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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 click here.

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


CurrencyDescription for Effective Date 20220817 Rate Effective Date
USD
Reference Benchmark USD
2.330%
20220817
AED
Reference Benchmark AED
2.282%
20220817
AUD
Reference Benchmark AUD
1.765%
20220817
BGN
Reference Benchmark BGN
(0.124)%
20220817
BRL
Reference Benchmark BRL
13.650%
20220817
CAD
Reference Benchmark CAD
2.448%
20220817
CHF
Reference Benchmark CHF
(0.323)%
20220817
CNH
Reference Benchmark CNH
1.851%
20220817
CZK
Reference Benchmark CZK
6.608%
20220817
DKK
Reference Benchmark DKK
(0.160)%
20220817
EUR
Reference Benchmark EUR
(0.055)%
20220817
GBP
Reference Benchmark GBP
1.696%
20220817
HKD
Reference Benchmark HKD
1.811%
20220817
HUF
Reference Benchmark HUF
9.686%
20220817
ILS
Reference Benchmark ILS
1.483%
20220817
INR
Reference Benchmark INR
8.700%
20220817
JPY
Reference Benchmark JPY
(0.094)%
20220817
KRW
Reference Benchmark KRW
2.250%
20220817
MXN
Reference Benchmark MXN
8.815%
20220817
NOK
Reference Benchmark NOK
1.154%
20220817
NZD
Reference Benchmark NZD
2.355%
20220817
PLN
Reference Benchmark PLN
7.198%
20220817
RON
Reference Benchmark RON
7.905%
20220817
RUB
Reference Benchmark RUB
7.860%
20220817
SAR
Reference Benchmark SAR
2.606%
20220817
SEK
Reference Benchmark SEK
0.572%
20220817
SGD
Reference Benchmark SGD
2.096%
20220817
TRY
Reference Benchmark TRY
10.739%
20220817
USD
Reference Benchmark USD Libor
2.314%
20220817
ZAR
Reference Benchmark ZAR
5.651%
20220817
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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