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IBKR Reference Benchmark Rates

Pricing

IBKR 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 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, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.


CurrencyDescription for Effective Date 20230927 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20230927
AED
Reference Benchmark AED
5.052%
20230927
AUD
Reference Benchmark AUD
4.020%
20230927
BGN
Reference Benchmark BGN
3.790%
20230927
BRL
Reference Benchmark BRL
12.650%
20230927
CAD
Reference Benchmark CAD
4.844%
20230927
CHF
Reference Benchmark CHF
1.584%
20230927
CNH
Reference Benchmark CNH
6.676%
20230927
CZK
Reference Benchmark CZK
6.833%
20230927
DKK
Reference Benchmark DKK
3.479%
20230927
EUR
Reference Benchmark EUR
3.893%
20230927
GBP
Reference Benchmark GBP
5.173%
20230927
HKD
Reference Benchmark HKD
6.285%
20230927
HUF
Reference Benchmark HUF
12.597%
20230927
ILS
Reference Benchmark ILS
3.874%
20230927
INR
Reference Benchmark INR
9.700%
20230927
JPY
Reference Benchmark JPY
(0.313)%
20230927
KRW
Reference Benchmark KRW
3.500%
20230927
MXN
Reference Benchmark MXN
11.112%
20230927
NOK
Reference Benchmark NOK
4.027%
20230927
NZD
Reference Benchmark NZD
5.249%
20230927
PLN
Reference Benchmark PLN
5.884%
20230927
RON
Reference Benchmark RON
6.045%
20230927
RUB
Reference Benchmark RUB
12.470%
20230927
SAR
Reference Benchmark SAR
5.532%
20230927
SEK
Reference Benchmark SEK
4.021%
20230927
SGD
Reference Benchmark SGD
4.016%
20230927
TRY
Reference Benchmark TRY
33.497%
20230927
ZAR
Reference Benchmark ZAR
8.442%
20230927
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.