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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 20211015 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20211015
USD
Reference Benchmark USD Libor
0.072%
20211015
AUD
Reference Benchmark AUD
(0.059)%
20211015
BRL
Reference Benchmark BRL
6.150%
20211015
CAD
Reference Benchmark CAD
0.113%
20211015
CHF
Reference Benchmark CHF
(0.826)%
20211015
CNH
Reference Benchmark CNH
4.206%
20211015
CZK
Reference Benchmark CZK
1.172%
20211015
DKK
Reference Benchmark DKK
(0.631)%
20211015
EUR
Reference Benchmark EUR
(0.606)%
20211015
GBP
Reference Benchmark GBP
(0.010)%
20211015
HKD
Reference Benchmark HKD
(0.025)%
20211015
HUF
Reference Benchmark HUF
1.115%
20211015
ILS
Reference Benchmark ILS
(0.377)%
20211015
INR
Reference Benchmark INR
8.700%
20211015
JPY
Reference Benchmark JPY
(0.150)%
20211015
KRW
Reference Benchmark KRW
0.750%
20211015
MXN
Reference Benchmark MXN
6.675%
20211015
NOK
Reference Benchmark NOK
0.336%
20211015
NZD
Reference Benchmark NZD
0.777%
20211015
PLN
Reference Benchmark PLN
(0.006)%
20211015
RUB
Reference Benchmark RUB
6.452%
20211015
SEK
Reference Benchmark SEK
(0.179)%
20211015
SGD
Reference Benchmark SGD
0.198%
20211015
TRY
Reference Benchmark TRY
17.490%
20211015
ZAR
Reference Benchmark ZAR
3.722%
20211015
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.