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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 20210622 Rate Effective Date
USD
Reference Benchmark USD
0.100%
20210622
USD
Reference Benchmark USD Libor
0.081%
20210622
AUD
Reference Benchmark AUD
(0.002)%
20210622
BRL
Reference Benchmark BRL
4.150%
20210622
CAD
Reference Benchmark CAD
0.109%
20210622
CHF
Reference Benchmark CHF
(0.842)%
20210622
CNH
Reference Benchmark CNH
2.215%
20210622
CZK
Reference Benchmark CZK
0.002%
20210622
DKK
Reference Benchmark DKK
(0.565)%
20210622
EUR
Reference Benchmark EUR
(0.597)%
20210622
GBP
Reference Benchmark GBP
(0.006)%
20210622
HKD
Reference Benchmark HKD
(0.031)%
20210622
HUF
Reference Benchmark HUF
0.217%
20210622
ILS
Reference Benchmark ILS
(0.045)%
20210622
INR
Reference Benchmark INR
8.700%
20210622
JPY
Reference Benchmark JPY
(0.201)%
20210622
KRW
Reference Benchmark KRW
0.500%
20210622
MXN
Reference Benchmark MXN
4.206%
20210622
NOK
Reference Benchmark NOK
(0.036)%
20210622
NZD
Reference Benchmark NZD
0.169%
20210622
PLN
Reference Benchmark PLN
(0.067)%
20210622
RUB
Reference Benchmark RUB
5.092%
20210622
SEK
Reference Benchmark SEK
(0.199)%
20210622
SGD
Reference Benchmark SGD
0.232%
20210622
TRY
Reference Benchmark TRY
18.346%
20210622
ZAR
Reference Benchmark ZAR
4.149%
20210622
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.