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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 20210920 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20210920
USD
Reference Benchmark USD Libor
0.072%
20210920
AUD
Reference Benchmark AUD
(0.042)%
20210920
BRL
Reference Benchmark BRL
5.150%
20210920
CAD
Reference Benchmark CAD
0.167%
20210920
CHF
Reference Benchmark CHF
(0.774)%
20210920
CNH
Reference Benchmark CNH
2.200%
20210920
CZK
Reference Benchmark CZK
0.615%
20210920
DKK
Reference Benchmark DKK
(0.551)%
20210920
EUR
Reference Benchmark EUR
(0.592)%
20210920
GBP
Reference Benchmark GBP
0.049%
20210920
HKD
Reference Benchmark HKD
(0.103)%
20210920
HUF
Reference Benchmark HUF
1.972%
20210920
ILS
Reference Benchmark ILS
(0.133)%
20210920
INR
Reference Benchmark INR
8.700%
20210920
JPY
Reference Benchmark JPY
(0.167)%
20210920
KRW
Reference Benchmark KRW
0.750%
20210920
MXN
Reference Benchmark MXN
4.567%
20210920
NOK
Reference Benchmark NOK
(0.009)%
20210920
NZD
Reference Benchmark NZD
(0.093)%
20210920
PLN
Reference Benchmark PLN
(0.013)%
20210920
RUB
Reference Benchmark RUB
6.415%
20210920
SEK
Reference Benchmark SEK
(0.196)%
20210920
SGD
Reference Benchmark SGD
0.172%
20210920
TRY
Reference Benchmark TRY
18.413%
20210920
ZAR
Reference Benchmark ZAR
5.631%
20210920
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.