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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 20200925 Rate Effective Date
USD
Reference Benchmark USD
0.090%
20200925
USD
Reference Benchmark USD Libor
0.081%
20200925
AUD
Reference Benchmark AUD
0.068%
20200925
BRL
Reference Benchmark BRL
1.900%
20200925
CAD
Reference Benchmark CAD
0.002%
20200925
CHF
Reference Benchmark CHF
(0.839)%
20200925
CNH
Reference Benchmark CNH
2.340%
20200925
CZK
Reference Benchmark CZK
0.010%
20200925
DKK
Reference Benchmark DKK
(0.483)%
20200925
EUR
Reference Benchmark EUR
(0.594)%
20200925
GBP
Reference Benchmark GBP
(0.017)%
20200925
HKD
Reference Benchmark HKD
0.081%
20200925
HUF
Reference Benchmark HUF
0.656%
20200925
ILS
Reference Benchmark ILS
(0.236)%
20200925
INR
Reference Benchmark INR
9.100%
20200925
JPY
Reference Benchmark JPY
(0.235)%
20200925
KRW
Reference Benchmark KRW
0.500%
20200925
MXN
Reference Benchmark MXN
4.343%
20200925
NOK
Reference Benchmark NOK
0.119%
20200925
NZD
Reference Benchmark NZD
0.124%
20200925
PLN
Reference Benchmark PLN
(0.004)%
20200925
RUB
Reference Benchmark RUB
3.860%
20200925
SEK
Reference Benchmark SEK
(0.216)%
20200925
SGD
Reference Benchmark SGD
0.089%
20200925
TRY
Reference Benchmark TRY
8.550%
20200925
ZAR
Reference Benchmark ZAR
4.669%
20200925
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.