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 20210512 Rate Effective Date
USD
Reference Benchmark USD
0.060%
20210512
USD
Reference Benchmark USD Libor
0.063%
20210512
AUD
Reference Benchmark AUD
(0.004)%
20210512
BRL
Reference Benchmark BRL
3.400%
20210512
CAD
Reference Benchmark CAD
0.088%
20210512
CHF
Reference Benchmark CHF
(0.848)%
20210512
CNH
Reference Benchmark CNH
2.419%
20210512
CZK
Reference Benchmark CZK
0.132%
20210512
DKK
Reference Benchmark DKK
(0.427)%
20210512
EUR
Reference Benchmark EUR
(0.595)%
20210512
GBP
Reference Benchmark GBP
0.034%
20210512
HKD
Reference Benchmark HKD
(0.011)%
20210512
HUF
Reference Benchmark HUF
0.514%
20210512
ILS
Reference Benchmark ILS
(0.047)%
20210512
INR
Reference Benchmark INR
8.700%
20210512
JPY
Reference Benchmark JPY
(0.197)%
20210512
KRW
Reference Benchmark KRW
0.500%
20210512
MXN
Reference Benchmark MXN
4.077%
20210512
NOK
Reference Benchmark NOK
0.010%
20210512
NZD
Reference Benchmark NZD
0.067%
20210512
PLN
Reference Benchmark PLN
(0.023)%
20210512
RUB
Reference Benchmark RUB
4.514%
20210512
SEK
Reference Benchmark SEK
(0.172)%
20210512
SGD
Reference Benchmark SGD
0.186%
20210512
TRY
Reference Benchmark TRY
17.374%
20210512
ZAR
Reference Benchmark ZAR
4.651%
20210512
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.