Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.


CurrencyDescription for Effective Date 20240315 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240315
AED
Reference Benchmark AED
5.197%
20240315
AUD
Reference Benchmark AUD
4.429%
20240315
BGN
Reference Benchmark BGN
3.800%
20240315
BRL
Reference Benchmark BRL
11.150%
20240315
CAD
Reference Benchmark CAD
4.860%
20240315
CHF
Reference Benchmark CHF
1.614%
20240315
CNH
Reference Benchmark CNH
2.539%
20240315
CZK
Reference Benchmark CZK
6.155%
20240315
DKK
Reference Benchmark DKK
3.534%
20240315
EUR
Reference Benchmark EUR
3.929%
20240315
GBP
Reference Benchmark GBP
5.191%
20240315
HKD
Reference Benchmark HKD
3.933%
20240315
HUF
Reference Benchmark HUF
8.749%
20240315
ILS
Reference Benchmark ILS
4.261%
20240315
INR
Reference Benchmark INR
6.740%
20240315
JPY
Reference Benchmark JPY
(0.192)%
20240315
KRW
Reference Benchmark KRW
3.500%
20240315
MXN
Reference Benchmark MXN
11.013%
20240315
NOK
Reference Benchmark NOK
4.433%
20240315
NZD
Reference Benchmark NZD
5.062%
20240315
PLN
Reference Benchmark PLN
5.586%
20240315
RON
Reference Benchmark RON
5.851%
20240315
RUB
Reference Benchmark RUB
15.740%
20240315
SAR
Reference Benchmark SAR
5.940%
20240315
SEK
Reference Benchmark SEK
3.851%
20240315
SGD
Reference Benchmark SGD
3.499%
20240315
TRY
Reference Benchmark TRY
46.917%
20240315
ZAR
Reference Benchmark ZAR
8.142%
20240315
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


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