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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 click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20220628 Rate Effective Date
USD
Reference Benchmark USD
1.580%
20220628
AED
Reference Benchmark AED
1.535%
20220628
AUD
Reference Benchmark AUD
0.994%
20220628
BRL
Reference Benchmark BRL
13.150%
20220628
CAD
Reference Benchmark CAD
1.392%
20220628
CHF
Reference Benchmark CHF
(0.334)%
20220628
CNH
Reference Benchmark CNH
1.911%
20220628
CZK
Reference Benchmark CZK
6.630%
20220628
DKK
Reference Benchmark DKK
(0.679)%
20220628
EUR
Reference Benchmark EUR
(0.608)%
20220628
GBP
Reference Benchmark GBP
1.264%
20220628
HKD
Reference Benchmark HKD
0.232%
20220628
HUF
Reference Benchmark HUF
5.448%
20220628
ILS
Reference Benchmark ILS
0.811%
20220628
INR
Reference Benchmark INR
8.700%
20220628
JPY
Reference Benchmark JPY
(0.465)%
20220628
KRW
Reference Benchmark KRW
1.750%
20220628
MXN
Reference Benchmark MXN
8.158%
20220628
NOK
Reference Benchmark NOK
1.151%
20220628
NZD
Reference Benchmark NZD
1.676%
20220628
PLN
Reference Benchmark PLN
6.135%
20220628
RUB
Reference Benchmark RUB
8.990%
20220628
SAR
Reference Benchmark SAR
1.643%
20220628
SEK
Reference Benchmark SEK
0.065%
20220628
SGD
Reference Benchmark SGD
1.650%
20220628
TRY
Reference Benchmark TRY
14.801%
20220628
USD
Reference Benchmark USD Libor
1.571%
20220628
ZAR
Reference Benchmark ZAR
4.051%
20220628
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.