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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 20210409 Rate Effective Date
USD
Reference Benchmark USD
0.070%
20210409
USD
Reference Benchmark USD Libor
0.075%
20210409
AUD
Reference Benchmark AUD
(0.186)%
20210409
BRL
Reference Benchmark BRL
2.650%
20210409
CAD
Reference Benchmark CAD
(0.093)%
20210409
CHF
Reference Benchmark CHF
(0.839)%
20210409
CNH
Reference Benchmark CNH
3.100%
20210409
CZK
Reference Benchmark CZK
0.018%
20210409
DKK
Reference Benchmark DKK
(0.483)%
20210409
EUR
Reference Benchmark EUR
(0.635)%
20210409
GBP
Reference Benchmark GBP
(0.052)%
20210409
HKD
Reference Benchmark HKD
0.007%
20210409
HUF
Reference Benchmark HUF
0.361%
20210409
ILS
Reference Benchmark ILS
(0.106)%
20210409
INR
Reference Benchmark INR
8.700%
20210409
JPY
Reference Benchmark JPY
(0.171)%
20210409
KRW
Reference Benchmark KRW
0.500%
20210409
MXN
Reference Benchmark MXN
4.052%
20210409
NOK
Reference Benchmark NOK
(0.003)%
20210409
NZD
Reference Benchmark NZD
0.468%
20210409
PLN
Reference Benchmark PLN
(0.143)%
20210409
RUB
Reference Benchmark RUB
4.402%
20210409
SEK
Reference Benchmark SEK
(0.254)%
20210409
SGD
Reference Benchmark SGD
0.079%
20210409
TRY
Reference Benchmark TRY
20.828%
20210409
ZAR
Reference Benchmark ZAR
6.542%
20210409
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.