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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 20200814 Rate Effective Date
USD
Reference Benchmark USD
0.100%
20200814
USD
Reference Benchmark USD Libor
0.085%
20200814
AUD
Reference Benchmark AUD
0.160%
20200814
BRL
Reference Benchmark BRL
1.900%
20200814
CAD
Reference Benchmark CAD
0.090%
20200814
CHF
Reference Benchmark CHF
(0.842)%
20200814
CNH
Reference Benchmark CNH
2.640%
20200814
CZK
Reference Benchmark CZK
(0.061)%
20200814
DKK
Reference Benchmark DKK
(0.660)%
20200814
EUR
Reference Benchmark EUR
(0.596)%
20200814
GBP
Reference Benchmark GBP
(0.028)%
20200814
HKD
Reference Benchmark HKD
(0.004)%
20200814
HUF
Reference Benchmark HUF
0.149%
20200814
ILS
Reference Benchmark ILS
(0.096)%
20200814
INR
Reference Benchmark INR
9.100%
20200814
JPY
Reference Benchmark JPY
(0.142)%
20200814
KRW
Reference Benchmark KRW
0.500%
20200814
MXN
Reference Benchmark MXN
5.035%
20200814
NOK
Reference Benchmark NOK
(0.210)%
20200814
NZD
Reference Benchmark NZD
0.259%
20200814
PLN
Reference Benchmark PLN
(0.206)%
20200814
RUB
Reference Benchmark RUB
3.885%
20200814
SEK
Reference Benchmark SEK
(0.272)%
20200814
SGD
Reference Benchmark SGD
0.111%
20200814
TRY
Reference Benchmark TRY
8.490%
20200814
ZAR
Reference Benchmark ZAR
3.718%
20200814
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.