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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 20200810 Rate Effective Date
USD
Reference Benchmark USD
0.100%
20200810
USD
Reference Benchmark USD Libor
0.085%
20200810
AUD
Reference Benchmark AUD
0.041%
20200810
BRL
Reference Benchmark BRL
1.900%
20200810
CAD
Reference Benchmark CAD
0.065%
20200810
CHF
Reference Benchmark CHF
(0.892)%
20200810
CNH
Reference Benchmark CNH
2.652%
20200810
CZK
Reference Benchmark CZK
0.074%
20200810
DKK
Reference Benchmark DKK
(0.632)%
20200810
EUR
Reference Benchmark EUR
(0.590)%
20200810
GBP
Reference Benchmark GBP
0.000%
20200810
HKD
Reference Benchmark HKD
0.013%
20200810
HUF
Reference Benchmark HUF
0.305%
20200810
ILS
Reference Benchmark ILS
(0.153)%
20200810
INR
Reference Benchmark INR
9.100%
20200810
JPY
Reference Benchmark JPY
(0.238)%
20200810
KRW
Reference Benchmark KRW
0.500%
20200810
MXN
Reference Benchmark MXN
4.800%
20200810
NOK
Reference Benchmark NOK
(0.115)%
20200810
NZD
Reference Benchmark NZD
0.198%
20200810
PLN
Reference Benchmark PLN
(0.117)%
20200810
RUB
Reference Benchmark RUB
3.956%
20200810
SEK
Reference Benchmark SEK
(0.268)%
20200810
SGD
Reference Benchmark SGD
0.044%
20200810
TRY
Reference Benchmark TRY
12.530%
20200810
ZAR
Reference Benchmark ZAR
3.603%
20200810
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.