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 20210303 Rate Effective Date
USD
Reference Benchmark USD
0.070%
20210303
USD
Reference Benchmark USD Libor
0.079%
20210303
AUD
Reference Benchmark AUD
(0.017)%
20210303
BRL
Reference Benchmark BRL
1.900%
20210303
CAD
Reference Benchmark CAD
0.109%
20210303
CHF
Reference Benchmark CHF
(0.973)%
20210303
CNH
Reference Benchmark CNH
2.463%
20210303
CZK
Reference Benchmark CZK
0.004%
20210303
DKK
Reference Benchmark DKK
(0.707)%
20210303
EUR
Reference Benchmark EUR
(0.714)%
20210303
GBP
Reference Benchmark GBP
0.010%
20210303
HKD
Reference Benchmark HKD
(0.058)%
20210303
HUF
Reference Benchmark HUF
1.367%
20210303
ILS
Reference Benchmark ILS
(0.473)%
20210303
INR
Reference Benchmark INR
8.700%
20210303
JPY
Reference Benchmark JPY
(0.237)%
20210303
KRW
Reference Benchmark KRW
0.500%
20210303
MXN
Reference Benchmark MXN
4.047%
20210303
NOK
Reference Benchmark NOK
0.011%
20210303
NZD
Reference Benchmark NZD
(0.207)%
20210303
PLN
Reference Benchmark PLN
(0.235)%
20210303
RUB
Reference Benchmark RUB
4.109%
20210303
SEK
Reference Benchmark SEK
(0.278)%
20210303
SGD
Reference Benchmark SGD
0.053%
20210303
TRY
Reference Benchmark TRY
16.105%
20210303
ZAR
Reference Benchmark ZAR
3.929%
20210303
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.