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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 20220119 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20220119
USD
Reference Benchmark USD Libor
0.078%
20220119
AUD
Reference Benchmark AUD
(0.023)%
20220119
BRL
Reference Benchmark BRL
9.150%
20220119
CAD
Reference Benchmark CAD
0.073%
20220119
CHF
Reference Benchmark CHF
(0.847)%
20220119
CNH
Reference Benchmark CNH
1.522%
20220119
CZK
Reference Benchmark CZK
3.460%
20220119
DKK
Reference Benchmark DKK
(0.758)%
20220119
EUR
Reference Benchmark EUR
(0.670)%
20220119
GBP
Reference Benchmark GBP
0.079%
20220119
HKD
Reference Benchmark HKD
0.032%
20220119
HUF
Reference Benchmark HUF
2.002%
20220119
ILS
Reference Benchmark ILS
0.040%
20220119
INR
Reference Benchmark INR
8.700%
20220119
JPY
Reference Benchmark JPY
(0.266)%
20220119
KRW
Reference Benchmark KRW
1.250%
20220119
MXN
Reference Benchmark MXN
5.488%
20220119
NOK
Reference Benchmark NOK
0.443%
20220119
NZD
Reference Benchmark NZD
0.243%
20220119
PLN
Reference Benchmark PLN
1.699%
20220119
RUB
Reference Benchmark RUB
8.373%
20220119
SEK
Reference Benchmark SEK
(0.309)%
20220119
SGD
Reference Benchmark SGD
0.176%
20220119
TRY
Reference Benchmark TRY
14.572%
20220119
ZAR
Reference Benchmark ZAR
5.423%
20220119
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.