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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 LIBOR and 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 20201203 Rate Effective Date
USD
Reference Benchmark USD
0.090%
20201203
USD
Reference Benchmark USD Libor
0.082%
20201203
AUD
Reference Benchmark AUD
(0.433)%
20201203
BRL
Reference Benchmark BRL
1.900%
20201203
CAD
Reference Benchmark CAD
0.023%
20201203
CHF
Reference Benchmark CHF
(0.862)%
20201203
CNH
Reference Benchmark CNH
2.250%
20201203
CZK
Reference Benchmark CZK
0.007%
20201203
DKK
Reference Benchmark DKK
(0.583)%
20201203
EUR
Reference Benchmark EUR
(0.616)%
20201203
GBP
Reference Benchmark GBP
(0.048)%
20201203
HKD
Reference Benchmark HKD
0.014%
20201203
HUF
Reference Benchmark HUF
0.202%
20201203
ILS
Reference Benchmark ILS
(0.054)%
20201203
INR
Reference Benchmark INR
9.100%
20201203
JPY
Reference Benchmark JPY
(0.203)%
20201203
KRW
Reference Benchmark KRW
0.500%
20201203
MXN
Reference Benchmark MXN
4.530%
20201203
NOK
Reference Benchmark NOK
(0.070)%
20201203
NZD
Reference Benchmark NZD
(0.094)%
20201203
PLN
Reference Benchmark PLN
(0.075)%
20201203
RUB
Reference Benchmark RUB
3.798%
20201203
SEK
Reference Benchmark SEK
(0.259)%
20201203
SGD
Reference Benchmark SGD
0.150%
20201203
TRY
Reference Benchmark TRY
12.330%
20201203
ZAR
Reference Benchmark ZAR
4.595%
20201203
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.