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Margin 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 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 20230601 Rate Effective Date
USD
Reference Benchmark USD
5.080%
20230601
AED
Reference Benchmark AED
4.802%
20230601
AUD
Reference Benchmark AUD
3.847%
20230601
BGN
Reference Benchmark BGN
2.629%
20230601
BRL
Reference Benchmark BRL
13.650%
20230601
CAD
Reference Benchmark CAD
4.333%
20230601
CHF
Reference Benchmark CHF
1.063%
20230601
CNH
Reference Benchmark CNH
1.197%
20230601
CZK
Reference Benchmark CZK
6.644%
20230601
DKK
Reference Benchmark DKK
2.641%
20230601
EUR
Reference Benchmark EUR
3.057%
20230601
GBP
Reference Benchmark GBP
4.381%
20230601
HKD
Reference Benchmark HKD
3.896%
20230601
HUF
Reference Benchmark HUF
16.050%
20230601
ILS
Reference Benchmark ILS
3.750%
20230601
INR
Reference Benchmark INR
9.100%
20230601
JPY
Reference Benchmark JPY
(0.203)%
20230601
KRW
Reference Benchmark KRW
3.500%
20230601
MXN
Reference Benchmark MXN
13.376%
20230601
NOK
Reference Benchmark NOK
3.565%
20230601
NZD
Reference Benchmark NZD
5.122%
20230601
PLN
Reference Benchmark PLN
7.016%
20230601
RON
Reference Benchmark RON
5.972%
20230601
RUB
Reference Benchmark RUB
7.270%
20230601
SAR
Reference Benchmark SAR
5.774%
20230601
SEK
Reference Benchmark SEK
3.260%
20230601
SGD
Reference Benchmark SGD
4.194%
20230601
TRY
Reference Benchmark TRY
204.600%
20230601
ZAR
Reference Benchmark ZAR
8.311%
20230601
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.


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