"rating":"A-"},
"Q28":{"rating":"BBB+"},
"Q29":{"rating":"none"},
"Q30":{"entities":["E05","E1028","E1101","E1126","E1236","E15","E1039","E1194"]},
"Q31":{"any":"yes"},
"Q32":{"parent":"E09"},
"Q33":{"risk_of":"E10","rating":"BBB+"},
"Q34":{"same_group":"no"},
"Q35":{"count":3},
"Q36":{"count":2},
"Q37":{"count":344},
"Q38":{"same":"no"},
"Q39":{"rating":"A"},
"Q40":{"count":74},
"Q41":{"rating":"BB+"},
"Q42":{"country":"DE"},
"Q43":{"count":0},
"Q44":{"local_currency":"yes"},
"Q45":{"above_ceiling":"yes"},
"Q46":{"issuer_rating":"no"},
"Q47":{"rating":"none"},
"Q48":{"count":106}
}
```