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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 20200918 Rate Effective Date
USD
Reference Benchmark USD
0.090%
20200918
USD
Reference Benchmark USD Libor
0.082%
20200918
AUD
Reference Benchmark AUD
0.058%
20200918
BRL
Reference Benchmark BRL
1.900%
20200918
CAD
Reference Benchmark CAD
(0.045)%
20200918
CHF
Reference Benchmark CHF
(0.845)%
20200918
CNH
Reference Benchmark CNH
2.514%
20200918
CZK
Reference Benchmark CZK
(0.053)%
20200918
DKK
Reference Benchmark DKK
(0.519)%
20200918
EUR
Reference Benchmark EUR
(0.574)%
20200918
GBP
Reference Benchmark GBP
(0.035)%
20200918
HKD
Reference Benchmark HKD
0.099%
20200918
HUF
Reference Benchmark HUF
0.208%
20200918
ILS
Reference Benchmark ILS
(0.071)%
20200918
INR
Reference Benchmark INR
9.100%
20200918
JPY
Reference Benchmark JPY
(0.269)%
20200918
KRW
Reference Benchmark KRW
0.500%
20200918
MXN
Reference Benchmark MXN
4.201%
20200918
NOK
Reference Benchmark NOK
0.021%
20200918
NZD
Reference Benchmark NZD
0.203%
20200918
PLN
Reference Benchmark PLN
(0.153)%
20200918
RUB
Reference Benchmark RUB
3.860%
20200918
SEK
Reference Benchmark SEK
(0.164)%
20200918
SGD
Reference Benchmark SGD
(0.008)%
20200918
TRY
Reference Benchmark TRY
8.455%
20200918
ZAR
Reference Benchmark ZAR
4.201%
20200918
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.