The daily series alone does not tell you which rate will enter a contract.
We extracted data published through 19 August 2026 and separated four questions: movement during the month, the closed-quarter calculation, the open quarter and the delay between measurement and application.
1. The August range is narrow
The 13 observations from 3-19 August run from 5.51% to 5.61%. Their simple average is 5.5608%. This describes the available period, not a final quarterly value.
2. The second quarter is complete in the Kreditano register
April-June contains 61 of 61 expected publication days. Our calculation gives 5.5746%, displayed to two decimals as 5.57%. The NBR feed had not yet published the next official value when checked, so we label this a completed Kreditano calculation, not a new official figure.
3. The third quarter remains open
By 19 August, 36 of 66 expected observations were available, or 54.5% of the calendar. The available average was 5.57%, while the forecast field remains empty. Remaining days can change the result.
4. Measurement date is not application date
The April-June calculation is projected for application in October-December 2026. The series that began in July will matter, after closure and publication, for the first quarter of 2027.
Roman Dumitrescu, former BCR analyst: “In 2026 contract checks I started with the interest-review date, not the latest daily value. A correct index placed in the wrong quarter still produces a wrong answer.”
How to reproduce the check
Download the CSV series, filter the measurement quarter and calculate the arithmetic mean only after the calendar closes. The IRCC tracker keeps the applied value, completed calculation and partial mean separate.