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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 20200702 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20200702
USD
Reference Benchmark USD Libor
0.077%
20200702
AUD
Reference Benchmark AUD
(0.215)%
20200702
BRL
Reference Benchmark BRL
2.150%
20200702
CAD
Reference Benchmark CAD
(0.348)%
20200702
CHF
Reference Benchmark CHF
(0.917)%
20200702
CNH
Reference Benchmark CNH
1.786%
20200702
CZK
Reference Benchmark CZK
(0.107)%
20200702
DKK
Reference Benchmark DKK
0.005%
20200702
EUR
Reference Benchmark EUR
(0.636)%
20200702
GBP
Reference Benchmark GBP
(0.112)%
20200702
HKD
Reference Benchmark HKD
0.236%
20200702
HUF
Reference Benchmark HUF
0.413%
20200702
ILS
Reference Benchmark ILS
(0.526)%
20200702
INR
Reference Benchmark INR
9.100%
20200702
JPY
Reference Benchmark JPY
(0.388)%
20200702
KRW
Reference Benchmark KRW
0.500%
20200702
MXN
Reference Benchmark MXN
4.604%
20200702
NOK
Reference Benchmark NOK
(0.024)%
20200702
NZD
Reference Benchmark NZD
(0.328)%
20200702
PLN
Reference Benchmark PLN
(0.024)%
20200702
RUB
Reference Benchmark RUB
4.374%
20200702
SEK
Reference Benchmark SEK
(0.256)%
20200702
SGD
Reference Benchmark SGD
0.043%
20200702
TRY
Reference Benchmark TRY
4.611%
20200702
ZAR
Reference Benchmark ZAR
4.472%
20200702
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.